As much as one doesn't understand it as it is so fraudulent, that is how the market works. You knew this kind of behaviour was coming, you just didn't know when. Wall street short now and retail folks selling out of fear which exacerbates the downtrend. This is how 2008 worked. This is nothing like the Lehman debacle but wall street will use it to make some good money on the short side. We are already back to 2010 prices for CF. No advice just GLTA
Reminiscent of 2008 when good news still saw a stock drop in price. Could be a hot summer will cold stock prices.
Day is early. Will see what happens but I did think we would have more of a bounce. Waiting to go long. These potash fertilizer stocks are looking more and more like coal stocks. Maybe they have come out with a new form of energy to produce better yields.
POT is negative now after a gap up. Wall street not friendly to potash stocks unless short.
Definitely discouraging for longs. Predictable with the tighter spreads yet discouraging none the less.
It does look like they take VLO lower. Lots of refreshing on the offer. Brexit means that there will be less driving in the USA this summer so VLO will have lower profits.
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.
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
WNR up 6.70%, MPC up 4% and VLO in the red with no news. This looks like wall streets finest keeping prices stable to cover their short shares. Refresh, refresh, refresh.
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.
Sorry, I should have stated fertilizer stocks. I was thinking about POT. Not thinking well. LOL
Similar to when it was 34 with analysts bounding the keys sharing that it was going to 45-50. We know where that went. No accountability for these folks at all.GLTA
Not real heavy selling but no one stepping up to the plate to buy. May have been a number of wall street taking profits and then shorting yesterday. On the daily still making lower highs and lower lows. GLTA
In which direction? Today it is the worst of the bank stocks. Very weak on an up day and supposedly good news for banks.
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.
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