The bad guys keep raising price by buying and selling at the same time with price higher and higher to lure innocent investors to buy. Then they dump their shares to make profit and cmg crashes soon.
This is how wall street crooks make money on american workers's 401k saving account. No matter how good mexican food is, it can't be worth that price.
Wunderlich analyst upgrades CMG from 542 to 560. Why in the world someones are willing to pay 605?
The only thing which happens is some scam artists raise price to squeeze shorts and lure longs to buy. They might raise price to unload their shares because they knew in advance bad news coming. Wait and see in a few days.
I shorted and bought icpt about 10 times and made money every single time. I said that not because I wanted to blow my own horn but because I wanted to show you at least I had some credentials about icpt.
This stock is a toy of Wall Street crooks to make money on the back of innocent investors. They upgraded icpt from 75 bucks to 800 bucks and made it went to 400 in a couple of days. This is a dirty scam but if we can exploit that we can make money.
Every day they make icpt to go up before or at the market open then they lower price gradually until market close. You look at the chart and see it clearly. Either I shorted after they raised price in AM and sold in the afternoon or bought it at market closing and sold in the next morning and made money.
If you can't do it, you should use your money to invest in other stocks.
When WS big boys such as GS upgrade a stock you should understand they already bought a big load of shares of that stock months or weeks ago. Now they are ready to dump on you when they upgrade (stock). NFLX is no exception. First GS kills shorts then they kill longs as well. You'll see nlfx will be down big time in a short period of time. After all if we're GS, we would use the GS weight to do the same thing to make money.
Jeffrey Pifer #$%$ and Jim Cramer try to pump gwph to the moon and they'll dump their shares on naieve investors. They make people think marijuana is a magic drug. If it's true all marijuana addicts would be disease free people and FDA should encourage every body to smoke marijuana..
What we should do:
Hold tight shares we already have and buy more when it dips if possible. Don't buy on margin because sometime MM drives the price too low and forces us to sell with a loss.
1. Almost all growth stocks have shelf registration sometime to raise capital for expansion.
2. Self registration always depresses the stock price temporarily.
1. Longs: Shelf registration won't lower the stock price and make it to go to the moon.
2. Shorts: Shelf registration will lower the stock price badly even make the company go to bankruptcy.
As an investor, we should do the DD to judge if this stock is a growth stock and if it has a good future.
For KNDI I think it is. Because it happens to be at the right time and the right place: China has a very big pollution problem. One of the solution is the EV and KNDI is one of them and it's a Chinese company. Every one knows Chinese government protects vigorously its own interest. The local companies will reap the benefit from the subsidies of their government..
correction: "repeated" instead of "rpepeates"
There is another aberration on level 2: bid price and ask price are far away each other: for example bid price is 12. 85 and ask price is 12.95. There must be a manipulation.
Every time kndi pops up there is some law firm impersonates government agency to investigate kndi. They try to make investors believe kndi are doing something wrong and investigated by SEC now. But this story is rpepeated.over and over for years.
I wonder if there is a conspiracy trying to keep kndi price down?