Here we go again...6.66....
kmsg
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What a fake out for those that thought we could catch a bounce. I learned my lesson already...nothing changes until the tech bubble pops or deflates and all this massive government spending is directed to infrastructure, energy, travel, etc.
Stay with this one...canโt be down forever. Keep in mind that the majority of global stocks are down right now.
GL
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Sooo exciting!! Like a ping pong match between 6 and 6.01.
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Materials leading the way. Only a mater of time until X heads higher. Good sign considering the crowded tech space no one wants to leave.
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Claytrader...we need more posts!
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Let me guess...another $6.66 price target....sad to say I am actually looking forward to it.
GL
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So iron ore price increases, finished material steel price increases, tariffs and anti-dumping enforced, feds buy the bonds, raised capital through share offerings...and this POS does this to me again!!!
Wtf....I am going drinking at noon. This wont ruin my sunny Friday like the last time my stimulus check ran out.
GL
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Oh geeeeeeeze....NOOOOOOOO! And i just bought yesterday at $23 betting on a dead cat bounce or oversold algo to kick in....fโit...Iโm drinking at noon today.
GL
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Seems the thing to do is to short successful companies, with solid balance sheets, immediately after they post strong ER that beat estimates.
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Another fantastic deal for GE..now wait for stock to drop as this is the new normal.
https://seekingalpha.com/news/3607296-ge-signs-deals-to-add-1_5-gw-to-iraqs-power-grid
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Massive buy volume to hit...should climb throughout today.
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So this company delivers, beats estimate on a regular basis, FCF is great, growth YoY, and the stock drops YoY???
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Finally posted something!!!! Need to punch through $24 with conviction and hold on the weekly to make the run to $29/$30, then to $35. I base this on price/volume and fib charts. I think this could reach $35 this year...then again I didnt see this low price/share for such a fundamentally sound company.
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If we can just move away from $6.66...forever....
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Finally...this turtle started moving. Very low volume, but Iโll take it!
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Donโt worry folks, we have already seen the bottom. Those that sold are already out and not back in, margin calls have already been exhausted, and the fearful sold on previous bounces. Barring an unlikely bankruptcy, any price now is a buying opp (IMO).
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Whats up with the 6.66 this stock keeps hanging at?
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I follow this stock and itโs a wonderful company. Cash flow, earnings, consistent performance...just confused why this stock price is so low. Seems big institutions pump the tech bubbles just before it pops and then will come back to fundamentally sound companies like this one.
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