Where are all shorties gone? The ones who know how Wall Street functions, I have sold half of my position today at 75.5, and will hold the rest as I don't like the gap which might be closed soon, so be it, money to the bank.
Thank you shorties
You are right about the new issued shares, but we have volume over 22M today and over 10M per day the past two weeks! meaning if this is only dilution, it should be over long time ago! there must be something else with this scam that we don't know about!
I can't see any reasons for the drop for three weeks in a row, giving 20%-30% per day! I admit that i was wrong putting money into this scam, I'm down 17K! and it doesn't look good at all!
NewLead Holdings Ltd. is an international, vertically integrated shipping, logistics and commodity company. NewLead owns two dry bulk Panamax vessels and manages three third party tanker vessels, two small bitumen tanker vessels and one Handysize MR product tanker. The Company expects to take delivery of three modern eco-type dry bulk Handysize vessels, one of which is newbuilding, between May and August 2014. The Company has also signed a term sheet for 75% debt financing to acquire two dry bulk Panamax vessels. Upon completion of the above acquisitions and together with the vessels under management. NewLead is expected to have a fleet of ten vessels, seven owned and three vessels under management. Furthermore, the Company owns a wash plant and a mine in Kentucky, USA and has been granted access to develop and mine one more mine, that includes a CSX rail load facility, the Andy Rail Terminal, in Kentucky, USA. NewLead's common shares are traded under the symbol "NEWL" on the NASDAQ Global Select Market. To learn more about NewLead Holdings Ltd
I've been watching for an entry point and i suggested to buy the dip earlier, but after watching this one dropping so fast (at least 15% per day) makes me think again whether to take the loss and move or wait for the trend to form.
The good news is the down trend is broken and the uptrend still waiting for the confirmation to proceed accordingly. There must be some news coming out soon about new contracts and the delivery of the new vessel in July which is not that far.
Hopefully, we will get the uptrend confirmation throughout next week otherwise if it continues to penny land, it is going to be very difficult to lift again.
I have started reading about NEWL and digging into its history. Looks like it is having an inflection point and the bearish trend is over. NEWL is entering the bullish territory establishing a new up trend which requires a confirmation to enter if you didn't buy this one below $3.
By looking at the chart, it looks like shorts are covering as they are expecting NEWL to move higher, especially by looking at the daily and weekly chart.
well i hope i'm not exaggerating but this might go higher than $10 in the short term and maybe $50 in the long run, of course depending on some news about new contract signing and all.
In July, the second ship will be ready so i expect a nice uptrend in place, this stock has legs, so watch when it is oversold/overbough and decide accordingly your entry/exit points but i advice you to always leave something on the table if you have shares bought in the penny levels.
Buy the dips here and wait for more news to follow about contracts.
what is the date of the press release? i couldn't find such PR under SIFY nor AKAM?
As expected, and this is just the start. I think FDA approval in the work and maybe a buyout as well. I sold half of my position today and will hold the rest. If it ever dips, i will be averaging up this gold mine.
good luck to all
I think today was the day for the shorts to cover, i have small position bought at $52.8 and i wasn't expected to be filled. 1000 shares @ 52.80, stop loss at 52.50.
Good luck to everyone.
I am in 5K @$3.00, it drops i will be buying another 5K to establish a long term position. Moody's just upgraded this and S&P upgraded just yesterday. Also, new offering was just done at $3.5; so give it sometimes and it will be at +$4.
it is obvious that you are short here, that's why you are in here 24/7 and YELP website bashing the company. Small business hate this? that's funny, small businesses always hate large and successful businesses, nothing new here, and who cares if they like it or hate it.
In today's world, you need to be well connected to the right large businesses to make the story successful.
You want a piece of advice, start covering your position because your assumptions have no basis.
On the other hand, market fundamentals are good so far, but geopolitical matters increasing the market volatility that's the stock is up and down.
PS, i bet you shorted at $100 ;)
As if you are in the know how W.S. functions, you are someone who is short in the stock dude and wish this stock to go to $30. Good luck to that, as a Buyout will burn you here as you never know when and how it will happen.
I don't have a position here, and i am looking for an entry, just waiting for the right indication to jump in.
Many shorts are posting here, that's called Panic, especially after three upgrades for the stock and the buyout speculation, Yahoo is going to buy snapchat according to NBTC, and i think M&A is in place here too.
Yelp is down 50% already and by looking at the chart, it looks like bottom to me.
so give us the detailed calculation you smart man, go ahead i am all ears to hear it. Don't tell me you don't have the time for it because it looks like that you have done your homework :)
Yeah, and if FDA is approved, the sky is the limit. I don't think you are looking at this from different angle, just one angle shortie :)