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
Dar, Nice summary, as usual! Been looking at some technicals this morning (an engineering logic process) and the charts are saying we move iinto the $12-$13 trading range fairly quickly once the secondary is cleared. As you are aware, the charts are not an exact science, but, directionally they are pretty good. More money to be made here for patient longs!
But, Then again, why do you care with no position? Remember, you covered your phantom short. By the way, be sure to wipe and flush on your way out. BS can really stink! Bye!
How can the volume so far today equal 36.5M shares yet the stock price has remained relatively steady? As we have discussed before, there is no logic to it. Has to be MM's, Tutes, and Hedges working together to the disadvantage of the retail investors. Todays short trading volume and short ratio will be very interesting and telling numbers!
I wouldn't be too concerned with the 'sell-down', there is still plenty of short volume out there to cover. Holding this stock through the spin off is a no brainer.
Update, There still has to be 25m shares plus short as we approach the opening bell! That assumes all pre market and after hours volume was short covering!!