I guess this maybe the turnaround. BAsed on market cap and shares in the float the stock should be about 80bucks.
that drop was done on purpose to take away shares from people. ITS always the same game, The reversal was the other day with 15million volume, low was 36.65 or so but closed above 39. I think its up up and away from here. Company wise it sucks but for share holders its going to be good with cost cutting and outsource of jobs, You may see the boycott signs when people lose the jobs though, not sure if thats going to effect the stock.
the company is going belly up! buy put options dont short the stock, two years out, YOU WILL WIN
IM serious. THeir systems with the merger are out of whack. I have 30 strike put options jan 2016 will wait it out. THEY not making any money, and who in their right mind would invest in this company that gives no dividend?
THe media and cnbc bashed the stock when it was in the 90's and 100's and constantly burned the shorts all the way to 250. THEY shorted the top as the shorts covered and got burned.
ITS a rigged game folks, DONT trade this stock. YOu can not predict what will happen with numbers. ITs all about large positions which way they are faced. REMEMBER the people that control the stock can see all open positions.!!
ITS all gambling not based on real numbers!@
GET OUT OF THE MARKET IF YOU ARE AHEAD
i got burned out of my short position last year. NOW i see this fall. I still would stay away. THIS stock taught me a lesson, the big boys can see all positions and will take it the other way even if it makes no sense. Everyone knows this stock is overpriced and wanted to make it look like an easy short but guess what it went straight from 99 doillars to 257 high no looking back. If i did not cover I would of lost all my money.
TOOK the shorts to the cleaners, awesome swing though. The stock at most is worth like 35 bucks.
SO we hit 420ish area and now becomes oversold and than bought. Than we have rumors and all kinds of games played to prop the price back up and we move 50 points higher. Than we get downgrades and now we have a sell off about 30 points from nearing 470. I am long 455 calls which I bought on the cheap. I think we go higher next week in the start of the week only to sell back off the second week. WHEN upgrades happen the boys want to unload the shares. WHEN Downgrades happen they want to buy shares. It goes feel like catching a falling knife because its hard to time it but lets see what happens. WE have heard nothing from the company in a long time maybe the start of a new quarter and some good news can get us to rise again. I will get out on Monday if this goes red again.
THEY run the show, you can not talk bad about them. Is it not funny how this stock gets yo-yoed near option expiration?? SOME of them say strong buy, others say strong sell LOL
I agree with you on the call side for the notion it may have a dead cat bounce. SOON as it makes news and everyone starts to upgrade and cause these spikes usually means its the end. THEY run it up to lure people in just likey they did with apple. THEY never completly kill the HEN that gives them constant money but they make a killing from the swings and options market.
I have learned the hard way but to make money you have to sell options calls or puts. BUYING options rarely works out.
what do you expect the price to be?? I actually expect it to come down in price. THE upgrades came they sold off on it. THE entire week the stock dropped and insiders are bailing. IF it does go up than the only reason i can think of is the boys will push it up to squeeze shorts from this week if they did not cover. TO get to 850 level. WHEN insiders sell someone has to take the shares. RETails dont have that kind of money to buy the big sales. SO if the institution are buying than they have to get their money back by raising the price and in return take shorts money.
I can be wrong. Tough call though on this one. ITS gone up so much so shorts can think it will come down but can actually go higher.
they took that down to 1.85
looks like they are trying to pin this to 825 this week?? your thoughts?
I had a sell order on my options for $5.50 on the 830 calls. THe market opens and it trades at $5.40 so it did not trigger and went straight down LOL. I tell my wife and she goes you are crazy and I said well maybe they can see the sell order and rigged the price not to trigger it :)