"No matter what happens today, come Monday morning this will get slammed."
It will get slammed as soon as the Big Boy's who hired the Talking Heads to get the rube retailers to buy, have finished unloading...Or when they run out of rube retailers to unload on...But the later one will never happen in my lifetime.
Why wait in the store? They are giving free cyber cuts online. All You had to do is buy off the open and one of their CNBC affiliate stylists was more than happy to give you a trim...or if you are willing to wait a little longer they will be switching over to crew-cuts later this afternoon.
Pre-market was created to test the intelligence of the average investor.
Yes Kiddies that was not a horrible quarterly report...It was actually a very good one and you want to cancel that sell order and back up the truck and load the boat for your rocket ship ride to the moon right off the open from those few foolishly people that will giving up these juicy grossly under-priced shares to you.
And some have asked over the years as to what my inspiration was for creating this handle a decade ago.
I always get a kick out of the ignorance surrounding shorting.
People, it is no different then going long. Imagine if the pony races not only let you bet on what horse would come in 1st, 2nd and 3rd but also let you bet on the horse that would come in dead last...Would the methodology be any different?
You do your DD and you place your bets accordingly. If a stock has a high short percentage then it means nothing more than a lot of people have done their DD and have placed their bet that this horse will come in last.
Agree or disagree but it is not any more complicated than that.
They sell a handful of electric cars,lose a fortune doing it and have a market cap of $3B?
And you wonder why insiders are selling? I guess they are the only ones left that know how to value a company.
"ho braindead I wonder if you are one of these shorters/paidbashers mmmmmm...."
Yes, I am paid $1.35 an hour and I have a small cubicle in the boiler room next to the infamous master bashers Pitchfork and Scorpion. We are given the mind control tools to control all potential investors in Kodak and if a trade slips through we have the tools to cancel it from the Big Board so no one knows.
We do all this tree shaking to scare shares from the weak hands so our evil naked short selling hedge fund boss can accumulate shares on the cheap before the big run up.
Well it is either that or you guys just don't know what you are doing. You decide which one sounds more logical.
"The bashers are keeping this stock price depressed, but that will soon end."
Wow, posters on a Yahoo message board are that powerful?
Are you sure it is not the more plausible answer?...and that is that you underwater novice investor that needs someone to blame for your mistakes?
The chill is off so those 10's of billions of pieces of paper they have are free to be dumped. What you are seeing right now is what you lived through before. Get the pig fattened up for market, then take it to the slaughter house.
Wow that is great news for all that hold, huh?
You do know(?) the chill was to stop them from unloading billions of worthless paper back on the market after they reverse split their last dumping.
Boy, now that they can flood the market like the Hoover dam busting, you must be real happy. All your pumping has paid off...Congratulations, this worthless outfit is about to hosed you back to 0.0001.
"but face it, RIMM is dead money unless the BB-10 is a hit and with the job cuts and key people leaving, this company just can't get a break so with that being said this stock goes DOWN."
The big puzzle is, if Thor knew the BB10 would be out soon and he felt it was going to be a big success, he would not have cut his staff. Would you? Read between those lines. You do not cut your staff just before the launch of your so called game breaker product which of course is going to need all the sales staff he has got to fill those massive orders.
This isn't rocket science people. Thor is giving you a hint. It is up to you to be smart enough to pick up on it.
"RIMM is cutting the fat to become leaner"
RIM is cutting staff because the company is shrinking.
"Profits will go much higher with leaner stafif."
So I guess we should listen to you and forget Thor telling the world that Revenues and Earnings will be under pressure for the next 1 1/2 years?
If the market foolishly believes the layoffs are anything more than a testament to the deteriorating state of the company, then they are going to have their behinds screwed to the wall when the quarterly report comes out.
Professional independent institutional investor for the last 30 years.In my opinion this new half baked CEO trying to court the social fringe and a pricing policy that has now alienated their core shoppers is economic suicide.
If JCP continues to go down this road their story will only be told in history books along side other fallen greats.
"The after-market which will set the tone for tomorrow's opening (usually)"
No it does not. They try and tone down AH to keep the rubes from selling, therefore allowing their dumps to get a better price.
"It is my opinion that the "biggies" want a favorable market condition for the IPO of Facebook coming out this week and that may brunt some of the blow JCP will be taking"
So wasting millions trying to prop an underwear retailer will help Facebook? Wouldn't their money be better spent propping up Greece?
What ever that stuff is , it can not be legal.
Market cap presently over $7B with Shareholder Equity under $4B and it is bleeding big time money now and well into the foreseeable future?
Pretty safe bet she has a ways to drop.
IDO is a worthless paper pumping POS?...What a shock.
Hey Bleb, how much do you get paid to help defraud people of their hard earned money?
"I may be wrong but I think we are about to get a fantastic quarterly earnings report."
The only thing in your future in another divy cut. I can not say it will be this quarter but it has to be done this year. You can not pay out more than you pull in. It is simple survival math.
No one wants to talk about it? Maybe you are too busy making nonrefundable donations (Buying this worthless paper) to find the time.
Oh well as always they do not break out the 4th quarter from the annual report. I guess that way it sounds bigger. I did a quick check and I will give it to you. Are you ready for the great numbers that are causing you give this fine operation a value of over $6 million?
Revenues were $13,000 which means they sold 2 of these silly little metal detectors for the whole of the 4th quarter of 2011....But it gets better. They only burned through a trivial $1,700,000 to do it.
Keep on buying the paper boy's and girl's...You would not want to force these fine people to go out and get real jobs. It is so much nicer just living off of you. It has worked for the last 10 years, so why stop now?
Hhhhmmm...So IDO's new pump is "Forget the airports we are targeting metal detection for shoes in the prison system".... Ok, I am going to play Devils Advocate with you.
O'Bammy makes a nation wide address. As of tomorrow no one will enter our prison system with any undeclared metal. Prison officials scramble...What to do???
They come back with two options...
1) Buy a very basic metal detector just for the tootsies from a useless scam company for $7,000 and hope and pray that the smugglers will be kind enough to only put their contraband in their socks ...or...
2) Buy a stated of the art 3 dimensional, 33 zone comprehensive head to toe scanner (did I say toe?) from a world renowned security certified metal detection professional for about $2,000 less than that useless basic tootsie scanner.
Tough one Pumper...get back to us on that one