Please don't concern yourself with garbage boy. He isn't worth the effort. He still thinks the Earth is flat.
He seems to have serious issues. Have you thought about getting some counseling for him? I don't know if it would help him ... he might be too far gone. It might be worth a shot though. Please think about it... for his sake. It is the holiday season after all.
Ummm, the stock price movements are creating those charts you hold so dear, not the other way around. One day maybe you will learn that tidbit.
Shorts usually disappear at times like this when the stock goes up. Wait till it goes down a dime and they will come flocking back. Happens every time.
HEY!! I resemble that remark :) For the record, I am relaxed. I am looking for another dip in the stock price so I can buy more for a better price average again. If it continues to trend up, that's okay too.
700 points in the Dow in two days brought it back. XRX is a 1.2 beta stock so it will move pretty much with the market.
IT and cloud are hot right now. Why is Xerox selling this part of the business? Seems like bad strategy to me.
One sign that shorts are covering is when the BIDs are big with each increase in stock price. I'm not seeing that kind of action much. With the recent good news, I would think the trend has changed to up so shorts should cover and move to something that has more profit potential. Who knows though.
Right now the pre-market volume is less than 100K shares. With such high short interest, might see a further nice bump on some serious short covering. :)
Responding to you anymore is not worth my time. Am going to go watch RAD and AKS for a while. Much more interesting than conversing with someone as low as you.
I have no position either garbage boy. Am making nice change in RAD and AKS though. Move along little amateur.
Management signaled support by buying stock in the low $6's. This good news explains why management hasn't bought any more recently. There are laws against management buying company stock right before material news. I think a 37% increase in shipments after warning of an outage sure qualifies as significant positive news! A 10% pop before the end of the week is certainly possible. I wonder if shorts will start to cover or just take it in the ...account balance... :)
37% increase in shipments this quarter on lower raw material costs... when management initially warned of a hit because of planned maintenance to a plant. The stock was $7.50 when the company beat earnings last quarter and provided the warning. Now we see a STRONG improvement in shipments. Should be back to $7.50 (at least) in very short order. Speaking of "shorts"... short covering just might help improve the stock price even faster. I only wish I had purchased more in the low $5's.
Gap from $7.50 still needs to be filled. Don't know if it will happen by year end though.
Sell options rather than buy them. Play the house side of the game instead of the gambler side.