The Mullaly silence is deafening. A public statement that he will end his career @ F would probably move it 5-10%, ie enough to send it to a new 52 week high with GM but.....
The big guys have other more interesting places to play. Top appears in for now, it's below the 50 & 200 DMA with a really lousy looking chart. It's been trending down and closing @ or near the LOD for the last six weeks, which of course was right around the time all the MSFT speculation really heated up. Every pop is being sold and it's clearly lost momo. Hedge funds would rather report GM (@ a new 52 week high) into the end of the year. The 16.50 area is a key closing area to hold. If it doesn't hold and trades any real volume...it could get ugly fast.
PS........You know your radar should be on full alert when some Bozo starts every show with the classic PT Barnum line...."I just want to make YOU money".......LMAO
I wouldn't wait for CNBC to give Cramer the axe. They know who he is. He is entertainment for the masses who are too lazy to do their own work. He is just the last in a long line of television hucksters. Grab a cold beer and an hour of your time and Google him and all the talking heads on CNBC. You might be suprised @ what you find. Want a quick cheet sheet?
Ever wonder why Herb Greenburg is always so negative on the stocks he reports on? He ran a boutique brokerage that specialized in feeding info to short sellers.
The Money Honey...Maria Bartaromo.....her father in law was Saul Steinburg (R.I.P.).....THE Saul Steinburg, one of the biggest corporate raiders/greenmailers/ Gordon Geckko's of the 80's. In fact, some speculate that Steinburg along with Ivan Boskey were the true life characters of the movie Wall Street.
Try Dan Dorfman and R Foster Winans. Dorfman ran a financial column in USA today and had a weekly segment on CNBC/FNN. Winans worked for the Wall Street Journal and gave Dorfman inside info on his upcoming columns which of course they front ran.
Ahhh...and now comes along the beloved Mr Cramer...aka Jimbo the Huckster....I'll leave that one up to you, but let's just say that his fellow alum @ Harvard, former governor of NY Eliot Spitzer isn't the only one who's bent a few laws in his day.
Are you kidding? As long as he keeps handing out free checks, free cell phones and now more medicaid and free healthcare, they'd elect him King, which is what he think he is.
The destruction of America is coming from the liberal Democrats, not the Republicans. More welfare, more wealth distribution, more government programs, more taxes, all brought to you by the cradle to grave mentality of Americans who don't want to take responsiblity for themselves.
Ford says he has a job as long as he wants it and he said he wants to continue his work @ Ford. But he hasn't specifically come out and said " I will end my career @ Ford and I am not interested in working for Microsoft". He could end all the speculation in a few sentences but he doesn't seem to want to. Until he does, or Microsoft chooses someone else, the stock will lag.
It's also trading pitiful volume. There just isn't anything for the momo traders to work with. When F was @ 18 in the past, it traded with an ADV higher than 100M.
Now it's a quarter of that. It's just dead money, there are too many other things that move.
If you get into options without knowing what you are doing you are not only going to lose money, it is a certainty that you will. Get thyself to a university level investment course on the basics of investments. Swimming with sharks is no place for someone that can barely dog paddle.
Good grief these guys are like pirahna.
The big guys are already shorting it, in fact they can short it from the get, unlike the little retail guys like us. Remember, we are ALWAYS last in line. Last in line for an allocation of a hot IPO, last in line to be able to borrow shares of a stock obviously going to zero, etc.
I have been trading for decades and have accounts worth several million. I put in for 10,000 shares of the IPO and I got 200 ( I didn't think I would get any). I sold em in the first 20 minutes for $50/share. The hedgies and big guys always, ALWAYS, get the best plays. Normally, options trading starts within ten days to two weeks of the IPO if they intend to offer them.
Amazing....sold @ 56 up 15% and just bot a few back..#$%$ this stock trades crazy...
FB - 06:12:37
Bought 22s @ $47.55 - Total: $1,046.10
FB - 06:12:37
Bought 478s @ $47.55 - Total: $22,735.90
EVERY single CNBC talking head said to sell into earnings and look for a 10% haircut just like LNKD , NFLX, TSLA...etc. I want to see the egg on their face.