The highest price for YHOO in 2006 after the split was $43.66 I think we are on the way there at the end of January 2014.. We will have some resistance in that price range or so...then it depend on revenue and earnings for the 4th quarter and guidance for 2014, I believe we are going stellar with it!
Sentiment: Strong Buy
You're an amateur with no vision...The past isn't the future for GROUPON! Keep on shorting I'll be laughing when you have to cover at $20 in 2014. I made my choice bought another 5000K against all the bashing from the media and anal-yst! We will see who's laughing in 2014.
"Watch the action on Yhoo on Monday"
I will be watching YHOO going to $38.00 next week Sleep well this weekend.
Resistance 1: $36.89 DONE!
Resistance 2: $37.14 Today DONE!
Resistance 3: $37.53 ? After this resistance we are going to $40! Come on baby!!!!!!!
Almost 3 million yahoo shares traded in premarket Going to $38 by end of November
Sentiment: Strong Buy
From: Daily Ticker
'Her whole focus has been on the forward guidance – the communication that the Fed gives about the outlook for interest rates,' says Michelle Girard, chief U.S. economist at RBS. 'And a lot of her work suggests rates may not to be raised until 2016 maybe 2017.
go on yahoo search type: counterfeit naked shorting stocks - it will give you many articles on the subject
@ Youis, There’s a way to stop shorts from borrowing your shares with out taking them in your possession. Call your broker and place a GTC (Good Till Cancel) sell order on your long position at a higher price. i.e. let say: Sell GRPN at $25.00 per share, doing so the broker cannot borrow your shares to short and you don’t have to pull your shares out of the account. I know one-person wont stop the shorting but if everyone and his uncle does it, it will make a small dent also it depends how many millions of shares are in the float and institutions owned.
I'll give you few hints why I invested more in GRPN. I use Groupon almost everyday for restaurants, merchandise and other great deals. When I saw the 100,000 plus of gift card purchased for starbucks deal, it blew my mind. Imagine when other big company will take notice of the potential of new costumers and the advertising power from clicks in such deals? I also compared some of the deals with other E merchants on line and groupon always comes with better discounts. I have friends in Europe saying the groupon deals are the best thing that ever happened to them. The new acquisition of Ticket Monster in South Korea will give the company an easy open door into the Asian market for growth and future earnings. Now I don’t know what GRPN price will be at the end of the year…but IMO It will be more than $12.00 I also believe that this holiday season Groupon will be loaded with great deals on gift & merchandise. The 4th quarter will be much much better.
Media assault — The shorts, in order to realize their profit, must ultimately purchase real shares at a price much cheaper than what they shorted at. These real shares come from the investing public who panics and sells into the manipulation. Panic is induced with assistance from the financial media.
The shorts have “friendly” reporters with the Dow Jones News Agency, the Wall Street Journal, Barrons, the New York Times, Gannett Publications (USA Today and the Arizona Republic), CNBC and others. The common thread: A number of the “friendly” reporters worked for The Street.com, an Internet advisory service that hedge-fund managers David Rocker and Jim Cramer owned. This alumni association supported the short attack by producing slanted, libelous, innuendo laden stories that disparaged the company, as it was being crashed.
One of the more outrageous stories was a front-page story in USA Today during a short crash of TASER’s stock price in June 2005. The story was almost a full page and the reporter concluded that TASER’s electrical jolt was the same as an electric chair — proof positive that TASERs did indeed kill innocent people.
To reach that conclusion the reporter over estimated the TASER’s amperage by a factor of one million times. This “mistake” was made despite a detailed technical briefing by TASER to seven USA Today editors two weeks prior to the story. The explanation “Due to a mathematical error” appeared three days later — after the damage was done to the stock price.
I doubt SCOTTRADE is involved in organized short selling, The SEC keeps both eyes open on those firm. But then you never know, maybe some time they take advantage of the situation making it worse, I believe mostly is done by offshore accounts.
The shorts manipulate the laws of supply and demand by flooding the offer side with counterfeit shares. They will do what has been called a short down ladder. It works as follows: Short A will sell a counterfeit share at $10. Short B will purchase that counterfeit share covering a previously open position. Short B will then offer a short (counterfeit) share at $9. Short A will hit that offer, or short B will come down and hit Short A’s $9 bid. Short A buys the share for $9, covering his open $10 short and booking a $1 profit.
By repeating this process the shorts can put the stock price in a downward spiral. If there happens to be significant long buying, then the shorts draw from their reserve of “strategic fails-to-deliver” and flood the market with an avalanche of counterfeit shares that overwhelm the buy side demand. Attack days routinely see eighty percent or more of the shares offered for sale as counterfeit. Company news days are frequently attack days since the news will “mask” the extraordinary high volume. It doesn’t matter whether it is good news or bad news.
Flooding the market with shares requires foot soldiers to swamp the market with counterfeit shares. An off-shore hedge fund devised a remarkably effective incentive program to motivate the traders at certain broker dealers
(1) Organized short attacks
Here is a story that describes the total game plan.
The Anatomy of a Short Attack — Abusive shorting are not random acts of a renegade hedge funds, but rather a coordinated business plan that is carried out by a collusive consortium of hedge funds and prime brokers, with help from their friends at the DTC and major clearinghouses. Potential target companies are identified, analyzed and prioritized. The attack is planned to its most minute detail.
The plan consists of taking a large short position, then crushing the stock price, and, if possible, putting the company into bankruptcy. Bankrupting the company is a short homerun because they never have to buy real shares to cover and they don’t pay taxes on the ill-gotten gain.
When it is time to drive the stock price down, a blitzkrieg is unleashed against the company by a cabal of short hedge funds and prime brokers. The playbook is very similar from attack to attack, and the participating prime brokers and lead shorts are fairly consistent as well.
Typical tactics include the following:
1. Flooding the offer side of the board — Ultimately the price of a stock is found at the balance point where supply (offer) and demand (bid) for the shares find equilibrium. This equation happens every day for every stock traded. On days when more people want to buy than want to sell, the price goes up, and, conversely, when shares offered for sale exceed the demand, the price goes down.