No, thats not the reason why its up. Its because Jim Cramer declared it to be "the next Hansens" on Mad Money on Friday. Them appointing a VP has nothing to do with it.
I may not have graduated to large position trader just yet, but I am also not the guy who hangs the bids/asks at the local bucket shop.
There is a large gap below, a CNBC pumper shill, and then you have the price action struggling in the current range.
I placed a bottle of soda on my memorial podium for Jesse Livermore. Jesse told me that the bald guy is up to no good and that he would short it right where it is now.
I will watch and wait to see the price action, but I will slip in with my shorts. The bald headed guy's chant wont last for much longer.
I may not have graduated to large position trader just yet, but I am also not the guy who hangs the bids/asks at the local bucket shop.
There is a large gap below, a CNBC pumper shill, and then you have the price action struggling in the current range.
I placed a bottle of soda on my memorial podium for Jesse Livermore. Jesse told me that the bald guy is up to no good and that he would short it right where it is now.
I will watch and wait to see the price action, but I will slip in with my shorts. The bald headed guy's chant wont last for much longer.
Quote from james_gsx:
I don't know if shorting them would be such a good idea. Unless you were able to succesfully short on a day everyone was unloading like last Friday. Today they announced a new senior VP and the stock popped. I think this company is going to grow pretty fast.
But I wont buy more until it falls back a little bit. I am starting to wonder if that will happen though, 21% of the float is short and if they decide to cover the stock will only surge higher.