that's the $64,000 question. GPro getting whacked today and therefore so is AMBA. Makes no sense but that doesn't seem to be changing. 10 pts off it's high still for no reason in a very powerful market. What's going to happen in a bad market. This truly stinks
I was telling everyone to buy LYB at $70. I was pounding the table not sure anyone listened
cheetah this thing still is not bouncing like it should but many techs aren't as you say only SWKS is making new highs
it wil have it's day much more than just gopro
This has ben going on too long being so tied to GPRO. Makes no sense. With this market should easily be over $50. Just buy down here. I keep making additional $ with covered calls
Yea I'll give it to earnings also. I've made a lot of $ on it this year because I've written covered calls on it every week and I've only been called a few times. Got back in a little over $35 as I thought it would break out.
could it be profit taking by those with good gains this year using the gains to offset tax losses in other stocks. Doesn't even pop with the market when it goes up
wow is it really 7 days in a row. Can't figure it out. Don't see it being tax loss selling so maybe it's year end profit taking to offset tax losses people are taking.
It's happening to every stock. Hang in there. My account was up $56K at 1:00ish and finished up $6K. I am just happy I made money. Been a brutal few weeks
was up $56K when I got home and checked it was up $6K. That's how crazy the market is. I have 10 stocks in that account. Thought I was going to have a big day. At least I made money but very frustrating
me too. Hey Cheetah I totally agree with you on you can no longer buy and hold like SVS says. Good for him if he really bought SWKS at 6.52 and has held. That could change in a heart beat. I was buying 3D Systems in the high teens before anyone knew what 3D printing was. I rode it up to the 90's (in and out a few times to be honest) but made a lot of $$$. I finally sold on the way down around $80. Where would I be today if I held it till now.
sorry typo meant 100 points. But the dow is about to go negative. This is totally insane. Guaranteed this drives out retail guy again. Putin making a speech is the supposed reason
this makes no sense. Who is buying and selling so quickly. Totally insane
cheetah you are right on second of all I take svs with a grain of salt. I don't know how many shares he has but to retire on a stock that just starting paying dividends at 40 is highly suspicious. I don't believe him at all
this stock was $58 a couple of weeks ago