SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 362.31-1.8%Nov 4 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Cogito Ergo Sum who wrote (98449)2/1/2013 7:10:13 PM
From: 2MAR$2 Recommendations  Read Replies (2) of 217541
 
AMZN had every penguin on the street upgrading it to $315/30 after the night before on earnings dropping to 255 then bouncing $30 to 284, what the play was shorting those upgrades the next day? Fade that of course!

In almost every case like FaceBook today the fundies are ramping the stocks back up then dumping into it, all manipulated like a Bach orchestra getting people to pile in thinking its going up, then comes the dump. They know they have shorts so timid right now they can pull these morning gap ups with a flood of buy orders to ramp the stock to dump shares they're all holding from 25% lower.

Check FB chart today, classic pump n dump but $2 more when you have 15mil to dump adds up, market's way up but actually some of the best shorting around as funds cash in chips just let them do their ramp thing then join in when the dumptruck arrives ;o)

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext