Its very frustrating that these Inverse funds and notes to play volatility are being manipulated to a realm of insolvency. SEC should make these guys have investors sign a waiver of danger agreement to show what these investments real chances for profit really is. I trade TVIX, but it scares me because I know its so manipulated. TVIX is just one notch up from playing the lottery!!!
I guess we will see tomorrow...I hope you are right, otherwise the shorts are going to load up even more.
Given the current news, would you be "Long" or "Short"? Everyone knows Wall Street is brutal when you miss, even if the miss was still good. You always go with momentum and Wall Street's momentum starts with the letter "S".
They are not selling...They are selling "Short" which is worse.
When it dropped 30% last earnings, it made me wonder if there are problems not being reported. PES has lost over 50% of its stock value in less than 6 months with no reports of any major anomalies. when you compare them with other driller services companies, there stock value has dropped the most and Schwab still has them as an "A" rated stock.
Very dedicated longs, so only the big boys know the answer to that. It may go up today a bit, but in the short term its probably going to continue "South".
They will get in at 30X and get out at 15-20X. Meanwhile they will build there positions as longs continue to buy, the gap and you know why?...Because paid analysts post numbers like $1500. AND its legal to do so.
You have 3 analysts with a "Strong Buy" and 2 with a "Strong Sell". Why isn't basic economics and stocks fundamentals the relative answer here. How can these analysts have such a gap in what they are seeing? Where did they learn basic economics and real math? The only issue that is logical is that some appear to be intentionally recording incorrect information. Why is this tolerated by the SEC? Is it hard to prove? It would be no different than someone saying that AAPL will be bankrupt on Friday, which we all know would be preposterous. So why is our legal oversight institutions letting analysts continue to do these types of things which has negative implications for everyday investor.
It beat on TOP and BOTTOM lines. FANTASTC QUARTER!!! Not sure what you are looking at. Future Cap funds and subtracting that from gain? Sounds like what a typical "Short" would do. Better cover!!!