The results in term of YOY and just what is needed for SP to go up were very bad. Yes some strong buying at first but that evaporated as people looked at data. You can label the fall as manipulation but it is also very possible that as data was better analyzed traders realized what this pattern will mean to SP in the next 6 to 12 months. I had predicted earnings of 65M they came in at 39M . Take a look at this chart and explain why you think the SP should have gone up? It should have gone down and I believe the next few weeks Plus Q3, Q4 and AR results will make that clear. Just for record here is the chart I posted after the Q2 report many times
you made no comment with this post but based on past comments i believe you think shorts are causing SP drop. The shorts are getting larger and they may be having an impact, but I remind you that the data you show is for Tuesday Feb 20th we will not see today's shorts till Friday. I remind you that shorters never short to drive SP down! They short to make money! Just like many people buy when they think stock will go up they short when they think SP will go down. On the 20th shorters held 66M short. Can you answer the question of why they think SP will go down? I am not saying you have to agree with them If I was an investor I would want to understand why they thought that just to make sure I was not missing anything important. Not just they disagree with me and therefore they are evil and wrong.
LYC Price at posting:
$5.90 Sentiment: Sell Disclosure: Not Held
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