I know this is going to take a turn here in session. Way oversold and below VWAP. CFO had some comments that where realistic and shorts came to pounce on it. Nothing material since they just closed more-than-100% their marketcap with this round of financing.
Looking to 430PM EST as the CEO is live to the nation talking about positive foward looking statements that will hopefully send the shorts home packing.
Load up here and have a 10% stop loss.
Won't be surprised at all if this closes in the Green as the S&P is starting to take a turn.
Looking to 430PM EST as the CEO is live to the nation talking about positive foward looking statements that will hopefully send the shorts home packing.
Load up here and have a 10% stop loss.
Won't be surprised at all if this closes in the Green as the S&P is starting to take a turn.
Trade active:
The gap is almost fillled right now so should see some sort of short covering this session. If not - I am only adding and averging down.
Trade active:
Believe it or not - I'm actually still stomaching this noise and loss. And I'm not at all concerned. In fact I will be adding - There are a TON of shorts that need to come home and on any green day will launch us back up to a respectable marketcap.
Lots of cash here and lots of rook for top line growth.
Lots of cash here and lots of rook for top line growth.
Trade active:
Definitely maybe should of taken 16% profits before the head and shoulders formed and this followed the markets.
However, I wasn't concerned and only added on the dip. Macy's marketcap is practically there current cash position...theres not even a 3 or 4 x on their top line. This is absurdly undervalued for the retail space.
Should be seeing a nice short cover here today.
However, I wasn't concerned and only added on the dip. Macy's marketcap is practically there current cash position...theres not even a 3 or 4 x on their top line. This is absurdly undervalued for the retail space.
Should be seeing a nice short cover here today.