MOMENTUM
Fidelity did and still does have shares to short.
trying to be right all the time in trading is the #1 mistake amateur traders ,make. The key is to trade well not to be right 100% of the time
This is not a battle between shorts and Long. It is pricing the stock with all facts and information rationally accounted for. The stock should not be trading above $15
Back to $4
bring liquidity to the market. it is these morons who transfer wealth from their brokerage accounts to day traders like me. Thank you
All the way to $15 mind you. Just watch what happen next
The new short positions opened above 25 will greatly benefit. Key support is at 18.56 then 16.35
I said respond after 4 pm Friday. You will get your answer by then.
Cannot tell how i know but trust me.. Come back on friday at 4 pm to respond
Will eventually get out of this hopium stock at $15
Ignore the pathetic "news".. news does not mean a hedge fund talking about their holdings, or an amateur trader writing an opinion on seeking alpha... With all due diligence, the market and UNXL are both poised for a selloff and with the Fed news today, UNXL will easily see mid teens by next week
Never let your position affect your view of where a stock is headed
Cowen announcing their holding is a desperate attempt to calm the fires. But it is not working and they will lose money along with all the bagholders. See this too many times in my trading life. Big hedge fund/mutual fund gets screwed, makes press releases reiterating confidence in the company and eventually get wiped out as do bagholders who gullibly swim with them
Best post of the day
Hope does not bring back lost money