I covered 4,000 at 7.35 area as I have held a bunch for some time. I still have some left. I was thinking about pigs getting slaughtered after I initially thought of covering some premarket yesterday. Thought of covering a bunch at 6 awhile back and greed got the better of me and it jumped to 10 plus. I was watching LRCX this morning and was reading all the upgrades. So they gap it up to 81+ and take it down to 76+. OCN could go lower or wall street could decide to play on some positive thoughts and run this up. So i Have put a stop at 8 this time. If it takes it out I am off to another stock. If it keeps going down i will just lower my stop. The thinking part is gone for me in this stock now. Wall street can do what ever it wants now as one of these days it will take me out. If it wants to do it at 6, 5,etc or 8 that is fine.
Covered at 59.20. Earnings on April 23 so they may keep it up into earnings. Do not hold over earnings unless very sure they are in good shape. Earnings for semi's have been all over the place so will wait until after earnings. I should have shorted LRCX this morning. They sold it off 5 points despite all the upgrades. Wall street controls so one has do what they do if you can figure it out.
Have to love wall street. Already down over a dollar from fake jump. Wall street like MS making a lot more money shorting stocks now.
Would agree that the loss of the middle class is really hurting Harley. It isn't hurting the rich as maybe a few are buying a second hog but there are a lot of former middle class that are selling theirs. This really hurts HOG as there are a lot more former middle class selling than rich buying. Think HOG will be making new 52 week lows.
You must have a lot of extra money to buy OCN. If you do not have extra, now you are just further in debt.
Not quite as good as that. It was horse meat and tough horse meat at that. Most of the folks there were free loaders just like me so beggars can't be choosey.
This stock is still in the downtrend that began in October of 2013. Folks have been thinking that it was going to turn around from that price. Needless to say they have only caught the falling knife. Now the market is so overpriced and this wonderful stock is still falling. When we have a market correction one thinks that this is going to go up while the rest of the market goes down. Not saying that wall street will not make a trade on this stock because they could. The move up will be short lived if there is one. Sorry but despite what you are saying I can not see a reason to be long yet. The Dow up over 200 points and this stock is red again. Will have to see some buying action before I go long. Will admit I was thinking of covering some when I saw trades at 8.23 and 8.30 premarket but there was no volume so thinking it was a gap and trap. Has given that 60 cents back.
Not a good sign. Usually means going lower. We will see as it is already down considerably.
Certainly do not see any reason for investing in this company. It is still a proverbial falling knife that appears to be going lower.
Surprise! Surprise! Overtly admit to manipulative market. Yet the rest of America is in difficulty financially. So the FED will continue to provide funds for big institutions. When you leave the FED the financial trading firms will hire you so you and they can continue to manipulate the market with your contacts and support. Win, Win.
No longer only in China. Now made in the USA.
WHERE ARE YOU! No drowning in your sorrows by your self. Get over here. I'm very thirsty and I can help you thru your pain.
All these big companies do the same thing. I agree from a share holders perspective it is disgusting.
Companies buyback shares and give them to the executives as options that are pennies on the dollar and they sell them immediately for big gains. Stinks for share holders but this is the American Dream.
This company is making a lot of money and will continue to do so. We often say that this is an over reaction to the news but it is not. This is wall street cashing in on a short trade. This company was already knocked down knowing the high American dollar would hurt earnings and it still beat handily. The big money folks that already had a big short position kicked this down harder this morning with their trading millions. They are now covering via client's shares that they have for sale. It is a great gig for wall street. For the last 40 minutes the stock has sat between 77.10 and 77.25 just exchanging hands. Broker covering shorts with clients selling and losing on their longs. There is no squeeze permitted when it is their money. Less