Split adjusted only 8 million shares traded with an hour to go. Two earning ago it was 100 million. The pros are just waiting for kids using daddies money to buy shares at these levels and them dump on them.
The hot money will be gone in 2 days. Good shorting opportunity down to 100 arises. The #$%$ who trade with daddies money will try to end with a gain here.
25 year old kids who watch Neflex are working for funds playing around with conservative retire monies. The only explanation I have.
This subscriber metric is BS for NFLX. Bottom line you are paying for a PE of 400, makes less money than last year at 2x the price.
Needs to digest gains and test the 50 day MA. Buying ahead of a stock split ad pushing it up is a pump and
dump operation by traders. Then they need to sell after the split.
Just cause oil went down $8 a barrel in the last 2 weeks the final buyout price wouldn't change much. Still think stock is worth $7-$8 share in a buyout even with debt.
PVA is the 10th largest Eagleford producer.Since I believe several Eagleford producers wlll be taken out; mostly likely those between #6-#10. PVA, with it's drilling prospect seems to be a good bet at these levels.