because there will be no turning back when Wall Street gives their collective nod of approval here, they know how large the short interest is here, and they will crush them accordingly to their own ends. How many times have we seen this scenario play out since 2011? Now it's simply TASR's turn in the sun, consolidation here is just about complete after $20, $22, and now $24... GLTA, and Happy Holidays.
Sentiment: Strong Buy
As a chartists and opportunist, I am watching the NYA which has two competing set-ups now, both with their own ramifications. First, the death cross of the 50dma below the 200dma recently, occurring right before oil's crash below ~$70; bearish. However, we have a near perfect inverse head and shoulders pattern, couldn't be more obvious or glaring, with the neckline just below new all time highs; bullish. Finally we have a gap below from wed/thurs that needs filling... if that gap fills and the level holds, I'll go long again. If we just go higher from here, then I'll miss the rally unless the S&P breaks through to new al time highs on VOLUME, which would be another buy signal, since the MACD on the NYA appears to want to turn positive again.
that's my plan, do whatever you want, but I am leaning towards the latter scenario
Most of us already have him on iggy, adds nothing to the conversation, and a bad trader/short seller if he is to be believed.
at the time we were in the minority, and the indices hit new highs less than a month after that post. However, the drop in crude changed everything, and so I altered my strategy. So yes, at the time we did nail it. I don't align myself with anybody here, I do my own thing. obviously.
sold my RSX DEC 14's at the close for a double and then some, this was just a trade, and I am not greedy. Congrats to everyone who followed.
consider yourself chop suey. margin call by Friday ping pong, sucks to be you.
short squeeze here can commence at any time, what we have here is a coiled spring now, consolidation phase over. Blastoff awaits.
Sentiment: Strong Buy
I own puts here, they are in the money and I will sell them before Friday, most likely. I define my risk when I short, borrowing shares on a biotech that can blow up in a short's face is stupid and risky. It's just a trade, AGIO went parabolic, and it has reversed now, that is my bet.
No, because I do not believe in such concepts as "oversold" or whatever. Bubbles like TWTR can remain oversold for weeks, months, and yes, years... until fair value is reached. Tell me, why has the float here grown TEN FOLD since the IPO?
Because the compensation package for insiders is obscene, that's why. Why does TWTR keep falling on upgrades etc? Because those IBs are disingenuous, they are lying to the investing public... surprise, surprise... They haven't fooled me.
I have been short TSLA since it broke 218, with the 217.50 puts I sold today for a nice profit, then rolled into the DEC 200's/JAN 150's... I also told the folks on the Apple board about the massive reversal at 119.75 about 20 min after it happened, and bought the weekly $115's, but sold them too soon. Glad you watch the same stocks I do, why you cannot find opportunities is your problem.
I told you, this is what I do, I'm sorry if you cannot comprehend trading short via derivatives, you could have hedged your TWTR position and MADE MONEY on it's recent slide... fact.
she's a brainwashed bagholder, you cannot talk sense to any of them, don't bother trying.
no, I was waiting for my opportunity. I don't try and pick tops or bottoms, I ride strong trends buddy, that's why I am a successful swing trader. I am nobody, I realize that, you should too, and wonder why a nobody like me has pegged a big downward move in this this stock not once but twice now. Reality bites, doesn't it?
Yahoo needs to boot that spammer