BOJA has only 35 million shares outstanding. Of that, there are only 1.6 mill in the float. That is incredibly small, astronomically small. No clue yet as to how many are shorted, probably not too much since it hasn't been public for too long. But look at SHAK, it has 6 mill shares in the float and half those are shorted. And you've seen how SHAK has rocketed up in price. BOJA could do the same, restaurant stocks are hot right now. BOJA could very well be a Son of SHAK. Im in and sticking around to see what happens. The quiet period ends tomorrow, we could see upgrades etc plus positive comments from management.
The latest news item for DNR is dated yesterday, from the street dot com and says DNR is trading up to $8.64 on rising crude prices and lower rig counts. The high yesterday was $7.43 so I have no idea where Cramer's rag gets its news from. Maybe they are on drugs or.....is it a omen to the future? Here is the link:
Big Oil is looking to expand and no better way than to buy up small companies like DNR with established wells, pipelines and customers. Look at the big move today, plus every insider bought at MARKET PRICES a month ago. They were not given shares/options at $1.50 a share.....they bought at open market prices, all of them paid $7.21 for their shares. They know what's coming, if they are willing to buy heavy at this price I see DNR selling for no less than $14 a share. And it wasn't just 1-2 insiders, all of them bought.
I don't think setting a high price works. The only way I know that works for sure is to register the shares in your name. Right now they are in your brokerages name. I once owned a great stock but it was getting worked by some big hedge, running the price down everyday. The CEO sent out a letter to all shareholders urging us to register our shares. Bamm instant short squeeze and from then on the stock kept going up. Register your shares, doesn't cost anything.
the #$%$ of all these shorts, thanks again guys for another MONSTER day on the long side. I would have covered before earnings, but I guess they figured all their data about valuation, same store sales etc would cause SHAK to sink. They forgot one thing, the trend. And the trend is being propelled by you guys, pushing it higher and higher. SHAK is not even vulnerable to Cramer. Cramer was pounding the table to buy SHAK, which is usually the kiss of death. Nope, not here. SHAK didn't even blink at the Cramer buy call, $100 is well within the next two days at this rate. And SHAK will just keep going progressively higher each day as you cracker heads try to cover. Up almost $5 yesterday, $6.22 today and who knows about tomorrow? I agree with you, its not worth this price....but Im not fighting the trend and Im sleeping just fine. Cya at $100 on Friday.
You can throw all the numbers and data out here that you want, the bottom line is that this stock is drastically shorted and it keeps pushing the price higher. I agree, its not worth current prices, but Im long because that is the trend. You can keep on telling yourself that all this doesn't make sense and keep hoping it goes down but all the while youre losing money day after day. You will be right, but dead right....as in dead broke.
That's all these short players keep yapping about. SHAK is overvalued, each location now worth $Trillions!!! And youre right, but you keep forgetting one thing: the trend is up, and the trend is your friend. Up almost $4 again yesterday, with $80 staring it right in the face. And the trend is going to be up for awhile because you idiots have shorted this stock to the max. Very few shares to trade, almost half of them shorted....where you gonna find shares to cover? Your own stupidity keeps pushing this stock higher. So keep crying about how much each franchise is now worth, how many burgers they will have to sell etc. You guys are right, but you're losing your #$%$. Im wrong and long and laughing all the way to the bank.
Youre right dude, I sold the first minute of the open, got 77.26 and was gone. I left for most of the day and was shocked when I saw how they had dumped SHAK down. Not many stocks gap up and then sell off 12 pts on real good earnings. But I am long BOJA for the last few days, it could be Son of SHAK.
CYBR has had a nice runup, now its basing like all stocks do. Nothing goes straight up, relax. Look at charts, tons of charts and you will see the pattern. We will trade sideways for a bit and then take off again. The CC last week was one of the best Ive ever heard, there is no downside to the business and future. It will happen, just chill.
I sold all my shares at 77.26 right into the opening surge. Left for the day and got home for the last 1.5 hours. I watched as a certain market maker just drove this lower and lower, brutal, there was no logical reason for it do dive the way it did. Not with all the buying, but he would not take it higher. Im sure he was filling a large order, and with such a small float no other way to do it. No worries, Im back in at end of day. I will ride it back up.
