13 Jul 2012 137m shares bought, that is the reason this sucker is still going up, some big stacks feeding it slowly into the market and supporting the pps with bids to keep the price above that trend line. The charts dont lie. If a stock keeps going up when the forecasts and economic data start suggesting trouble, 2 things happen:
1) Smart people recognize it is manipulated and stay away or get out.
2) Smart people with too much exposure who cant dump it all need to pay CNBC to appeal in a sales pitch to mom and pap retail investors to come in and pick up the garbage.
ABEHAUS.........)" Smart people recognize it is manipulated and stay away or get out.
2) Smart people with too much exposure who cant dump it all need to pay CNBC to appeal in a sales pitch to mom and pap retail investors to come in and". Good points but "people" do not run this show. Its the MM's , mutual finds, hedge funds, derivitives and etc. People run $%#^ T. ABE, please join us on the run to 90 !!
Thansk for the thumbs up guys, you just know when things are getting worse and price keeps going up that something is wrong ;) Only suckers start falling for the reverse psychology and believe that bad data and bad outlooks are good news.
I'm still trying to figure out where you people are seeing this revenue drop. The 8-K shows an 8% increase Y/Y. Net earnings are down due to (hopefully) one-time litigation and acquisition expenses, but if you net out these costs EPS increased Y/Y.
They have been waiting for a huge correction and are growing more frustrated by the day as they watch me and you getting ready to retire b/c we stayed invested. When they finally give up and buy, that will be the time to go into cash.