in price to about where it is now.
So on an overall light day in vol on feye during a bigger down day for the indexes, this seems more like retail selling than institutional unloading over the course of the day.
Regardless, a close below 41 takes out several strikes once again for opt exp today
The company confirmed to CNBC that its terminal was currently unavailable worldwide, with traders from the U.K. and Singapore complaining on Twitter that they had been affected by the issue.
Bloomberg is looking into the causes of the outage, the company's spokesperson said
the snap of a finger the Moving avg rolled over the day before opt exp and on opt exp Feye took out 4 strikes by the closing.
About the only thing that will change this is earnings for the sector, when these stocks maybe get some better long term love from WS
the sector stocks. It trades like the major indexes are in a free fall.
One trade of 100 shares has this jumping by extreme levels constantly until it finally tightens up. There are not many stocks that behave this way
Thanks, I'll be watching them. I really think companies have been beefing up on security measure quietly and we'll see this in the earnings.
Momentum turned positive on 4/9. It was in negative territory from 3/5 to 4/8.
The 10/50DMA is upward sloping and feye trades above those moving averages.
Volume was trading below its 10day average almost every day from 2/24 to 4/7 and since 4/8 is at or above its 10 day avg msot days.
We may see the February high of 45 very soon.
While news flow is generally postive of late for the sector, the stocks haven't done as well, but the trend is going in the direction for longs.
I think we see the catalyst for more advances when the sector starts rolling out with earnings. Who is the first to report - anyone know?
I suspect companies are quietly putting protective measures in place and we'll see this as they announce earnings.
However, today's 3.25% drop with continued selling during the afterhours is what we're used to. I hope they don't trade this below 40 again.
Would like to see someone believing in the narrative for more than one or two days before selling resumes its course in the sector and in feye.
Maybe that helped feye rebound like it did. The news flow on the sector is happening again and looking good
There is something more going on than the 60 Minutes segment. That was not reason enough for the big vol and big % move. Maybe we have a new higher floor price in the stock going forward.
For awhile WS had fear of feye since it's fall from grace. Did this change yesterday? The move in feye was not sector related.
I've been away since pre-market and am very surprised by this outsized advance (happily surprised).
We will also see more and more cases where breaches ans what its done by the attackers is more total...
In regrards to the Sony attack he said companies caouldn't trust any piece of their IT infrastructure.
We need news flow like this with the news of the WH breach yesterday to remind investors again about why they bought these stocks so heavily in February.
While some of the stories reported little success and minimal harm done, these attacks were not as advanced as those that hit in the USA of late. Nevertheless, this news draws attention to the reasons why WS bought the sector so significantly in February.
Who wants to hold for three years? I don't. Waiting that long is a loss of money when there are numerous stocks out there producing earnings and share price advancements continually.
This is what I am starting to think. FEYE is like DDD or AMZN, where they are always growing the company but not producing earnings at the expense of the growth. At some point WS wants profits.
To your last point, no I did not. I wrote about this before. Bowever, I did not expect a drop back back to trend and expected something better than 11% above its pre-earnings close
White means the stock is unchanged from previous close but I disagree with the other views expressed on meaning. Often times the time between trades in 30 to 45 seconds on 100 to 300 shares, and with the bid/ask spreads rather wide at times. This is not a fund buying in my view. What is good about today is there is buying
This is what I hate though. I've been watching real time blocks trade for 20 minutes while eating some lunch and 70 % of the trades are 100 to 500 share trades and a few 500 to 1,000 share trades in smaller increments. This could be retail, not funds and that's what feye needs, fund buying.
FEYE seems to trade as a story stock moving on news and failing after the news back to prior low trend lines.
FEYE hasn't persuaded WS to buy, add or hold.