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ANV will maintain this level because of the good PR. Will get sent over $5 because of added fear of debt ceiling issues. Possible over $6 when it is announced that tapering will not happen this year.
Price when shorts dash to cover............... $8, $9???? This is all short term. IMO of course.
Good news being released coupled with rising gold prices ;) $$$$$$
http://finance.yahoo.com/news/allied-nevada-achieved-record-gold-123000933.html" rel="nofollow" target="_blank" >http://finance.yahoo.com/news/allied-nevada-achieved-record-gold-123000933.html[tag]Allied Nevada Achieved Record Gold Production and Sales in the Third Quarter of 2013
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Assuming Washington doesn't end the drama. We will have a great week in gold!!!
Also remember when the economy crashed and all of the politician did everything they could til pull the woll over the publics eyes until the last second?
I wonder if our government shutdown hiding data about the economy is doing roughly the same thing.
Maybe you don't trust management, but I have no reason at all not to trust them. People had a reason to not trust Zynga's management, yet people where still investing. Something to think about.
Pull down your asks gents and lets let this puppy run!!!
Honestly I don't really know how to respond to that statement, so here are a few fluff articles! LOL
http://seekingalpha.com/article/1728442-government-shutdown-debt-ceiling-and-other-bullish-factors-for-gold?source=yahoo" rel="nofollow" target="_blank" >http://seekingalpha.com/article/1728442-government-shutdown-debt-ceiling-and-other-bullish-factors-for-gold?source=yahoo[tag]Government Shutdown, Debt Ceiling And Other Bullish Factors For Gold
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http://seekingalpha.com/article/1729032-the-rational-reason-to-be-bullish-on-gold?source=yahoo" rel="nofollow" target="_blank" >http://seekingalpha.com/article/1729032-the-rational-reason-to-be-bullish-on-gold?source=yahoo[tag]The Rational Reason To Be Bullish On Gold
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86,774,051 shares are held by institutions and insiders (82.8% of total float). 17,112,738 shares held short (16.46% of total float).
ANV seems to move up and down drastically based on gold prices (duh). With all the factors in the government recently that should have, but have yet to, drive the price of gold up it seems like a nice little pop in gold will lead to some covering, and a nice little PPS pop for ANV. Enough of a price increase in gold (perhaps generated by a U.S. default or talks of tapering being a long way off) and ANV could send out news that the mill construction is being resumed. That would send us to being a 2 bagger in a couple days.
A lot of speculation here, but only looking at things that could definitely happen. IMO
Gold will continue to rise sharply until we see a resolution concerning the government shutdown,and more importantly the debt ceiling issue.
Also it is important to remember that the temporary shutdown that we have already experienced has slowed our recovery to the point that tapering of the QE3 policy is unlikely in 2013.
This article has a hidden pro NUGT side.
Another thing that is undoubtedly connected to gold is housing numbers. The already partially shutdown gov't is causing problems. Not problems that may happen, but problems that are happening now as we speak.
http://finance.yahoo.com/news/housing-shutdown-freeze-pipeline-140545459.html" rel="nofollow" target="_blank" >http://finance.yahoo.com/news/housing-shutdown-freeze-pipeline-140545459.html[tag]For housing, shutdown is 'freeze of the pipeline'
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The Republicans have vowed that they will let us default if Obamacare is not defunded. Obama says that will not happen.
I have more faith in the fact that our lead politicians value their personal agendas more then the continued recovery of our economy.
Even if the debt ceiling is raised it has become apparent that we are not ready for scaling back on quantitative easing. QE infinity anyone?!?! "Hello hyper-inflation!!"
Betting on our government leaders to fail is definitely a safer bet then the lottery.
$1,000,000/$2,000(price if debt ceiling fear begins)= 500 shares*$46(price today for NUGT)= $23,000
$23,000 lotto tickets being sold today with the potential to make a million!
GO NUGT!!!!
One thing that would drastically send gold North would be a failure to raise the debt ceiling. Gold hit its highest point ever the last time people where worried that the ceiling wouldn't be raised and that we might default.
I speculate that if it gets into a last minute situation again we will see a new historical high for gold. Beyond that if the government actually does default then gold will soar!!! I do feel that this is unlikely, but with the debates over universal health care going on I wouldn't be surprised if the gov't comes to a last minute decision. If it does come down to a last minute decision then NUGT would become a quick 40 bagger from todays prices. Imagine what it would be if we actually defaulted!!!!! 100 bagger? 150??? Im not dreaming here. If we default ( IF!) then the people that are vested in gold will become much more wealthy.
"Nearly 67 million JCP shares are sold short, amounting to a brow-raising 76% of the stock's available float" Link below
J.C. Penney Company, Inc. (NYSE:JCP)
Sometime soon JCP is gonna move, and its gonna move fast!!!
Not sure thats a good day trade. The way things are starting to look if you hold onto your current position you could be making your initial investment in dividends within a few years.. Lets ride the money train here!
Last chance to get in under $9 before lunch! Predictions of $7 are just not likely to come true.
And the sentiment has started to shift!!!
