Meant someone bought in big and took out all the stop losses or someone sold big. From a high of $6.68 all the way down to $6.00 that's a 10% swing that happened in 18 minutes. Definity stock manipulation. Also share volume already reached its daily average in the first 45 mminutes of trading. Not sure if this is a good sign for the upcoming earnings release. Any thoughts?
Yeah, someone either got big time or some one really wanted to buy before earnings. 10% move from today's to low in 30 minutes of trading.
It went down so hard my trailing stop limit kicked in and I'm out for a 5% profit it looks like. Oh well. This is obviously being manipulated by some institution right now. There's just no rhyme or reason to how this stock trades.
Nice 3% gain early in the morning. I bought in on Friday of last week for $5.91 so it feels good to be about 10% up in less than a week. More upside as well, it looks like.
All the shorts will cover going in to the earnings release. None of them are willing to risk another debacle like last time..
So is Apple's.
If they split the stock would you consider it to be closer to "full value"?
EPS would fall but the P/E would be the same. The danger of throwing meaningless numbers out there......
But recent developments have made shorting CleanTech a very dangerous proposition. CleanTech could be setting up for a substantial short squeeze. Past squeezes have seen CleanTech double or triple in a single day. With short interest rising and the potential for a strong earnings announcement, CleanTech could soon re-test its high for the year of around $11. " He doesnt specify what these "recent developments " are. Currently on the sidelines but looking to jump in soon
Thank you, meima, I got back in at $5.66, after selling at $5.86. Now down another 22 cents! If management is believable, we could get that short squeeze, as Vector Vest posts some good numbers.