I am not short-never shorted any shares of any stock. Just stating the facts. I have owned S in the past and always watch for a good entry but they just shot themselves in the foot today.
gets shares for half of what she sells them for. Look at insider trading and see; she doesn't care that YHOO is going up. She doubles her money on options every month. How much money can she rack up in such a short time? Even if she gets fired it's all good for her and all the other 1%ers. I own but am not going to get greedy when the Sept. BABA IPO runs the price up. I have seen too many fall back off.
Excuse me; how insane is that post? S is worth $5.38 max with the negative EPS. Don't know how they are going to get themselves out of this one lowering their revenue with cost cuts to the consumer. They are only matching what is already out there. Who is going to switch only to get the same pricing? No one. They need to grow not just sit stagnant. We have not seen the bottom yet.
It's a scam and always has been. The hype was so the insiders could get out and make a killing leaving nothing but bagholders.
Do you see the EPS is negative (-1.00). That is supposed to be on the plus side. If it is negative that means they are still bleeding money. This stock is a player only and that's how I trade it. Buy on the dips and sell on the upticks.
is negative on this stock? That means they are bleeding money and now they are lowering their prices? NEVER buy a stock with a negative EPS. It's supposed to be on the plus side; the higher the less risk. Anyone do the math on this? Who owns this thing? I am curious as to why.
1 for 4. It was close to $14.00 a share after the split. It now is $9.25 (times that by four) at todays current share price. This is a total loser and a scam. 52 week low and as far back as Dec. was being trumped to buy. Lost five bucks a share and still going down. Stay away as long as interest rates are still at historic lows. Watch the 10 year. When it starts rising SQQQ might trend up but the 10 yr. is down again today.
I think we will see $84.00 again and I will buy. Farming is not the only thing DE offers. Their other equipment line in construction equipment will hold them steady.
62 million shares are short; that's what's happening plus a downgrade to $4.00. When $4.00 hits there will be plenty of buyers coming in.
They now have debt. They should not have paid out that one time extra dividend and saved it for times like this when retail is tanking. Always have a reserve for a down turn in the economy whether it's personal or business. Management was too interested in paying themselves first instead of shareholder value.
This company is still not making a profit but getting closer. I would not sell yet; wait until the next earnings report. If it is better than this last one this stock will hold steady and continue up. Most of the hype is a total scam so be careful not to invest too heavily until they start making a profit.