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Dick's Sporting Goods Inc. Message Board

happyperson_1 267 posts  |  Last Activity: 13 hours ago Member since: Jan 29, 2008
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  • Reply to

    BABA: Calm before Storm, don't miss the rally

    by richiedouglas Jun 19, 2015 9:29 AM
    happyperson_1 happyperson_1 Jun 19, 2015 9:58 AM Flag

    Who is accumulating? Few buyers! Low volume! Wall street traders that already have a short position. All they need to do is pull the bid and it goes down. Not heavy selling. Not a lot of sellers but buyers are not supporting. Trend is still down. Be careful. One day this market is going to correct and you will see some real selling. For now it is a stock pickers market as wall street picks their shorts and their longs. When correction comes it will be mostly shorts. Results in much quicker drops.

  • happyperson_1 happyperson_1 Jun 3, 2015 11:26 AM Flag

    They know the economy is weaker. The rate hike has just been rhetoric. Would agree that there will be no hike. They need to keep feeding the market.

  • Reply to

    Why is D selling off?

    by gimmepavv Jun 3, 2015 7:37 AM
    happyperson_1 happyperson_1 Jun 3, 2015 12:54 PM Flag

    Wall street is short this sector as they are some others. They are having to short more and more sectors to make their 100 million a day trading now with the market at all time highs when the fundamentals are so poor. Really do not see interest rates going up this year as the FED knows that the economy is still poor. They have been talking about raising the interest rates since the end of 2014. At this time it is just rhetoric. I noticed today that Forbes said D was oversold. If that plays out in the manner it usually does when Forbes says something is oversold, D is going lower. This stock and sector has been in a downtrend from the end of 2014. It continues to make lower lows and lower highs. Today was a lower low again. That means it has broke the previous support. Now we have another technical negative along with the pattern that I have noticed with Forbes. We will see how it plays out. In this market I am in cash and trading, not investing so my analogy may not seem sensible to yourself. Hope it is somewhat helpful. The market does what wall street decides so they could take it much higher and even turn D around later today. May in the end it work out well for you.

  • Reply to

    Good news...

    by jimg01523 Jun 8, 2015 4:01 PM
    happyperson_1 happyperson_1 Jun 8, 2015 4:21 PM Flag

    Good to make it a little more jovial as it continues to move down. The dividend doesn't look so attractive when the stock continues to fall to this extent.

  • Reply to

    Walmart days are over!

    by synthartist69 Jun 10, 2015 3:12 PM
    happyperson_1 happyperson_1 Jun 10, 2015 3:42 PM Flag

    Walmart is nearly always busy. There a lot more middle class and poorer people than there are wealthy. The wealthy may not shop there but many of the others do. The company is expanding globally so growth is not over. This is wall street doing this. Goodness, TGT went into Canada and just lost hundreds of millions of dollars and what does wall street do? Jumps the stock up nearly 30%. I do not know what the stock price of WMT will be in another year but they will still do well.

  • happyperson_1 by happyperson_1 Aug 24, 2015 8:55 AM Flag

    These market makers are dropping this stock on no volume. Think they it run it back up some. Have no idea where it finished at the end of the day. Could be a very black Monday. Some one ran these futures down on little volume early this morning. This is still the USA not China. Not saying their situation doesn't affect us but not to this extent. Of course wall street marches to it's own tune.

  • They continue reiterating the same news. Estimates lowered with stabilization in second half. Wall street making more and more money on the short side.Retail folks that are stuck in MU from 30 continue to talk positive while wall street keeps moving it down whether positive or negative talk. Fundamentals with low PE may scream oversold but wall street ultimately moves it in the direction they want.

  • Reply to

    Lots of shares exchanging accounts!

    by happyperson_1 Jun 11, 2015 1:37 PM
    happyperson_1 happyperson_1 Jun 11, 2015 1:39 PM Flag

    Can't find any news so I purchased some at 40.60. We will see. BABA is down less so I'm thinking we come back some.

  • happyperson_1 happyperson_1 Jun 9, 2015 12:37 PM Flag

    When you look at a chart of MU it does appear that it is going lower. Back in December when multiple firms were upgrading and raising price targets yet it did not move up you realize then that they were using that opportunity to short. They have continued that trend for 5 months now and it does appear to be continuing with a strong break below the 52 week low. Now they come out and say that the stock is cheap but dram pricing is low so the earnings and guidance will be poor. I have no idea how low they will take MU but it is not going to turn around until they cover their shorts and that may not be until the second half of the year or it may not be until 2016and the stock has went much lower.
    I am waiting to buy because this may be just rhetoric that things will turn around the second half. I do not trust wall street and this may be the high today for a number of years or even forever. I traded JDSU in 2000. Some days I made over $30,000. I was one of the fortunate ones as after a few of those I quit trading it as this was too good to keep happening. Look at what JDSU was in 2000 and look where it is now. There are no guarantees that MU will ever get back to 27 never mind 32 where a lot of folks got in. One, as best as they can, needs to follow what wall street is doing not what you think it should do. GLTA

  • Something is happening. Hate being in the dark. Especially when it doesn't feel good. Especially when you can't see or smell it. Enough said.

