Got to deal with flippers who bought that panic selloff yesterday. Then there's the option BS. Then in October there might still be some tax selling although I think at lot has already been done. It's something you have to deal with after this kind of crash. Don't get discouraged, and for god's sake - DON'T LISTEN TO THESE TROLLS.
the thing that amazes me is he has made some of the worst short term calls I have ever seen and yet he comes here with no shame trying to scare people. I absolutely hate that kind of bottom feeder
same old BS. Probably sold a bunch of them short at 8-9 cents or whatever they could get on the bid, close worthless.
Hahahah. Not going there. WLT still has a lot of entrenched shorts who firmly believe it will have to file Ch. 11. Management says no and I believe them. DRYS short interest is next to nothing now. Depends on your stomach for risk. I think the WLT 4 strike January calls could return over 100%.
I don't have time to look. This has the look of an options manipulation. I backflipped some (not enough) from 1.10 to .97, looks to me like option BS
I hear you. Notice many of the same jerks that troll the CLF board are here too. BTW, I saw some good research on CLF last night, nothing about iron ore but more about Casa and their likelihood of success.
I think the guy who mentioned a debt for equity sway yesterday was probably right. I doubt it would have gone much under that 3.39 number if there wasn't that stupid Goldman hack job and of course, the quarter is ending too and everything is a source of funds to buy that ridiculous Alibaba (I'm going to short YHOO since you can't short Alibaba yet). I don't need to tell you the stock is down over 98% this year. That is ludicrous. My guess is and I have heard from some shorts in this on Twitter, that the short interest will be quite reduced, as it should be. This isn't going to zero. I never understood why people got all excited about buying a stock with 60% short interest. That is bad, not good. Sure, there can be short squeezes but they will get it back down until their rationale is no longer valid. You want the short interest back down to reasonable levels to get a sustained recovery.
Yeah, I suggested that awhile back, that maybe he was going to Africa as an Ebola guinea pig since he certainly can't afford to pay for it.