Come on now. I agree that the stock bottomed on Tuesday, but please... This company has a long way to go before we get to 35. I'm just hoping for a nice move to 20.
ROFL. Calm down.
I promise you Twitter bottomed on Tuesday. Very high volume sell-off on no news. This company is going to come back strong. They have major name recognition and buy-in from all media channels. A massive user base that is not going to leave them. This is not like myspace, where a huge phenomenon got bought out by a large conglomerate and was overtaken by a superior product.
Bollinger bands have compressed which is indicative of a major move coming very soon. This CEO means business and is putting his money where his mouth is. He's going to attract the best talent in the business by offering his own stock to employees. That is unheard of.
Can't rape the willing. The puppy is about to fly. The big guys love to get the lowest price possible before they rock it to the upside. Bollinger Bands are pinched, leading to an explosive move with big announcement at the annual meeting, imo.
When this starts taking off again in an hour, you'll know.
That wasn't it. The reason I had no idea was that yahoo's oil price quote is behind 40 minutes! Now I know not to trust yahoo for prices.
Thanks for the bottom tick. Oil is still down 2.48%, yet this thing just shot up huge for no reason whatsoever.
Stockpiles have been increasing for months. Oil bottomed at $26 and has nearly doubled. Stockpiles don't matter. What matters is banks needing to protect their assets by inflating the price of oil.
This is a minor break after a huge 10% rise in oil in 7 trading days.
I agree with $100 oil. It is coming by the election in November. Then it all ends...
LOL, dollar has been rallying like crazy the last week, and oil has dropped to 2 day lows. Absolutely hilarious manipulation by the banks to protect their assets. Banks need higher oil to prevent mass bankruptcies in the oil and gas space. Saudi Arabia and Russia have nothing to do with this. This is all big banks doing their usual pump job on the market.
Oil will stay stagnant here as the dollar continues to rally through Memorial Day. Then oil moves to $60 by July 1.
Glut doesn't matter. Wall Street and banks need oil higher to avoid their own troubles. We will see oil drop some here, but it continues higher after a brief respite.
Your investment will be worth a pair of fart stained underpants in 10 years if you hold this that long, or any other 3x ETF for that matter.
Oil got very overbought yesterday. Yesterday's candle on the daily was nearly all above the upper bollinger band. Oil comes down some here. Back to the middle of the bands... Then we load up the truck and head for the highway. In the meantime, get yourself some DWTI.
Sentiment: Strong Buy