Sounds like a plan -- buy it when it's finished going down! Who ever said trading was hard?
VRX Valeant Pharmaceuticals
- Thread starter Hemant Verma
- Start date
Ackman?
Amazing, perfect example of market deception. Amazing. Some stupid news "Criminal FORMER CFO" shook the stock out to retest the lows yesterday, then they announce some other news today, and it pops 30%.
The market is a pure mechanism of deception, I love it. The trick is to learn to identify deception.
The market is a pure mechanism of deception, I love it. The trick is to learn to identify deception.
Now you have it all figured out... Yesterday: "[Downside momentum] really hasn't slowed in my analysis during this entire move.... It might [continue down] until it is worthless."
I was unable to capitalize on this, after yesterdays move I was expecting further shakeouts. Not sure what you are talking about or trying to say.
My point in the most recent post, I thought it was an amazing act of deception by the "real players" out there putting in a bottom by controlling the timing of information on the market. Amazing if you ask me.
My point in the most recent post, I thought it was an amazing act of deception by the "real players" out there putting in a bottom by controlling the timing of information on the market. Amazing if you ask me.
Ya never know who is posting on elitetrader
Exactly....this bounce could have taken months....
and placing long positions in calls could have been foolish given the incredible implied volatility and attendant options premiums.
Not really, the best options are the expensive ones. Usually underpriced really, if you're willing and able to stalk the trade.
would love for them to halt the stock and toast these shorties this morning. News could be coming at any time at this point