Nothing to see here.
So, I don't know why everyone is surprised by today's action. It's going right back up above, either today in one shot or tomorrow.
I'm still paying 4.80 for premium here in California. It was 3.80 few months ago for about a week,
I don't get it.
Some stocks that used to trade 5 million shares a day, now trade 100 shares a minute all day long.
The only problem with your theory is that it has been overbought for 5 years now and it has been oversold for only one day. Genius.
BOTS must be confused.
Yes, I am short since 45. Covered at 33.60, the day after earnings. Because I listened to Cramer about all the wonderful things URBN has going for them. Listen, these days buybacks are not a good thing-it is a bad thing. URBN has been very predictable and I made a lot of money palying it. If you have level ll quotes, you will know what I'm talking about. The stock goes up one share at a time, sometimes not even trading 5 minutes at a time. Go long in low 30's and short above 40's -you will make a fortune.
good luck to you and don't forget to go short over 40.
Don't be jealous, we can all make money
Dude, have you been watching URBN for the past 2 years. What theory?? URBN made a record purchase of shares in order to reduce the number of shares so they can announce better earnings and even with that they were bad. Imagine, where the stock would be now, if they weren't purchasing all this time. That's not insider purchasing, they were selling, I'm talking about company repurchase. The stock would be at 10. Now get out of your mom's basement and go upstairs to take your medication.
buy back putting market orders to spike the price so they can get out.
always. You can tell, because there is no block trades, but yet the volume is heavy. No one wants their stock, they just use the buyback for the management to get out.