Let's see her GAP up Monday AM into $11.20's and push for $11.50's end next week. and uptrending.
Also good call on POM-Pepco last yr. 10/13, u held until this yr. that was MONEY!! $9 pts str8 from $18 to $27
I agree let the short keep shorting and do nothing (no buy no sell for longs), then the shorts will stew in thier owwn dumb decision and before yo know it it's too late they see $14's then they cover when all ongs start bidding buying all shares up when there's buyout.
$15 was the start price beg. yr.
Yeah, lehman crisis was small, compared to china if they explode, watchout financial armageddon will occur.
From Jun 9, 2014, $13.30 plopped to $12.50, I think this weeks close, (12.86) near last week close (12.81) was an attempt for VALE to move higher, but China reports bad, geo events, and ore keeps falling, or oil higher prices (which is not good for miners/ high oil they pay higher fuel cost for running their mining equipment) next week we could break $12.50 and see even $12.20's. I think VALE may go to low $12's/// if Barron and UBS is right on the $10-$11 range we phoooked!
But I think VALE needs to (capitulate down BIG for the flush of longs-and get them to abandon and let shorts eat well or make some moola) before moving higher like PBR did earlier this year in 2/14-3/14 then boom PBR $10 low then moved $15 fast.
market correction starts with china and all geo events going on
this is wut I replied to a short at $12.56, he went short at this weeks low;
shorty once u get a bukkake in the eyes or japanese rain googles, you will see clear and cover around $13.50's, 1/2 your short position then, the other 1/2 @ around $16 for a avg short -buy to cover for you at $14.75!!
once you get a bukkake in the eyes or japanese rain googles, you will see clear and cover around $13.50's, 1/2 your short position then the other 1/2 @ around $16 for a avg short buy to cover for you at $14.75!!
suppose to be up.
yup Spring past and nada no correction, Bears still asleep, they may start to hunt for Salmon now.
no one cares about your #$%$ family from West VA, bunch of inbreeding hicks
more pain on the way,
Shorts got scared.. hehehehe
let see where she is @ next week.
Data looks good, but ecb on deck
stimulus from Euroland coming and maybe china stimulus too.