He hasn't been credible for quite a while now. He just likes to stir things up, bully people, and brag about how he beats up on his cyber-haters. He's worthless as a reporter.
And, he should know better - he must know that Icahn would never, ever, ever get into this from the long side. Icahn is a smart guy, and a long position in this stock at this time cannot be defended. Period.
Sorry, longs. Facts are facts.
Search for "drury lumber liquidators" for the class action suit details. All HD and LOW samples, as well as LL "made in the USA" samples, have passed. All 300 of the LL Chinese samples have failed. How this is going to play out doesn't take a genius.
Don't fall for today's bait with this pop, unless you want to punish yourself.
Still short, and still confident.
Thank you, thank you, thank you. Shorted a bunch more here at $48.22.
Laugh all you want, delusional longs. I'm a happy camper!!
Best of luck.
As shown in the previous threads detailing my shorts, I've already covered and made significant profits, so I'm working with house money now. And yes, conviction is the right term. That's what I have in spades, and that's why I keep adding when it pops like this - cuz as has been shown repeatedly, it always comes back down. Retail longs get swept up, go for the bait and bid it up, then get left holding the bag when the bait is withdrawn and the pros take their profits. I'm not worried a bit.
Best of luck.
Already did, read the whole thread (added at $35). I know where it's going (down) so any significant pops over $30 will probably lead me to add even more (though I doubt that will even happen again, though I could be wrong). Hard to resist the temptation when you know that the hit to sales will be huge (see next qtr's report) and what the resultant drop in share price will be along the way.
Taunt me all you want, but I'll see you near $20. Guaranteed. Been doing this 30 years. And pretty good at it, too. :)
Best of luck.
You can't possibly believe that. Methinks the hopium has taken over. Get some professional help. :)
I'm in hog heaven, y'all!! As promised, have shorted more here at $40.72-$40.74.
Mo' money, mo' money, mo' money......
Much love and luck to all. :)
LOL, nailed it!!! Didn't even have to wait a couple of days. Immediate results - booyah!
It might be volatile today (options expiry), but next week it's downward ho. :)
Thank you, thank you very much.
Funny how this is being bid up, despite the big picture being (still) solidly bad. That's fine, let the lemmings bid it up like usual, so us shorts can short more. All I can say is thank you, thank you very much. :)
Enjoy it while it lasts. Tomorrow's close will likely be below today's close, when all is said and done. If not tomorrow, surely within a couple of trading days.
Best of luck to all.
I should make clear that this post is an hour old. Dunno why it is just now showing up.
Keeping it 100, fyi. :)
I still have 1/3 of my original position left from my short at $56 (see my previous thread "
I'm short again" going back to November) and today is like a gift from above. Have added a significant new short position here at $38.52-38.56. Might add some more if it moves higher.
Thank you again, short Gods. :)
Best of luck to everyone.
Complete and utter nonsense. He wouldn't come near this with a mile-long pole. Just chatter to goose the price. Won't last.
Amazing what the masses will believe...sad, actually.
While I don't score my trades by how they are doing in the first few minutes, the share price is down about 2 bucks from where I added to my short ($35.01-$35.09). So, not too bad, but I know enough to know that there will be wild swings both ways, so the current gains mean nothing. I may be losing later today, who knows? But I know this - as I said the other day, I will be first covering in the mid-low $20s, and further lower still for the balance.
Best of luck to you.
Will be adding significantly to my short position this morning. This pop is a gift from above, and will be short lived.
See you in the low $20s, and good luck all.
They've still got a $28M contract with BARDA to develop the next gen. anthrax product, so unless something's changed that they haven't announced, I doubt they are planning to distribute the money and close-up shop. They're likely to have a $200M cash windfall soon, why would they shut it all down? I'm sure they have significant plans for expansion post-windfall.
OMG, it moved up a buck! What will I do????? (Oops, it's now back down to where I entered, go figure, lol).
Stocks don't move in a straight line, so when a stock moves against me a little, I don't panic.
I guarantee you I'll be covering in the mid $20s (half of it) and the rest lower still. To each his own, right? :)
OMG - hadn't seen this thread! Out-phackin-standing!! Great laughs on a Monday morning.
Can't wait til this board is shut down.