Itching to take a profit? The stock certainly appears extended with the big run this week; however, I would suggest you go to stockchartsdotcom and look at all the various technicl indicators(I did so last night). Many of the best technical indicators are showing that the stock has just become a 'buy', and NOT a sell - this is very interesting in that technical indicators usually flash a buy signal when the stock has been hit hard and is beginning to trend up. But in this case they are flashing a buy signal only now, AFTER the runup from the lows early last week. My opinion is that the stock is on the verge of a powerful move higher to what price I don't know, but I would not sell.
from 42% to 55+% in three months is very unusual. the shorts, many of whom are amateurs, are about to get badly burned.
with institutions accumulating a very large position, at this price the institutions are watching to see how far they are willing to push it down, then they will step in and push it right back up.
zat may well be true - the shorts have no choice but to short it, otherwise it will get away from them
I don't know about a sqeeze today, BUT, the action is excellent so far today. The buyers are there, but few shares are being sold. The institutional boys will only be able to get stock in size by moving the bid higher, which I have no doubt they will, and sooner rather than later. The shorts are no doubt very nervous here, with the stock at a crossroads, being in a position to surge higher on a whim.
how high do we go in November?
Will ZNGA follow it up today? We'll know at 4PM
over 80% of trading on the nasdaq is done by computer programs, and many - if not most - programs attempt to take advantage of a move of even a few pennies to lock in a short or long profit. These programs do no research, but rather use sophisticated mathematical models to trade stocks, which is why you often see what appears to be mindless selling (and buying) of zynga shares. My point is that the trading does NOT take into account research such as the RMG potential unearthed by a few posters to this board, among others. The trading lunacy we observe every day will not be interrupted until someone recognizes the RMG potential, and places buy orders for the stock, rather than continue this mindless up-and-down movement in the stock, which can discourage investors (A few days ago, I noticed a poster to this board announce he had had enough of the fluctuations in the stock, and wouldn't touch it again). Those who attempt to capture a profit of a few pennies by actively trading the stock, may be sorry indeed if they are on the wrong side when RMG news hits the wires.
is usefull, 95% is pumpers, bashers, idiots, etc.
about 5% OF WHAT IS POSTED ON THIS BOARD
you can confirm it by changing the DNS server on your computer to one located in jersey
there are a few people on this board who are capable of doing some detective work, which can lead to useful knowledge for investors in the stock. I read you sold out - you may miss one healuve move if you aren't in it when the RMG news hits.
i agree, and i agree with Grab's comments herein. It is just a matter of perhaps days until we get a RMG announcement for Jersey &/or Europe via FB. D Mattrick could have been more forthcoming in terms of diclosure of their continued interest in RMG - but NOT in terms of obtaining a direct license, which apparently is not needed. I don't understand DM's paranoia over the need for "not disclosing anything which might be of use to competitors"
34.5M shs short is the 2nd HIGHEST level of short interest this year. The shorts were betting on a bad earnings report and CC, and boy were they on the wrong side! With Friday's late pullback, look for major institutional BUYING and Recommendations this week!