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why is no price showing up anywhere?
Groupon financials dwindling, some like this coupon app is where they need to go next with it. Rars perfect fit
nah, no way RS coming, moves to fast either way to warent that. Neverthless, interesting watching this on a level 2 perspective
moves big either/or on such little volume
whos that?
wow, looks like I may have missed my chance for a super low entry, but you're right, any substantial news and this thing will fly up extremely quick..perhaps multipennies.
GL
tripple zeros coming , good luck here folks i'm out
trade carefully , can see further drop
(Reuters) - Federal Reserve Chairman Ben Bernanke strongly defended the U.S. central bank's monetary stimulus before Congress on Tuesday, easing financial market worries over a possible early retreat from bond buys.
The Fed chairman also urged lawmakers to avoid sharp spending cuts set to go into effect on Friday, which he warned could combine with earlier tax increases to create a "significant headwind" for the modest economic recovery.
Bernanke said Fed policymakers are cognizant of potential risks from their extraordinary support for the economy, including the possibility that it might fuel unwanted inflation or stoke asset bubbles.
But, in testimony on the central bank's semi-annual report on monetary policy, he said the risks did not seem material at the moment, adding the central bank has all the tools it needs to retreat from its monetary support in a timely fashion.
"To this point, we do not see the potential costs of the increased risk-taking in some financial markets as outweighing the benefits of promoting a stronger economic recovery and more rapid job creation," Bernanke told the Senate Banking Committee.
In response to the financial crisis and deep recession of 2007-2009, the Fed not only slashed official interest rates to effectively zero but also bought more than $2.5 trillion in mortgage and Treasury debt in an effort to push down long-term interest rates and spur hiring.
The Fed is currently buying $85 billion in bonds each month and has said it plans to keep purchasing assets until it sees a substantial improvement in the outlook for the labor market.
Minutes of the Fed's January 29-30 policy meeting, released last week, showed a number of officials felt the potential risks posed by the bond purchases could warrant tapering or ending them before hiring picks up. However, several others argued there was a danger in halting them prematurely.
Bernanke appeared to be in the latter camp. "The benefits of asset purchases, and of policy accommodation more generally, are clear," he said, citing improvements in the housing and auto sectors and tracing them in part to the Fed's stimulus.
"There is no risk-free approach to this situation," he said. "The risk of not doing anything is severe as well. So, we are trying to balance these things as best we can."
NO SHIFT IN POLICY COURSE
The testimony helped offset jitters in U.S. stock markets over Europe's debt crisis, with major indexes rising in the afternoon, while bond prices fell.
"What Bernanke is saying, bottom line, indicates that there will not be a reversal anytime soon in the stimulus program," said Peter Cardillo, chief market economist at Rockwell Global Capital in New York.
When asked pointedly by Republican Senator Bob Corker about whether the Fed's easy monetary policy was contributing to competitive currency devaluations globally and laying the groundwork for inflation, Bernanke was unequivocal.
"My inflation record is the best of any Federal Reserve chairman in the post-war period," he retorted. "We are not engaged in a currency war."
Democrats, for their part, seized on Bernanke's remarks to fuel their argument that looming budget cuts could have a dire economic impact, as they sought to gain political advantage over Republicans, who would rather see spending cuts than higher taxes.
Committee newcomer Elizabeth Warren, a Democrat, pressed Bernanke on what she said is an implicit subsidy that large banks receive in the form of lower borrowing costs from being perceived as too big to fail.
Bernanke countered that Dodd-Frank financial reform rules had given regulators more power to wind down failing financial institutions, making the issue less of a concern.
"The subsidy is coming because of market expectations that the government would bail out these firms if they fail. Those expectations are incorrect," Bernanke said.
A PLEA ON BUDGET CUTS
In unusually direct remarks on fiscal policy, Bernanke warned the near-term spending cuts known as the sequester, which are set to take hold later this week, would threaten an already challenged economic expansion.
