Nice to see Wall Street up to their old games of choking the rest of the country while they make record profits. I would like to see all the nat. gas players refuse to sell fuel to NYC.
They use HFT and options to run the stock into hell and then make money both ways while nothing has really changed. Create wealth out of thin air.
NG is slightly up today and again one of the finest producers is getting torn apart by Wall Street HFT shorts. Most of the electricity generated in this country is from NG. I can't see the value in solar anything when the existing fuel is already very inexpensive and plentiful. Live long and prosper.
Big traders know something that will filter to us in about a week, maybe. One thing is for certain, they are screwing with this stock valuation. I have noticed Yahoo financial message boards and market pulse is being used less and less and may go days without a post.
A company makes nice profits but Wall Street makes its money by shorting stocks to the point of bankruptcy, then run them up to nose bleed levels. Guy Adami once said price is truth but I no longer agree.
The last time I heard him get on a rant was with GMCR. It almost broke the company and made a few NY hedgies a lot of money. But look how good the company is doing today. He gets on the short wagon and cries like he knows the company's books personally. Herb says storage is a commodity and is worth little at present. Why is GOOG, AMZN, MSFT, etc. all loading up on storage space? There is a huge future in this young field.
I blocked a couple of "know it alls" that guaranteed $8-9 per share then another said $5-7. I like helpful data. Guy Adami says price is truth and eventually the market trades where it does the most traders the most damage.
The writer of this topic is correct. It came out at 10:10am this morning and in the News section on Trade Architect under quote detail for RAX. Thank you for the info.
I use Ameritrade and Think or Swim and I don't see the news you are suggesting on either site.
Opens up without buying or selling shares, then at the open somebody with connections dumps 35,000 shares, head fake rally up on no volume, give it all back before first break. No, this table is not rigged. Did you read the article about Michael Lewis the financial author this morning?
Scalpers take it all away and then some each afternoon. Such a shame that on the past several one hundred point gains the scalpers still destroy another company. We can only hope the bloodshed stops soon. How can we know when the end of this has come?
Morgan Stanley's analyst said this was an upgraded stock. The next two days the news wires has bad news concerning product pricing. My point is Morgan should step up and backstop the stock instead of letting it run through 30. I have not seen a stock drop so fast since Herb Greenberg was selling GMCR bad news.
We'll find out in the morning whether Morgan Stanley will put their money where their analyst's mouth is or whether they are playing the Wall Street game and set up the brief rise yesterday for their clients to escape the trade. This #$%$ happens far too often for it to be coincidence. AWS will still be over-priced if it was $200 per share.
Yes, they each are warehouses for information but Rackspace also provides hybrid services as well as managed hosting. They will write the programs you need, manage the equipment, and provide service for all of these services. Until Wall Street decides use the same gauge those that own RAX stock will be feeling the pain.
Every time I look at this stock it has fallen further. The big traders with their algorithms and legal skimming know exactly what the numbers are and what the stock price will be shortly after close. Its a shame to know there are still dark corners of the market the SEC doesn't watch. Look how AAPL traded steady until their numbers were out. MLNX on the other hand has been falling steady for days.