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Chart watch - TZOO
- Thread starter Chagi
- Start date
Wow!
For some reason....TZOO reminds me of Krispy Kreme....when it really took off....hell....maybe the donuts have gotten to me. Are there a lot of "carbs"?....in TZOO....lol. Doubt that this will last....but I hope you are all enjoying the ride. Too bad I don't trade stocks anymore. Just remember....Krispy Kreme took a big dive....but it sure tasted good on the way up.
VSTscalper
For some reason....TZOO reminds me of Krispy Kreme....when it really took off....hell....maybe the donuts have gotten to me. Are there a lot of "carbs"?....in TZOO....lol. Doubt that this will last....but I hope you are all enjoying the ride. Too bad I don't trade stocks anymore. Just remember....Krispy Kreme took a big dive....but it sure tasted good on the way up.
VSTscalper
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This is just the beginning. The Prime Brokers have to move before the accounts go to negative equity. The solution for the wise guys is to pack a suitcase with money and go to Austria, ala Thomas Badian.
I saw a post on Silicon Investor where a guy got bought in and lost a quick 36%. He said his broker said NSCC mandate. So, they're coming. Remember, with x clearing etc, a lot of fails are hidden from us. So stocks that are heavily "legally" shorted probably have a multiple of that illegally shorted. When the Feds come, it'll be that proverbial monkey and the football.
I saw a post on Silicon Investor where a guy got bought in and lost a quick 36%. He said his broker said NSCC mandate. So, they're coming. Remember, with x clearing etc, a lot of fails are hidden from us. So stocks that are heavily "legally" shorted probably have a multiple of that illegally shorted. When the Feds come, it'll be that proverbial monkey and the football.
Quote from PlebeianTrader:
For about the past two weeks there has been a very reliable way to make money by shorting TZOO.
1) Wait for the morning price spike.
2) When the spike starts to slow down and die, sell short.
3) When the crash from the morning high ends, cover.
4) After letting the stock bounce around a little for a few hours and it has settled down, short it in the afternoon.
5) Wait for the stock to plummet, then cover your shares.
The afternoon tank job doesn't always occur, but the morning leap and crash is practically guaranteed. How many people have been making money off of this? How long do you think that this pattern could possibly go on? It has been happening so regularly as to be ridiculous. Most importantly, could anyone provide us with the names of other stocks that behave this predictably?
yeah, same crap has been goin' on with aapl for ages...and for a period of time on etha stocks; not tough to spot weakness on these stocks, as u said, they spike up at open and lose steam soon after allowin' sellers to make 'em tumble in no time...prob is i find it hard to follow these patterns when im alwasy lookin to long shite at open, but latley can't seem to make a dime at da bell...are u makin' a killin' shortin' this stuff[?]
Quote from Chagi:
I've been watching TZOO for the past couple of months, it's been in a downwards channel since the beginning of December. Stock moved upwards Feb 14 on news of share buyback, and has since retraced a bit.
Point is, I think that TZOO may be moving out of its downwards channel, going to be monitoring the stock closely next week for a long entry (I have my alert set for $19).
you also have an ascending triangle pattern on your chart.
Quote from Bitstream:
this piece of shite went up more than 600% in less than 6months last yr...next massive move shud be on the upside but i expect the stock cud very well keep slidin' towards the 20s as well....wait for that and long da fella is a good r/r bet imo.
I'm expecting it to continue sliding a bit as well, but I agree that it will once again start to become quite attractive the closer it gets to $20 (fundamentally speaking). TZOO is valued fairly richly right now, but I'm quite impressed with their financial statements - this isn't just some "dot bomb" that bleeds cash and never posts a profit.