Not to think for 1 second the Fast Money pundits are preaching the gospel of investing BUT when they throw red flags up, it might be prudent to pay attention and understand why they said what they did.
"X" is NOT only subjected to the global fiasco BUT when a major client (CHINA) falls off the wall and the golden egg cracks and leaks, it might be time to understand WHY and what the long term ramifications are! When you understand they only have $1.3 Trillion available as an emergency fund in reserve, you might want to quickly reflect and assume the powers at be really have lost control and cannot keep supporting the Shanghai Index without jeopardizing their global economic position.
"X" is nothing more than a victim of their greed and vanity and hence when they report this evening, it does not take a nuclear physicist to figure out how quickly the knife will fall on the Investors who hope and pray they can eek out a few pennies/share before it totally get annihilated. The Fast Money gang only are making people aware...that's all
a couple of scenario's to consider. 1) it falls like a knife to ~$14 range and b) should it be Ugly reporting tonight and blows thru the $14 range... it'll be headed to $9 in a heartbeat. Back in 2003 "X" was at ~$9.83 OUCH! If the so called "Longs" on this board want to survive the BEAR rampage that's about to happen, then U may want to seriously consider where is the upside (NONE) and get smart! GL
some dude posted this morning that he was aware of big investors dumping on mass. Golly, He's right! I'm seeing 150,000 share (Block trades) being executed like candy. I might have to change my prediction here LOLOL
I doubt "X" will snap-up anything! If anything, it's going to BLOW-UP LOLOLOL. You Longs are delusional. Do U stooges honestly believe, "X" is the only company that is making $$? Too Funny. FYI, when they report AH the exit gates won't be able to handle the shares being dumped on mass. Not to scare anyone, but common sense says without a pipeline (KEYSTONE)...reduction in pipe for shale drillers and offshore operations, China playing Casper the Ghost, ...Who's left to buy steel? NOBODY. I figure they will miss by a country mile and we'll witness a $4 drop in share price and as the bulls run for the hills the Bears will be cashin in LOLOLOLOL
revealed that Guy Adami was hesitant to believe "X" was going to report anything good. He stated.."stay away" and expects it to get crushed.
I tend to agree due to the China debacle and deterioration in the sector is running high. Be careful "Longs"...wishful thinking is not a means to make cake. GL all
Guess U didn't get the message.... The television pundits today stated that "X" is headed lower. I personally can't knock it down 2chief but I'm quite certain all the other traders on this particular stock will see 2 it that it craters like an exploding volcano. So..2 answer your question.."Absolutely" yes, it's headed a lot lower. GL
Thats what makes a market you Village Idiot. Between U and "indexit", I can't imagine anyone with half a brain believes any of your dribble..... IDIOTS!!
Hey buddy,..... what crappola are U reporting. No one has released any information before official date and time. Don't type lies.... not credible. Losers and Liars are obviously in your domain. Don't think people on this or any other message board think your information is credible. GROW UP!
Paulson is dumping BUT that stooge Sculley is probably hangin, hangin on, because he received so many shares at $.00/share. Y'all remember that golden parachute financing he doled out to the executive... LOLOLOLOL
Oh..before I forget, Read a great Book last night. "How to build an Outhouse in 5 Minutes" authored by Willie Make-it and co-authored by Bettie Won't. LOLOLOLOLOL
Longs must be hoofen'r down the road by now? Just remember the box of "Depends" you'll likely need sooner than later. And oh by the way.... we just might see $8 tomorrow morning and August 4 is when this pathetic company reports..... Hmm, should be interesting to see if they make it LOLOLOL.
yeah, I agree. We could see this collapse to the ~$12 range sooner than later. I noticed some one sold 750,000 shares about 1.5 hours ago and the chart hardly budged.... Headed lower!
Chad... I kinda like this individual spouting off he's buying. His/Her $$ in our account's is a good thing :~) If he/she is that obsessed with going broke as a fence post.... let them LOLOLOLOLOLOLOLOLOL