This may also be a summer sell off - june swoon - sell in may go away, thing. Just a sleepy market that will wake up soon.
Market jitters mostly. I think things will improve once the market stabilizes from all the Fed taper worries. That issue is still lingering for some stupid reason.
Yes I know ; already loaded up ; flying under the radar for now ; this is another MBI repeat ; and no this is not a pump ; really you should ignore me ; I probably should not even be posting here ; for me RDN is on autopilot now
Sentiment: Strong Buy
RDN hits a new high, then backs off and backfills to the next new high, been doing this all he way up from 6. Slow and steady, no gaps. Higher lows each day is a great sign. If this pattern continues, we should see 18 to 19 by the fall with maybe 20 by year end. If you are a trader good luck to you, but be careful you may miss that upswing. If you are an investor, just be patient.
"may"? "think"? No wonder you're so bad at this. I don't have to *think* or *may*. I KNOW 79% of the float is institutional holding and 45% of today's volume was short. *Think* about who *may* be shorting it. Maybe you're one of those folks who can only make money when a position goes up. You certainly talk a lot, that's for sure. Talk some more about that massive short squeeze you've been blathering and bloviating about for the last six months chip. Does your nose go beep beep when squeezed, clown? I heard your daddy beat off on your mommy's feet and the flies did the rest. Is that true?
Listen A wipe, If it goes back to twelve so be it. Better be careful here. You may just get what you don't think is going to happen. A lot of short fish and they will get fried at some point.
They have to be quite so they don't scare the fish away. Who do you think was selling from 12.90-13.30 this morning? You think that was longs selling their positions? You know better. Buyers buying what short sellers are selling. Back to $12 before we see $15. Now, before you start your regular, "Oh you're a bashing short!" , think about it, why would I want price to go down? I want price to go UP. The higer the better. We're headed back to $12, so I hope we see a nice pop here before the next drop. I'd MUCH rather short $14 to $12 than $13.20 to $12.
Why $12? Because I don't know anything and I made it up, that's why....or because it's the 50 dma and the month chart shows an obvious downtrend and we didn't hold the 50 dma last week. Who knows? How's that MASSIVE SHORT SQUEEZE workin Creeperspam3?
where you going gary? are you tired and burn out here? Good luck to you this baby is heading to $20/s at the end of this year and you will miss it.