Short a company in the middle of a turn around - Like HPQ be careful what you short and make sure your analysis is correct. So many got it wrong when HP was $12; all based on the decline of PC sales. What we forgot the cloud play. Ouch!!!
it's time to get back into this name. Lots of new buyer above $4.50.
looking for $4.50+ next week. weak hands leaving while funds are picking up bitcoins on sale
Sterne Agee comments is to justify their negative note two weeks ago. Just trying to save face. Now they're use 1X book as justification. Plz ZNGA will deserves much better. BTW, I bet that next week you'll see a new game released that will have the addiction of Candy Crush. DM is going to keep shorts at bay now. He said turn around would take 2-3 qtr's when he started. After 1 qtr he's off to a good start.
I'm with you Toy. Too much negativity leads me to believe the big boys want this higher. Now the real question is what's the more profitable trade? Shorts have quite a hefty profit....can it continue?
Can some explain the constant weakness...new 52 wk lows almost every week. What gives?
Well so far their influence has resulted in a all time new low. Lost lots of dollars following them. Did you see Ross's loss on LPDX...it's as bad as XCO but losses are quicker. So depressing.
On top of recent decline neither Ross or Pickens have bought below 6 yet, much less 5. Ross has agreed to back stop @ 5. Wonder how much they had hedged on the downside? You won't see that disclosed anywhere IMHO.
piggy? I bought in 2011 for 4.75. I don't consider a nickel being a pig. Give me $10 then we'll talk.
I understand I get one share of Class C share for every 13 SIRI shares. What I don't understand is what LMCA and LMCB shareholders deal is. Originally I thought they were getting 2 shares of LMCC shares for every LCMA or LCMB shares and everyone would own LCMC shares. I've read some state that LMCC is like a free dividend to current LMCA/B shareholders and they keep their shares they own now because they still have voting rights. Can some please explain in layman terms how the deal effects both parties. Totally confused right now.
Put your life savings on your short. But honey, I read news article after news article saying it was going bankrupt in 6 months it was a sure bet. Yes, I know I know SOROS and other billionaires were backing the stock. I thought I was smarter than them (I meant their own team). See ya at $20 shortie.
Is it worth selling and re-buying LMCA shares? At lease you would have voting rights and get 2 new class C shares.
maybe that the reason for the record shares trading hands. It's hard to tell whether most are new buyers or shorts covering. I would normally say this is overbought but it's been depressed for years. Where does it go from here. Still believe plans is for over $5