you definetly have some experience cd.. they are treating Brazil like a financial crisis.. and PBR as an Enron.. hard to fight the tape.. or the negativety until we get a capitulation.. either they are accumulating here or will take it lower??? its a guessing game.. a game of chicken.. definetly my worse week of the year.. had 2 gap downs and sold 2 winners.. oh'well back to the drawing board..
you will have to excuse s.eranger.. his screen name is really d.eranged.. the $14.50 gap is going to take alot to overcome.. $13.50 is a real possibility.. and a test of the $12.03 lows is also possible.. everything on Brazil is negative whether we like it or not.. Wall Street is punking PBR.. everything this company does is not good enough yet they raise the earnings.. it is a joke! I reduced my position today and have 1/5 $13.50 covered calls and 2/5 414.00 covered calls.. below $13.50 and it is either "scale down" or "throw in the towel".. LOL..
there was no reason for the run-up for Chinese Solar this year other than Wall Street dumping cheap shares on the public.. STP and LDK are Bankrupt.. CSIQ run up to $30? whoever bought will be sorry just like whoever bought SOL $6.. these companies do nothing but spend money and lose money.. this management does nothing but miss and lie.. that is it..
SoL its dog meat..
they have been talking the talk but not walking the walk for a long time.. do you really believe these Chinese Crooks? credit ratings will be lowered to JUNK STATIS.. best time to bail is today otherwise you are looking at another STP.. check it out..
for the most part Chinese Solar is a scam.. look at STP and LDK.. they all should be Bankrupt by now.. but all they do is lose money.. SPWR only halfway decent one and they are not really that good.. solar 2013 nothing but a wall street pump and dump.. whoever did not sell this rally from the lows will regret it.. same with YELP Z and a host of other pump stocks!!!
maybe $3.50 but you never know.. these stocks are so manipulated.. definetly not a good investment.. in 5 years or less it will be on the PINK SHEETS if you are lucky to still buy and sell it
make up your mind damn it boy.. you sound CONFUSED and not an expert
EWZ staged a late day rally and appears to have reached a swing trade bottom.. also BRIC ( India ) stocks EPI & PIN broke above the 200 day ma.. its been a rough year for the Brazil & India Markets.. and that is why I am postioning myself for the year 2014 turnaround.. all the negativety, dark clouds, world is coming to an end is when I like to see truth in the face of the Wall Street B.S.. the double down gap was like a Hollywood Movie Script.. and the same clowns will put out a positive news release in order to sell all the shares they bought below $14.00.. on the cheap.. a never ending poker game.. ITS A BLUFF.. PBR is on the trail back!!!
at some point asset value will develope support.. the smart money will accumulate and hold.. while the weak hands get shaken out.. Argentina pulled a coup and stole from the shareholders and the stock goes from $9 to $30.. in the end Brazil can tell Wall Street to go F themselves and keep all the oil for themselves!!!
I have no idea? Just would like to believe this is in $12 - $18 trading range and buyers are accumulating at the lows and selling the highs.. as far as the media goes you never know what to believe.. lies rumours and a touch of truth hidden in there.. you want to know the truth.. Americans are blind.. Americans are su x ker s.. this Obamacare is worse than SOCIALISM.. it is DICTATORSHIP telling you have to have this plan or else you are breaking the law.. capitalist socialism and we cry about Brazil.. lol.. and our food supply is corporate soylent green.. I just got back from Thailand the freshest food supply on the planet.. I have been back 2 weeks and just bought another ticket back for another 6 weeks.. I cannot wait until I sell my house and get out of this freak show we call America.. and I am grateful for the opportunity to live here.. I just do not like what we have and are becoming..
I bought 1/7th position today at $13.82.. when it rallied to $14.06 wrote some 12/13 $14.00 covered calls for +.40 cents.. these weekly options are really nice.. I have 4/7th of my position protected down to $13.50 with $14.00 covered calls.. the other 3/7th I collected .52.. this way if it goes up my long position makes money and if it goes down my calls make money.. takes out the tension as all you want to do is "lower you average price"..
I also had the good fortune to have met some of the best traders in the world.. Larry Williams, John Bollinger, Joe DiNapoli.. I'm sure you have never heard of them... shame on you.. now if you want to pick a fight.. lol.. take your frustrations elswhere Bucko..
I'm sorry but when you know how to apply arithemic, abstract algebra, analytical geomety and graph theory to the market's "price and volume intervals" it becomes pretty darn easy! you must have been one of those "dropouts".. lol..
the only cockroaches are the hedge funds polluting the news media with their smack.. chanos is a desperate human being.. and so are his minions
looks like $14.50 line will be a resistance.. you would think some sideway trading to absorb the $17.97 to $13.85 drop.. a test of $13.50 and the worse would be the $12.03 lows.. definetly not a pretty picture.. just have to believe the asset value is what holds support.. on the brighter side TSLA was a champion for me today!!!