Wow love this post (and I'm long). Love it because there are 35 "thumbs-up" -- that is a lot of nervous shorts! Just think when the squeeze begins!
But regardless, it's all good when looking at it from a 2-day point of view from Monday's 1.91 close. Since then it's up 30%!!!. This a perfect chart formation---big spike last week, then a consolidation for a couple days, then another spike the last 2 days. We can't lose tomorrow either way--either more gains, or a healthy consolidation (which is actually better in the long-term if you plan on holding it).
In the pre-market it was trading between 2.55 and 2.65. My thinking is that this leaked out to some yesterday---did you notice it was up big on no news? So a portion of the news may be priced in already. Thoughts?
Agreed. Never bought that rumor for a second (I also don't think Apple would settle---too big of an ego).
One other thing---you really think a company the size of Apple would let insider information about a settlement leak out?
Thanks for the post---future looks unbelievably bright---saw they signed 2 more deals this morning.
Did they lie? It's only down a mere 9 pennies. 9!
All you shorts were wrong. It's now trading under SUNEQ on Ameritrade at 0.21 x 0.22. Ha!!! All I heard was it was worthless! It's only down about .12 !!
So that would be a 10-bagger if you got in a couple days ago at $2.
not only hat, but after it hit 044 cents on 11/16, exactly one week later it hit $45 after a short squeeze (11/23). It crashed back down when the majority investor got arrested.
Agree---assuming Johnblabla66 is another alias for the new Roochester dude that just showed up a few days ago---same annoying habit of posting same thing 5 or 6 times in a row. Even ignored, it clogs the board. How can we find this person? (assuming the "report abuse" doesn't do anything). I would love to have a "heart to heart" chat........(can any techies pinpoint their IP address?)
Okay, that "healthy flagging action" (consolidation) is over for now -- and it has now resumed it's upwards climb -- 2.16 as I type!
Crashing? Not at all -- been consolidating for last 2 hours in a very tight 2.05-2.08 range. Extremely healthy flagging action here. (and btw that is still about 20% above your $1.70 target). In addition, volume gigantic (over 3.1 million and the day is not even halfway over).
As some of you longtime folks recall, it traded up in the $3-$4 a couple of different times over the last year (and you can see it both on the chart and looking at the 52-week range---there have been no splits in the past year, that is a real, absolute number).
Hoton, I think you may have struck nerve with them--in a mere 12 minutes, the shorts gave you 6 "thumbs downs" (I gave you the thumbs up just now).
And after all the gloom and doom all weekend it finished up 4.4 cents at 0.344 (from that Friday AH close of .30).