part of high profit comes from tax loss carry forward, low or little tax on current profit. once tax kicks back in profit will be shaved somewhat. also once oil goes up profit shaved some more. but this stock certainly deserves to be trading higher and probably will before end of the summer. this stock is sensitive to selling pressure and can dive or go up in no time.
I think dbank was a signal for the hedges and shorts. when dust settles this goes up fast.
oil should stay below or at 50 per bbl. that will continue to generate enormous profits for some time to come, even if prasm is off a little bit.
any news can swing it up or down big. it is a traders haven. long term i thing its a good buy.
this thing has got to improve in the intermediate future. buyers here will probably be rewarded.
hope the future becomes a little brighter
and results will improv
sheep need a shepherd. today the shepherd is deutsch bank.
this rotation could bring new highs. hope not too many shorts. I don't like to see others loose money.
will propel ual to new highs this year. dow theory says the transportation index leads the rest of stocks on the way up when they rise, and the way down when they fall. transports are going up now.
that is good news.
(double the pleasure double the fun)
steady as she goes.