I bought 100 shares of xom(monday)going to add to my position in tif(50 shares)next week.Cat and wynn were on fire today,finally made so serious cash today....shorts finally got hurt,thats good level it out,they will be thinking twice.
I bought 100 shares of xom(monday)going to add to my position in tif(50 shares)next week.Cat and wynn were on fire today,finally made so serious cash today....shorts finally got hurt,thats good level it out,they will be thinking twice.
Why do you have an issue with poeple shorting stocks?Originally Posted by donald
He's thinking like a politician. First they ban CDS, next they'll ban selling at lower prices. We can all profit together in the world's largest Ponzi that only goes up
AMD $5.54->$6 (+8.30%) in AHs, still nothing from BIDU (Chinese search engine), duno when those are coming in
Don't blame me.
3% is pretty good IMO, however, it might go up more tomorrow given POT's results.
"Potash Corp. of Saskatchewan Inc. reported the second highest third-quarter profit in its history Thursday as it benefited from healthy demand for its products from farmers".
http://business.financialpost.com/20...rising-demand/
“Simplicity is the ultimate sophistication.”
Because shorting skews the true vaule of a company-take (cat)for instance it was not a 70 stock,did you feel it was?the only way it gets there is from shorting...or am i wrong?Look at how little it takes for it to rise(3 weeks,95ish)Look @ the buying pressure in the last 3 weeks,the market knows it was undervauled,this is on very little volume-so that would be the smart money.
How else does it work?
Hey, for once I get to brag about my winners versus my usual poor selections.
My timing was good by buying in yesterday's market.
Today 2 out of 3 had excellent earnings reports and the other one was ok too.
The price drops because there is more sellers than buyers in any given period [so a seller lowers their ask to push the transaction through], it has nothing to do with volume or shorts
1. What type of companies do you 'usually' pick that are so bad?
2. It was a brave move, glad it worked out for you.
“Simplicity is the ultimate sophistication.”
I stand corrected....too early to tell but you have to believe the smart money was buying in early october when cat was 72 and the "world" was shit scared china was going down the tubes,as it stands today one cant argue "buy when its bloody"'because early october was bloody and i dont think average joe was wagering a bet long than on the stock...weeks before cat posted 44% earnings beat.
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