I think it was every day this week during the doldrums when a huge block of underarmour (like 500,000 shares) crossed the screen. On thursday, my broker tells me theres no UA available to short. Any thoughts on whats going on?
well that would be super for our economic prospects don't you think? Somehow, taking out a sportswear company just doesn't sound so scary anymore
The market maker algo or whatever in that stock is a fucking dickhead. Definitely a manipulated security. And yes I AM POSTING THIS BECAUSE I HAVE NET-NET LOST MONEY ON IT. Doesn't mean you guys can't kill it. Not all securities I lose money on are manipulated; many securities I make money on are totally manipulated. I'm just providing a friendly warning that he's good at making the stock look like the buy of the century and then spreading it down 75 cents.
Oh yes. I agree totally. The price movement in this stock is totally bizarre. Eleven points down because they ran a superbowl ad? Ridiculous. It can be trending nicely, on good volume, and literally fall through the floor in a nanosecond. I understand that kind of volatility when I'm investing in a third world war zone, but Baltimore MD isn't such a scary place...
When was it 11 points down? They were talking about this thing non-stop this week in all of the news outlets. Not just the commercial, but the fact that they are trying to take on Nike with a new sneaker. I was just confused where it traded 11 down.
okay, so now i know i live too much in the moment, or maybe its the Rebel Yell. it was 1/17 to 1/18 that it gapped down so horrifically.