In your DREAMS. The US Gov't would never allow a foreign ownership buy X on NATIONAL SECURITY ISSUES alone. I can't believe all the guillible DREAMERS that think that this COULD EVEN BE IN THE REALM OF REALITY, but that shows you the intelligence exhibited on this board.
One thing for sure is that the SEC and DOJ needs to find out who started this ABSURD RUMOR and PROSECUTE THEM ACCORDINGLY !!!!!!!!!
well they don't have to go far. just find out what made motley fools talk about short squeeze.
then link them to the rumor mill.
ANWAY this crap is getting OLD
IMHO the purpose of the rumor was to clear out the value of the August 50 puts and calls. Meanwhile, the stock has rallied close to upper resistance. Between now and Friday, after a lot of scared short covering and closing of options positions, will the rumor be denied in time for X to change directions. This is an opportunity, especially when former bears on X turn into bulls and bulls from when the stock was over 60 get complacent and don't bail out at what could be their best exit price for a long time. This is addressed to the writer of the post above mine. Any weird attacks will be ignored.
Very sound reasoning...but the trend is now pointing up and the only real resistance is the 200 SMA. QoQ earnings have been improving despite still being negative.
Absolutely. Spot on.
Wow Goldenshower it sounds like you and your fellow shorts are taking a rightious pounding today eh?
Hey towerwalkie,
When this RUMOR gets SPIKED, you'll be jumping out of your tower head first...LOL
This situation is making a great shorting oportunity for traders.