Im curious.
http://www.fool.com/investing/general/2013/09/30/dont-buy-the-doom-and-gloom-about-penneys.aspx" rel="nofollow" target="_blank" >http://www.fool.com/investing/general/2013/09/30/dont-buy-the-doom-and-gloom-about-penneys.aspx[tag]Don't Buy the Doom and Gloom About Penney's
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J.C. Penney Co. currently has an average rating of Hold and a consensus price target of $14.18.
This should be a very interesting week ahead of us!
http://zolmax.com/j-c-penney-co-given-underperform-rating-at-wells-fargo-co-jcp/114974/
We will close above $9.05 today. GS will have bought their shares cheap, and they won't want investor confidence to leave completely. If we don't close above $9.05 today then its all over. If we do close above $9.05 then it will trigger shorts to cover, and the price should jump fairly fast.
This is what I have been able to take from all of this.
6.5Million share buy at $6.05 directly after close. LOL
Of course I do. Wouldnt have posted the number otherwise.
Fidelity JCP Detailed Quote
You know the Buffet quote talking about "When everyone is running for the door, and their is blood in the street, then buy!"
Blood is pouring at the moment. Good chance we see strong hands come on and force the shorts to cover. Be careful bud, and GLTY!
71.7 Million shares short!! WOW
I would have expected a spike if additional news was released, but since it didn't I would expect just a small bump after the conference. Also I saw a bit of 10K blocks selling that I was assuming could be shorting in anticipation of a slight pullback. If that is in fact true, then any sort of increase will be fueled by shorts covering their positions.
I havent really been following this long, and only picked up a small number of shares, so that I can see how the price fluctuates before investing more.
GLTY on however you decide to play this one. I couldn't imagaine it will stay down for long though. Some rather large companies have already expressed interest in ONVO, and uplisting to the big boards is a sign that institutional investors look at when trying to decide if they want to invest as well.
Remember we have a conference today. Presenting at 11:30-12:00. Might be best to grab and sell again after it gets the added attention. MO of course.
I could only imagine that $100 in a short time would be possible if not only ONVO continued to generate money selling liver assays, but also setting up an agreement that rewards the company for milestones.
Thats my take on the situation at least, but their is the added factor that this is disruptive technology that ONVO have a monopoly on at the moment, so a big company could come around at any time and try and make an offer for further collaborate with ONVO. Since they have plenty of burn money they should be able to strike a pretty good deal.
Thanks for that information. I am sort of surprised that the IR person at Roche let it be known that she doesn't have intimate knowledge about the company. That really looks bad on them. I do feel it will be the Roche news though, since they didn't release the details of the deal with ONVO. I managed to grab a position here in ONVO today for $6.08, so I am definitely hoping for some news. I don't mind holding things for a long time, but its always nice when your at least a little green!
GLTY bud
I planned on waiting for a bit to find a nice entry point here, but I am starting to think that its likely that ONVO will release the details of its Roche deal before the opening bell tomorrow. I do not have any facts to back this up, but I have noticed that good news is often released the morning before important bio conferences in order to let the people/institutions get in on the actions reletively soon after the news release, but without the worry of commiting insider trading.
IMO of course. I think good news could send this flying, so I will start my position here before the end of business today.
GL to everyone!
Thanks for the heads up on this ticker Chaos! I have always loved 3D printing, and I work in a hospital and wholly understand the significance of being able to print tissue. This is absolutely amazing technology they are working on.
Well Im satisfied for now. In at an average of $9.80 and out at $11.20. Thanks sheople for always overdoing everything!
Currently 3/4 of shares held short! WOW If good metrics come out, or some other type of quality hype new, then this thing will do one hell of a swing!
Nice pull!!! I really like what I have been able to see of your trading style Chaos. I am a new traders. Started in April, but I have had very nice success feeling out situations like this, but I have yet to short a stock, so its nice to hear you talk about it. I plan on following your posts to learn some more.
If you have any advice Id love to hear it. Keep on making money man!
Generally I would agree with you. This smells like a company that needs to get flushed, but things just don't add up. Why would Goldmans put out that analysis, even is it where true? They can't want JCP to go to BK when they owe them money. Some kind of deal was struck behind the scenes that will make some people a lot of money. I am not smart enough to know what exactly is going on yet, but it just doesn't sit right with me.
GL with your shorting man. Im rooting for any retail investor to make loads.
I hope he did buy. He might not of hit the true bottom, but buying this at $10 will make you a lot of money in the long run. Consensus is still $15.95, and sheople will realize that this is overdone soon.
Traders Purchase High Volume of J.C. Penney Co. Put Options (JCP)
Posted by Zach Kirkland on Sep 25th, 2013 // No Comments
J.C. Penney Co. (NYSE:JCP) was the target of unusually large options trading on Wednesday. Traders purchased 269,921 put options on the company, American Banking and Market News reports. This represents an increase of 695% compared to the average daily volume of 33,950 put options.
