If you're the only one threatened, maybe he just thinks you're a nut.
I was in a previous bearish trade and didn't get threatened.(Didn't feel a need to advertise it). Maybe he just thinks you're a nut.
Be careful----The MRKT has a tendency to humble those who think they can predict the future.
These are common mistakes-----According to the 2000 census, over 11,000,000 Americans remembered serving in VietNam
They also raised their oil forecast from 95 to 105 for 2015 0n 5/21/14. I do believe I will take a wait and see approach to any of their forecasts.
I guess it is possible for a stock to take on the human characteristics of the traders.
Don't you realize that this is nap time for most button pushers?
Although I never take responsibility for any stock price (predict), If I still held a profitable bearish position, I would cover just in case.
It is a speculative position, but I usually don't pay too much attention to bk rumors until the company stops trying to grow. What people believe at 11.00 is not always true at 3.00. JMO
It's because not enough people have developed the right combination of mental disorders to take it to that level YET.
Your post seems so familiar----Was that you that wrote the same thing about NFLX about 2 1/2 years ago.ETC ETC ETC You just never know if management can turn things around. OOPS ID 2/4 Never Mind.
Don't get me wrong, I'm not discounting Dow Theory----I'm just saying it's not as cut and dry as it used to be. Trading has changed--High Frequency---Retail Traders-----Most of Wall Street trades with the same herd psychology as a lot of the retail traders. (there are always a few that excel in any endeavor) Even many highly educated chartists aren't making money probably because they tried to learn their way to profits instead of creating a strategy and plan that work and trading it consistently. Oh well Enough babbling.
I've heard the theory that smart money buys at the bottom(accumulation) but I question the relevancy in today's market. There is a lot more going on in the market today than there was 30 years ago. It seems that Wall Street trades with as much emotion as retail traders. I also have to question the small returns of most of the hedge funds and mutual funds. So, I like you, trade the chart----keep loses low while looking for the winner. Good Trading.
So, if you're looking at a 5 year time line,(with consistent growth) then I should have time to wait for it to get out of this penny stock area and establish a trend reversal before making a move. Or do you think it will make such a quick move that to enter would be trade chasing?