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Covered today, made a decent profit from 17.4. Good luck to you and every still playing here!
I am short since 17.5. couldn't find any shares to short in the 20s, lucky you...
And we are in the 12s
Oh sorry I was confused, seemed like you were a long? Are you long or short?? Lol
Are you planning on buying all the way down?
Premarket hits at 13.5.. Not a good sign ;)
Me too.. My 30 day minimum hold is getting ready to expire next week. Was expecting a bigger move to the downside from when I shorted at 17.50. When do earnings come out
Haha one of these days this will fall like a rock..
Stock price is still up big from $3 where it used to be.. Doesn't seem like this company has gotten many orders despite it being in the right place at the right time.. I doubt it will go all the way back down to $3 but $7 is very possible
Yup, posted this news 6 days ago.
Also, looks like the latest news is calling for a shareholder vote on whether or not to dilute..
Meanwhile, check out TASR. My long TASR short DGLY play is working out nicely
Day after day? This was 23 not too long ago. Now it's 16. Hardly been running day after day.
Yep, enjoy the 15s while they last ;)
Weekly chart shows capitulation, huge volume, up on the week. Calling the bottom here.
True, nice, good luck!
LONGS GETTING STOMPED!!
Thanks sumo, best of luck to you too.
RUSL
I got in at EOD today.. Plan to hold for a month.. Fear is rampant.. Should dissipate in due time and this will rebound nicely.. Glta
Without massive volume from momentum players this stock sinks...
Yup.. No problem!! Now delete your message, no talking about deleting messages allowed bro!!
Yeah because diversification is a bad thing... Smh
I feel bad for DGLY... They are in the right industry at the right time to make a TON of $$$ but they just can't get any orders...
LAPD TO BUY 7000 BODY CAMERAS FROM TASER INTERNATIONAL
The Los Angeles Police Department announced Tuesday it is ready to deploy 700 body cameras on patrol officers in the Central, Mission and Newton neighborhoods of the city beginning in January.
Police brass and city officials said they plan to buy 7,000 body cameras in the next fiscal year so that every patrol officer in the city will be outfitted.
In November, the department decided to purchase equipment from Taser International. The company makes a body camera called the Axon Flex that looks like a small pager and is designed to clip onto the front of an officer’s uniform shirt.
http://www.scpr.org/news/2014/12/16/48713/l-a-mayor-announces-body-camera-rollout-for-lapd-o/
Lol an article about how shares are hard to borrow? Because all the smart money wants to short?? And you are celebrating???
Did you actually buy..? What price
tell me what the beta is from an OLS regression of LAKE returns on market returns, and the beta's t-stat, before claiming that this stock co-moves with the market... I doubt that this stock's market beta can explain today's -10% drop... yahoo finance says the stock's beta is 0.22, which would mean that about .22% of LAKE's decline today is from the market (as the market was down about 1%), but i don't trust yahoo's beta number so I will give you the benefit of the doubt that you did the proper analysis before attributing the rest of the 10% down day to the overall market movement... TYIA...
And back down
You have to wait a month before rebuying or else it is a wash trade and you get no benefit from tax loss selling!! In a month no one will care about this stock and it will be $10 or less!! Glta..
Why would they be selling.. Thought this was going to $100? If they bought at $30 surely they are in it for the long haul??
Tax loss selling?? Wow. People don't "tax loss sell" a stock that is UP about 50% on the year! This is simple mean reversion. The price ran up on hype, it is now coming back down because the price doesn't reflect the fundamentals because the company sucks and can't get any orders despite free money from obama. Police would rather take their business to TASER.
Might go lower too, with the fact that this company can't get enough orders to turn a profit..
I fully expect to see $10 (longer term)
Nope.. Short and strong lol
I agree with your rule.. Stock is still up about 500% from the bottom.. Would you say people have been buying or selling this stock? To me it looks like buying, which is why I am short. Glta...
Texas fight! $$
Nice trade.. Got out of my short position, had a $18 avg, glta...
Buy low, sell high... Let me know when you sell out of this one... Good luck
what prices did you buy? I know you bought at 20 recently
Bottom line is the company lost money.. We will see what the cc says but looks like i was right.. Will be down more tomorrow imo