  • Reply to

    40 points coming in this one...

    by sasnik9 Jun 12, 2015 3:19 PM
    happyperson_1 happyperson_1 Jun 16, 2015 3:42 PM Flag

    Actually 40 point have gone. From 62 to 17 is probably more than 40. Your call was better than expected.

  • happyperson_1 happyperson_1 Jun 17, 2015 2:47 PM Flag

    Be patient. Wall street has been making money on the short side with BABA. They will cover and go long.

  • AMBA tanking like it should! Way overpriced! This is wall street. They take them way too high when long and often too low when short. Look at MU. The company making more than these two companies put together. Wall street gets short and they do whatever to bring it down. Do not be surprised when wall street runs Amba and GPRO down. Get out of the way and let them settle unless you short.

  • Reply to

    At present few buyers in KORS!

    by happyperson_1 Jun 23, 2015 11:38 AM
    happyperson_1 happyperson_1 Jun 23, 2015 2:59 PM Flag

    I am short but only because wall street is still short KORS. They covered a bunch and then shorted some more over 49. I think the opposite regarding earnings. When we approach earnings wall street will have covered and we move up. This company is still making a lot of money. Watches are not their primary money maker. I do not know how low they go before they have covered their shares but I'm thinking it will be before earnings. I know that I will. This may hit a double bottom tomorrow and have heavy buying and i will cover then. Retail has got clobbered for the most part not just KORS. This is my thinking at this time. Doesn't mean that I am correct. Wall street is always right and I do attempt to follow them so my actions can always change. Good luck.

  • They will be shorting more and more stocks and then downgrading resulting in drops like this. CTL hit a new 52 week low yesterday. Of course JPM downgraded it today and it had another 6.18% drop today. I have been in in cash since the end of 2014. Just trading now and looking for shorts like CTL. You are going to see a lot of stocks get clobbered short by these legal thieves. Be very careful if you are only an investor.

  • Reply to

    so you think this a CHEAP stock

    by mike_masin Jul 1, 2015 1:05 PM
    happyperson_1 happyperson_1 Jul 1, 2015 1:19 PM Flag

    Going to get cheaper. Market makers didn't play any to the upside here at lunch because there is only sellers. Looking for lower prices and new multi year lows.

  • happyperson_1 by happyperson_1 Jul 1, 2015 10:39 AM Flag

    Some folks losing a bundle of money on this stock. Wall street making a bundle staying short and continuing to move it down. This has been the true falling knife. It will never go back up to what it was. This company is another overpriced company that wall street took up way beyond what it was worth, sold, shorted and made a win fall both ways.

  • happyperson_1 by happyperson_1 Jul 1, 2015 10:52 AM Flag

    Oil and gas companies getting smashed. Saudi's knew wall street would not support oil and gas stocks. American greed would have wall street short the stocks and move futures down for big gains. Many will lose jobs in America but the rich will get richer. I see many similarities to the Roman decadence before their fall to what are our priorities as a country. Their arrogance as leaders is what we are seeing in the USA. I mean how arrogant can we get when 65,000 is paid to have the young Clinton daughter speak. We have lost our minds.

  • Reply to

    herd mentality

    by all4wishes Jul 23, 2015 9:34 AM
    happyperson_1 happyperson_1 Jul 24, 2015 9:50 AM Flag

    You are probably correct but many times the herd mentality is brokers shorting and then investors selling out of fear. The result is it often goes much lower than anticipated, especially in this over extended market. We are seeing more of it today. Have no idea how long it lasts but be careful. Is over extended in my opinion but that doesn't count. Wall street runs the show. I just do the clean up. So obviously I get less pay but thankful to get paid.

  • Reply to

    Bought the dip in GDX @ $14.00

    by bighorn_50b Aug 11, 2015 11:12 AM
    happyperson_1 happyperson_1 Aug 11, 2015 12:46 PM Flag

    You are funny. Who would only buy 500 shares when the price is under 10. You seem very angry. You have maybe been on this board for some time. I would think you have lost a considerable amount of money if that is the case. I am sorry for you but it is not necessary to take your anger out on others. Hope it gets better for you.

DKS
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