Inversion is alive and well until US gets corporate taxes in line with the rest of the world. Frankly the rate should be zero as the money is taxed again when the Shs get it
and now Act 2, planes getting shot down. I'm sure everyone is whistling why they pump oil over there in between the yells to duck. I still have the odds of Iran ever pumping oil at slim to none.
Here's a thought, did you consider shorting it at $30? If not, you're probably not the wisest person to be shorting it now. Unless they go bankrupt which looks increasingly less so each day, you are going to get steamrolled.
dude, there are a bunch of targets far higher than where this is at, any news is good news at this point and you just saw where firing people is the first of it. strap it on if you think you're riding this to zero. Now had you shorted at $30 that would get some admiration and I'd be long gone personally but those geniuses are probably still figuring they can milk this every which way
The bigger question is what idiots short stocks AFTER they've fallen 90% in hopes of squeezing the last drips out when the risk would seem clearly to the upside if the company survives
Yeah that's it, insider purchases are a negative sign. Shake your head and get the rocks out, pretty sure they feel like they'll make money. Maybe they are wrong but I doubt they think they are going to lose money or make nothing
There's quite a few actually assuming the story is long term. The price currently is not much indication of where it will be next month, let alone a few days. You have Hedge funds entering and exiting with options magnifying every move. Just look at the share volume, Monday's total shareholder count left by Wed, followed by those changing over again by today. Maybe next week, reality starts to reappear. But God bless anybody who is short at $3 as opposed to went short at $30, if any good news starts to come out. The risk to the upside seems pretty strong from here.
So 11/10/15 on Conviction List, now on 11/19/15 only hope is equity raise. Does someone honestly listen and value their opinion?
and I hope you get steamrolled and doubt you have a clue about their liquidity. Once you jacka..... leave the room, life will be better but I guess that's not for 28 days or 29 days or whatever you think you bought.
I think once the trading volume drops under a Billion shares a day, you might see actual valuation come into play. But I guess the game now is jump in for a few minutes and see what happens. Seems like going to a casino is a lot easier than that game and you get free drinks.
Why wish bad upon others? Cramer is pounding the table to sell now at $3, he pounded the table to buy at $30. Pretty obvious what you should be doing? His old game like Fast Money is momentum investing, well it gets what is deserves quite often.
Buyout? Why not just buy it on the Open Market. Can't wait for Fast Money to leave and long term story returns. In any event, it's not a $3 stock and I doubt if it's going out of business