Continued refreshing on the offer. Selling with volume and shorting with volume. Over 5 million shares in less than 20 minutes. Some serious unloading while the market is up again.
EBAY has been receiving nothing but bad news for most of 2014 . It has been on a steady downhill march since the beginning of March with the market on a steady uphill climb. EBAY is now lower than it was in September of 2012. With a little downturn in the market it could see a more significant drop if it can not hold 48.
There is no stopping this market now. The have made a pact to keep the market moving up. No there is no collusion and no inside trading. Staying long. Republicans are done. The Bushy's did you in.
Appears that EBAY will make another lower low from March 6/14. With market making another record high and EBAY in this continued downtrend approaching a new 52 week low it appears big money going to take it lower. Nothing but bad news coming out of EBAY.
They begin moving it down then continues with lower highs and lower lows as it has been doing this last four days this week. Nice heavy trading volume for a stock they are taking lower. They have certain stocks they pick to make it on the long side and then others like EBAY on the short side. AMZN has had a couple of nice up days but EBAY has been a nice short again.
We have our situation were the government basically controls most things. The government is controlled by the rich business. The rich business's want the DEM's in. So if more than 50 % of folks are on government assistance then one continues to offer assistance or appear like you want to and with the big business voting your way because they pay you then who will be elected?
No stopping the liquidity in the market as still 47 billion going in this month. As stupid as it sounds still long.
Job market sets new high. When companies continue to make less money but the stocks keep going up something is behind it. The only time the market has went down in the last 5 years was when we had the QE's in one form or another finish. That was twice. This one is not done.
Few bids so down it goes and quickly. Down 5% when everything about earnings was positive tells you that you have no say when it comes to moving a stock.
Last years longs are now this years shorts. They move the stock. Obviously they are making it on the short side since earnings. Appears to be lunacy if your long but intelligent if your short. As one can see, they are having little resistance in moving it down. Will need to be patient. They will cover sometime.
GM up 88 cents. F up 8 cents. GM having to recall millions and millions of vehicles. Costing them millions. F having to recall some vehicles also but not anywhere compared to the vehicles of GM.
Not trading a lot of shares. They continuing refreshing on the offer. As long as they do that those covering will just lower their bid. Certainly doesn't look like there is any interest in buying. It appears it is mostly short covering. Of course if you shorted at 85 three months ago you have a nice profit and would be taking some off the table. Looking for a gap down tomorrow.
They sure keep you guessing as you try to figure out what will happen. Your scenario does appear to be what one needs to wait for. The big money (free money) will decide. This morning F had record sales which were much better than anticipated. So the stock is up 9 cents. Big money had a bunch of shorts anticipating a worse scenario so with gap up they have to take it down. With all the liquidity they have been getting it down is an easy task. They do not make the 100 million a day profit trading by not controlling the price.
Many of those detainees should have been released as they had done nothing wrong. These 5 individuals will kill more Americans. I agree that Bush stunk as a president. I am sorry but Obama has done what he said that he would do. He has brought change. Granted it is change that is resulting in becoming a country that the forefathers left to create the greatest country in the world. Very negative things are in store for the middle class and poor of the USA. Obama has become omnipotent with his smooth deceptive speech. Be happy and cheer up because things are going to get much worse. From a stock stand point F has seen it's high of the day and they are selling the news looking to get out before the fall.
Steve I agree with you. The one problem that we have is that we do not move the market. Do need for some of these shorts to cover before earnings. If they are still short at earnings, even if LULU beats there may be a small gap up but they will short it back down. At present there is some big money short and they do not permit a short squeeze.
Shorts definitely in control. Will they cover before earnings. I have only been to two stores. A store in OMAHA and it was packed and a store in Canada who told me that they can sell all the inventory they get. Maybe these stores are the exception but it would appear that earnings might be good. Yet look at the drop in price today. Volume might be light but this is quite a drop with few buyers supporting it. Earnings June 12 so not long to wait.
You are the individual one would like to talk to in person. I have not lost any money on SPLK because I have only traded it. But there are many on this board that have. For you to say something like that to them has me wanting to put a little action to your talking.
Appears to be heavy selling so I sold for a small profit. SPLK is too close to the new 52 week low and if it closes below that it could fall much further. I am seeing some sector rotation out of these momo plays today. You have WMT, TGT, PEP & EBAY moving up on a down day. WMT and TGT missed their earnings. Good Luck!