Some texted me to share that folks are still driving. They are going to Mexico before the wall is built and spending their holidays driving in Canada because they get more bang for the buck. Makes sense!
Very strong selling today. Will wait to see what last two hours bring. We may begin a bit of a selloff in the market. Thinking we are going to see some flushes coming at the end of some of these trading days. GLTA
Jerry those are not real buyers. These are shorts covering some to their shares. They are covering some that clients want sold now we have had the big drop. That is the reason there is no real movement up. This is how the real game of monopoly is played in the stock market. Bill Gross's analogy is playing out. Wall street is having to make more and more of it's money on the short side so they target particular stocks and sectors. Mutual funds have redemptions and they have to sell stocks. Results in big losses for retail and big gains for DB. A few retail folks have been trying to catch the falling knife in FSLR as it continues to fall. Now down over 10%.
Reality is that DB is in trouble so they have to do something even if blatantly unethical. Folks do not listen to DB upgrades and downgrades. They are moving the stock. They may have colluded with another broker. This 5 million shares already traded before lunch and down over 4 points was a planned move. Do feel bad for longs. I have no advice as I have no ideas what is going to happen next. Definitely not looking good for longs as it appears they are going to take it lower.
No I am not short and I am not going long when they are ganging up on this profitable company. Just like life is not fair, the stock market is even less fair. GLTA
Can you say, "considerable volume". Must be nice to have the kind of money to move stocks this much in the direction that guarantees you make a bundle. Here we are 44 + and falling.
Interesting how QCOM is downgraded twice and it is up. May think this is a concerted and planned attack to take FSLR down. This is why it is precarious to be playing in this market. If they pick your stock to make money on the short side you are going to lose a lot if you are on the long side.
I hope it works out well for you. The market is so manipulated that it is very difficult to know what is going to happen. I feel for the folks that are inexperienced and get taken via buying at 16 or 17 with a big gap up when it is a set up for the big money folks to drop it.
No buyers as they have chased off the retail buyers and the big money folks will not go against their own.
Those saying that it goes to 17 tomorrow and then 20 next week are in a fantasy world.
Interesting how SEC can play dumb or more accurately deal with things in such a fraudulent manner.
Many more longs underwater after todays movement. FBI won't recommend charges against Hillary while the SED will permit the big money folks to steal from the retail folks. Sorry for longs that are hurting badly.
Definitely not all profit takers selling this stock. The folks that bought at 16 or 17 are now in a bit of a hole. Big money can do whatever they want with a stock. Of course big money is short so you knew the direction this was going to take after the open. Folly to think that they would let this take off after the open. Short squeezes occur when the big money has covered, go long and the retail folks are still short.
Think that it gaps up and then the shorts bring it down some. The gap could be significant and shorts will bring it down some before covering at better prices. JMHO
Potash companies in Russia appear to be able to operate with much less costs than US and Canada markets.
The contract with India is somewhat scary with the price they are accepting for their potash. They must be able to pay much lower wages than in NorthAmerica. Appears stock price for potash stocks will remain low for some time.
They are running out of water again and will need to dig more wells to keep going. It is not running this company with profits. It puts dirty water in the tank and tells you it is electricity. It is like believing Hitler in WW 11. Total #$%$ at the expense of a lot of good people.
No, not now. Just observing as on watch list. Was a good short. Do feel bad for longs as this has been a terrible fall for them. Wall street must still have this stock short and needs to cover. Not willing to go long until some buying and movement up. As low as CF is, wall street can still take it lower. We just had 3 good up days in the market and CF has floundered. GLTA
Analysts continue to tell you to buy and of course the company somehow surprises to the down side. From 13.75 to 13.62 wall street shorting while retail folk buying for the great beat. The beat as usual was on them. Sorry for them.