Have you realized that if you bought shares at 70's, 80's means that person has money therefore if they lost some more likely is just spare change to them? Why bother making this post? It sounds more like you are jelpus of tgey money power... just saying.
I yhink you are very late to the party. Trying to pick the leftovers and go for the warm beer. LL will not fall to $17 tomorrow because market hit it today and -16% is more tgan plenty for a CEO departure news on an oversold stochastics. Picking CEOs is a process of weeks, you don't know how companies work because more likely you don't work or if you do is a part time job that does not make you understand how management is structured in a company, from tas leaders and project managers to CEOs and CFO. Go back to your playstation.
Yeah. Imagine if the announcement is big money(closer to 1B). I'll be one of the furst ones here posting and laughing at the lil retail troll shorts running for the exits. Many idiots still believe CLF will go bankrupt.
I hold some July$6. :-) Easy money after LOI updates are given. It is very scary watching a stock heavily shorted holding support at $5 so Institutions can make a big move. Not the best time to be short on this, Bloom Lake nees could ignite a big squeeze, one that can take CLf to $8 in a matter of days only.
I am part of the market. I'll be happy with anything north of $800. Enough to squeeze shorts and create finally a reversal on this dead spiral.
Realistically, $700 M and $300 M conditional to sector performance.
I was trying to be a lil nicer before but to be honest I don't give a **** about any either. In fact, I consider them traitors. Who bets against a company to fail and put people on the streets for the sake of making money. CLF one of the major succes stories the next years.
Is scary how CLF is so quite today allowing Institutions to pull the trigger if they have to on any positive news. Any time soon they can announce a massive media release pertaining Bloom Lake sale that could make CLF jump to $9. The sad part is that retail shorts and their stop losses will not get executed on a massive jump. Institutions go first always, then average joes and their lousy shares.
Trade the bounce.
Institutions are accumulating on this pullback. Classic.
Was scared the first 30 min of trading though, watching it tank to $253. My calls were starting to get close to worthless. I lock some profit right before stock reached $271. Let's see what happens the rest of week. PBYI made a hughe jump today, same as SRPT, ICPT could continue reversal tomorrow.
locked somw profits. Leaving some calls for a potential run to $280 by weeks end.
The magic of stock manipulations. Good luck all.
I just read what I typed ... wowwww fat finger typing everywhere hahaha Hope you understand me rsdmdd. :-)
Yeah I know what you are saying. But even if is a 16% still to much. This stock is heavy Institution owned and just by looking at the PM now with 0 shares traded makes me confirm there is not selling pressure or a bear raid. I bought some calls for weeks expiration yeaterday when it was trading at $262. Trying to trade the bounce. The dramatic overreaction and breaking $270 called my attention. I used to trade ICPT last year and this good but then when it got to expenaive I kinda stated on the sidelines. It looks that it has potential and Institutions know better. Let's see what happens the next days. Good luck.
I don't think investors like the idea of a clinical trial extending to 2018 even if the drug has potential but a $50 haircut is way to much on a day. I can understand $50 haircut in a week or month but on day on those type of news does not make sense. Should bounce %5-%7 and create a new support.