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
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.
Interesting that you should mention this, I've actually started watching TZOO again fairly closely. <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1085224>
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[?]
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.