"The Congress and the administration should consider replacing the sharp, frontloaded spending cuts required by the sequestration, with policies that reduce the federal deficit more gradually in the near term but more substantially in the longer run," Bernanke said.
The U.S. economy braked sharply in the fourth quarter, but is forecast to grow around 2 percent or more this year. The unemployment rate has remained elevated, and registered 7.9 percent in January.
Bernanke, who appears for a second day of testimony before a House of Representatives panel on Wednesday, said persistent joblessness was a scourge with potentially long-lasting effects.
"High unemployment has substantial costs, including not only the hardship faced by the unemployed and their families, but also the harm done to the vitality and productive potential of our economy as a whole," Bernanke said.
The central bank's semi-annual report also downplayed the possibility the Fed's bond-buying might be stoking asset bubbles in certain markets.
"There has been limited evidence so far of excessive buildups of duration, credit risk, or leverage, but the Federal Reserve will continue both its careful oversight and its implementation of financial regulatory reforms designed to reduce systemic risk," it said.
(Reporting by Pedro Nicolaci da Costa; Editing by Andrea Ricci)
http://www.reuters.com/article/2013/02/26/us-usa-fed-idUSBRE91P03T20130226
agreed, and the emails that went out on RARS was only about awarness of it and bottom prices, really nothing more.
looking more like alot of dilution
nothing from the Company either,
RARS, markets are waiting to hear some updates! Revenues, deals, mergers, you name it.... waiting on Sidelines for entry
I'm sure this market maker or whome ever is going to want to see a hefty return on that 78k
GL
yup any news, and its in the pennys in no time
Happy Trading
Saw that...huge shortage going on.
VFIN has been selling alot of shares, not looking Good IMO
dilution
It does move extremely fast when flippers are holding off
Good luck too all here!
retail market makers are on both buy and ask sides, typically one or some strickley stay on the ask side when dilution is taking place. I haven't noticed any newbies (MM's) strickly on the selling side... but we shall see soon enough, in otherwords would like an update regardless
GL
or was that a short?
or tripple zeros perhaps? I hope you're right though. I'm only holding a few. RSI way way oversold so should see a bounce, then perhaps I jump in. maybe I'll wait for tripple zeros
strange no company news, perhaps this was just a way to fire sell this off.
not sure what can push this up now. Further contracts?
understanding existing revenue is coming in, but this can be sometime before the AMEX uplisting... unless they RS which nobody wants
wasn't this type of volume action even before the mailer went out. I think this is being tanked for a reason. Afterall, why sell before any news!! Just a thought.
anyway
GLTA
or smart hole .... just the start of this campaign.
RARS sold, or something big in the works... can't promote thin air... they have something brewing
all emotional selling right now. The chart is forming, this is so not over...
GL
"i really hope people arent throwing too much at this play"
this of course depends on the company news. if its substantial, it will run hard.
GL
agreed and man this moves fast...
be nice to see a huge contract come through! then she'll sky rocket to AMEX
Maybe RARS has a deal with Groupon! that would sail it back to the 50's in one day
waiting on news....
no news from the company as of yet. I hope its big!!!
GL
Agreed, that is the main reason why I am here as well.
Happy trading
Question. I get the overall curve is bullish, but what do the last two candles mean in terms of shape? being just a line for example.
thanks in advance
200k stock pump down the toilet
Hello Clay, what are your bollinger thoughts on CDFT?
should be an interesting next week! after we hear an update on the AMEX
yup. charts are bearish... they want out!
careful trading
Yup 5 dollar stock
Me too, but if they RM into the pharm, they won't need one
rars needs a name change then re-promo
The MACD for VPRS currently provides a strong bullish signal for two reasons. First, the MACD is above the signal line, a 9-day moving average. Second, the MACD is above the critical level of 0 which means that the underlying moving averages are trending higher
if they "up list" like they had mentioned in an earlier press release, this could see the 52 week price coming