I also did massive buys in 2009 and did the same partially in Sept.2015 and partially 2.5-3 months ago with oil and commodity stocks (trading is something else). My current (this sector) portfolio consists of 22 stocks and over half of them are already costed out. Until now no one of 22 went BK though SGY and 3-4 more stocks have a potential to go under. I do not care too much about them because they are currently free for me (sold out an initial investment when stocks went up in March) and the worst case scenario is getting break even.
YHOO's top management almost always was weak and too personal ambitious.
YHOO had a huge advantage 16-18 years ago and lost all of it. Marisa is just another example. My next door neighbor who is just a project manager in a medium size IT corporation would have been much better YHOO CEO. He predicted all YHOO debacles well in advance. A criteria for a CEO hiring are pretty far from those that should be used to help the company.
Poor designed software, poor testing, etc., etc.
30% profit is BS. Even well-established auto companies do not have it. A current TSLA valuation is not just too high, it is crazy high. TSLA valued at 65% of Ford while TSLA/F revenue is only 2%. A gap is 25 times. do not forget that TSLA is losing money every day. Do not forge that even turning into profit TSLA must serve this huge debt, etc. I do not know who and why created this senseless valuation but I do know that in a case of a general market collapse (high probability) and credit problem arisen immediately TSLA shares will drop to $10-12 as it happen with many stocks 7 years ago.
right. I shorted several times for the last 2 years. Covered after earnings and ready to short again as soon as the stock will be bloated again. SCTY is a safe play only a short side.
you are right. I'd say it'll happen BEFORE tariffs implementation. Moreover a recent 200% rally was on this tariff expectation ONLY. The stock retraced 40% from the gain. Probably 10% to downside is still reasonable. I will be ready to pick CENX again in $5-5.5 range.
looks like the market knows something that others not. Almost 50% loss within last 3 days on no news. I'm itching to buy a small position (say 50-60K) for a short time trade. any thoughts? May be I missed bad news?
EXACTLY what I posted about being an activist investor. As soon as these 2 guys buy a sufficient portion of of ESI shares they will take a seat or 2 in board of directors. Actually they are already got a right for a director seat.
Shorts are currently in a very ackward situation.
I'm confident if GS raised estimates for oil we have to expect oil drop back to low 30s. If you go back to GS oil prognosis it was more or less right only once out of 6 times. GS predicted $20 when oil was on downside in 35-38 range i.e. GS was right on direction but as always was wrong on price. Those who waited 20 lost a unique opportunity to make 2-3 fold on oil stock recent rally.
I do not know about short squeeze but I do know these guys are kind of activist investors i.e. they influence share price by trading. Now all depends on who are shorts and how far shorts are ready/able to go to save their #$%$.
A buying pressure is starting to increase and believe me this is not retailers. Retailers as always will join the party near the top.
2,353,302 shares (9.33%) were bought by 2 Chinese people for KHLU Ltd. This is the biggest institutional holder right now. As far as I know this company is not a passive investor. Be prepared for a potential upside play.
I'd rather suggest SEC should investigate those who took huge short position being aware of insider info about selling 7M shares.