BS is playing the stock market when you don't know how it works. If folks don't think this kind of volatility is possible at any moment then they simply have not been paying attention. If you have heard the term "flash crash" then you darn well know what kind of volatility to expect. But I guess some folks just have to whine and blame others for their own stupidity.
So let me get this straight. People enter in sell orders, on purpose. They sell their stock, just as they had asked. And those shares were "stolen"? I know this is a crazy/radical idea, but what about people taking responsibility for their own actions? Crazy, right?
That doesn't even rise to the level of a celebrity endorsement.
PS - when Barack sent out a tweet about health care, did he do it from his BB? Nope. He borrowed a staffer's iPhone. Bwahahahaha!!
They said the same thing about the BB Passport.
They said it again about the BB Classic.
I remember when BB released the original Storm and everybody said, "This is THE ONE!!" I think we all know how THAT turned out.
I will be buying soon. I'm gonna give this thing it's head and see where it goes. I'm scooping up some cheap call options now but I won't buy into an equity position until I see some evidence of a bottom.
The shorts are only scrambling to get to Home Depot to buy wheelbarrows to take the money they made from hapless longs and get it to the bank.
It was inevitable. Once we hit the $6.65 level, a re-test of the previous 52-week low was a cinch. Absent any new positive catalysts, old lows have a gravity field of their own. And the closer you get the stronger the pull. It almost becomes a self-fulfilling prophecy as the stock approaches the old low, folks recognize a re-test is coming, and they pile toward the exits ahead of the final drop. Great trading opportunity though!
HERE added seven tenths of a cent to the bottom line. Not seven cents - $.007. It's going to take a long time at stellar YoY growth before that becomes significant. How long would Nokia have to hold HERE before it actually mattered? Five years? Longer? And without the automakers pushing it, which they wouldn't do without owning it, Nokia might never make HERE significant to the bottom line.
One day Nokia will pop from $5.21 to $5.70 and Peter will say, "See!!?? SEE!!?? I told you so!!"
Even a broken clock is right twice a day.
Look at Nokia's last quarterly release. It's available on Nokia's homepage under "Investors." Look at the profit HERE generated and then tell me you still think they gave it away. I'll wait...
Selling short is perfectly legal and perfectly moral. Only the folks on the wrong end of a falling stock cry about it. Face it - the shorts were just smarter than you.
Shorts are taking their profit as the stock flirts with the old 52-week lows. That's why the short players are almost always the smartest guys in the room. They just keep making money.