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NorthStar Realty Finance Corp. Message Board

  • dar200 dar200 Feb 19, 2014 7:37 PM Flag

    Excellent day

    15.00 is no longer a barrier.

    Closing bid at 15.01 nice to see. Rush to sell abated.

    Shorts getting stopped out provided some entertainment.

    People who wanted to take profits at 15.00 or over had plenty of chances.

    There should be no big surprises now between 15.00 and 15.12. Unchartered territory (since 2007) begins at 15.13.

    Shorts gotta be worried. Even a whole tube of Preparation H doesn't sooth the pain over 15.

    Clock is ticking on shorts. Only 5 trading days left before earnings release, then CC, which could be a short-killer, then a few days to ex 22 cents. Narrow window for millions of short shares to get through.

    Tute longs smelling blood. Will squeeze shorts trying to cover by earnings.

    Next 5 trading days should be lotsa fun for longs.

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    • Looking back to 2007, the uncharted territory over $15.13 does not look like any real resistance, because trading volume was much lower than these days. I have a hard time believing there are many holders left from those days to sell into this rally. More likely they all sold, like I did, then got back in at lower prices.

13.00-0.24(-1.81%)Apr 28 4:00 PMEDT