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Bank of America Corporation Message Board

leehab22 30 posts  |  Last Activity: 18 hours ago Member since: Jan 25, 2006
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  • Short interest went UP by one Mil shares to around 10 mil at last reporting . We knew that would happen as shorts were trying extremely hard to drop the stock below $28 / $27 and buyers rushed in and then the stock broke to the upside touching $31 and that is when shorts decided to short more and drop it below $30 and they did but stock moved up again well over $30 .

    Today shorts thought by dumping 2 mil shares they can damage the stock and take it way below $30 but that was a mistake and they ended up wasting 4.5 mil shares and still stock closed over $30

    Being very, very frustrated, shorts went after the stock in AH and dumped some shares but then the stock went higher . So what do short sellers do ? they sold 100 shares at $29.65 to show AH drop .

    I am in OPK also and shorts there are as stupid as these shorts are . They shorted more and more to keep OPK around $14 but all of sudden the stock jumped to $18 with 40 mil shares shorted .

    I intend to stay with both for a long time as I believe they will go much , much higher .

  • Dr. Frost has been buying the stock as it climbs and last month he bought 1.7 Mil Shares at $14.50 . Short sellers thought he was crazy . Now all of a sudden $14.50 looks a bargain and short sellers look like Idiots .

    Short interest is going up because shorts have no choice but to short more to slow down the upside and sell in Pre-Market to damage the stock . Idiots

  • leehab22 by leehab22 May 12, 2015 7:16 PM Flag

    This is a Long Term holding to rip the huge benefits . Dr Frost has been buying the stock as the stock has climbed suggesting fantastic rewards in the future . Stop judging the stock performance on a daily or hourly basis as short sellers have been doing to get us to sell

  • leehab22 by leehab22 May 8, 2015 9:44 AM Flag

    I got in last month and thought the report was excellent with very bright future ahead

  • Reply to

    The Problem

    by leehab22 May 4, 2015 11:19 AM
    leehab22 leehab22 May 4, 2015 2:41 PM Flag

    I lost some money on this trash when I sold on Friday . It seems logical to me to post my view so that others do Not fall in to this trap . Company said revenue will be down again . If that is the companies you like , then buy more .

    My guess is you are the hedge fund who bought more at higher price and now trying to trap people so that you can sell to them ..

    Finally, instead of posting nonsense , if you can post solid arguments and we know you can not do that .

  • leehab22 by leehab22 May 4, 2015 11:19 AM Flag

    Every business regardless of what it is has to have consumer driven demand directly or indirectly to survive .
    Facebook, Twitter, rails, telecom, etc need consumers. Facebook need to add people so that advertisers are encouraged to advertise , Google need people to click more to make more money . So consumers hold the key to any business survive and prosper . Cloud is getting huge because of massive videos and data consumers are generating . So consumer the key .

    This company products and especially its services are not consumers demand driven . Every cell phone we carry has data service and thus we are not demanding Wi-Fi from businesses . Businesses will do whatever to cut cost down and thus are not offering free Wi-Fi . Most large businesses are hard wired and thus no need for Wi-Fi . Some malls offer it but they manage that themselves .

    Now Eero Wireless , a disruptive technology is entering the market with absolute easy wireless set up for homes and small businesses . Now if there are some small businesses using Rkus , you can be sure they will leave because they will save a lot of money .

    This company is old and has been in this business for a long time and never prospered and revenue has stayed dismal and declining .

    Finally , Cisco Meraki is the leader in cloud controlled WiFi, routing, and security. It is Secure and scalable . This company has a long way to go to even come close to Cisco . Cisco is the king and that is why Facebook has partnered with them .

    This stock will continue to drop as there is no demand for it

  • leehab22 leehab22 May 1, 2015 5:51 PM Flag

    First, the company missed last Q and this Q . That is fact . The reason is the company did not enlist more businesses and could not raise prices . That means there is no real demand . That also is fact .

    If the product was edge cutting , businesses would have rushed and signed up .

    Regarding Google . Right now you are hanging your hat on a rumor and " if " . But Google goes around and throw money at different technologies to open up market so that more people click and use Google so that Google can make money. Just about every business Google tackled they lost money and left it . Example is Eye glass, phone, nest and etc. Google is not making a dime on them and in fact losing money on them.

    In social media Facebook is and will remain leader but they are working on a totally different idea . Every company is working on a different platform and more companies are entering the field.

    Xfinity is now offering Wi-Fi to its business customers as well as residential customers .

    The stock is down from $15.00 to $10.00 because revenue is declining because there is no demand . As I said before next Q will be the same sad story and stock will drop again .

    Hang on to your rumor and watch your money disappear .

  • leehab22 leehab22 May 1, 2015 1:27 PM Flag

    I was in the stock and sold today . It is a hopeless company . There are some new technology emerging in this area which is already crowded . Plus you talk about Cloud as if it is a big deal and can save this company . This company provides Wi-Fi which has , in theory, nothing to do with Cloud . Cloud is a server in a different location and it does not matter which way you connect to it . Comcast is now offering Wi-Fi to business customers and Amazon being the biggest lion in this area no doubt will capture all aspect of Cloud to make it easier for its customer . Also couple of new companies announced new technology creating easier, faster, and more secured Wi-Fi for consumers and enterprise . My guess is next earning will be a greater disappointment

  • leehab22 by leehab22 Apr 9, 2015 1:05 PM Flag

    Everyday the second the market opens some short sellers dump 150K shares and drop the stock and continue to do so to break down the stock and when they fail and stock comes up then there is no one to sell at higher price . Go figure .

