Haven't been around for months. Took a nice haircut but still thinking real long term and staying the course. Too many shorts piling on and with good reasons. Potential for true longs to get rewarded sometime next year.
Don't know how he disappeared, but very curious to know how all his posts across all the MBs got erased. Seems like a "big brother's" ctrl+alt+del act. Last I heard, the impact is felt on a global scale due to the vacuum created by lack of incessantly monotonous, rage-filled posts.
If GS lifts the price target to 7, the covering that will ensue will propel it to 10+ in a one month time frame. Can happen with china crackdown+any good magnets/sorbx news+molymet move+more fund buying. Too much to ask?
My orders don't get filled if I make it visible (large orders). I tend to fill up on the ask when the price is pushed down... Play their game.
Messed up world on the street named Wall. Good news is good because economy is on firm footing, bad news is good because prolonged tapering is here to stay and the only real bad news is no news!
The up move will come if improving fundamentals let GS/Baird upgrade their target price. Sort of like a ceiling that needs to break. Has it ever happened that an equity price traded at a level that is twice that of a GS target, by a covering squeeze or just plain demand?
A 1:10 reverse split working in favor of longs is less than 1 out of 10. In the case of MCP, get to profitability and then reverse split for all I care and for that one chance.
The key is to get comfortable to the orchestrated volatility. Once you overcome that, hold tight with sights set on at least a buck fifty up move and nothing less. Sometimes you don't need fundamentals to cooperate...just heavy hitters.
LOL, leave him alone. All he is doing is ticking true longs off who are even more determined to hold tight and watch shorts scramble to cover 'silently'.
This will be boxed around 4.80 at best with 10c up or down at worst. A lot at stake to hang around these levels just for today.
I like your altruism to help others from getting into danger. Keep at it until there is no one left to follow your words.
Unlikely to happen this week. Mid January is my guess. But all this churning down here is good because those who don't sell in shakeouts will hold steady above 5. What are you doing here newbie...