That obviously was your signal to sell.
Guessing gets one in a lot of difficulty. This is not about fundamentals of the company. This is about the big money being short. They have a lot of money invested and money they can still invest. So which direction will they take it? No guessing involved. Admit I just covered at 48.50 from September short because it has had such a big drop from there. May be a little bounce at the beginning of the year. Maybe it just continues to drop. Now I am guessing so I will take my profits and observe.
More jobs, higher wages, ObamaCare a success and food stamp lines getting longer. As one can tell by the stock market things have never been better in the USA. On top of that one can look forward to a great narcissist as president in Hiliary Clinton. It is up, up and away in the USA.
The funds that are still in this stock are probably not going to buy more now. The big money still needs to cover. It will probably be the funds that will need to sell later which the big money will use to cover their shorts. Looking for lower prices. There are no buyers for this stock now. Steady drop with no support.
Yes the few buyers are shorts covering. It has had it's run. Is controlled by the big money and the direction is down. Think it will beat earnings but it will probably be much lower by then. The guidance will not be great so it could move up a few dollars from 4? to 4? then continue it's dpwnward direction. Too much big money short and we know who wins then. Just ask Obama.
Problem for companies is that they eventually have to pay it back. Some companies beginning to follow the leader which is the US government and Obama. They are given everything and it is free. Obama may think he is god but really he can not hold a candle to many of the black leaders. He has just been a pawn for the Democrat's at the expense of the black race.
Do think this is way oversold and that the shorts just demolished it this morning. Went long at 55.25. The shorts are going to cover with a big profit and move on to something else.
They are the market and they have been shorting GM. Yesterday they covered a bunch in the afternoon. Today as a few more of their clients sell they are covering again. Not any different than Madoff except they have a license to defraud. When they go too far they will receive a fine that the FED pays. Called a pretty good gig.
Difficult to trade against these traders. Folks in BTU have a long history of pain. New records in the market yet mega dollars being made by GS on the short side.
AT present I will continue to hold my short. Think the big money is short that is why there is no real buying. Will probably see more negative news out on DGX causing further decline in the price. Even the positive news the other day resulted in lower prices.
That is correct. They are not going to jail
Probably the withdrawals will be less than expected. There have been many, many homes without power for many days. This will result in less natural gas being used in areas where natural gas has higher consumption during this time of year. As a result we could see a drop in natural gas prices temporarily. We will see what happens.