Isn't it fantastic?
I've been short selling 10,000 share traunches for three weeks and have made more than most people will make in their entire lifetimes.
I still see $29 today coming.
That would be down another $6.50 or so from here today.
The down volume to come should be crippling.
Look at the volume that is still to be sold.
Not to mention the cliff & absolutely no more buyers now.
& that's where I'll cover my TWTR short position & go long.
For the record I loaded up on ETFC in the mid single digits and I told my friends and relatives that ETFC would be going above $30.00 again.
Loaded-up the truck at $1.39
How did I get BAMM so right?
Hint... been trading BAMM since 1998.
Sentiment: Strong Buy
I had over 4000 (yes, four thousand) sell (puts)contracts that expired on Friday.
I did better than all of you who thought Twitter would bounce higher.
Felt sorry for all of you call buyers who bought the 40 calls, the 39.50 calls, the 39 calls, the 38.50 calls, the 38 calls, and even those horrible 37.50 calls(WHAT A HORRIBLE DISASTER THOSE WERE, HUH?). Anybody in here buy those?.
You were all warned several days before of the direction TWTR was going, and I did call the close, that it would close at the low of the day on Friday.
So about a billion dollars could have been saved if you'd of listened to my directional advice.
My guess for TWTR is that any and every spike will be met by severe selling and that TWTR will have another horrible down week.
My advice is simply this:
Never stay in a bad trade!
Sentiment: Strong Sell
Just common horse sense, huh?
The Habit is better to own than Shake-Shack, or Chipotle, or Panera Bread Company.
AZO has NO chance of "crashing".
Even if the entire stock market drops by 25% (the entire S&P 500), AutoZone will only drop by around 2%.
glee1984 • 22 hours ago
I bought this at 1.17 so I'm fine
So, let me ask you something Glee1984.
Do you still feel fine at $1.16?
& How will you feel at my price target of .37 cents?
IDIOTS HAVE SOLD.
MY FUND MANAGHER FRIENDS ARE BUYING HERE!
DGLY @ $45.00 Next.
This is because in a "Raging-Bull" market things get way out of hand and nothing can be done to stop this from happening. Like when CIEN went from $5 to $350.00 and back below $5..
I predicted it a year ahead of time and it happened just like I had posted it would happen.
So, an Apple $3 Trillion market cap will happen but then a drop back around the levels just below a trillion dollars. And everyone will act surprised that a "Raging-Bull Market" happened (just like it always has before).