Didn't realize that FSLR beat by so much. Anticipate that CSIQ will gap up over a dollar and move higher from there. Analysts were expecting 49 cents and they made 93 cents. They beat on revenue with expectations of 790 million while producing 896 million. That is a huge surprise and with Obama creating more positives for solar with his clean energy plan it should be a big day tomorrow for CSIQ. Anticipate that FSLR will be up over 5 dollars tomorrow.
Good beat but market makers with little volume have just sucked the air out of this. That is a serious drop with a good earnings beating top and bottom line. This does look to be a treacherous time to be in the market. Market makers are moving stocks every which way to make a lot of money with the lack of volume in a lot of stocks. Be careful out there.
Often it is an individual who still owns the stock or someone that has sold and taken a huge loss. They are still very angry and are expressing it on the board. They may be wanting to get back in and are waiting for some good news.
No real buyers in this airline. Continue to move it down with no effort as no buyers. Few shares exchanging with big movements on few shares. Stay away as you have no hope of out maneuvering these market makers.
Most airlines up nicely and SAVE down over 1%. GLTA
Sell is the correct move at present with SAVE. Big money is short this stock. Not even any disguising it. Even when they get off the offer like yesterday and let it move up some they have no problem moving it back down. You can not get better news then recently with airlines making lots of money and expenses going down, even more with low fuel prices. Yet no real buyers in SAVE.
I will admit that I had been short KLAC because wall street was taking it down. I have covered and was waiting to see how KLAC did on earnings. I did think that they were going to miss but that the miss was already priced in. They beat but it is down in after hours. I am not interested in shorting or buying it now. The market has become so manipulated that the in the dark trader or investor needs to be very careful. GLTA retail investors.
Wall street has downgraded this stock continually and brought it down from 84 to 50. Other semi stocks missed earnings this quarter and each time they took KLAC lower. Now KLAC beats rather than missing big and at the present time there is no movement. You can not tell me that there is not collusion in this market with the big brokers. This is a total farce. If wall street was long it would be 60 now.
That usually means that it will get more oversold. Looking for lower prices. That housing news this morning not good. A lot of companies that make a lot of profits are missing earnings. The market goes crazy over a company that doesn't usually make money but finally did. One company taking profits from a lot of other companies. China really slowing down but their high earning folks(crooks) are purchasing lots of properties in the USA. China and dollar of course hurting DOW.
I bought some at 62.78. Not sure how low it would go but open up with 500 shares. Will see what happens . May go lower and I will purchase some more. Wall street is taking advantage of the fear but they will need to cover.
This is a great short with wall street taking it down via shorting. They will cover and it will go back up. When??? Great company and good trader as a short for now. Will remain a good company and be a good trader long again. When????
One thinks that will never happen when it is down over 5% again today and still falling. Wall street sees very easy money on the short side as no one buying. They are having to use their shorts to cover some of this free
fall. 62 and still falling with wall street all smiles.
You are probably correct but many times the herd mentality is brokers shorting and then investors selling out of fear. The result is it often goes much lower than anticipated, especially in this over extended market. We are seeing more of it today. Have no idea how long it lasts but be careful. Is over extended in my opinion but that doesn't count. Wall street runs the show. I just do the clean up. So obviously I get less pay but thankful to get paid.
Have clients who put in orders to sell and know that I have all those shares to cover with. Clients often get the closing price of the day. They always get that for mutual funds. So I can short it down all afternoon and make a bundle covering for the last hour.
Right now there are a lot of others thinking and doing just that. Clients of the brokers are selling all kinds of shares here in this range and the brokers are covering a pile of shorts for great gains.
Different market at present. Usually they have moved stocks up into earnings.
Dow they took down and even though it beat they took it further down. Wall street making a lot more shorting than going long. The Dow JONES is only down 1/2 % while DOW down 5%. You may be correct that wall street takes the market up. Yes they have been doing that with particular stocks. Many other stocks they have been shorting and shorting more.
They are pulling the bids now. Wall street short not long. Wall street was short before earnings. When they are whatever company can have great earnings but it isn't taking off. I have no idea why that is. Down goes DOW.
Has given back 1.50 in just over 90 minutes. Wall street working wonders. With oil at such low prices Dow's margins will be even better. Wall street has traders nervous so easy pickings going down. Looking for more stocks to be shorted via wall street.
Well the volume did pick up here from 11:50 AM to 12:15 PM but it was to the down side. Someone said semi's not going to continue down. Well this is looking very similar to 2007, 2008 when it went from 61 to 18.
Big slowdown in China and we all know the debt the Europeans are taking on. Now with the siding up with Iran am looking for more disasters in the making. May be a depression rather than a recession in the making.