I mean the stock is ready to run and the only reason it is still down is manipulation. I can read trading charts pretty well. This is an intended action. AL is already 0.743. I understand that Q2 likely won't be good in terms of profitability but the market always looks ahead.
I do not know about BMO assessment but mine is simple: CENX at $6 is a brilliant buy. I already stated that I sold put CENX position around $9 predicting 50% gain correction with no respect where AL price is. The stock marched from 3 to 9 making $6 and then retraced 50% to $6. AL price is going up and much higher now than it was when CENX was reaching $6 rallying from 3 to 9. Accumulation is in effect. The next leg up is $11-12. It can be started any time.
he is busy trying to lose another chunk of money with HLF.
definitely manipulation. Today's AL price correlates with recent CENX SP of 9. If AL continues to grow CENX will follow sooner or later and follow very fast. From current 6.3 to 10 distance will be made within days.
AL price is a core.
as for now SGY is down over 15% from 2 hour ago top. It proves the fact that the stock i a scam play. No underlying reason for a rally and a big short interest does not let it go up more than several minutes. I'M out - my $7 stop was triggered. Still made 60cents/share.
scammers rarely satisfied with a small gain (in SGY case it less than 40% after RS). It seems to me they will try to inflate the stock to 8-8.5 at least. Nevertheless a too extended SI can be an obstacle for this game.
it can be bloated to 10, 12 or even to 20 within next several days or alternatively it can be taken back to 4-5. SGY does not have a history of sustainable growth in share price. As a rule it 1 day huge gain then many days a drop. May be 1 day more, may be not. Even garbage like EMES grew from 4 to 12 within 2 weeks in a row. SGY likely a classical very short time pump and dump exactly as many subpenny stocks.
Never mind I'm playing this garbage today from 6.40 in a hope it will hit 7.60-7.70. If not I have $7.00 sell order to preserve a small gain.
if you are in on a timely basis you can make 50-150% within several days. Absolutely no reason for 30% pop up today as well as there were no reasons for dropping to 27 cents (2.70 after RS).
until early Fall in a consolidation/distribution phase. Trading is a must in these time frames. Then a "sudden" 1-3 week 80-200% pop up, usually not correlated with oil/metal price. Then oil price will start to grow too but without oil/commodity-related stock participation.
he did not say 150-250% OIL PRICE rally. He said OIL/COMMODITY STOCKS rally. If oil rallies 150% oil/commodity stocks will rally 1000%+.
electronic wall is much more reliable. As for terrorism there is a statistics that tells that vast majority of all acts committed by muslims like it or not. You can be politically correct or not but this is an iron fact. during the WW2 hundreds of thousand Japanese people were interned in USA just because they were Japanese. Nobody claims that ALL muslims are terrorists but at the same time Donald is right - you have to pay a special attention on those people.
SWN was downgraded by several houses starting from Feb 26 through April 15. Now take a look at SWN chart. an absolute bottom was reached in February 29 and then the stock marched almost 3 fold up under an avalanche of downgrades. Resume: all these institutional, actually the WS crooks wanted you to sell your shares near the bottom. After hitting 15+ the stock needs some small correction. Today's debacle and yesterday's not move means only temporary correction from a bit overbought condition. How low? Depending on oil price it can be 12-12.5.Then the next wave up to 20--22.
it only proves that
1. CS was involved on SUNE scam financial engineering.
2. you should not trust those banksters.
the weakest argument is referring to hedge fund managers. Many of them totally failed: B Ackman (HLF, VRX, etc.), D. Einhorn (SUNE, etc.) and many many others.
Chanos was good in VRX shorting and even in CLF one but time to cover came. Should CLF trades in 60 range NOPW I would have agreed with Chanos but this is $5 stock. Same as $3 LVS in 2009.
Even selling for $8 is a big chance to see a tail of a train.
JMHO: the best way to make money on CLF and feeling comfortable at the same time is selling 50% when your gain reaches 100% and then forget about the remaining shares for a while, may be for 1-2 years. You will find it eventually in 20s.