If people would start buying this stock it would move up so fast. Yesterday we had some like 230,000 for the day and today has started out even more dismal. The Street and the Fool are promoting, but no one is buying right now. ??? It looks like Gold is on the move because of Ukraine.
This week was suppose to be all about the jobs report, but with the whole Ukraine, it became a trading week. I rocked on DIS but missed yesterdays run up. I sold half for on a profit taking trade and I think that's what's happening today with the jobs report as an excuse. I am looking to next week for some action on AZO. Like you said earlier, the buy back might get thing going next week.
Stocks are a lot like golf, I think I am going to get an old club and label it stock club. When stuff like this happens I can at least throw my stock club out in the backyard and hit something. You could have thrown a dart at the board yesterday, bought and made money today unless you hit AZO. Jim Cramer has the "Water logged and getting wetter" theory, maybe he's right, I don't know, It would have been nice to have made a little money right out of the gate on one of the biggest up days in market history after the best Q2 AZO has ever had. Thanks for letting me vent for sanity.
If it were all based on the stock, it would go higher, but the stock is being controlled by external factors, this coming week and past Friday it is and was the jobs report, but long term if they continue to show growth then the stock should continue to rise. To me the interesting part is the short interest. Even with the pending jobs report, the shorts should have been feeling some pain. Maybe they are taking their loses and simply not covering. It will be interesting to see it unfold.
This whole thing is based on the jobs report to come next week. Last month ADP had a preliminary report that squelched the whole thing. This is all Obama's failed policies. Anyway, we may continue to see a drop in the price this week. All it is, is the big boys getting a discount by using the media to manipulate the situation. We should have all sold on this past Thursday and then bought back on this coming Tuesday and Wednesday. Be prepared for some pain this week though as the market is being controlled by the report and not the stocks.
We are no longer at 40% of the float, we are at 39% of the float. Today should remove even more. This is a big one. 30,000,000 traded and only 1% reduction. Wow. A car fire right now would send the stock back into the hundreds, but that's about it. So everyone short here is pretty much waiting for a car fire and they call the longs crazy. This is good stuff. Good Luck Longs and Shorts, but I hope there is not a car fire.
I was and they were destroyed enough for me to hold the stock through the earnings report. Their shelves were empty before the Target debacle. Then they got ubber toasted, shelves empty, retail clerks dog tired heavy on over time hours. I am not worried about the number about to be reported.
This is the long and short version of russian roulette. If there is a car fire then the longs gets hammered, but right now the longs get to put three bullets in when they hand over the gun for the spin. How long can the shorts hold out? How long can the longs hold until disaster, if there ever is any. I wouldn't put it by a short to torch one of their Teslas in order to make news happen.
Did you guys hear in the TSLA call that Musk attributes social media, especially TWTR for helping get the information out to the public about the Model S fires? He said that without TWTR the information wouldn't have gotten out there fast enough. Stories like that make me realize that we are looking at the media of the future now. Soon the FCC will have to park some narc in every home in the world to censor the flow of information. Fifty bucks is nothing for TWTR, if it goes down to thirty or twenty then look at it like a gift. Buy more and forget about it for ten or fifteen years and it will be worth a fortune. A great place to throw back as little as 30 or 40k. Even a grand should be a nice little college fund in fifteen years.
If you took away all the splits since 1964 DIS would trade for approx $33000 per share which means that we are trading partial shares equivalent to approx .242% of one share. To truly buy one share you have to buy 413 of today's partial shares. Go DIS, closed over 80 or just over $33000 per 413 shares yeah!
CEOs get sued for this kind of thing all the time. He couldn't just implement the plan over a few quarters, he had to do it in the one earnings call that could have driven the stock to new highs. What an idiot. Doesn't the fool know that stock holders are called stock holders for a reason. You've got to have a reason to hold the stock and poor guidance on some #$%$ quick fix plan isn't a good reason. I hope the stock drops to a dollar and he gets a law suit on his desk Monday morning because that's what CEOs like this deserve.
Before TSLA earnings call yesterday I wanted to buy some options. Mid day the stock was trading for around 196-198. I looked at call options and liked the March 22 $210s for $11 +/- Open. I thought if the stock did rise it would go above $220. I was obviously wrong. It didn't do to badly though I thought until I looked at my options. The price is basically the same plus or minus a couple cents. Now why?? I should have made at least a couple bucks per contract share. Hit me wizards with the info, I think someone had there hand in the cookie jar again.
I don't think I have ever seen this kind of a squeeze about to happen. It was 40 percent of the float at the EOD two days ago. It was most likely closer to 50 percent before the earnings call. This could take more than a week to happen. That is a lot of pain.
If they do have a good report, then this will no doubt be the mother of all short squeezes. You gotta be in this one, just for fun. I can feel some major pin action in the works either way.
If you look at the options, no body is making money here, it is pure manipulation to short more. 165 march puts are awesome price right now.
It is dead money for at least six months. That is the forecast. The cold weather will reduce earnings in the first quarter. No measured growth for six months.