Nick, I think 'short' is the way to go. There is no commitment to NRF by the 'longs' in this stock. Most are ready to bail at the first sign of weakness. Most follow dar and he is a weak hand!
My goodness! That is just about everybody in California isn't it? At this rate, the few millions remaining will be signed up within several years! What an idiot.......
The shorts were very passionate about defending $12.90 today before giving up. I expect that $13.00 will be heavily defended before falling as well. Looking forward to moving above $13 near term!
We may well see the other side of $13 today, although 13 is a Fibonacci progression number that tends to add some resistance. We shall see!
dar, Thanks. With that in mind, high short sale volume and a high ratio to total volume is very bullish since the stock continued to climb against this effort by shorts, in yesterday's trading?
The daily 'short trading volume' data does not 'total' to the cumulative 'short position' reported on a bi-monthly schedule. My conclusion is that the short covering is not part of the 'short trading volume' daily reported number. What I have noted , over time, is that higher periods and ratios of 'short trading volumes' have resulted in a higher trending cumulative short position in a stock. I am not an expert, by any means, on the topic but have found the data useful in tracking short activity. If someone has a good understanding of the data, I would appreciate an explanation.
Next two bi-monthly short position reports should be very interesting. As the details of the upcoming NRF spinoff are defined, one has to believe that shorts are digging themselves another hole.
And the beat goes on!
They have 'grown' through every volume point where they predicted they would be profitable in the past? When will these fools ever figure it out? You are in business to make a profit! Now (as was obvious from the beginning) the South Koreans are eating a bigger piece of the pie through the new 'service agreement'. Remember when 'service' was going to be the real money maker? Soon the SK will take the lions share of everything in Asia.....utilizing FCEL's technology! How can you operate at a $200m run rate and not be even close to profitable? Still long, but, not nearly what I used to have in this company! Good luck longs!
jayjas, you sound like one of the 'gimmees' of our society. You scorn the success of others who have worked and succeeded! You know it is someone else's fault that you are miserable. You obviously haven't experienced the reward of giving to others. It's not about the bragging rights it's about the reward from inside. I am not far off target am I sport?!
Your 'waitress story' is wonderful to hear. It is good to know that there are still many that are still earning their way and learning the value and reward of personal accomplishment. I put four through College and part of the deal was that they help pay their way. Not because it was necessary, but, because it was part of their education in my book. My father taught me the value of accomplishment the same as his father taught him! A great story dar . Sadly, too rare in our society today!
In recent offerings, there has been some price 'tailing' toward the end of the pass through redistribution period. I think we see the $12 price level broken in the near future. All very positive! IMHO!
So many of SA articles have become so poorly written that I have pretty much discounted most of what the publish. Too many agendas and not enough facts has become the norm. Too bad, I used to find a lot of interesting information in their material. Todays NRF article was so agenda driven that it wasn't worth the read. IMHO