I'm talking about trading this stock. The novice has been selling or shorting into the sharp rises (thinking it can't go up anymore or that it has topped out; I've been buying the dips and selling back to them at close. Easy money so far. So yes, I am on a high...LOL
I don't know what it is? Options expiration? Everything is telling me to load up and play the short covering run-up...
I don't think those numbers matter as much to the retail. The stock price doesn't go up $1.43 (4%) on a down day without retail shorts and Put buyers. That's just my opinion.
I'm sorry...that's mean. It's not over. Still too many holding out 'til the end of day and some new shorts getting in. It's going to go up into the close.
Why step in front of the bus and try to change it's direction? Jump on and catch the ride! I was wrong when it moved from 46 to 47 but then hitched a ride on this freight train...and what a ride! $5 dollar move up! And I'm going to stay on.
Options expiration tomorrow. They won't take the shares up this hard and fast just to have it crash. Shorts will have to give in.
I don't have that information but one thing to think about is that if they did, someone else bought 450,000 shares...
Options prices and stock price actions are supporting this as well as fear of end of the work and the fiscal cliff
That's the pattern it's been following in the past few days.
Sentiment: Strong Sell