Its six years since 2008.
That is the new normal, HFT and the rich will plunge a stock 90% to flush retail right before it takes off.
It happens again and again. Big short money can always get out of trouble with exponential blowoff then takedown maneuver.
Ukraines gold was physically shipped to the US because gold doesn't matter, shipping gold directly to the US via airplane is proof gold is basically interchangeable with paper and electronic digits. Just more cumbersome and bulky, hence, less desirable. The US would have much preferred transferring paper or electronic digits than gold, this is proof gold doesn't matter.
Are crazy swings over ... is OLED no longer a Cramer battleground stock ... is OLED no longer hated by CNBC ... Is buy buy buy right around the corner?
What a dumb move, CEOs are usually politically neutral and for good reason. Now comservatives are dumping their IPhones en masse in favor of Galaxies, it's all over conservative talk radio, what a disaster for Apple!
Most of the efficiency increase probably came from blue, so could blue lifetime improvement be deduced from this? It is interesting that 10% chunks of efficiency improvements are to be had with blue. Another one or two 10% chunks should do it.
Anyone notice that when OLED was an early development company with no little or product on the shelves, when earnings didn't matter as much and technological improvements, and they missed expectations by a few pennies, CNBC made big deal about it every 30 minutes, emphasizing every downgrade during the day ... but now that OLED is actually making money, and earnings matter, when OLED beats estimates CNBC clams up. Not a peep from them regarding earnings or on upgrades. Either everything is bassackwards at CNBC, or something nefarious is afoot. I choose the latter. They always emphasize the negative on OLED and never mention the positive. The day they say something positive is the day the foot is taken off OLEDs throat IMO.
As a PAAS shareholder since 2003 or so I never once gave up on PAAS and silver but dam the manipulators sure make things difficult if not impossible. Oh well I'm still sitting here at the big boy poker table never once folding once while FX banksters on the other hand are jumping from rooftops by the dozens so I must be doing something right.
Don't forget CNBC ... they are next to crack. CNBC was the third leg of the 3-legged manipulation triad, with a "never say anything good policy" about OLED for years.
I've held since 40 and sold all before the big drop because the chart looked bad. Quite honestly I was going to buy it back in a few days after a 5 or 10 percent drop but all sorts of bad news came out since then especially the cost overruns on the gorgon project and I don't think I want to buy back now. I'll probably be out for 6 months and let this all wash out before getting back in.
The market will tank until she capitulates, then the market will know where her breaking point is.
I can't muster the courage to rebuy my CVX shares sold at 120 until johnnyboy goes away. I now think CVX will see the 90s.
Chart looks like a head and shoulder breakdown to me. Sold all at 120 and will be looking to start adding here. Dragging feet due to being scared of a big market plunge Monday.
So obvious what the problem is, yet Apple does nothing about it.
OMEX always takes the winters off and employees still manage to get full pay, just like how teachers always take the summers and still get full pay. No one remembers why, its tradition. Just like no one knows why OMEX keeps asking OMEX shareholders for more and more, just like teachers, and never provides any return, no one knows why OMEX or taxpayer put up with it and still stick around but as long as they do its a good gig for OMEX and teachers.
Clearly all CNBC employees have been instructed and trained to never say anything positive about OLED. They have a perfect batting batting average in this regard, which would normally be considered impossible. That's why the first day they say something positive without qualifying it with a "but ..." will be a day to take notice, that will mean something changed in the Matrix.