If you are long RIG (BTU?) make sure that all your shares are for sale, Say $45. That way the shorts can't borrow them.
It's like taking them out of the float that the shorts need to cover. Good luck covering shorts.
My Reply:interesting. this would put a higher premium on shares available to short thus making it more expensive for Shorts and reducing the shorted shares.
Kwilet750: Just make sure any shares you purchase are for sale long term at a high price, That will take them out of the float of shares the shorts need to cover. I started buying (RIG) and will keep buying some on the dips, but I to am waiting to buy the Big chunk on the dividend cut news that's why I don't think there will be a big drop like everyone thinks there will be.
P.S I just put in a $45 GTC sell order on my shares. Its good for 90 days. Than I'll do it again.
also, the lower the share count available to short the higher the premiums the brokers charge to short. so the shorts take a big pounding from the brokers as well. i'm still amazed by the number of people shorting stocks that aren't the funds and institutions off setting there long positions but the little guys with there necks hanging out.
interesting. this would put a higher premium on shares available to short thus making it more expensive to short and reducing the shorted shares.
i kid you not. because beef cattle use up too much irrigation water, nitrogen, energy to raise and plants compared just eating your vegetables. the new guidelines are to eliminated beef including hamburger. who's next for these new laws? your local grocery store? we'll all soon be saying WHERE'S THE BEEF? The Cattlemans Assc. is really boiling over this.
I think it means the sellers are all but gone here and we'll be moving in a tight range ($7-8) sideways till the Qtr at the end of January. Than a very slow but steady rise to resistance.
yeah btu has a debt to cap of 80%, not exactly a pristine balance sheet but the debt isn't breaking the company and the dividend of 4% appears intact and still beats 30 year bonds. this is a company to double down here if your still holding shares with big draw downs say from the +$30's. BTW yes, hedge and other funds do indeed double down on big share draw downs, its how they stay in business.
a coal recovery will happen starting in 2015. I'll say the BTU pps this time next year will be over $20. Buy now for a 3 BAGGER.
simple: fb pays ghost sites with developed software to produce millions of clicks on fb's ads and the sucker advertisers fall for it when fb reports how effective there (fb) ads are
lots of red ink left to spill here
in potential costs. One less roadblock to overcome in BTU's revival and return to the 70's price level.
wisconsin utilities have imposed a "base load" charge raising electricity rates 60% in some cases because of people installing solar panels for there sunshine needs. wait till the feds outlaw coal completely. than what?
cramer's a mouthpiece for the hedge and pe funds. he's a good contrarian indicator i.e. do the opposite. the fast money crew is another joke out to rape the retail investor like cramer. cnbc will do whatever it takes to protect the east coast money mongers including the money center banks. make up your own mind if you watch or listen to cnbc/bloomberg/fox biz do it by disbelieving most of what you see and hear. CERTAINLY don't act on it.
i wouldn't hold btu short coming into the next quarter. unlimited risk when the stock moves up for the shorts and there's not much left in the short trade here to the downside $1 or $2 max. only a fool would hold btu short here.
shorts have likely stop shorting here because the upside risk out weighs the downside by a large margin and this stock will not go to zero from here so shorting you may only get $1 or $2 per share. not worth the risk. so holding long is the play here.
look up graham, buy and hold
even with $55 oil and off 4% today