High beta names taking a beating in the market as our politicians send everything down. Take a nap and wait for earnings and the news. Shorts can have their fun for a few days.
Greg, I am in the wings licking my chops. I am waiting for the perfect timing to re-enter here and it is coming soon. I will go long with stock and do some synthetic longs and probably male 20 points very fast as this move really has nothing to do with HLF it is Congress and Tex's president tearing down the feeble economy. This too will pass. Be prepeared and get richer longs.
this drop smells to to me to be the work of GS. i bet GS bought the hlf short position from pershing sq. qand now we have a new player with deep pockets and athe expertise to hammer hlf pps. not a word about hlf fundementals but between flash trading, naked shorting, and front running, what chance does a retail long have? ws is a cesspool.-jmho-bucko
With the VIX above 20, my gains are getting kicked today. Looking for $85 price target, though, when $5.66 forward earnings at PE of 15 kicks in. Bids are much larger than individuals asks, today. Seems to be down just because of general market selling. pressure.
remember that close to 80% of hedge funds are up less than 5% ytd. Only the quality funds have really participated in the ytd rally. They all want to be aboard for the big rally coming once the morons in DC impale themselves. idiots left and right are all ridiculous...
The idea is to position for the other side of this nonsense... but to ensure capital is reasonably protected while we wait. HLF should soon be a rocket ship quashing nub retail shorts the likes of the putz repeatedly saying ackman and the stock are "impossible to squeeze" (despite ackman's wasted $190m premium and still 15m shares short no matter how many times explained by several here including you and me.
We are not the only pm long with offset hedges that will come off when the bs music stops. LOL