Penn National Gaming Inc. Message Board
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As every short like me already knows, there will obviosuly be (DUH?) 1 step up before the next leg of 2 steps down. But even then, I doubt, that this expected 1-step up (also known as 'dead kitty bounce') will take it to even $90 next Tuesday. Maybe $89ish on Tuesday morning, before the race downward continues??? thats my guess
Any longs willing to go on record here and say that they actually believe IOC will see $90+ again on Tuesday. Lets see who is the better trader: longs or shorts. who's up for that challenge? i say $90 aint happening. what do you say? Lets talk Tuesday onlySentiment: Strong Sell
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amen to that brother
Sentiment: Strong Sell
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if you too think that things could get worse, why even root for things to get better? Why not short it and enjoy the ride down and make money???
Sentiment: Strong Sell
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Dont you think you longs are acting like you actually believe this stock will see north of $90 again???
Sentiment: Strong Sell
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I sold some of the options to lock in my profit. I am holding on to some though just in case gravity drags this to foul hell next week...
Sentiment: Strong Sell
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Why you bitter man? I am trying to tell you a simple way to make money
When a stock hollow gaps up on fluff & hot air, like this one did to $106 at open, you buy PUTs.
when the headfake becomes reality and the stock goes down to say, i dont know, lets say $86, LOL, then you sell those PUTs. do the math and see what an incredible gain that turns out to be. of course i am excited and happy today
you would have been too if thats the trade you did todaySentiment: Strong Sell
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Does buying PUT options when the stock was trading at low $100s qualify as shorting?? If not, then you are right..I did not short it. Anyway, all I know is that my PUT options are worth way more now.
what, you need a screenshot now to see that is true???Sentiment: Strong Sell
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This was one of the best headfakes I have ever seen and I LOVED IT. I love stocks that gap up at open for no reason and then fall down when reality sets in...
What a joy it is to short such stocks. Its easy money, no stress and you never have to worry about being a losing baggie....not sure why more people dont believe in shorting!Sentiment: Strong Sell
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If this sees $70, you can bet that I will cover my short position at that level. You can bet on it. see you at the bottom too brudda. this is easy money
Sentiment: Strong Sell
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Whats your backup plan longs if this continues to keep falling for days and weeks??
by holywallst •18 hours ago$100 you say?? we just came from that level going in the opposite direction at full speed. did you mis that part when you said that this will go back to $100 again
Stocks dont just fall from $106+ to $80s one day simply to go back up again to $106 the next day. There is a good reason why this fell today, whatever it may be. Who cares what the reason is for the sell off, point is lets profit from it. TREND is your friend and trend is south as far as i can see.Sentiment: Strong Sell
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What you gonna do then longs? any backup plan??? LOL
Sentiment: Strong Sell
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I wish it would have gapped up at open to $116 and fallen to $79 by now
by holywallst •18 hours agoShorting was already done at much higher levels. Now I am not 'aggressively shorting', I am 'aggressively waiting' for the floor to collapse so I can cover at much lower levels
waiting brings mucho $$$ for shorts...Sentiment: Strong Sell
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I wish it would have gapped up at open to $116 and fallen to $79 by now
by holywallst •18 hours agoif you ask my opinion, maybe the stock had already priced in all the expectations of your 'development partnership' and then some...
thats why, now the tankage has begun. if the news was that good, how come the price fell like a ton of bricks since open???Sentiment: Strong Sell
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Cant wait till this $89-90 floor gives way and we start falling again....
by holywallst •18 hours agoTry harder IOC. you can do it. Just dive dive dive baby...let nothing stop you. feel free to be pulled down by gravity
Sentiment: Strong Sell
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I wish it would have gapped up at open to $116 and fallen to $79 by now
by holywallst •18 hours agomaybe your trend is over....a new trend has begun. ever thought about that???
Sentiment: Sell
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Now that would have been a really beautiful headfake.
What I do NOT understand is why longs wanna support a stock that pulls such headfakes. I mean if someone tried to fool you on the street, would you support a person like that?? if not, why support a stock that fools you with a 13% gap up open and goes deep in the red mid-day?? is that a moral thing to do to support something thats fooled you with a move like that???? i just dont get it.
wouldnt it be more moral and more satisfying to do (other than a profitable thing to do) to short such a stock??Sentiment: Strong Sell
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thats my point exactly. at $60s, it wasnt the time to short IOC, so obviously you longs made 60% or so since then. good for you.
but now at this price level, its shorts who will make big bucks. when it falls to $60s again I will surely say, do NOT short it, but until then lets ride it down baby.Sentiment: Strong Sell
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I hate temporary floors that pretend to hold up. When o when will this $89-90 floor give way and create a new floor somewhere much below. I am so excited. Wish I had a million or two bucks to short for that kind of daytrade. Come on IOC, pierce through the floor, you can do it. we shorts have full faith in you
Sentiment: Strong Sell
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Wont see even $91 again today, forget about $100. LOL
yes, i am that goodSentiment: Strong Sell
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Thats what I am doing
Sentiment: Strong Sell