margin schmargin people always say that. Anyone who buys a speculative turnaround stock on margin is a fool. In fact anyone buying anything on margin doesn't have the capital to risk in this market and should sit it out. But hey it's a free country and all. Well sort of.
But the upper descending trendline has not been broken and you know what that means! Nothing bwhahaha
But the Nasdaq is a descending triangle, not a symmetrical one like on SPY and you know what that means!!!
I dont disagree at all. BTU and ACI are in the same boat, a 1.5 month unrelenting sell off. But ANR is the worst of the 3 and probably for good reason.
Well son we all have our own personal crosses to bear. In your case it was actually a real cross but you know what I'm saying.
Solid downtrend and loss of 50% with out DCB. Pure speculation on my part but going long for 4000 shares.
If I get called next week so be it. I have a respectable gain on the long side as well as put premiums. Just buying some downside protection. GLTA
Like when they threw the christians to the lions. Kinda worked out the same way. lol It's good to be the guy with the claws and teeth or a death ray, that works too.
Chart looks god awful. Head and shoulders top with neckline at $10 plunge through it on Friday tested the underside and plunged again. I think there is more downside before this sees double digits again.
Ask them to pronounce the word unionized.
If you dont get it, just consider yourself freaking #$%$ and dont bother struggling with it.
Have faith little one. It will gap down tomorrow, the Nasdaq will bounce off the divine level of 4447. The angels will sing and we will have a downside up, bullish, our father who art in heaven, engulfing reversal day. And my friend's it just doesn't get any better than that.
Hellooooo there was only 2 of them of those pesky hummingbirds. No biggie. Now those 2 sabre tooth tigers would have been a bit of a problem.
Jesus H Christ why would you even mention 3 black crows, you have all but insured floods, famine, a plague of locusts and all other kinds of end of days cheet. Thanks. Thanks a lot. You really fuqqed up everything now.
Can you blame him?