Well that's very strange since Yahoo says your ID is a member since 12 days ago.
Hmmm. I must say it's rather strange that you created this ID all of 12 days ago.
Never posted before that or just a new ID and why in either case?
Yup. They had $10 as the holding point and like they often do were simply taking on passengers for the plunge down. Yours truly included for one lot.
It plunged immediately below the couple potential support levels in the high $9's.
beers looks pretty smart right now.
On Friday lots of professional traders were talking about Tuesday being a buying opportunity. Too many singing off the same song sheet me thinks.
And right from here we go into earnings with a week and a half on and what CEO is going to go out on a limb and stick his neck out for Q3 right now.
Probably not many with decent European exposure.
Stocks without any real catalysts can really get abused.
Could very well be.
It seems like more is about positioning than a lot of considerations.
Considered a value trap, GILD is trading at a trailing P/E of 6.68 and could very well be heading lower. Especially with news expected tomorrow. If negative, look out below and if positive look out below.
Sounds a lot like here quite often.
It's part of the rebalancing process that is done every year for adds and deletes.
There goal is to not move the price.
You would have to inquire with someone involved in the process or who really knows. I do not.
I do not know but I'm sure it's consistent with the machinations any stock goes through when they are added to indices as part of the rebalancing process.
ETFs tied to those indices?
Not a bad thought leegoodrock. I'm sure it will help when T gets kick started with one of the majors that it's already affiliated with.
Maybe coverage news before or during the Q3 conference call in 5-6 weeks? Wishful thinking. We're at the mercy of a government agency, especially with an election on the horizon. We'll see.
Did you look at that site the coot65? The header promotes"Top Penny Stocks for 2016".
It's a week old and not a market moving publication IMHO.
I liked the past few closes though, especially Friday but at the end of the day fundamental news will move the stock for better or worse.
I'm not sure if you used AON orders but the handful of times I've traded this in and out I haven't had much trouble getting 1,000 share lots to execute. Other than the HFT nonsense where they change the price away from you as you submit it. In a stock like this I rarely give in to that nonsense.
I do agree that for me the most successful ones have been buy and holds of good companies.
Not much of a change in short interest j.coolaid. It ticked down nearly 200k to 10.145M as of 6/15.
That is the lowest data point since the end of January of this year.
I'm sure you would have great difficulty trading 10,000 blocks here because it's just not liquid enough but don't be fooled by the 100 share lots they show on the bid and ask.
You can often fill at least 1,000 share lots without much trouble.
In your situation what you are doing makes sense.
You are very fortunate. Not everyone is in your situation.
I will say that the best gains one can get are usually in a long term hold that pays off but that can go the other way also. The difference is a long term holding that is successful can pay back many times over and also cost you much less in taxes when you decide to sell some of the position.
Everyone is in a different situation so they have to assess it as such.
I do agree that if you think you have an opportunity in a great company at a good price and don't need the money anytime soon than that company or companies will be a good buy for the long term.
I think in the short term Brexit could be damaging to many companies operating in Europe. it's a global economy and fear tends to stop people and to an extent businesses in their tracks. A slow to no growth economy doesn't need to be slowed down.
We don't know what the new Prime minister will do in October since the existing one has stepped down from what I heard yesterday.
XONE could stabilize here or flush with the market if it flushes. Baring any news the general thought would be it will fall some if the market flushes.
I actually thought it held up well today.
The markets will almost certainly feel more pain early next week and I've already heard too many traders and pundits looking at Tuesday as the buying opportunity. It rarely works that way, i.e. according to some script.
Just like with Brexit everyone thought one thing and we got sucker punched.
My fundamental concern for the overall market is we have earnings season around the corner.
You would think Brexit should have had a minimal impact on Q2 for any company since it happened one week before quarter end.
My question is how many company CEO's reporting over the next 2-6 weeks will see the initial impact of Brexit, fear driven but real in the short term, and will cut outlook or adjust it enough that the market has no choice but to go down.
That doesn't say anything directly about XONE because I'm confident we'll get honest commentary from the CEO but on a market wide basis I'm not sure if this will be a buying opportunity.
I'll listen to the fundamental calls from companies and watch how the indices act.
Will this be a market or individual stock buying opportunity or will the next bounce be the opposite?
They must have had some activity with the Russell rebalancing. The late day spike in volumes and after hours affected many stocks that did.
The diference gere is something started after hours last night albeit on only a little over 30k shares
Hey I won't apologize for not being a polyanna.
She may be great but I hope she does what's best for the company and she is a big plus.
Not that I read that much into it but the stock has ended each of the last few days well. Today even as the market kept going down. we have to take all the positives we can get.
It's quite possible but I'm not sure. They did say they wanted to save the extra expense but mostly consolidate volume.