I never understood why on a day like this, when DOW is breaking record highs, a staple stock like AKS fails to participate. Breaking 17K, and AKS is flat. We should be at $10 right now.
I have been in this stock for years and at $8.40, you bet I'm selling! I got so bored with the lack of action that I took this off my watchlist and placed an alert. Once it crossed $8, I've been taking some off the table. Not everything, but I am taking profits while the getting is good. Steelshmiel is correct though, these market makers cannot be trusted. I've been whipsawed by market makers so often that it's become abundantly clear to me that they have been trying to shake out those who got in at $3. They have a bad habit of dropping this stock, and if they do, I won't have any regrets having sold into this rally. My PT is $15 on my HOLD shares. But I'm working my TRADE shares on this rally! Still waiting for ultralume to hit the mainstream. It's off to the races when that happens! GLTA!
Thanks, but you should really be thanking your CEO. Victor Koo and his team want to run a shareholder-friendly company, and if you hold your shares, he will make you happier than you are today.
Unlike many Chinese CEOs of Chinese companies, Victor Koo actually loves his company. Youku is his baby! You can see his pride, and he is genuinely embarrassed when YOKU share price is depressed. A CEO like that will not allow his stock to be undervalued for too long. Not only does he want to save face, as is very important in China, but he wants to materialize his true ambition, and that is to make Youku #1 in the world. And Victor Koo is the type of man who can do it.
Ever since the IPO, Goldman Sachs has loved Youku. You just gotta buy the pullbacks...ANY pullback. You know you're buying with the big boys when you do.
CEO Koo has something up his sleeve. It's so obvious! I am buying on dips and spikes today. Anything under $19 is screaming buy. No selling for me! I'm holding for 30's at least.
You could, but wait until the last 15 minutes of trading to see if MM give you a lower entry point. Since the unaudited report was announced 2+ hours ago, a mere 5000 shares or so have been traded. Get ready to buy tomorrow.
Sentiment: Strong Buy
Stock should be soaring right now, but the Wall Street cons have other plans. Looks like they are going to use Friday to scare weak hands into selling before letting this stock appreciate. If MM manipulate YOKU to 19 or 18 or less, then you should buy first, ask questions later.
The next quarter guidance is even better! There are too many good things going for Youku Tudou, let alone Alibaba's stake. This is clearly a company to hold for the long term.
Sentiment: Strong Buy
The Venetian. It was a fantasy bet that came true. Very rare occurrence. I am already making plans to visit Vegas before it gets too hot over there.
They were short on dealers at our caraps table so pit boss announced last shooter before they close our table. I threw a $100 chip on the Hi Lo, and the shooter hit aces. I parlayed that, and the damm-angel-of-a-shooter hits aces again! $45,000 in less than 2 minutes. Nice night in Vegas, still celebrating that.
I would enjoy it more if my predictions came true! Anyway I have personal formulas devised and my charts show a spurt. In retrospect I was wrong. I suppose you can say I was being greedy and those behind the price action are well aware of my positions. Anyway a profit is a profit, and I'm glad to create support. Had a fantasy come true in Vegas last weekend and that weakened my death grip on much higher price target. Luck elsewhere really does put a perspective on things.
Okay, my prediction was wrong. But the action does indicate that something big is going to happen. Either we jump up a buck or two or (sorry to say this) we drop a buck or two. At this point, I have no faith in this market. I sold several thousand shares and took profits on my $3 positions. IMHO, Wall Street is just too corrupt now, I just don't trust the MM behind AKS. If it goes up, kudos to the rest of you. If it goes down, then I'll have the opportunity to buy those back. GLTA
It's long overdue that AKS announce surprise beat both on top and bottom, plus (and that be a very big PLUS) AK Steel has Ultralume. A pop is going to happen this year, just can't say when. I'm just simply flabbergasted that this is not in mainstream news! But it's very likely AKS gets into the teens before CNBC and the like start ranting and raving about AKS.