So all the people who bought from $30 to $37 in 2013 are stupid?
Doesnt make sense. Stupid people dont have this much money to buy TEX at the prices it's been at in 2013, from $30 to $37 in no time...so this whole story doesn't make any logical sense...I still think this is a ploy to play with margin calls and for whales to buy cheap shares when the clown comes out next quarter and says their view has changed and everything is peachy like before.
I short sold TEX at the end / beginning of 12/13 when I felt the market was in a bubble, but I got taught a lesson every time it went up $1 - $3 a day..so when I finally give up and realize my logic is worth nothing and go long, all this happens. With Art Cashin saying markets could go rise parabolicly and indeces flying 1% every day it was hard to start to stay short..So they played me both ways..never in my life will I trust the stock market #$%$ again.
Imagine how fast the #$%$ will roar this up when the Chinese lower their rates, when TEX beats and updates their projections, when the Fed issues some nonsense that they didnt mean what they really said...all you short-sellers may be smart today , but wait a month, we'll see what's really good.
You Sound Like Jamesmarson..Lord of Tex But i agree with You..This Whole Slowdown out of NoWhere is a Ploy to Cheap Shares and Weak Traders into Selling Panic Mode Will write More Calls to lower Price did already sold 31 last week befor lousy News got .80 cents per contr lower price and will buy more after monday good luck