It's all about risk/reward here ... Can't believe shorts don't see that. We've more than tested our 52 week lows and it's NOT going any lower. Then Oppenheimer slaps a $10 target on and we are still stuck in the mid-3's? It's insane not to be accumulating here!
No one left to buy? Try over 3 million shorts! I think he was referring to "longs" who are early. Plenty of people who have not heard the story that will be more than happy to fight for some of those scarce shares going forward! GL
Well, bb .. I've been called worse, I guess! And, yes, sometimes it pays to buy into strength, particularly when things have changed. We were getting a stream of more positive developments and then, technically, it broke thru some levels that were positive, as well.
We'll see how it all plays out!
Now, I wonder just "who" is buying all of the shares up that the "profit-takers" are dumping today? I, personally, think it is some very nervous shorts throwing all they have at it, again? But, what do I know?
Color me impressed! I thought the shorts would be able to make a move given the overall market! "Tick tock"!
Market futures are skewed by the weight of the companies dragging it down. Might not spread to everything as much as one would think. We'll see!
I taught school ... and I'll tell you it will never happen! When parents are outraged because you actually made a child accountable for bad behavior, they would NEVER stand for a teacher to be in possession of a taser. Now, should designated people of authority (security) have them? Absolutely! Sad state of affairs when we need guns and tasers in our schools! Longing for the "good old days"!!
Any idea for the recent strength off the low $7's in FOMX? On valuation, it's a no-brainer, but no news and strength, I'm wondering if they will trade it back down in that channel? Always the skeptic! ;-) I'm holding it, though!
IF we get ONE more nice announcement, I wonder if that will seem conservative?
Was just going to post about FOMX ... nice volume uptick is pushing pps higher! Let's see if it can break above that last top around $8.70-ish?
Atypically quiet board ... anyone noticing increased volume AND pps along with it? I'd normally say it's moving inside the trading range, but the volume uptick is interesting!
Do you think earnings will reflect some positives? I think we're still moving on "news" ... buzz growing about future growth? Would LOVE to be wrong!