you mean this?
Shorts covering = buying to cover which should add buying pressure and not lead to a decline. Buying pressure usually influences a stock to go up.
Now, I'm not going to say in some circumstances (pro) shorts don't cover shares on drops (as stops get taken out etc.), but by and large, buying of short sellers closing out positions, especially en masse in stocks with short interest numbers like were talking about with ACI, will add to buying pressure on rises, possibly pushing them further than normal...will we see a true short squeeze? It's possible...but more likely we'll just see a sizeable up move, partially powered by shorts, that may even serve to reverse the current downtrend imo.
Well, it seems to be a pro/con debate from two specific "authors" going back and forth on different sides of the argument. One guy is bullish and one guy is bearish on coal...so net net, the SA content is neutral?
Personally, I'm going to go ahead and take the ooposite view of the guy who wrote the article "Apple Likely to Miss Earnings Estimates" just before they blew them out. Which means I'm more in line with that guy Mark Anthony's pro-coal stock view.
Hence the transitionary period the exiting CFO has been contracted for? That could mean an announcement would be imminent. Who knows though, just speculation.
If you look at the daily interval chart, there was a very well defined and very strong pennant pattern that formed between the beginning of March and April 5th. It caught my eye and I bought calls yesterday and today because of it. I'm not sure what other facotrs came into play, but I'm pretty sure a textbook breakout from the pennant got a lot of technical analysis trading types into it.
I'm all out right now,,resistance at $40 from the early November highs, but 45 is a possibility if that is overtaken,,,all just my opinion.
Oh, ok. Yes, I've seen that before when a company takes over a shell. That explains it.
It's also not that uncommon to see delayed filings. Lots of these otc/bb stocks seem to get them done late.
I guess we can expect to see a new filing soon with the new company's revenues etc. That could be a catalyst. Interesting.
Why does he 10k speak of minerals exploration company with no revenue etc. yet the press releases talk of a wind turbine company with tens of millions of revenues for 2009 with the promise of a lot more in 2010?
Yeah now that dividends are apparently coming from earnings, what say you, all the ponzi scheme theorists? Kind of shoots down that premise imo.
I think they've been rescheduling for a while as the case comes together. Isn't there a date in June for the trial to finally proceed?
Why don't you guys make money on the long side too? It's not like the stock only goes in one direction. You sound too biased on the short side to be smart enough to do this. Oh well, carry on then.
I think that some companies reducing or eliminating matching on 401ks is just evident of the deep recessionary trough we're in. Companies are looking to cut costs everywhere. In my opinion, it's limited and temporary and it's impact may be marginal at best and don't think it stops a market that wants to go up, and I hardly see how it impact SIGM any more directly that any other stock.
GERN can bring in revenue from licensing their intellectual property portfolio as well as methods and materials for certain tests and processes critical to working in the stem cell realm. With the lifting of this ban, numerous companies and institutions will now be able to do research and experiments, some of which are likely to utilize/impose upon Geron's property in one way or another, which, of course, means $$$ for Geron. Geron is a leader in the field.
What's good for the stem cell industry overall is good for Geron imo.
Indeed these strategies are powerful moneymakers, but you more or less have to be an experienced trader to execute on it. This isn't advice for the average joe or rookie, who could easily get whipsawed and chopped up for sizeable losses. I'm sure you will make bank though, as you are obviously a more experienced trader. Good luck!
With their massive order backlog, huge operational cashflow, reduction of leverage, cost cutting and cash position I don't see how the dividend is at risk jmho.
Whole lotta of tree shakin goin on! Just gotta use the opportunity imo. Let the big boys do the dirty work for ya!
GE isn't a bank. Look at the cash flow and earnings from actual "banks" versus GE. Some may believe or want to promote the idea that GE is a bank full of toxic assets, but it's just not. I think taking advantage of that misperception here will pay in time.
"GE sells bonds and then takes that money and lends it to customers to buy their overpriced products.....
it is a recipe for disaster...and disaster is what is on the menu."
To what extent are their customers defaulting on their financed payments for GE's products? How much of overall sales are paid for via GE financing? How much money does GE make historically on the financing of purchases of its own products?