Guys - I've said this for the past few days...this action is very BULLISH despite what people are saying. People think a bear flag is forming and can't stand the thought of it breaking down further. Longs bail, the dumb fast money crowd says its done for, that high oil will kill them, then there's no one left to sell and it gaps higher 3 days in a row. Well, I believe this is the final weak day we see for a while. I think we will be at $17 by April.
been long for a long time (mainly options) and have done well (real well) - agree --- we'll see what happens over the next 30-60 days I love these people loved F before earnings - hated it the next day - fair weather friends (can't even call them investors) as most of these moves are basic - most of what CEO does is 'standard' business - (paying down debt a bad thing...go figure) GLTAL we'll see a strong spring/early summer - watch