You don't always get rich that way because the sleaze are always one step ahead of you and a lot bigger than you. Attempting to follow them you are very liable to end their victim.
A better way to get rich is do your own research, find your own opportunities, and keep your integrity. It works a lot better though it might not feel as satisfying as gambling all you own on LNKD and getting lucky enough to sell before they drop the bomb,
It will be a pretty quick tumble for you, into margin calls and bankruptcy. But don't let thst deter you from your plan. Have the courage of your convictions--short it with everything ya've got.
Yeah of course. Buy high. Sell low.
Great advice. Thought that's what most investors did on instinct.
Do they really need zacks to help them rationalize their decision?
Come on everybody, mat is on sale. Let's all dump it together so that the goons at zacks can jump all over it at an even lower price. Zinger of an article there fellas.
Well what do you know another short term trader on yahoo messgae boards trying to spread the gospel of short term trading and scare long term holders out of their investment.
A post complete with words of wisdom like:
No mention of the fact thst trading ranges are temporary and often change as soon as you notice them, or thst a single catalyst can drive a stock up to a level from which it won't come down again for years. Just the promise of high profits if you buy and sell like a hyperactive child.
I hope nobody falls for this garbage. The market is not predictable. Any pattern you can identify is temporary and subject to change at any moment. Don't confuse luck with skill. If you are an investor keep buying the dips and don't sell a damn share till we are smack in the middle of the next commodity boom
I love to see a concerted effort to keep a stock down. They want it low to accumulate. You accumulate right along with them. By the time they decide it's time to take er up, so much pressure has built up that it blows the lid off and by thst time you've got enough shares to really take advantage of those upgrades that start pouring in once a stock is back to being overvalued. The way they operate the market today is a joke. Investment banks, Analysts, the fed, The whole gang of clowns. The key is to be the one who laughs last.
“Stock prices have reached what looks like a permanently high plateau. I do not feel there will be soon if ever a 50 or 60 point break from present levels, such as (bears) have predicted. I expect to see the stock market a good deal higher within a few months.”
- Irving Fisher, Ph.D. in economics, Oct. 17, 1929
Sentiment: Strong Buy
News was not fake and sell off did indeed coincide with it. But once it was digested it was dismissed as trivial and the usual rebound was the result. Triviality was a judgment call though and not necessarily the correct one. What we don't know is if the situation will escalate or not. If it does this weekend next week will be a bloody one for the market. Most likely short lived but enough to scare the beejeezus out of some bulls
your post makes me laugh. you know why? because it sounds just like the kind of stuff people were posting about solar stocks in 2012 when they fell a few hundred percent from their highs. solar is dead, etc. etc. now here you are after solar has had a huge run saying solar will kill thermal coal. it's clear you run with the pack. you see the present, not the future. just two years ago you would have been bashing FSLR. now that solar stocks have gone parabolic on momentum you're their champion.
you're a smart trader right?
so the panic and greed that's getting to you right now should tell you all you need to know... DON"T follow your emotions
time to sell all your WLT and ANR and load up to the max on ACI!!
give it a couple of years. At that point you may not just have broken even but may have a nice profit. All the same if I were you I'd average down at these prices. Even if you don't have a lot of money to spare. Even just making a small commitment to purchase 100 shares each month will do a great deal to benefit your position at the end.
With cyclical commodity stocks you just never know. The cycle reversals are fierce and people never expect them. Everyone always thinks the bad times are going to get worse when things are bad and when things are good they think the good times will never end. The lows are brutal and crush the longs who get too greedy. The highs are a screaming highs and rip shorts to shreds until they lose everything. Study the boom/bust cycles of a commodity with a long established history like coal to get a good idea of how it all works.
yahoo msg board short brigade has no shame. these guys are paid to say ANYTHING to inspire the uninformed to panic sell. the give-away for the racket they're engaged in is the ridiculously low price target they always attach at the end of their msg.
I remember when AAPL was getting destroyed and had been beaten down to around $365 (about as low as it went), the paid bashers on the msg board were all calling for 200.
looks like all the short roaches are crawling out from under their rocks today.
congratulations on your 7th post ever on Yahoo Message Boards - the 7th of 7 posts all bashing ZAZA.
Time to cover, wise@ss.
A lot of people were shorting this when it started running up from 12, expecting a pullback somewhere along the way. some thought based on technicals it would pull back to around 12.50, so they kept holding their short. now they're all trapped. guess they aren't too happy right now.
Livermore seems like a good reference to me. He went broke because he took huge short positions expecting a price collapse that didn't come, or being unprepared for rebounds that occured. Late comers to the short trade in MCP, who were lured in by Shock Exchange to take outsized short positions they now need to cover, can learn a good lesson from Jesse, since they are likely to go broke themselves if they don't cover in a hurry. At least Jesse had the foresight to leave his wife 5 million in an irrevocable trust. I don't think the shorts who entered MCP at 3 believing bankruptcy was a foregone conclusion are going to have that luxury. The most they're gonna be able to do is leave their wives Shock Exchange's address and phone number. Probably won't be more than a year before stocks collapse and a new commodity boom begins. How many of those shorting mining companies are prepared for the change that be a comin?
Sentiment: Strong Buy
very funny there, guy. big money often loses, and often it loses BIG. Ever heard of LTCM? You might also want to make a list of all the hedge fund managers who have gone bust or are now behind bars.
The way you paint it, the shorts in this stock should all be wearing Superman suits. But even Superman has his weakness. Kryptonite, remember? Don't know if they are mining that yet in Nevada though.
Sounds to me like you made a big mistake and shorted when ANV recently couldn't hold four, thinking it would plunge back to three. Real bad move on your part. Just cover as soon as you can on Monday and you won't need to worry anymore, or spread false rumors on this msg board about shorts "taking over the mine" lol.. funniest thing I've heard in ages, by the way.
puts a real funny picture in my head of a bunch of bankrupt short sellers standing around a big open pit with their arms crossed.
Sentiment: Strong Buy