In which direction? Today it is the worst of the bank stocks. Very weak on an up day and supposedly good news for banks.
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.
They would still carry their regular weapon. In close quarter altercations they could immobilize the suspect temporally rather than permanently. I witnessed first hand this taking place while taking my mother for a walk in the wheel chair. I hear the police siren and see it come to a quick stop about 100 feet from us. A big strong man is running down the sidewalk. Two police officers jump out of the police car. The big man resists arrest. The one police officer warns him, the man continues to resist arrest, the police officer tasers him and then puts the hand cuffs on him. I was impressed as initially I thought both police offers and the suspect would suffer some king of injury.
You could be correct. If wall street long big time then they move it up. Fundamentally the stock is not worth anywhere near the share price. Expenses to go up 37% so revenues stay the same or less. Accounting magicians provide outcome of making some money. This has become the American Dream. To work for one of these companies that falsehood is truth.
This is another wall street sucker stock. They pump it, hype it and buy it getting others to buy shares that the retailer will be stuck holding as wall street shorts.
Long at 50.80. Looks like they are setting up for a move long. Think it may go higher tomorrow. Can not find any reason for it to be lagging behind like this other than wall street manipulation.
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.
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.
All kidding aside VLO is still in a downtrend so I am still just observing. It continues to make lower highs and lower lows.They had no difficulty having a big gap up then continued selling to where we are now. Still looks manipulated on wall street to the down side. They toss this around like a dingy in the high seas.
Definitely discouraging for longs. Predictable with the tighter spreads yet discouraging none the less.
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.
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
Have to admit that I am surprised in the selling in VLO today. Their refiner in the UK is doing well. Maybe wall street just sees an easy way to make more on the short side with VLO. Maybe they have had to take it back down so they can cover here. Maybe they are going to take it lower. Obviously I do not know. GLTA
Shorts are not scrambling to cover. My goodness. These are brokerages that have lots of shares that they have shorted. Now they have clients that want to sell. That is why they have been exchanging all these share here between 28.40 and 28.80. No scramble in that. They will get clients shares off the offer for a little during lunch time here and RH will move up some. Then they will jump on the offer with clients shares again and cover some more.