Nothing like a networked system that knows everything about everyone, and is great at making you comply.
Why these guys just keep buying into a system that makes no profits, is beyond me.
Nobody should be playing with this here. We are going to see a huge 10 to 15% drop in just a few days.
Sales are dead at BBY, especially TV's. Companies are laying off workers in the TV industry. Can you imagine why? Lack of sales.
All common sense is gone from this market. Pumping up for all the wrong reasons.
Proves what happens when people do not pay attention to any profits. Just buying because the money is sitting around in some fund.
You guys are buying into a lemon. This POS will NOT make profits. Just a nice manipulation trade is all that we have here. Going to burn next week. Down 10% for sure.
Yeah, you could say that. But double negative is a positive to a computer, so they will just buy. However you want to say it.
Computers that just keep buying for no reason. No profits with Amazon, but hey, let's just keep buying because some decade, they actually HAVE to make a dollar of profit. This makes you wonder where the real value is. All in a computers mind, to just keep buying shares.
Biggest issue with computers, is that they just keep buying here, without disregard to price. It is just another number to these machines. They just look for the lower price that appears, and buys those shares, and the price goes up. Repeat, rinse, and repeat. Major issues when these guys are doing this hundreds of times in a minute, and everyone is doing it. Computers make mistakes, and the system can collapse. Just surprised that these people in charge have no respect for their duties or the money they are in charge of.
You are sadly mistaken. There are so many analysts now getting their firms to buy shares. Soon they will have all they need, and then Upgrade JCP to a BUY or more. This is how they work the system.
Just look at BBY as to how it is done.
Nobody in their right mind would buy immediately from Best Buy, unless absolutely necessary.
Maybe those in the old mindset of buying what they feel, is how they get some sales.
There are so many other choices and the profits will not be with Best Buy.
Unbelievable selling for many days and now goes up. Complete BS system.
Someone is getting rich from options with these swings. wonder who got screweredseddd???
These guys are just going to accumulate along the way. Not overbuying, not underbuying. Just slowly.
Going to make their funds real rich come next year. Everyone loves a winner.
NUGT is a total SCAM. All that will do over the long run, is go down, and people will lose their money. Even after reverse splitting, it keeps going down. Why? Because it is designed to not make money. Sure, it can pop up here and again, but this fund is a total scam.
Thought for sure, these manipulators would play their game of squeezing the shorts.
Where you are POS people???
I think these guys will start a nice buying spree early this morning. I'm sure they will pump it back to 150, in order to get some of those options made. Not that I like Tesla, but this is what these manipulators do.