valuation come from?
I totally agree bolman. My guess is, there's not enough shares to day-trade the stock which causes these huge moves.
for the last week will continue this week. Look for 50 tomorrow. Maybe 60.....LOL
realize shorts are more important then the longs when it comes to push a stock up.
What worries me most is what happens if fund managers and institutional investors stop propping up the share price at 2.71-3.25?
With its business model falling apart, SunEdison needs a savior to finance both projects and its future operations. But that's not going to come from hedge funds that are abandoning the company or yieldcos that now have such high yields that they can't buy projects.
The next thing to look at is debt maturities, which could cause the company's bankruptcy. SunEdison's $410 million margin loan that matures on Jan. 29, 2017 will be the first major date to look at. The company could probably make it through 2016 if it doesn't burn too much cash (which is possible) but it will have a hard time refinancing debt if today's market conditions continue.
Unless there's a huge turnaround in SunEdison's stock price and a reduction in debt, I don't see how the company can survive long term.
They will be a lot of fund managers and institutional investors "Adjusting " and moving out of WFM based on deteriorating fundamentals so we could see a bit of a drop in the nest month or two.
Short 1000 shares tomorrow and thank me after they miss earnings. This will drop 5-10 points on a big miss. Take that to the bank. Cover after hours and lock in gains. Don't get greedy....
towards what they told shareholders in recent press. That said, current press points towards major problems with accounting irregularities pure and simple. I don't care who owns the stock or how much they own. If the numbers used to invest in the stock are not accurate the valuation of the company is in question.
This stock defies all logic. I shorted TSLA at 68 covered at 80 for a nice loss, then came back and shorted again at 92 and covered again at 99 racking up another ugly loss. Went long at 106 and still hold this POS. When TSLA runs out of steam ( Like GPRO ) I'll lock in gains and ride it down 30 bucks. This stock makes no sense what-so-ever.
Sentiment: Strong Buy
I believe lower oil prices are here to stay, but could settle in the $60-$80 range.
Chinese love Apple products and services. Chinese know it's a sign of prosperity and success. And it's the best phone on the market.
Apple had great numbers in China.
Reminds me of what they said in the movie Trading Places when they said you would let an African American run our firm? It wasn't quite that nice though. Buy on weakness at the open