A company makes nice profits but Wall Street makes its money by shorting stocks to the point of bankruptcy, then run them up to nose bleed levels. Guy Adami once said price is truth but I no longer agree.
The last time I heard him get on a rant was with GMCR. It almost broke the company and made a few NY hedgies a lot of money. But look how good the company is doing today. He gets on the short wagon and cries like he knows the company's books personally. Herb says storage is a commodity and is worth little at present. Why is GOOG, AMZN, MSFT, etc. all loading up on storage space? There is a huge future in this young field.
I blocked a couple of "know it alls" that guaranteed $8-9 per share then another said $5-7. I like helpful data. Guy Adami says price is truth and eventually the market trades where it does the most traders the most damage.
The writer of this topic is correct. It came out at 10:10am this morning and in the News section on Trade Architect under quote detail for RAX. Thank you for the info.
I use Ameritrade and Think or Swim and I don't see the news you are suggesting on either site.
Opens up without buying or selling shares, then at the open somebody with connections dumps 35,000 shares, head fake rally up on no volume, give it all back before first break. No, this table is not rigged. Did you read the article about Michael Lewis the financial author this morning?
Scalpers take it all away and then some each afternoon. Such a shame that on the past several one hundred point gains the scalpers still destroy another company. We can only hope the bloodshed stops soon. How can we know when the end of this has come?
Morgan Stanley's analyst said this was an upgraded stock. The next two days the news wires has bad news concerning product pricing. My point is Morgan should step up and backstop the stock instead of letting it run through 30. I have not seen a stock drop so fast since Herb Greenberg was selling GMCR bad news.
We'll find out in the morning whether Morgan Stanley will put their money where their analyst's mouth is or whether they are playing the Wall Street game and set up the brief rise yesterday for their clients to escape the trade. This #$%$ happens far too often for it to be coincidence. AWS will still be over-priced if it was $200 per share.
Yes, they each are warehouses for information but Rackspace also provides hybrid services as well as managed hosting. They will write the programs you need, manage the equipment, and provide service for all of these services. Until Wall Street decides use the same gauge those that own RAX stock will be feeling the pain.
Every time I look at this stock it has fallen further. The big traders with their algorithms and legal skimming know exactly what the numbers are and what the stock price will be shortly after close. Its a shame to know there are still dark corners of the market the SEC doesn't watch. Look how AAPL traded steady until their numbers were out. MLNX on the other hand has been falling steady for days.
Nobody will buy when you can see you are fighting the computer traders. Nothing is fair in this life. Oh yeah, TSLA is up again today. Let's all get on the stupid train.
The jewish traders have devalued world stocks while running world debt and markets to record levels. Don't believe for one second this is by coincidence. The politicians have sold us out for 10 cents on the dollars. The control all the media and trading on Wall Street. It does affect you and your grandchildren. The biggest banks will not hire them in New York at the highest levels so they become traders and lawyers. If you want facts I have more.
How is it every time someone goes on record a stock is upgraded the next day the big traders knock it off of the ladder? Now we have almost gone to crash mode. Same old story. The boys in the loop make money both ways, the rest of us Gentiles are left starving.
We don't really know what going on, neither does CNBC, Cramer, or Slobbery Sullivan. We do know that the short, beady-eyed traders with the little black hats will use big money and HFT to push a stock to lofty heights or bankrupt it because they already know where it will land. They have created a system that creates wealth for them either way. They don't care about fairness or jobs, only quick powerful money in their pockets, to hell with human lives. JCP was once a good place to shop. Wall Street doesn't shop there so they are happy to crush them for the money. Happy Hanukkah, what a scam.
Its never exhausted. After Christmas it will be much worse. Options are the worst enemy of a publicly traded stock.
Shows Wall Street puts the price where ever they want it whenever they it. Screw the NYC Jews and Wall Street and your liberal president (puppet). You don't mind screwing up this country, you have several more left to screw up since you don't have your own place to call Home.