One reports he/she likes the stock but will see it at $8. Another says $9.70 will never hold today.
I would like to see some significant short interest in this stock. It seems the market is full of these retail bear shorties getting out there and trading ferociously on the economic forecasts of idealogically-driven supply-siders. The talking heads stamp their feet about how their low tax rates will eventually be taken away and GDP will plummet. They talk about inflation and the impending doom of what they call 'Obamanomics' while purely ignoring the economic wasteland that a devotion to supply-side economics and self-regulation have left us. It is these inane talking heads who embolden fairly inexperienced shorties into risking their cash on plays they don't really understand.
I would just like to say thank you to the many who stand in front of Fox News TV cameras and preach the gospel of failure, for it is their followers who are handing over the balance of their Schwab accounts to people like me, who saw the orgy of loose money under G.W. Bush as a sure recipe for disaster. Thank you again idealogues: you set 'em up, we'll knock 'em down.
Perhaps the Glenn Becks of the world are into the redistribution of wealth after all.