sell rating on any news.
More dilution on a severely indebted company with no prospects of ever paying that debt back is like throwing your money into a bottomless pit. Take off your rosy colored glasses. This is reality!
I lived through a RS before and I feel for the longs who have held this all the way down. Been there, done that, and had enough left to buy a t-shirt. My condolences.
When this does move it will move in big chunks initially with any volume but, the sad fact is, most of your long positions have been too eroded to return your investment. If you have dry powder, now would be the time to put it to work if you still believe in HQCL. However,the yuan devaluation has further postponed a reversal to the upside for indebted Chinese solars IMHO.
Right now Cash is King!
Live to fight another day!
Just some friendly unsolicited advice from your Uncle Larry. FWIW
Those writing these recommendations are paid by the deep pockets to say what they are paid to say to separate you from your money. They say buy so they can sell to you, and say sell so they can buy from you. You're playing poker with the guy who can see everyone's cards and the sooner you realize that the better off you'll be. The game is rigged so you don't fight the current or you'll drown. You need to go with the flow and profit from the hype and the FUD just like the deep-pocketed well-heeled brokerages that control the game. Falling in love with a stock will make you poor waiting for your ship, which is underwater already, to come back in to port. You'd be better off cutting your losses and finding a new ship-shape ship that's already in port waiting for you to come aboard. Go with the herd of be run over going against it.
Just some friendly advice from you're Uncle Larry.
The Summer doledrums are here! Hot August nights with everyone sweating it out. Maybe "Sell in August and go away" is the strategy for 2015? Place your bets on this roulette wheel.
Declines are not done with Energy ETF's @ 52-week lows! Prepare yourselves for the intra-day reversal. Timing is everything!
made to "squeal like a pig" by a toothless mountain main in the 1972 classic film "Deliverance" starring Burt Reynolds.
weeeeeeeee weeeeeeeeeeeeeeeee weeeeeeeeeeeeeeee weeeeeeeeee
Many of you are stuck in this trade and I can empathize! Let the trend be your friend.
However, U.S. oil futures closed below the psychologically important $50 level—possibly signaling more declines to come and a retest of the March lows. West Texas Intermediate settled down $1.67 at $49.19 per barrel, the first close below $50 since April 2. U.S. government data Wednesday showed a bearish increase in crude inventories last week of 2.5 million barrels, slightly more than expected. The stronger dollar was also a negative.
Some strategists say the latest move down could be setting oil up for a run at the March low, just above $42 per barrel. But crude could also temporarily stay trapped in a range on both sides of $50, suspended by the pull of heavy refining demand and the pressure from increased supply from Saudi Arabia and Iraq.
"We are in correction mode, and it's a bear market officially. There may be some short covering ... but it looks like another move lower is at hand, and the March lows are very much in focus," said John Kilduff, partner at Again Capital.
Sentiment: Strong Sell
BTW, I would like to advise you that you meant to write "advice" not "advise" in your response which confirms the advice I received from Ron White, the comedian, who said "You can't fix stupid". You fit that profile unequivocally. Thank you for your contribution as I am now flush with YOUR cash!