thanks. NFLX on the list FOR 178 DAYS!!!!!! HOW CAN THAT BE??????? That's like the guy on Darwin Awards who was cleaning out an empty gas storage facility, and lit a match to see where he was. Seemed like a good idea.
it's a pay site. I don't think it's fair to copy it, but just know the 20 day ema is, was, 22.93 They sold it off within pennies of that number where I took my entry. It wasn't rocket science, it was just that they brought it to a lot of eyes, and that certainly helps. Do we have any experts in trading heavily shorted stock? I took a decent profit about 11.50, and then the stock (NFLX) gaps ..20 in a two minute period. I was gonna catch a bite to eat, figuring I'd get a reentry, and now I might not. I won't chase it, but maybe someone has some insight. I have this strange feeling we are going to have many opportunities in the next few weeks, and we might as well be ready. Nice OSTK day. Hope some profited. I hold OSTK Oct 40 calls, and am flat NFLX.
Sep 23, 2005 (M2 PRESSWIRE via COMTEX) -- www.buyins.net, announced today that the 1.34 million shares declared short on Dynamic Materials Corp. (NASDAQ: BOOM) have a SqueezeTrigger Price of $33.32 per share. Today, the company announced a 2-for-1 split of its common stock. The split will be effected as a stock dividend and will be paid to stockholders of record as of Oct. 5. The payment date is Oct. 12. The stock split will increase the number of shares outstanding to about 11.7 million, from about 5.9 million. Short sellers are down approximately $6.6 million as shares of BOOM are now trading near $38.25. THIS DOES NOT TAKE INTO ACCOUNT NAKED SHORTS, BECAUSE THE DTCC DOES NOT RELEASE THAT DATA EVEN TO THE COMPANY. HOWEVER, IT IS A MINIMUM OF 1/2 OF 1%.
FROM BRIEFING TRADER.COM BOOM DYNAMIC MATERIALS: LOOKS LIKE BOOM HAS THE SHORTS ON THE RUN AFTER STOCK BLOWS THOUGH 50DAY, 39.55 +4.15 THIS LOOKS TO US LIKE SOME MARGIN CLERK AT A FIRM REIGNING IN SOME SCUMBAG ACCOUNT. IT'S SELECTIVE. NOT THE BIG ONE YET. LETTING A HEDGIE HAVE ROOM ON THESE IS LIKE LENDING YOUR BROTHER IN LAW MONEY. YOU'D BETTER WATCH HIM CLOSE, OR HE'LL LEAVE TOWN.
200000 Shares of Boom in fiftenn minutes or so. Whew. Last two paragraphs of previous post were mine, not briefings. I hope some of you guys made a buck today. I know somebody got pasted, and I'm glad.
http://online.wsj.com/public/articl...dgDTrpThwVzTxK3i8Is_20060926,00.html?mod=mktw Today's WSJ article for those following the Sith Lord stuff. Not alot of new stuff except for some former employees of a research rag.
I understand the author wrote a book on Elgindy. He has researched the topic, hence you get an article more friendly to the victims. Remember, Bryne never said Rocker Naked Shorted. The suit is not about that. Look AT TASR today. Read the release very carefully.
Company representative estimated that there are currently 500,000 shares free trading. How many shares traded today? 962,000 shares!!!!! Wonder how this will end?
I just read this whole entire thread, very interesting material. I still don't understand, you have guys illegally shorting millions of shares that don't exist. And the SEC is doing nothing about it. What if the OSTK CEO took the company private? What would happen to the millions of naked short shares? If I nakedly short sold 1 million shares at 70 and the CEO takes the company private at 40, then do I even have to cover - do i just keep the 70 million dollars in my account? Very weird.