A number of research firms have recently commented on JCP. Analysts at Maxim Group reiterated a “buy” rating on shares of J.C. Penney Co. (NYSE:JCP) in a research note to investors on Wednesday. They now have a $22.00 price target on the stock, down previously from $27.00. Separately, analysts at Goldman Sachs Group Inc. initiated coverage on shares of J.C. Penney Co. (NYSE:JCP) in a research note to investors on Tuesday. They set an “underperform” rating on the stock. Finally, analysts at Zacks reiterated a “neutral” rating on shares of J.C. Penney Co. (NYSE:JCP) in a research note to investors on Friday, September 6th. They now have a $15.00 price target on the stock.
Seven analysts have rated the stock with a sell rating, twelve have given a hold rating and nine have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $15.95.
Shares of J.C. Penney Co. (NYSE:JCP) traded down 14.96% during mid-day trading on Wednesday, hitting $10.12. The stock had a trading volume of 100,973,072 shares. J.C. Penney Co. has a 1-year low of $9.93 and a 1-year high of $27.00. The stock has a 50-day moving average of $13.23 and a 200-day moving average of $15.67. The company’s market cap is $2.232 billion.
J.C. Penney Co. (NYSE:JCP) last released its earnings data on Tuesday, August 20th. The company reported ($1.17) earnings per share for the quarter, missing the analysts’ consensus estimate of ($1.06) by $0.11. The company had revenue of $2.66 billion for the quarter, compared to the consensus estimate of $2.76 billion. During the same quarter last year, the company posted ($0.37) earnings per share. J.C. Penney Co.’s revenue was down 11.9% compared to the same quarter last year. Analysts expect that J.C. Penney Co. will post $-6.13 EPS for the current fiscal year.
J. C. Penney Company, Inc (NYSE:JCP), is a holding company.
I completely agree. I think this is a huge head fake, so that the big boys can make back some of their lost money at the expense of retail investors. I am willing to bet a large amount of my money that any day now great news will break our about JCP and they will rocket back up to where they were recently, or possibly higher. Its just unfortunate that news like this breaks while investors are spooked about the entire market.
FNMAS is green again today. People are just nervous is all. I am willing to bet that we test the 50 MDA yet again today.
Chart comparison of FNMA and FNMAS for the last year is fairly interesting. Looking at it makes me feel that if we never had that quick pop to $5 then we would have had a continual slow rise, and would be at about $1.99 currently.
Wish it would have went down like that!
Thank you glad to be here. I would like to add that my statement about low energy yield was accurate, but would like to add a little something that makes that irrelevant.
McDonald's would not be hurt at all by the change in cost of the hot water in their bathrooms, but what about tax credits for green energy? Tax incentives for green energy
That would save a pretty penny, and might help to budget a little extra cheddar when their employees manage to get that $15 an hour minimum wage increase. If McDonalds goes decide to use our companies product then all of the investors on the ground floor would be able to stop smiling. ;)
My opinion of course.
LOL. We all have our agendas right. My apologies for bashing, but I was very frustrated that my order wouldn't finish filling, and it turned out that it did finish soon after I shot off at the mouth.
A lot of 10,000 share even trades have gone through today. I feel like someone is accumulating again and doesn't want it extremely obvious. Think the hedgies are gonna give us a rollercoaster ride again?
Well I just sold my DUST and started buying into NUGT again!!!! I have a funny feeling that our economy is going to take a huge dump by the end of the year, so I plan on continuing to add to my position as this goes down. Once it starts to jump again I really think it will go to an all time high.
People seem to think that once QE3 is over that gold prices will sink. I think it is opposite that. Gold prices will drop for a little bit once QE3 stoips, but then interest rates will skyrocket which will propel gold prices as well. Added to this is the issue of the debt ceiling. I find it hard to believe that the USD is as strong as we are led to beleive, and at the same time our government is so broke that it will either have to default on its debt, or shut down systematically. Just because the whole world is dilluting its currency doesnt mean our dollar is strong. We might call it strong in comparison to other significantly more diluted currency, but as far as gold goes it has become weaker with each additional dollar that is printed. This situation happened after WWII and is likely to happen again.
Added to all of this is the raise of wages for the lower class. Once McDonald's workers start making $15/hr then inflation will be exacerbated. Albert Edwards came across as a crackpot when he said he saw gold going to $10,000/ounce. I personally don;t think he is luny at all. Historically if someone is a step ahead they are a genius, but when they are two steps ahead they are a crackpot. I personally believe a second more severe crash is inevitable, and plan on making sure I have a nice cozy position in the yellow metal when inflation speedily pushes through the 3% area, and markets start to crumble.
IMO of course
Im not sure how many people really want the .0001's
For a while now most of the bid has been mine, and honestly I am starting to lose interest. I want to pull the bid down (At the moment I am 10milly out of the 15 milly bidding) but am afraid that the ask for .0001 will shoot up , and then we would all be trapped with no one to buy our shares.
I did some research into how many BTU's can be harvested by the A/C to hot water converter, and honestly it seems like McDonalds would save more money running their ice machines off the excess heat from their shake machines then they would from this.
If we don't get any news this week then I am gonna pull down my bids and sell my 70 milly shares. It seems TGGI isn;t even a good scam company.