I posted this a couple hours ago, I guess the whole internet was wacked because of the heavy trading volume. This whole "meltdown" is no big deal, but look how many are panicked and posting that the end of the world is near. Get a life, we haven't had a correction in four years, this is a freakin blip on the radar screen. I managed to grab 1000 shares at the open at 42.58, it said executed and then when I looked 20-30 seconds later it did not show additional shares and my order was still "open". I hit refresh and then it showed executed for real. So my break even on CYBR is $51.20 and I don't have a care in the world. This stock will be back in the $60 range soon enough.
I tried to post but it doesn't show here. I grabbed 1000 shares at 42.80, at first it showed my buy. I looked about 20 seconds later and it did not reflect an increase in shares and still showed my order as open. I hit refresh and it had filled and everything was proper. My breakeven is 51.20 so no worries at all. CYBR will be back in the $60's soon enough
CYBR is a great company, but an even greater trading stock. Every time it dips into the mid $50's I load up. I sold all my shares yesterday at $60.25 only to see it run up well over $61. Thought I wasn't going to get a chance to get back in anytime soon. Thanks Mr. Market, loaded up again all thru the $55 and $56 range today. No worries, not on margin and I can wait it out. CYBR back over $60 is a no brainer, it will happen.
Awesome earnings again, this company is hitting on all cylinders! It just sucks that today was such a down day and dragged us down below $60. We could easily easily be hitting $65 after hours without todays bs action.
It is in all the right places, and it did take off after last q earnings. CEO is great, he really pumped it which is what you want. Im long from mid $50's and holding
I just added some at 22.90, still building a position also. I will gradually add more as I watch it.
Class action law suit? For what? You want to sue because you bought a stock and now it went down in price? Here is my advice: sell now, take your loss and never put money back in the stock market again. It is not for you, you obviously don't have a #$%$ clue as to what to do. Ever hear of a stop loss? You should have one on every stock you own. Did the management at Shake Shack hold a gun to your head and force you to buy their stock? What a freakin idiot. Did you do any kind of research? Did you notice you were buying your shares at the all time high? Do you know there is no guarantee that it will go higher? Do you know that at $88 and $90 SHAK is outrageously overvalued and an EXTREMELY risky play? Again, take what money you have left and stick it under your mattress, that's all you are qualified to do.
Last quarter I played SHAK for a huge gain, and I was also accumulating a lot of CYBR. Well SHAK just announced another record Q and its up big after hours. CYBR will do the same tomorrow. How do I know? Because its a well known fact that after saving the world from cyber criminals, CYBR employees go to SHAK and have a burger deluxe combo. So if SHAK has record numbers, that means CYBR has been taking on way more clients. The clues are out there, you just have to know where to look! Look for another big Q tomorrow from CYBR!!!!
I don't have a position this time around, I'm all in CYBR which reports tomorrow. However, I posted that anyone would be a fool to short SHAK going into earnings. You'd be a fool to short it anytime, super low float and almost 40% shorted....its just a powder keg waiting for any small spark and off it goes. Can you say short squeeze? Yeah is over valued, I agree. So what, the market rarely ever makes sense and the market can stay crazy longer than you can stay solvent. Tomorrow should be interesting and fun to watch.
We have earnings, beat by .07 a share and cant get any kind of upswing. As I type this the DOW is up 218 points, a monster move and yet BOJA is down over .50 a share. Don't really know what it will take to get some upward movement on this turd.
And yet Ive watched it rocket up pretty fast also. In fact, Ive been watching it on a daily basis for 4 months now and its never dropped radically in one day. I hope it does, I will jump back in. I made close to $20 grand on the last earnings announcement from SHAK. No position yet, but wishing it could get back to the high $50's. However with earnings just two days away, that's not going to happen. We have opposite opinions of where SHAK will go, in two days we will see how it ends up.
Thinking about getting back in for earnings. SHAK will probably beat, 90% sure it will. And it has the right combo to send it rocketeering up: extremely low float with an outrageously high short interest. Last quarter I played it from the low $60's up into the $90's. Watching it trade today is like most days, it trades so freakin slow. Im watching it in real time and it hasn't had a trade come off for the last 17 minutes. Id love to get it back in the low $60's again...not sure if it will pull back. If I don't grab some, good luck to all longs. The shorts here are going to get fried again. You shorts can talk all you want about how overvalued SHAK is, but the reality is that this is where its trading. The market may be F'ed up in regards to SHAK, but who ever said the markets were fair or logical. The valuation on SHAK can stay wacked out longer than you can stay solvent.
I agree its challenging to grab shares on this one for two reasons. #1 there is a fairly big spread between bid and ask. Obviously you'd like to get the lower price but you cant because #2 it just doesn't trade much. I'm watching it in real time and there are numerous times during the day where 15 minutes will go by between trades. I have yet to see continuous trading on it, there is always time between trades. So you cant just jump in and grab shares as it moves around. I have set limit orders under the current price, and the damn thing just doesn't come down in price very much, which is a good thing. Great product, low float..it either moves much higher and/or gets bought out.
BOJA only has 1.6 million shares in the float, or the shares available to trade each day. So it doesn't take much to manipulate a stock like this. And it was really slammed today, possibly a hedge fund or two. All week we have been trending up. Today was no exception, BOJA was steadily climbing in price up to 25.55.
Then in about ten minutes time or less, we nosedived straight down. I mean, that is one ugly looking chart at that point. In that small amount of time we fell back to 23.52, or just over $2 a share. Somebody dumped a lot of shares... the price has recovered about $1 a share but that's all she wrote for today. I am hoping for some good numbers tomorrow also. A small float stock also works to your advantage when good news hits.
I saw a post on the CYBR msg board, another great stock, and started checking out CFMS last Friday. I tried a couple of times to buy it with a limit order that was under the current price. Not radically under, but I figured it would pull back. Well Ive been doing that #$%$ for 3 days now and CFMS still hasn't pulled back to where I could get it. So today I just paid the ask and finally got in, 3 bucks over what I tried for last Friday. And now Im even positive on my entry price.
This stock has what I look for: a great product and an extremely low float. It doesn't trade super fast, there are times that 5-9 minutes go by without a trade going off. But the low float will be killer when everyone else wants in. I was in SHAK a couple of months ago when the low float there rocked it from the $40's up to the high $90's. This could easily happen here once funds start buying in and the average investor catches on.
Sentiment: Strong Buy
Can someone tell me exactly what CFMS does? Also, how many shares in the float, or shares available to trade each day? I would get this from Yahoo but the "profile" and "key stats" are blacked out here for CFMS.
Im sure most people who possess a tv or internet connection have heard of the Minnesota dentist who poached and illegally shot a lion in Zimbabwe. The world has gone ballistic over it, and have flooded YELP with reviews on this #$%$ of a human being. YELP has responded by taking down all the posts, only to see thousands more go up. They say that this poaching incident is not relevant to his business.
Whether you agree with that or not, the fact is that YELP is practicing censorship and editing/deleting posts that it does not agree with. This goes against the very concept of their business model. Yelp has completely invalidated any trust or reliability that it once had. Removal of valid and factual reviews based on actual consumer experience is the complete and utter opposite of how Yelp claims to function. So on top of having #$%$ earnings, YELP has now lost the confidence of their subscriber base. And no, Im not short this stock. I trade out of my 401 and they don't allow shorting. However I am canceling my YELP account.