The volume today probably won't exceed yesterday's volume.......and the stock would be up over 2 pts if there were a high number of buyers.
This POS is being SHORTED right into the upgrade.......and the longs are dumping.
There was unusually high stock volume, but also unusually high call volume yesterday.......a clear indication that the DB upgrade was leaked.
Too bad the SEC doesn't have enough resources or manpower to investigate this clear manipulation tactic by Deutsche Bank.
1 1/2 times the average daily stock volume......and unusually high CALL volume.....on NO news?
Oh yeah.......that's believable.
The DB analyst should be doing the perp walk with his hands behind his back in silver bracelets.
LOL......You SHEEP might as well just give your money to Chanos and his crew today........and then you better check find out "why" DB UPgraded this stock today......they gave Chanos a gift.
Today was absolutely a gift to the SHORT sellers in STX.
It's going to be great riding this POS DOWN.
Today is THE PERFECT DAY to SHORT THIS POS.
Phony UPgrade by DB only AFTER STX has run UP 18% in May alone.
These UPgrades always come at the top of the cycles.
Today is a gift to all who SHORT STX.......and believe me, I am taking full advantage of such a gracious gift.
LOL....you SHEEP are so easily duped.
And of course I used this opportunity to SHORT more of this PIG and add to my PUT positions.
Yeah, I'd say Chanos's other short is doing really well.
Let's see.....he shorted ENRON at around $80 a share, and rode it to ZERO.
He shorted APOL at around $80 a share.....it went to $16.00.........
He shorted DV at around $60 a share.........it went to $20.00.........
He shorted CECO at around $25 a share.....it went to $2.00.........
He shorted COCO at around $20 a share......it went to $2.00...........
......along with a few other online education stocks......ALL of which went DOWN.
He shorted stocks that were heavily tied to China's supposed big real estate boom........and has been proven RIGHT on that call also.
Oh yeah.........Jim Chanos's other shorts have done, and are doing VERY WELL.
Get yourself an education, sport. Then perhaps you won't look like such a COMPLETE IDIOT when you post.
Hmmmm.....think DB might be trying to hold this stock UP because there is a LOT more dumping on the way?
Funny......LOTS of insider selling too........but DB UPgrades the stock.
What..???.....DB decides to UPgrade STX now....only AFTER it's had a 20% run?
Where were they when the stock was in the low 30s?
These analysts ALWAYS UPgrade stocks at the TOP of the cycle.........that's why CNBC calls them Penguins, and makes fun of them all the time.
The UPgrade to BUY from HOLD is nothing more than a futile effort by DB to hold the stock UP so that they can get their clients out of it, before it takes a big fall.
Let's see......David Einhorn cuts his stake in STX from 23 million shares down to 5 million shares.......and DB UPgrades the stock to buy from hold.
LOL......oh yeah.....that makes perfect sense. Hmmmm.......which person am I going to believe?
Ultimately, Jim Chanos is right about STX..........and DB is attempting a last ditch effort to manipulate the stock.
Gee....I wonder why the volume was so big yesterday on NO NEWS. How many people do you think knew about the UPgrade in advance?
What a rigged market.
See you at $20.00
You know, sport.....you people are real IDIOTS.
First, you have no idea at what price Jim Chanos shorted HPQ. All you go off of is when he or someone else mentions it, but you have absolutely no clue as to when he took his short positions.
Secondly, you IDIOTS think that just because the stock doesn't down in the next 72 hours after he take a short position, that he's wrong.
Do yourself a favor so that you don't look so STUPID when you post..........and get an education.
Jim Chanos shorts stocks based on long term fundamentals, and only after exhaustive and very comprehensive research.
Check his record, sport. He has held short positions for MONTHS and even YEARS........and been RIGHT.
So just because your precious STX hasn't fallen off a cliff (yet).......don't be so quick to call Chanos incorrect in his trade or his thesis.
Go back and see how long he held his short position in ENRON and WorldCom.
Check how long he held his short positions in the online education stocks.....which again, he was RIGHT on.
Check his short positions regarding China.....in which he has also been correct.
So get an education and get your facts straight BEFORE you post.......then perhaps you won't look like such a COMPLETE MORON when you post.
Chanos will be proven right in the long run on STX.......watch and learn, sport.
You STUPID SHEEP do NO research, and you think just because the stock hasn't fallen off a cliff after Chanos makes his statement, that he's wrong.
REPEAT....Jim Chanos is NOT a short term short seller.........Ultimately, he will be correct on STX......and you SHEEP will ride this overvalued stock all the way down and lose your recent gains.
Seriously....is there no end to you IDIOTS?
That will give you a reference point as to how ridiculously overvalued STX is right now.
In the 2001 tech wreck, stocks were about 35% above their 200 DMAs.
STX has officially reached the ridiculously overvalued phase.
I'll cover my short at $20.00, there, sport.
And you will have long since margined out of your long position, and given back all your recent gains.
It's easy to take money from you SHEEP.......because you're not smart enough to know when to exit your position.
That is totally insane.