well, could be but not my interpretation. means shorts are just not interested as there are more volatile, higher visibility stocks to flip
or weeks. 14.75 would be a great GTC bid but it may find support at the 50 day ma. took profit this week from entry on the dip of 11/20. Like to place secure a bid at support then just wait a few days till execution. GLTA
For those who want to double down as well as shorts asleep at the wheel that are looking to lock in gains. Mark this post. GLTA
admittedly taken out of context... (get over it)
Are There Any Positives?
Well, there are some. A dividend will continue to be paid. Many shareholders who wanted to sell, have sold. There has been some insider buying at the company. There has been and continues to be a buyback program. The stock still trades at a discount to last known book value. With the stabilization in rates this quarter, book value is likely stabilizing. The interest rate spread is probably going to remain the same if not widen. Finally, the Fed has committed to continuing asset purchases, though the meeting coming up this month has some folks nervous. All in all, the company will survive. The shares are in the discount bin as folks fear for the future.
Chart says worst pain is 18.80 so that's where I will double down rather than scale in. What's another buck down from today's close if you can save the same amount by just biding time? GL
by now he has covered his @$$etts hopefully for his sake. i have no problem with shorts other than their cocky greediness.
Can't recall reading so many whiny cry baby posts on a yahoo board as on this one today from shorts.
Just check the amount of short interest. Squeeze hasn't even started yet, shorts are too stubborn to cover until they lose all the gain.
You don't "lose" till you sell. Paulson wouldn't notice the loss anyway. at a fraction of a % of the account.
You got it but the shorts are a greedy stubborn & in this instance stupid bunch of masochists.
of cry babies, poor things... just pull the "covers" over your misguided heads. LOL
per Seeking Alpha article
In conclusion, I will repeat that in my long career as a pure TMT investor, I view this company as one of the best risk/reward opportunities that I have seen. Wavelength is very cognizant to focus on worst-case scenarios. In that vein, we would argue that the shorts may win if this company cannot turn itself around in time. However, we would never consider this a viable short because we believe the upside is nothing short of staggering.
Sentiment: Strong Buy
Was the tip I just received on this so will take a small initial long position. I normally don't have patience to hold a stock that long so might just trade it along the way.