    This action shows the short sellers are afraid of $15.00 and have been doing every thing they could to stop the stock .

    The question is : Do you go with the CEO who bought shares at $14.50 or short sellers who shorted the stock at $4.00 .

  • leehab22 by leehab22 Apr 1, 2015 1:22 PM Flag

    Short sellers take advantage of market down days to take this stock down and today they tried very hard to take it below $14.00 and you see trading has dropped to one trade every 2 or maybe 3 minutes . These Idiots are really stupid having shorted the stock from when the stock was well below $5.00 and still trying to drop the stock as if the stock drops below $14.00 we all will rush to sell .

    CEO has been buying shares even when the stock has been rising and at prices like $14.50 while short sellers have been adding to position thus increasing losses . That is what I call Smart Move .
    Not only that , short sellers also buy shares on open market constantly and sell them the next minute to the bid thus taking more losses .

    Way to go short sellers

  • leehab22 leehab22 Mar 30, 2015 4:33 PM Flag

    I am with you exactly . The strong pipeline and the stage they are in , mostly in phase 2 and 3

    Also, the insiders buying as the stock is rising and adding more to their positions is fantastic .

    I also sold my IBM and took a big loss and bought lot more shares of this stock even close to $14.00 which was a smart move .

    CEO bought lot more at $14.35 & $14.50 so mine was a bargain

  • leehab22 leehab22 Mar 30, 2015 11:34 AM Flag

    Extremely bullish and very beneficial for the company as well

  • leehab22 by leehab22 Mar 26, 2015 3:59 PM Flag

    Yesterday short sellers were astonished for no one selling while market dropped 300 points and at last 3 minutes they dumped 750K to drop the stock and keep it there for what reason , well I say Stupidity .

    Again , today they are selling to keep the stock from rising but we are . There is absolutely no seller in sight .

    Would you Not feel Stupid if you sold while the CEO is buying shares even as high as $14.50 and even yesterday .

    Then look at short sellers messages posted here . Pure Nonsense . All their actions + messages indicate nervousness

  • Reply to

    barrington research

    by tinysboy312 Mar 26, 2015 7:17 AM
    leehab22 leehab22 Mar 26, 2015 10:35 AM Flag

    Nice , but to me the CEO is the best indicator for the future . The CEO has been buying shares constantly and even bought yesterday .

    Yesterday we had no volume and it was mostly short sellers trying to drop the price .

  • The stock build a very good base around $14.00 with every day total volume of 2.5 mil shares .

    Today in around 2 hours we have done 2 mil shares pushing the stock through $15.00 which short sellers tried extremely hard to block .

    But with the CEO buying shares from right and left and as the price was rising as well and again buying 14,000
    just last week paying $14.50 . You know when CEO pays $14.50 to buy shares, the stock is poised to go much, much higher

  • Look at the CEO buying Millions of shares + options even @ $14.50 price like 1.7 Mil Shares couple of days ago . Pay attention he bought 1.7 Million Shares and Not dollars . The alone is a very strong vote of confidence for this company and indication of Fantastic future .

    Now check AH . Around 17,000 shares traded and all @ $14.67 but final trade was 100 shares @ $14.60

    But when you check the time no trade was done for 2 hours except 100 shares at the last second @ 9:00 P.M.
    Let me get this straight . @ 9:00 P.M. ? and only 100 shares

    Of course we know that trade was pushed in by the short sellers so that any one checking the stock price via Yahoo sees that in AH the stock was down .07 cent .

    It shows that short sellers are nervous and thus making stupid decisions . I would be more than nervous if I had shorted a stock heavily around $6.00 and stock had gone up to mid $14.00 and the CEO buying shares even at current prices and large sizes like 1.7 mil shares

  • Reply to

    Check out latest Form 4's

    by cyoung8404 Mar 19, 2015 5:07 PM
    leehab22 leehab22 Mar 19, 2015 11:16 PM Flag

    My guess is some thing Big is in the process . These insiders , especially the CEO, are adding tremendous amount of shares even at these prices .

    Reward must be very huge

  • Reply to

    Why We Are In An Excellent Situation

    by leehab22 Mar 19, 2015 3:45 PM
    leehab22 leehab22 Mar 19, 2015 7:31 PM Flag

    Currently the float is around 237 mil shares . However, when you short a stock the number increases because the shares are borrowed and then sold . In this case 45 mil shares shorted which in reality increases the float to 282 mil shares . Of course these shares are borrowed and at one point they need to be returned to its owner .

  • Short sellers are afraid of stock moving over $15.00 and for that they will do any thing possible to prevent it .

    That puts us in the best situations because shorts will have no choice but to short more and buy shares at higher price and sell it to the bid at lower price which means more losses for them .

    Think about low volume and covering short position of 45 mil shares on float of only 220 mil shares

    We are in Heaven

  • Well, 25,400 shares were traded and 25,150 shares were traded @ $14.67 and at last minute 250 shares were sold @ $14.50 by some one . Do I need to say Short sellers .

    With volume dropping significantly and 40% of volume being due to short sellers buying shares on open market and selling them to the bid , there are not any sellers in sight which spell trouble for short sellers .

    Yet, since stock was around $8.00 these Idiots have appeared on this board posting nonsense while the stock has gone up to $14.66 creating huge Losses for short seller . Can you imagine 45 Mil shares shorted and practically no shares are available .

    Finally , how stupid can any one be to hang on to a short position while the CEO has been piling up on shares as recently as a week ago and at price of $ 14.35 I rest my case

16.76+0.03(+0.18%)2:06 PMEDT