She laughs at other shorts who shorted too early. She joins them. Always.
This stock is rigged!
No one is buying, so those who manipulate this stock must keep raising the price until they start getting bites. That is all.
He'll never throw in the towel.
His broker will pull the plug.
Sybil, you're one of those who short too early, only to lose money several days later. Are you laughing at yourself? Is this some kind of therapy?
But amazingly, Sybil and techstrategy claim they do well on days like this.
They're masters of trading!
I'm not holding any calls. I haven't been able to decide to go long this week. I'm all cash.
At least I haven't been foolish enough to buy puts, though.
You're trapped, shorts. Don't think. Just get out.
Prices of AMZN and GLD on October 26, 2012 and November 2, 2015:
Oct 26, 2012 228.60 238.71 226.69 238.24 11,367,500 238.24
Nov 2, 2015 close: $628.35
Oct 26, 2012 166.23 166.60 165.77 165.93 6,441,300 165.93
Nov 2, 2015 close: $108.60
If you had $10,000 in AMZN shares and listened to techstrategy and sold your AMZN shares and bought GLD on October 26, 2012 [the day of techstrategy's post above], you would have $6,545 in GLD shares today, November 2, 2015.
If you did nothing (ignored techstrategy's advice and didn't sell your AMZN shares), you would have $26,375 in AMZN shares today, November 2, 2015.
Which would you rather have today, $26,375 or $6,545?
Techstrategy's post on October 26, 2012:
Actually, when PJ earlier wrote he now hates Amazon, I thought same thing. The way we change the system is to vote your values with your wallets. If the stock manipulation has hurt you, don't buy anything from Amazon. More importantly, encourage anyone you know that might be long Amazon to sell the stock while the scam is alive. Let others hold the risk. Let's have retail get out at the top for a change. If you really feel that way, write an email and send to your friends and family. Explain to them what happened today and make sure they understand that the markets have become a game of simply trying to prey upon people rather than actually allocating capital to productive uses (else Apple would have gone up and Amazon down). Encourage them to pass it along...
If people are smart, they will aggressively pull capital from the market. Invest locally in people and businesses you know and trust. Invest in physical assets that cannot be controlled and manipulated by co-located servers having a structural information advantage over you.
I hope all of those that were hurt by this move (long or short) literally take the time to educate those around you. The markets have ceased to provide any value. The only times that the stock market truly creates value is with financings (IPOs, secondary offerings, acquisitions). The rest is simply redistribution from the general investing public to those that have rigged the game. You are much better off putting your money into local physical assets and gold for that matter (and yes, the physical kind that you control and that the HFT bots cannot take from you in a stop loss sweep).
The point is this. Markets respond to signals. When the institutions see people pulling funds aggressively, they will get the message and probably not before then...
He's been saying the same thing he's saying today (sell fraudulent stocks such as AMZN and buy gold) for over three (3) years.
$112.02 or better.
It's no use. This stock is rigged to the cored, just like AMZN.
Shorts are stupid. Trading this stock or its derivatives as if this is a fair game.
And techstrategy does all this posting, while he manages a number of start-up companies that he helped get financing for. (According to his claims.)