That's true too. Professional athletes are the most superstitious people on earth. They'll not change socks if they think changing will affect their play adversely. That's why some batting helmets look so beat-up--those players won't switch to a newer-looking one to save their lives.
A long squeeze doesn't happen that often, but TUES is headed there by November at the very latest when word starts to get out that the ballyhooed turnaround has fizzled. All ye longs, abandon hope.
Sentiment: Strong Sell
I wouldn't read a lot into an ERA drop. There are bunches of good pitchers whose ERA has dropped from their best numbers this season. The ERAs of the following are good examples Jake Peavy (4.72); Clay Buckholz (5.77); Tim Lincecum (4.64); Eric Bedard (4.76); CC Sabathia (5.28).
It's a lot like batting averages--they can go up or down for all kinds of reasons. Doesn't mean of course that the isoBlox hat caused the performance drop-off, but that would be a stretch given all the variables involved.
This doesn't happen here on Yahoo, right? RIGHT??
(From "Nerds on Wall Street")
Chapter 11 – Three Hundred Years of Stock Market Manipulations
As information technology has expanded the scope of resources available to legitimate investors and traders, the Web has also become the prime new venue for the old game of market manipulation. Institutional traders and other long-term market participants often comment that they see far more inexplicable price moves than they did in the pre-Web era. In many cases, these moves are tied to subtle, and not so subtle, attempts at market manipulation using the newfound power of the Internet to transmit and spread rumors, manipulate beliefs, and post incorrect information at little cost, while maintaining the cloak of anonymity.
"...to be right or make money?"
Sentiment: Strong Sell
And yet even in a bull market stocks with bad fundamentals DO go down.
smaycs, you have yet to make the case on purely financial grounds that TUES will go anywhere in the next couple of quarters. We have to give you the fact you have made money if you've been in it since the first few months of 2013 (less if later), but what are the financial grounds for confidence through the next year?
This could explain the upward climb--reverse squeeze?
Short Interest (Shares Short) 9,728,000
Days To Cover (Short Interest Ratio) 21.4
Short Percent of Float 23.60 %
Short Interest - Prior 8,681,000
Short % Increase / Decrease 12.06
Well, Rouleau notwithstanding, there's a ton of confidence in TUES's ability to somehow make a turnaround. That the stock has more than tripled over the last two years (since this date in 2012) boggles the mind. That they missed earnings by a penny doesn't prove a turnaround, but it's not an RSH collapse either.....yet.
Right Deek--I'm sure there will be consequences. The issue then, as higs points out, is *when.* I'm certain there are measures that can be taken that will ameliorate and even solve the problems. Whether those measures will be taken--IMHO like higher taxes on the wealthy that your hero Buffett recommends--is an open question.
...isn't entirely impossible. Bubbles--like the 2008 housing bubble--are building in at least a couple of areas: Student Loans and pension funds. We know about the student loan bubble. Google a Forbes article that starts ""Death of Zombie Pensions will be worse than" and you will see what is lurking out there with pension funds.
Combined with a possible crisis for social security driven by millions of retiring seniors who have practically no savings, there are storm clouds on the horizon. It will take some savvy legislators in Congress and the White House to work together to solve those problems. And the chances of THAT happening are....what? Less than 50%?
And now we've more than doubled since early July. Probably won't last; I'd imagine LTF is peeling off some profits knowing HTCH is likely to drop again before it gets better later this year/early next.
Sentiment: Strong Buy
And how sweet HTCH is lately. It's been a good summer; hopefully the good Deek is wrong about a crash in the next month.
My kids watched their favorite videos over and over again, and truth be told I did too, and enjoyed them. Littlest Mermaid, The Jungle Book, etc.
Forty years hence, I see Deek's grandkids sitting on the porch of his mansion, Deek in his rocking chair sipping on a little umbrella drink. "Grandpa, tell us that one again--about when you were NEVER wrong. Not once.
It *is* a great story.
Uhhh....like I said. Still time to get on board; 3.45 may be long gone.
Sentiment: Strong Buy
Good to see you Deek, you loveable curmudgeon, you. Hope your summer is going well.
Stories still coming out about players getting hit in the head with good ol' country hardballs. Hopefully those hits are knocking some sense into them. Health in. Style out. It's a matter of time.
Batting loves? That's interesting. Players get stung by pitches on the hands and wrists all the time. If they can make a lightweight glove that protects the back of the hand and wrists, I'm sure players would check it out. They already have stiff shin guards, but they might like something a bit more flexible.
Just catching up here...and just checked out the Jennings incident. That *was*scary. And it appeared to hit him on the temple as you said char, a spot where the ugly cap would probably have protected him.