First of all, anyone that reads all the messages on this board will see that I have been recommending buying this stock since it was $3.50 and you have been recommending shorting it since it was $3.20 ( Your first post was June 5). So who is making money and who is losing? But that is assuming that you have any money to invest in your bol_Shet. The stocks on your screen? What screen is that? We both know that you are just a frustrated high school student on a stock picking contest.
P.S. Unlike you who hide during up days, I post whether the stock is up or down because I know what is going on with this company. I actually predict that you will permanetntly hide after Tuesday.
Contact Grooveguru7. He has a closet full of medications that he can share with you. They don't have any effect on him anymore.
This is a house of cards soon to crumble. If you want an analogy for this stock, look at CMGI in the late 90's. This company sells 5500 vehicles every quarter for God's sake. How can it justify this kind of market cap. It always amazes me how these bubble stocks keep popping up every year and people don't learn their lessons.
Since there has been statements made on the status of Wunderlinch analyst Jason Wangler ( the thorn in the side of the shorts!!!) The following is his background directly from Wunderlinch. He is still with the firm and as a matter of fact, he was designated as "best on the street" in 2010 by Wall Street journal. The seeking alpha article with the interview with him had his previous employer (Suntrust) as his current employer. whether that was on purpose to sow confusion is a good question as I understand seeking alpha is already under SEC investigation for the bogus article on HNR with the anonymous writer which included false quotes attributed to Panoro executives and had false disclosure on the author's positions on the stock:
" Jason Wangler, Senior Vice President and Equity Analyst, has over six years of equity research experience focused on the Exploration and Production (E&P) and Onfield Oilfield Services sectors of the energy space. Jason previously worked at SunTrust Robinson Humphrey and Dahlman Rose & Company before moving to Wunderlich Securities. His resume also includes Netherland, Sewell & Associates, Inc. as a Petroleum Analyst. In 2010 he was highlighted as a “Best on the Street” analyst by the Wall Street Journal and has been a guest on CNBC. "
Is it because he only posts on down days for this stock? Naa
Is it because he learned that these low volume moves (up or down) don't mean anything until the status of PlusPetrol deal is announced? Don't think so
Is it because he finally figured out the difference between 144 restricted stock and free trading stock? Not a chance
He is busy in his after school remedial courses in order not to fail 4th period math.
The same way that the last couple of days must have tasted to the shorts!!! If you were a person who had even a few thousand dollars of real money to invest, I would have explained to you that neither the low volume move down nor the low volume move up mean anything on this stock. It is just longs/shorts adjusting the mark at the end of the day. Everyone (Long and Short) is waiting for the news on the pluspetrol deal. Is it going through or not? The move on 1,000,000+ shares is what defined this stock. The next meaningful move will also be on 1,000,000+ shares.
You, however, are only a high school kid on a stock picking contest that does not understand any of this. You just like to needle people on the days that their stock is down (which is the only times that you post) into internet conversations with you so that you pretend to be a stock market guru!! LOL. Now , run along to your 5th period class before you get detention again.
And that doesn't include all the shares shorted in the low volume environment of the last two weeks. As soon as any news is released on the status of the VZ deal, you will have the mother of all short squeezes. Bill Ackman wannabe will follow the path of the real Bill Ackman and HLF.
Medications late again? Do you still see shadows in the dark? Are you still talking to space aliens every day? Why didn't shock therapy work on you?
Watch and learn. Now , run along your 4th period math class or you will get detention again.
P.S. Have you figured out the difference between 144 restricted stock and free trading stock yet?
Which usually means something is about to happen
Unfortunately that is how the market works. There is no doubt that the games the shorts have played with this stock ( From the seeking alpha article with made up quotes and flatout falsehoods to posting rubbish on these boards) are illegal and criminal. But that does not change the fact that these shorts will eventually have to cover the shares that they have shorted in the past couple of weeks in the low volume environment. That is what was added to a 13% short position. They will not be able to do that by scaring a couple of small time longs out of their shares as there are not too many shares like that left. They cannot cover 5000 shares without being marked up .25 on their position. So they just keep adding to the net position. These guys will get burnt and burnt badly. They know it better than you and I and are just trying their last bit of ammunition. That will be the justice you seek.
Good enough POP for you? It was a little late today. You probably need to shove a popsicle where it burns now. LOL
i.e. Open down and a drop right away. Then around 11:00 to 11:30 the institutional buyers step in and move it up. Let's see if that pattern holds true today also
I say novice short because he makes some stupid moves that in this low volume environment, make it obvious. First of all , he uses the same exchange/firm to short and try to cover in the same day which is a big no no for experienced shorters. Second, he gets phased very easily. He shorts a few thousand shares moving the stock down quickly but then as soon as a buyer steps in, he gets phased and starts covering which only nets him a few hundred shares leaving the stock above his short average.
This guy will soon be toast along with the guys who shorted in the $3 to $5 range who are hurting real bad already.
Our next caller on this conference call is Joe bol_shetenberg from Orange County public school # 6. Joe??.... Joe?????..... Joe's teacher informs us that he has been called to the principal's office for paying too much attention to the fantasy stock trading contest and neglecting his actual courses.
It seems to happen to every stock I own that runs up. It happened to my HNR and RAD and now BAA. Prepare yourselves for a deluge of negative posts by people who have never bought a share of stock nor have any money to invest.
Congrats to people who kept the faith in the dicey days of sub 60
As I said, this is one of the last opportunities to own this stock below $5.50. If you had ever bought a share of stock, any stock, in your life , you could have seen that. It is funny how since this stock was $4.25, you only show up with your bol#$%$ on days that this stock is down some on low volume. Not surprising though, since you only post between your high school classes to needle people whenever a stock is down some not when it runs from $3 to $5.75. You will soon disappear again as this stock pushes to $6.00 and beyond.
Have you learned the difference between 144 restricted and free trading stock yet?