as the saying goes....volume precedes price. looking for a big move up soon. Gap below bothers me but oh well volatility is good and this company is going to make a mint this quarter.
Sentiment: Strong Buy
Chart TA: forming a massive inverse head and shoulders.....very bullish! :) 11 days left in the year hopefully they run it higher before year end! :)
who cares....MM might fill the gap at 7.50. what is important is 6 months from now. it should double from current price.
Sentiment: Strong Buy
FXCM metrics were decent given the zero volatility in Nov. I expect GCAP to be very similar.
By January expiration the price of this will be down to 8 bucks and change. Mark my words. I hope the company buys back a #$%$ load of shares at that price.
Notice how the volume has contracted lately. Shorts are walking it down slowly to collect the option premium. lots of puts and calls were sold. We need to bounce if we have any chance of moving higher the next two months. we are right at the 618 Fib retracement of the Oct 13 move higher....so it could just be the MM
Put and Call sellers are at it again. collecting premium till January expiration. price is being pressured down so that calls expire worthless along with puts. dont expect much movement from this till after January but it looks like February is also. Big money is controlling this and there is no catalyst for it to move higher in the short run.
Old data. from June. This continues to be a value trap. I am patient and long but big money controls this. Best thing that could happen is a rise in interest rates.
Exactly. But will management get it? or will they be forced to get it. Lots of Franchise value here but low rates and poor strategy/management has cost shareholders dearly.
The best they can do is spin off the LTC business and stop writing any more and let it run off. 2years of gains flushed in 2 days... there is value here but Wall Street hates this company. Shorts have made a killing here. time to cover and move on.
yes the street is fed up and are showing it. I added to early but know this is a double from here....long term.... now a 10% holding will write covered calls and collect the premium to reduct cost basis.
I added another 25% ...this is steal here. breakup value is much much higher. It can go lower on fear and liquidation by funds alone but this is a great "value" opportunity. split up divisions...fire management and shareholder can easily get 14 bucks out of this.