You guys got shook out, stop loss harvest last two days. This goes back up and this time without you!
what do you mean its not shortable?
maybe no shares available to short, but indeed shorts do exist.
Watch what happens when everybody comes back on screen Monday !
SHORTS will cover into days close, so load up before the bell.
60 Million shares were traded in 1 week, THAT is your indicator to buy here, 200,000 shares sold by some one who probably held for many many many years, is a none event,
This is a NONE ISSUE !
Just provides a great entry point.
I don't think todays candle is considered a reversal candle, unless is closes red, which it wont.
but the intraday double top, might indicate reversal into a consolidation level at $12+.
None the less, cant argue against the bullish volume here.
this has their finger prints all over it.
last thing we need is Jim Cramer
Probably the most amazing thing I can think of about Cuba is the inability to find real Cuban cigars here in the USA.
I can find Coceine, I can find Pot, I can find all sorts of drugs, all of them illegal.
But try to get a Cohiba Havana, around here and people look at you like your crazy, Like your launching an attack of some sort. I mean they act like its "breaking the law" and don't even dare ask about it, anywhere. ever....
Mentioning Coke, gets chuckles, gets jokes, gets laughs, it even gets you a baggie full of the stuff, on any street corner in certain parts of town, isn't that too illegal ?
But getting drugs, sure seems a lot easier, that's for sure.
I laugh at the look on peoples faces when I ask about Cuban cigars in a cigar store, everybody denies having them....
are you really gone tell me, these cigar junkies cant get a Cuban cigar?
I'm talking about filthy rich white men here, you know powerfull wallstreet bankers, lawyers, all kinds of white collar white bred criminals, we have all sorts all sizes, they lurk every where in the US now, in broad daylight even....we even elect them as presidents now, "well we always have"
and they cant get a Cuban cigar ?
They sure can get a #$%$ delivered to the office for lapdances, they sure can get a pound of blow delivered with that #$%$.
but a cigar?
I had a guy try to sell me 20 Cohiba Havana's at work, he was so scared to death he would get pulled over and his car searched and he would go to jail for having those cigars. He offered to me all 20 cigars for $50. cash....
I bought 5 for $20, because I truthfully didn't believe they were real authentic Cubans, Until I got home and gave them to my cigar smoking girl friend, OMG,,,,,youd think I gave her a 5 carat diamond ring or some thing, I went from zero to hero....The next day I tried to buy the remaining 15 cigars, but our of sheer terror, he threw them away.
He would never throw away a bag of coke, or meth....
Walmart is known to hire Mexicans and any body else who is minimum wage, they promise upward mobility, they don't provide health benefits, you see Mexicans protesting against Walmart almost every year.
What you don't see is Wild Bill going after Walmart, my guess is they have deeper pockets and would run him thru the wood chipper.
Wild Bill picks on some body and wont let go. The guy is an idiot.
He pumped PLUG one day and bashed it every day after, driving it down from $11 to $6. in two days.
I am Long myself, But didn't add where I wanted to because I thought it would consolidate around $8, But I was wrong, finally once in my life it had to happen sooner or later.
its a trade, right?
show me any where the market makes much sense. its all about the trade here, like every where else. good luck !
but look at it this way, you can buy that basket of stocks for less capital outlay, you don't have to come up with money for a thousand shares of X at $30, instead your buying power here is that much greater. It was like the market drop in 2008-09...I saw all sorts of stocks in the single digits churn tens of millions of shares for many months every day, you had to figure more money was made churning single digits then allowing those same stocks to run up into the double or triple digits.
same principal here, you can churn this under $10 with a lot less capital then actually buying the same stocks at face value. which would cost more, in a sense...get it?
we are gonna get some resistance here "again" BUT.....I think new buyers come in on January 1st and for the month of Jan that should push us closer to $30
Buy with both hands.