Will not happen. It may rally from (Going to) $45 back to $55-$60, but that's it UNLESS earnings is a massive blowout and they have plans that will convince analysts and consumers it will continue near the same margins or BETTER.
These guys make some really bad trades, yet they always talk like they are doing great. Pony tail looks at future call options as a key. Everyone knows that these guys will always buy these future Calls while currently shorting the shock. If these calls are not in the same month they are basically worthless. They make a ton shorting it, then eventually sell those calls with the profits.
It just will not happen until that earnings report. Guidance going forward is everything!!!
What's funny about it?...That's all they talk about. The only reason it doesn't trade in the 20's or 30's is because there earnings will be spectacular, BUT they need to see more of the future on what they will do to keep the BUZZ of camera's going. GPRO is still the best, yet there is competition.
Wall Street guys are looking way past earnings. What they see is not so good...SO FAR. That could change at earnings, but not the numbers. Everyone knows it will be a great numbers. What they will be listening to is what they are going to do going forward.
Oil isn't going to continue higher anytime soon. Short term this is just a sticky fly trap. It will bottom about $35. Long term you can buy here with no problems, but current prices are a suckers market so the big boys can continue short "OIL" at higher prices.
They cut earnings last time and it will be no different this time.
Money is cool looking, but its not like holding something that has a material weight, shines like the Sun and the Moon and is worth so...so... much more in the long run like "Gold and Silver".
God, I hope your right. Nothing else makes any sense. Earnings should be a breeze given money exchange rates!!!
High $11.80 Low $2.01 trading at $3.26. Do you think our volatility is 63.2% better then a year ago. That's when you really see how fixed this stuff really is. Good luck!!!
We will not give Merkel her Gold back, and we want her to bankroll problems in Europe!!! I kind of thought that would be her answer, yet something will happen and it won't be nothing...It will be something...right?