How much have you lost shorting in the low 400's. Apple will catch google; you can bank on it. Personally I would like to see appl do a 4-1 split to help thin out the shorts.
What's holding this up this morning...discounting earning news. I actually expected pre-market to be down 4-6% but POT is holding up nicely.
Like the $7 offering they propped the price up over the offering and then it dropped under $5. My guess they will do this again. Looking for low 4's to play this again. Keep your stops tight.
I think they'll be plenty of vol today unfortunately. At the $6 offering this held for the first week and dropped like a 5lb rock falling from FL350.
Analyst low is $6 with an average of $11 Higt Target is $22. Keeping the facts straight shortie
Spread that chart out a year...why would anyone short again until it reaches $9-10
Yeah with a PE of 12...get real. Go check out Netflix, Tesla, and the other 100 600 P/E stocks. Your a blumming idiot IMHO.
Bloomberg said 2B tops...trading now 2.6 Will burn cash before they can sell company.