WTI is artifically low at $48 Even $60 oil prices is ridiculous. We will see in 10 minutes...
What really scared me is when it gapped down 23% below is low. But TWTR didn't do too much better day, losing some 15%. It's tough going up against the big boy with super deep pockets. Were you think it goes from here?
Seems like there is always some level of emotions when investing unless it strictly computer programming doing the trades. But still getting slammed $5 or 14% is a big surprise given how many eyeballs use Tweeter everyday. Here it seems like 1 + 1 = 1. Not a good morning or for that matter a good year so far....
Everybody know tweets all the time. With hundred of million of subscribers, how can this stock just dropped over $5 this morning. Don't more subscribers mean more eyeballs to look at all those ads?
So 6.24 billion ounces of gold produced divided by 7 billion world population = less than one ounce per person. Therefore there is very little gold to go around. Did you see the big pop in gold this afternoon? Up over $10 on the close.
Exact thought crossed my mine, a dead cat bounce. Nevertheless, it did make my list on the leader board today for the biggest gainers. Go figure.....Sammy
That's a 13% loss intraday. Does somebody know something that we don't? Very strange indeed....
Yeah cpstwhip seems like one good news story after another one about a new sales contract. But your right, the stock is 31 cents which tells me their products are selling, but they ain't making no money. Hey with oil hovering around $50 and all the oil companies having a hard time making money with some going under, I'm actually not surprised that these alternative energy companies are in worst shape. If oil price don't move up quickly and back over $80, it's gonna get real ugly in the energy sector.
Gold is down $28 or 2.6% today, but ABX is now down 15.5%. I'm trying to figure out the collapse in the price of ABX so I checked their debt level which showed $12.9B at the end of 1Q. But I read that only $900M is due in the next 3 years, they are selling $3B in assets, and have $2.3B in cash. It doesn't seem like a liquidity crisis is developing at least in the shorter term, so why the huge drop in the stock price all the way down to $7.40? It seems like more than an overreaction to the drop in the price of gold. Any ideas of what might explain the huge drop today and over the last few months?
I think everyone is trying to figure out how low is low. Listen Shack has been cut in half after reaching a high of $96.75 a couple months ago. Another 10 bucks and she crashes thru her 52 week low of $38.63. It seems like the shorts prevailed in wrestling control of SHAK. So much for high flying IPO stocks...Sammy
Do you think $20 is in the cards before the end of this summer or will it take until Q4??? Sammy
If so, what's YELP really worth going it alone??? Sammy
I told her I wasn't going to buy it , but she said we could have made 65% if we bought yesterday at $20. With 20-20 hindsight, I should have listened to her this time. Oh welll.....
As they say, three strikes and your out! Not sure how the shorts got such an upper hand given their ain't no options and the float is ridiculously low at 5.7 million shares. Thoughts as to what caused this severe downturn after a beauty run-up to almost 100 dollars??? Sammy
Can't wait to see the sales for Q2. Go Shack Go right to the moon!!! Sammy
The only question I have at this juncture is what would each restaurant be worth at $100 and $120?
gas prices are up another dime since he last filled up three days ago. The gas station owner told him demand is brisk for the Memorial Day holiday and leading into the summer season. He told my Uncle don't be surprised to see gas rise my another $0.50 to $0.75 this summer. Well looks like strong demand for gas is gonna pull WTI higher in the coming months. Long oil and loving higher prices at the pumps!
Anybody else seeing their local gas prices rising this week into the holiday? Sammy
she seems set to strike at $100 before the summer even begins. Could Shack eventually run to $500 to $600 in the next couple years? Seems like a far distance but heck at this rate we will be in the triple digits before you no it. Thoughts gents.....Sammy
The pent up demand for gasoline is driving crude prices higher. I just spoke to my brother this morning who filled up on the way to work. He says prices are up like a dime since the last time he filled up a week ago. So with WTI hovering around $60 per barrel, they are likely to continue back up to $65 then $70. Just waiting for the first draw on oil when inventory is reported by the EIA. Then we could see that $65 to $70 oil I eluded to.....Sammy
Just got off the phone with my Uncle for the West Coast. Uncle Elmer says he got gas a couple days ago and it was about a quarter my expensive per gallon. He asked the owner what was going on and he told my Uncle we are going into the summer driving season and people are all filling up again. Well it looks like gas prices will continue to rise taking WTI higher with it. Long oil and loving it.....Sammy