Total manipulated move by wall street. Yes the earnings were great yesterday.
My thinking is that the CEO was asked to resign. They need to get this mess behind them so they can move forward. It is a prudent move.
They could put an individual in the position of running the company that has integrity. They already have the base for a business that is always in demand.
Oppenheimer gives DDD the thumbs down and SSYS the thumbs up. I had bought at 21 as a trade not an investment. When it fell thru the open on Tuesday I sold. Did not like the selling volume so even though I think the selling is over done wall street does their thing. I will continue to keep on my watch list. Have watched this for a year now and only made one trade. I do think that DDD is going to have to show some visibility and more shorts will cover before we have a serious run. GLTA
Welcome to wall street Rick. Wall street is so overt now that they willing pay the 30 million dollar fine for the mega millions they make with the collusion and fraud.
I will admit something else. I nibbled at some at 40.90 last week and was thinking of getting a little more today. I changed my mind this morning.
It is more than Jewish doing this. This is the legal part of stealing on wall street. Wall street was already short. This is how they make over 100 million a day trading. Might have been quite a bit over 100 million today with a 9% drop. UAL was down over 10%. That is a lot of money to lose in a day.
No FED rate rise and it doesn't look like there will be one in June either. Good for airlines. Still good business's. Will see if there is any move up in airlines over the next 2 hours.
They know what oil price that they make good money
Wall street is going to be making a lot of money shorting particular stocks. If it is one you are holding it will not be pretty. Feel bad for those that purchased QIHU between 9:38 and 9:45 this morning after the good earnings.
If they didn't have a stop loss they are down 5 1/2 points.
With the market at all time highs of over 6 years of it moving up brokers are going to be shorting many more sectors then sharing negative information resulting in significant drops in certain stocks. The higher oil prices has been taking place for some time now. Oil has moved down the last few days and yet they release the revelation of higher oil prices and bang down goes airlines. This was a set up. You will see many more. May see a big drop in market after 2 PM.
Freddy I do not hate you. You may be a bunch of smoke and mirrors but you are comical. Pretending that you are trading this company. QIHU beat expectations for the 16th straight quarter. This is wall street that is short this stock. They go long stocks that can't hold a candle to this ray of sunshine. Stocks that are not even making money but the brokers are making millions going long. They will sell them to retail folks and then short them. They are now short QIHU. Stocks are the price that wall street makes them. If their plan is to take this to 50 then that will happen. If it is proven that they fixed this deal they could even have to pay a 30 million dollar fine. That will not even be a small commission to what they will make trading this.
I realize you must be a very astute trader. Notice I did not put an extra s in out of respect for U. I hope you caught CSIQ this morning on the nice drop as Market Makers took out the stops. I see I got hit here at 55.50 in QIHU. Hope you also caught the HD trade when wall street took it down over a point with LOW having such poor earnings to make a nice point. I am sure you covered at 55.50. Have a happy day. Had to put in a sell at 56.30 and see that it is gone. Gotta go.
Freddy they were "STELLAR"! You know it is what are you going to do for me tomorrow, "TOMORROW"?
Not to mention "What position had wall street taken before earnings?