How does it feel now? It feels great. I bought back in (out 2 weeks ago) in the last 10 minutes under $14. And if it tries to close the gap tomorrow, I'll load up again. That's how it feels genius.
What is it about their huge demand for their products you don't get?
Goldman Sachs has their own dice they use to cheat and manipulate the market......and of course the SEC looks the other way.....I wonder why...
Sure, that makes sense. The street is saying, I don't care what you said about raising guidance, we think oil is going lower, so we're going to take you down over 10% today. 10%! What would have happened if they missed their numbers, and guided lower?
The Dow advance is mostly about Visa, around 150 points of the advance. Almost everything else with the exception of some financials, are weak. Consider today a gift for anyone selling with their profits.
High volume, exaggerated move. Oil getting crushed, and all the other problems, and yet it's another short covering rally, with no backing and filling or consolidation. If I didn't know any better, I'd say this was impossible to make up all the technical damage in less than 2 weeks.
If he said he's proud of how the company has progressed since becoming CEO, Ok. Or if he was proud to carry on Steve Jobs' legacy, Ok. But to publicly state he's proud of being gay, that's something you're born with, like your eye color, or race, or nationality. Today's value system is so out of control.
Actually you make some good points. You are proud of your achievements, not things you can't control in life.
I'm not sure how that equates to a 7% drop in stock price. If the company saw lower oil headwinds, they would have warned going forward. Where would they be trading if they missed, and guided lower?
No, but it reflects how everyone views the Apple CEO. Trust me, no one cares about his sexuality, and I don't understand why he had to tell the world when it's no one else's business. Is he that insecure?
Since when is it so important for ANYONE to admit their sexuality, which is absolutely no one's business? Being liberal is one thing, but having absolutely no values is another.
I'm proud to be heterosexual. I don't get making formal announcements like this about your sexuality. It's no one's business.
The price of oil at this level is not problematic for US Silica, otherwise how can they justify this huge demand and guide even higher? I read in some oil companies' press release that they're not cutting back on production. That seems to be the industry consensus.
Oh, and then there's this.....Just out in a Bloomberg article, saying many are calling for $100 oil again in the future, as the demand will increase. Just Google "$100 oil, Bloomberg article."
There are a few small blocks on the ask on Level II in AH, 1,000-4,000 range, and I think that's probably the market maker trying to maintain liquidity in this high beta stock, given the low liquidity in AH. It could also be the shorts doing Custer's last stand, because I really think they will be pummeled tomorrow. I may add to their misery and add more in AH......
So is the street asleep? Is it possible the street is this wrong? They battered this stock with oil, yet the demand for this company is still there. My question is, where is everyone? Why isn't it up $3-$4 at least in AH?
So if it's that good, and apparently it is, why isn't it roaring higher in after hours? Also, they guided to the high end of their previous range. This should be up close to $10, on just a short squeeze.
This is definitely an accumulation pattern right now, in my opinion. The Bollinger bands are extremely tight right now, and there are fake quotes on the ask on Level II. I know I'm accumulating.
Apparently the feeling isn't mutual. There's way too much of a legal overhang on this stock. This company is not about an earnings report, it's about their reputation.
Thanks for playing.....