I'm bullish too, and although volume looked good earlier, it only finished at average levels. But, as long as we keep moving up, I'm happy.
His message is annoying, but his headlines at least are entertaining. Soon he will either disappear or switch to the long side and expect us all to believe he bought shares cheaper.
Somehow it never is easy when one expects it. Hope you're right. I'm in for the long haul unless something changes. Having a great day with LOCO and FEYE today. Good luck to all longs here.
This is one of the more erratic stocks I have seen. I looked at my phone this morning and saw a nice start slipping away, as we were only up .18. I looked a little later and we were up $1.40. Very strange and wonderful. Assuming certain funds have been quietly accumulating and are now ready to move higher, we could finally take off significantly. I still believe some major analyst comes out just before earnings and says to buy going into earnings. Hope I'm right.
There are plenty of oil related stocks that have suffered similarly. The worry is that with oil prices dropping so dramatically it won't be cost effective to recover oil, so it will just be left in the ground until prices go back up. That could be years.
Nice trade. I thought it would pull back also, but sold covered calls instead. Your way is safer, given what has happened to so many oil related stocks.
enzo--I get what you are saying. It is hard to be a long term investor with all the volatility, especially given how far FEYE has fallen. I'm somewhere in the middle. I added at $30, kicked myself for not selling after it ran to around $35, and then yesterday sold some Feb $35 calls for $2.10. If earnings are great, that was a dumb move, but I still have 2/3 my position with no covered calls written. I want to at least come away with something on these runs we have. And if the stock does not take off after earnings, at least I have reduced my cost basis again. I can't think of a better sector to be in with the cyber security threats we will continue to face. It will only get worse. Yet, somehow the obvious doesn't always work out as we think. Best of luck to all longs here.
Love beautiful PV! Don't forget you're in Mexico--stay with a group and don't go off on any solo trips. Do they still have the restaurant with cliff divers visible from the bar? EMES is looking very good lately. Calls have a nice premium some might want to consider, as there is a chance to write some at $60 before earnings.
$34.10 is my guess. Seriously doubt we will see any big move, but if we do I'll be selling some of my $30 shares before it pulls back again. Need to see at least $35 to sell any of my shares. High $30's would be fantastic and unexpected.
So which is it, "game over" or up $2.50 tomorrow. Market volatility is scaring off buyers at present, so it is easy to push a stock lower.
Hope you're right, but the big players know more than we do and if things were a slam dunk we should be much higher than we are now. I'm holding through earnings and hoping analysts don't get too bullish. That is a killer. Crazy world that is the market means that if analysts get too exuberant, then even good earnings fail to help the stock, as "experts" say the news was already in the stock.
New investor here, and have not yet dined at one of the stores. Please compare to Chipotle for me. What are the strengths relative to CMG and what are the unfavorable comparisons?
So was I. One way to think about it is we are giving most of yesterday's gains but still keeping other recent gains. Seems like we are someone's piggy bank the way they run it up and down quickly. Guess no crocodile rock today.
I'll go with $38. Cramer is stubborn and very reluctant to admit he is wrong. When he does admit it, he will give it a new spin and act like he is the first to notice.
Great volume today. Around 10:00 AM I stated we might get 10,000,000. At 3:00 PM CST I looked down at my phone at it said 10,000,000.00. I knew more shares would come in but fun for a minute to think I nailed it. Of course, the real fun was seeing the stock move aggressively higher in a down market. Last week I said I thought we would have our breakout before earnings. It definitely looks that way. I also think there is a good chance we see upgrades just before earnings, with someone coming out and recommending buying shares before earnings. Made my first buy at $60 (ouch) but now cost basis is $36. Hopefully management has learned how to play the earnings game and been very conservative about upcoming earnings. Hard to imagine not beating expectations AND having strong guidance in this environment. We shall see.
Agree. Looks very strong, having fought the downtrend in the market several days recently. Volume is higher today as well and could potentially be 10,000,000 shares. Hard to figure why anyone would give your post a thumbs down. Are there still people dumb enough to be shorting here? I'm not saying it can't pull back once again, but it does look ready to break out to significantly higher levels.
Not sure we will see a significant pullback. I think we get liftoff before earnings and at least one more buy rating before earnings.
He can't help himself. This contact with others is his failed attempt at social behavior. But his heart really isn't in it (because even lumpy can see the trend has changed), evidenced by the recycling of already used posts, rather than some of his more imaginative prose from the past.
We have been stuck in a trading range for awhile now, but being stuck longer tends to result in bigger moves when a stock finally breaks out of the range. Could happen before earnings.