The "New York" based bank is probably out of Schenectady. But hey, if they can turn and burn this thing I'm all for it.
Now that I have long term instead of short term gains, China is the number one reason I'm holding.
However, I'm guessing that this Monday business is going to take a few quarters of observing before you can use it to make accurate predictions. I remember that the PCGS estimates were off at first when you were using them and then you figured out a way to back your way into better predictions.
For now, the best we can probably do is observe growth in that Monday number. Maybe on the next US national holiday when we get two days of international data free from US noise then you can evaluate to see if Monday's are high/low/average vs. other days of the week.
Regardless, I appreciate what you're doing just thought I'd offer some insight on how to potentially refine the process.
Sentiment: Strong Buy
Looks like there was a filing today about Renaissance Technology Fund bumping their share from 7 to 7.5% recently, but that's all I see. Maybe something to do with the Brazil contract is leaking?
Seriously. This symbol came up in a screen I did because of the dividend which got me interested, but holy smokes, after researching it looks like a guaranteed short. Granted, I only found it about a week ago so most of the short money has been made and I didn't actually short, but what is the plan here? Hopefully Voyce isn't supposed to be the savior.
More importantly... at least maybe... that means it's the last day for shorts to cover and not have to pay the dividend.
I thought I had the year locked up already, but I double checked and found out I was wrong. So, here's one long who doesn't have a finger on the trigger just yet. Hopefully the shorts hold out for another couple of weeks.
That has to be what's happening, right? Not that I'm objecting.
Nice work Dbtunr.
The only thing I worry about at this price, short of macro econ problems, is that I'll be caught waiting for the short squeeze that long after this peaks in the short term simply because of how ridiculous that day was in 2011. The dump and buyback later was such a satisfying trade, I think I'm stuck on the idea it will happen exactly the same this time around. I guess there are worse dilemmas though, and I love the move into Asia.