Im long SHAK 1500 shares avg cost of $61. This morning SHAK is going to rocket up on great earnings. Why? Because its the same situation as BOJA. Extremely small float and 38% of that float is shorted. Watch today as they scramble to cover and no shares are available, it will be an ol fashioned short squeeze. Im also long BOJA as of two days ago. Restaurant stocks are hot, and BOJA has even better earnings than SHAK. Give BOJA a couple months and it could triple also.
And you think somebody knew something because SHAK moved up 3 pts in that last 60-90 minutes? Do you realize the float is only about 6 million shares, maybe less? Such a small float stock always moves big when buyers/sellers increase. Do you realize that this stock is 38% shorted? So of that 6 million shares that trade, over 2 million are shorted. Im sure it was shorts stepping in to cover their short when they saw SHAK was not tanking. Those that did not cover are getting reamed today. I would not be surprised to see SHAK hit $80 today. Every short will want to buy, and the lack of shares will just push it higher and higher. Its going to be fun to watch.
Another #$%$ moron, I hope you short more....if you can get any shares at all tomorrow. Because all your other dumb #$%$ friends will be scrambling over each other to cover, they will be fighting for shares and SHAK could easily get to $80. Then its only gonna get worse, because people will be in an absolute panic. That's right, tomorrow is going to be an old fashioned short squeeze like I haven't seen in years. Because all the ingredients are here, super low float that is 35% shorted. Never short a stock like this, because your losses are unknown. If you go long at $10, the worst it can do is go to 0, your losses are known. But nobody knows how high SHAK will go tomorrow, or the next day etc. and you all want to get out but the shares just keep going higher, then you have to start chasing...God its gonna be great to watch tomorrow. I got in the game late, my avg cost is $61 but Im gonna laugh my #$%$ off tomorrow as I cash out a ton of profit.
All you idiots who ran your mouths, now youre frying on the grill. Tomorrow will see a huge gap up as you morons try to cover....but guess what....there aren't any shares to buy! Only 7 million shares in the float and 35% of it is shorted. Im lovin it, as they say at that other lesser burger place. Sizzle sizzle sizzle smell that? Good luck getting shares tomorrow....morons. Never short such a low float stock.
nobody left to buy huh? That's why it took off Friday and ran from $61.50 up to the close of $68. Only a fool would be short such a low float stock.
My home page is MSN and they always have those stories: ten best places to retire, ten ugliest celebrities, ten ways to lose weight etc etc etc. Well they had the ten best burger joints profiled, taken by a poll across the country. Shake Shack is number 1, Americas favorite and growing. In n Out was number 2. Five Guys, What a Burger and Fat Burger were somewhere in the middle of the pack. SHAK is booming, opening several more outlets in places like LA, Tokyo there is nothing but upside especially with a float of only 5 million shares.
And one third of those shares are shorted. I would not want to be short going into earnings. Friday was a remarkable comeback, at one point SHAK was down to 61.50 before roaring back to close at $68. That's a hell of a move, and more to come. I got more at just under $62 and holding baby.
Over 70 million accounts hacked last year. Lets see if this link works: http://www.msn.com/en-us/news/technology/70-million-americans-report-stolen-data/ar-BBjmboJ
No, I didn't know this until just now. If you type in ERES it says it changed to ERT. Apparantly then it went private. ERES did testing on new drugs, mostly cardio, and the FDA had mandated that they wanted all new data and tests done in electronic form instead of hand written. They were in the right place at the right time, for awhile they were the only game in town. They got all the business and the stock ran up and split 4 times in about 1.5 years.
it does make a difference, that's why the CEO of a leading medical stock sent every shareholder a letter asking us to do just that. ERES was the company, and it was under a short attack from a couple of brokerages. They kept pounding the price down every week. And yes the SEC does do something about naked shorting, at least to the little guys like us. As I noted, when I traded thru a small firm that catered to daytraders, our trades were cleared thru Merrill Lynch. We were naked shorting all the time and finally ML got fed up with it. We were warned that if we continued to do so our account would be frozen. Will registering your shares make a difference? It sure did with ERES and they had a bigger float than CYBR does.