Now there are a lot of buyers in GTAT. JPM is going to have to collude with someone to stop this from going up too fast. Can they do that? Of course! The SEC does nothing about it. The SEC even comes out with a malformed reason that there is not too many naked shorts. Before the day is out they may even be able to bring it down some. They may be able to get a rumour out that there really is no sapphire in the AAPL product. In the long haul GATT will move higher. Be patient!
Purchased GTAT back on Aug. 5th as an investment. Yes nice gains to be had now. In all my other trades I have taken profits. I do think that this stock is going to go much higher over the next couple of years. AAPL doesn't throw their money away. They have invested a lot of money into GTAT and they plan on making good use of that investment. They did not invest that much for one quarter or half a year. GLTA
Do not believe that you shorted at 16.48 on the 11th. This stock will not see 13.00 again. AAPL has invested in GTAT themselves. IT reached 18.41 today and yes wall street may collude to take it down some to make a few dollars but it will be much higher come the end of the year.
Still in a downtrend so from a technical perspective no need to cover. From a fundamental standpoint energy prices not going up so do not see CHK beating on earnings. P/E is too high. Still think it is over priced. Of course wall street calls the shots. They may be covering and going long today for all I know. Not seeing it happening but they are a tricky bunch or maybe I should say, "A crooked bunch".
The Flyers usually won when Kate sang. Think you must be in the wrong game when you say they are going to lose by 20% today.
Already down nearly 7.5 % and still falling. When they pick on your stock not much hope. Should have sold at 58 but I admit that I thought that it would make a new high. Again do what wall street is doing, not what you think they will do.
When there is a little panic in the streets there are few buyers. Shorts have a field day with no support for the price. The company not only beat but raised guidance. Sledge hammers on your head convince one quickly to go down.
VLO nearly 20% off it's 52 week high. The big money must have had so many shorts in VLO that they are still covering. Not going to let it go until they are covered. When you have most of the money no problem with a short squeeze.
Yet, today the market has a nice up day again. They say more and more retail investors on the sidelines. Do not really need us. All the doom and gloom since 2008 and this market is still going up. Have to admit iI am missing out on todays run other than CSIQ which was pretty much a no brainer. I thought today was going to be a gap and trap. Wrong again.
Be careful as it appears like a gap and trap. Couldn't believe that they were upgrading Macy's last week. Of course wall street was long and wanted to push it a little higher to sell before earnings. The SEC is just a stepping stone to get into JPM, GS etc. by pretending nothing wrong with the manipulation.
Already lot of shorts in CREE and with lower guidance plus a PE of 45, it appears that it will go to the 43's.
Of course you really know what you are talking about.