Onepoint, I am looking for indicators to short Macys, M. I am late to short sears now :(. I need to understand how the price change to the volume. Where do you go to learn about the price action with volume? Another question. Why VXX does not follow S&P 500?
I looked at the chart and also watched the Fibonacci video in YouTube. The low for 2009 was around 700 (A). Would you tell me what B and C. I thought B is the highest point. I really don't see that much pull back to identify C.
Do you really expect we pull back 50% or 61.8%? Thanks again.
What indicators show that the stocks go for a major correction? "I think though there is one more good run in the market and then a major correction". Thanks
The stock went up from last week. It seems somebody buy good amount of shares when the market opens and bring up the price but the stock price should not go down. I am expecting not to go lower than $6.
The company is doing well with their marketing (I check their website). I even see they are following SEP process. SEP process helps with their decision making. They need to release more news.
Michael thanks for the information. OP, I really don’t spend time to put your data in the graph to understand what you are talking about. I should. It is good to know you are positive about this stock.
I am not an expert. I looked at price and the volume each day. I don’t see this as correction.
I believe, few people bought this stock because they knew about the news and now they are selling. I am still not positive.
Actually, this is not good. It should be opposite. It should not come down with low volume that much.
The market is getting too scary. TBT and interest rate went up.. What do you think of this Market? Do you think FED will put money in the market again?
SKUL Company was doing well for few days after their report. I thought it will get buyout soon for few days.
Volume was low today. I am surprise they have not buyback their stock yet .
He was very cautious and negative with his statements last time. I am just thinking how much worse can get. Most of the bad news is in. There are also 3.5 million shorts compare with 12 millions. I am interested to listen to his conference call today.
Thanks. I sold all my shares after the release last time. How do you feel about this release?
I believe he was very negative than he should be and make the stock goes down. I have problem with the management than the company. They are not experience.
Does anybody notice that they have 335 employees (it shows in Yahoo under profile)? I believe they had around 275 employees. They have not sold any share from January.
I sold all my shares today (very big loss). The reality is he told yesterday, it will be challenging in next 2 years. Do you really know what could happen in two years? I don’t.
He didn't even talk about buyback yesterday. The report was good even he said last time he is cautious about it and uncertainly about the market. He said almost the same thing yesterday.
“lack of earnings visibility and expected earnings uncertainty over the next two years”.
I really don’t think the company s doing badly with all these marketing they are doing and improving the products. I don’t want to be rude, but in my opinion he is stupid to talk like that especially after good report. He brought negativity toward his product and the company.
No, is not. What was his purpose to give to talk like this?
It is hard to go back and look at last few months. All the shorts did cover without no reason. The earning was good and the stock really should not get to this price. The value of the comapny is
$150M and they earn over 280M last year.
It was positive report. Be honest with you, I don't think he knows what he is doing. The company is doing well and the report is good and he is saying we are not going do well next quarter.
Intel's CEO and Bill Gate are honest and always gave the shareholder accurate information about their company and US economy. This one was diffrent.
Didn't Rick Alden say few weeks ago that their report will be in lower end and the price of the stock came down (this happened after two downgrade by the analysts)? The company report is not bad for 2012. I thought the stock really should go up when I saw "Annual net sales increased 28.1% to $297.7 million". I got happy for a moment. What should really be the price of stock if they have -0.25 losses next quarter?
I believe Allan wants to be very careful. I don’t think the next report will be bad. The international sale was good and they are not dependent to get money from IRS.
The volume is up today. I am thinking to buy more shares tomorrow if the price comes down in the afternonn before earning.