I just found this company. Fundamentals look pretty good, and the stock has pulled back from its recent high in the mid 60s. Seems like a decent entry point. Anyone have an opinion? Thx.
LINE's low was hit three weeks ago, and the stock is showing some resiliency of late. The basing action seems constructive. I'm comfortably holding my shares, and I may add more if the stock can clear 11.94, the intra-day high hit on 1/2. surpassing 11.94 would set the stock up for a test of 14.70 (the 12/18 high). Just my two cents...
Was thinking the same thing. Baird has an "outperform" rating all the way down to a record low, and then they cut to "neutral." That's comical.
I've been buying stocks for 25 years, and I've seen many instances where a dividend suspension/cut marks a major bottom in a stock. Given the general environment in the Oil space, I didn't go in too aggressively. But I did just pick up a few shares. Anyone else making a contrarian buy here?
I'm new to TVIX, and I'm hoping someone can explain why it's up 3% today while the VIX is up 7%. Shouldn't it be up 14%, as it's a 2x tracker? Sorry for the novice question, but I want to understand TVIX's movements before I consider a trade. Thanks!
As Rogers states, I'm not talking about the two companies; I'm talking about the two stocks. It seems plausible that Troim is unloading SDRL and buying GLNG. It's a question of money flow...nothing to do with board composition or business addresses. Perhaps Troim almost finished unwinding his position. Or perhaps we should simply follow the money.
Just looked at the daily chart of GLNG, the company Troim is now focusing on, and I was surprised to see it's the mirror image of SDRL. Not sure what to make of it, but I wonder if Troim has been unloading some of his 2.4M SDRL shares in the past week and buying GLNG. Or perhaps the similarities mean nothing.
I see the H&S forming on the weekly chart, but the stock hasn't broken the neckline. So it's not a confirmed H&S at this point. One could argue that it has come down to an area of support. Problem is, it'll drop like a rock if this neckline support breaks. It's temping here, but I'd like to see a move off support before jumping in. GL.
For me, it'll depend on how it finishes the day. A huge-volume reversal day would be very encouraging. Or perhaps it finishes in the upper half of the trading range. That would be bullish as well. A close near or at the lows of the day would be negative, in my opinion. Today, the stock did reach the intra-day low hit in April. A bounce off that level would suggest a big double bottom. Should support fail, there's more support around 31.50. RSI says deeply oversold. For the record, I picked up a few shares this morning. GL.
First page returned is about GTAT!.
Do a Google search for "iPhone Ion Implanter" and the first page returned is about GTAT! Given the revenue estimates, I'll buying on this sell-off. For the record, I owned a very small position going into today.
Can someone explain why the VIX is up 6%, as I type, and this is up 0.62%? I'm looking at this as a trading tool, but I fail to understand why it isn't up 12% today. Thanks.