Legume,
Love your daily short updates...
I suspect this stock has been shorted for some time.
We both know that it is not the fundamentals alone that have caused DOM to fall by more than $1 a share in the past 3 months....
its fallen almost $2 a share in 6 months. Huge in percentage terms. Have a look at a long term chart, we are back at 2005-2006 prices now...and gold is no longer $600 an ounce...
Looks to have bottomed now and hopefully the daily dribble of short sales being continually dropped into the sell side ends for a time.
You and I can't afford to short or long sell/ buy 1 or 10 shares at a time...
IMHO this stock has the pro's working it over with computer programs
They appear to be in control of price movements and not the the average "long only" retail trader/ investor
Anyway, my guess is we have bottomed...this stock is cheap IMO
Legume,Love your daily short updates...I suspect this stock has...
-
- There are more pages in this discussion • 13 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)