I don't actually trade because I really have no money but I do enjoy watching people lose money and mocking them while that happens. I guess it's a result of being poor and insecure.
Back in January Josh from CNBC said tasers run was over,I thought he was nuts.Over the next eight weeks taser traded in a range $25.00-28.00- The shorts grew to 28% of float. volume dropped off .Ever time the stock rallied it would sell off.Then Cramer said he liked taser BUT it was in the cross hairs.BIG Boys,There were plenty of warning signs.Sold 27.90 New resistance 23.76
and a nice little base put in for this to climb up from. It will probably follow the market for the next month or two waiting for news.
Yep, that's why I NEVER use them. If you stay on top of the trades day to day you don't need them, as the mm's will rip them off and steal them from you.
Classic domino effect from stop loss orders.
Another problem with a stop loss order is that when you enter it into the computer, the order is transparent. A game that some market-makers played (these days, it will be computer algorithms) is “run the stops,” when the stock is forced low enough to trigger a large cluster of stop loss orders (usually at round numbers or well-known support and resistance levels). After the stock is sold at a popular stop loss price, the stock reverses direction and rallies. Gee sounds familiar , doesn't it?
Thanks Lori -
I had found that article you kindly cited as well, and all it did really for me was muddy the waters.
It was pretty cryptic.
I'm sure you also recall Sometime back in Feb or early Jan, Vievu had claimed that they had received the contract.
Taser members maintained correctly that there was and RFP request during an ongoing process evaluating the 2 companies by 2 groups of officers in the field.
There were pictures in the Houston papers around that time with HPD officers wearing both Vievu and another group wearing the Taser Flex clip on camera.
Since then, I hadn't heard boo on any outcomes, and obviously it wasn't mentioned during the conference call.
Appreciate the reply, but it would seem Houston has not finished it's evaluation.
Big department,and would be great PR stay around the time NYPD announces.
Sentiment: Strong Buy
from 2/22 article:
Houston police spent $108,000 two years ago on 100 cameras that are the size of a pager and go on the front of an officer’s uniform. Officials are also asking for $8 million to buy cameras for 3,500 officers.
Police released edited videos this month of six incidents between officers wearing cameras and city residents. But the department has refused to release detailed results of its pilot program because it argues the results could complicate the purchase of more body cameras.
Last ten minutes of trading were interesting on Level II. Frantic buyers and sellers ripping pennies out of each others hands. People dumping and buying large blocks. Should be an interesting next week. Good luck to all, but especially Benhurtax.
They're commiting themselves to long term growth in hopes of gaining more big contracts with law enforcement. they own a big part of the market share and they need to keep the pace going. They also put a lot of $$ into R&D. it's a good buy for long term holders.
"If we fail to achieve a dominant position because we failed to invest the resources required today it will be a tremendous loss of potential future shareholder value and as such and based on in-depth discussion with our technology advisors on our Board of Directors we’re continuing to make the significant investments we feel prudent to enable us to own the space.'
Great response to wally! So droll and sarcastic.
Tasermac, Keep up the good information flow.
"To support our customers in addition to sales reps we’re adding incremental product managers, account managers, customer service reps and order processing staff each of these functions ensure that the customers are having ....a world class experience when choosing TASER products and services thereby gaining loyalty in future business."