We have went full circle again. They are back to telling you one thing and doing the opposite. Remember the mortgage mess 5 and 6 years ago with GS. Conviction buy for you. Conviction sell for them. I think conviction is just a figure of speech for them.
Brokerage after brokerage raises price target on CRM yet they sell rather than buy. Thinking maybe the big boys have decided they will make a little more money going short. May only be for a short time.
Can do business in a fraudulent manner and get the tax payer to be responsible for the fine. So the very people they cheated have to pay the penalty. It is no wonder their stock price and bonus's can be so large.
This must be what they call the American dream. If your a banker that is. What do they call it for the honest folks? Good folks have nightmares!
He can afford to be arrogant as he will never spend all his money. Certainly unwise with these negative statements for the short term pricing of the stock. Great for shorts.
Have shorted DHI at 18.60 today. Way too many shorts for this to go up. Nearly every gap up is a short opportunity. Big money is short and they will cover before it goes up significantly. Do think this stock will be staying down for some time. Yes they had great earnings but that has not mattered for the last three quarters. They beat every one of those quarters yet the big money has shorted more. They decide what goes up and what goes down. It will go up again some time but it may go much lower before that happens. Will have to follow the money to see. GLTA
To be one of the best 50 small companies in America. It means the government is going to tax you and give you so much paper work that your company is going to make less money in the future. Your revenues may be up but you profits will be down as your government expense go up. Not a bad day for JCOM stock price. Down over 5 dollars yesterday and they did even better today as it was down over 6 dollars.
Then they jump on with more shorts and have a big drop. Now they will be covering by buying the stock of clients that need to sell because of the drop.
It is stumbling all over the place. Someone getting hurt as this thing keeps falling. Might just as well laugh. It feels better than crying.
It has blown away earnings every quarter yet this is how powerful the big money shorts are. The FED continues to provide money(called liquidity) for these big institutions to control more of the market. Then they pretend that that they are doing something about the fraud when they give them the money to pay their fines. Nearly everything regarding Obama and his government is a farce.
You can speak to all the friends one wants. DHI will not go very high until the big money covers their shorts. Fundamentally it probably should be much higher but with the big money so short they will get out before it goes too much higher. Now it could go a lot lower.
You have 30 year mortgages at the lowest rate since June, home builders beating expectations each quarter and DHI still sitting new 52 week lows. Because the fraudulent traders like JPM. USB, GS only have to pay fines that the Fed provides the money for them to pay off they continue to control the market with an extra 85 billion a month in liquidity. It has become so overt and arrogant that the FED just laughs at we pions.
The economy is continuing in the tank. Continuing to put money in the system keeps the poor and middle class unemployed while providing mega bonus money and healthy expense counts for the rich and powerful.
QE is doing what it was intended to do. Obama shared that he would bring change. it is happening. Extort the poor was not the change they thought was coming.