Always possible, but the dollar has to get weaker, bottom line. ECB may do another QE, which will not help the dollar.
holding their bag.
I would have sold all many points ago. but I bet it heads down from here.
thanks for the reply. I am not sure where the figures for point 1 come from, but I will say they are fine. I think it's point 2 which is more critical. from what I read about Rax's management of a section of AMZN could services it was not a big money maker, and also could be viewed in a variety of ways for future growth, good and ad. It's not only a question of how Rax does in the transition, but the industry as well. I wish I understood the industry better but my gut is over the long run services is done in house by the giants and the giants win, not saying Rax is a bad company, just the way things often play out in business.
I thought the spin and the fact wall street and silicone valley investors should want this stock up I thought would take it up short term. Just watching it for now.
is you can not believe how the stocks keep falling, in this case lets say iron ore or steel stocks. And it seems like they can not get any cheaper and you buy thinking this is the bottom. but it keeps falling. These bottoms I think turn out to be more obvious if you had just waited. In the case of X some major event like limiting imports, or in a broader scope US dollar goes down. A real bottom seems to form when lots of people are starting to say this is getting too cheap, one of the rare cases where the majority are correct. I have not seen that yet If you are patient and wait for the all clear signal, which if you are smart enough to hear, and you may miss to bottom 10% dip, but you do not risk another 20%, is this the bottom yet dip.
square. If it could be done to somehow to easily credit the merchant, only reason I can think of SQ has a better cash back system, which I do not believe exist and will lower profits, or some sort of better buyer protection, perks,and which in the long run do not mean much. I am just trying to get at the larger market is the consumer (vs merchant) but I do not know how they can tap into it. Home readers for internet encryption and transmission transactions are out there already. Also how long till appl just builds a credit card chip reader into their phone, or it's an option on a model? I am looking to see how square acts short term. seems like the kind of stock which would rise on hope.
I have been following Rax for a long time. Why are you bullish? It seems like the sector is now over supplied, becoming more and more of a commodity. I look hard at stocks which have fallen this much, but it does seem many in the sector are not doing well in terms of profit and pricing.
I sold my trade at 9, probably should reload here but doing something else into the close.
but as I said I also did not expect to see it down this much. I bought some 12.50. We shall see
I do not think someone is shorting either, just surprised it's down this much, starting to wonder if someone is being forced to liquidate.
we shall see what happens on the bounce back to 9.
I do not think anyone could have forecast the decline in commodities in general, and energy prices to the current levels, china should not be a huge surprise. I wanted to buy back X during many parts of the decline, and did trade it and made a few bucks, but I was afraid to invest seeing the price action in other commodity stocks, particularly coal stocks.
I would not buy this company based on the drugs poor results alone. they must know more than is in the press on some sort of a drug is my guess, but seems like a very risky way to do this. After they filed for BK I do not understand why you would not just buy the intellectual property. It is one of the more bizarre take overs I have seen.
swimming with the fish just like some here will be soon