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Agree that something is going on. It seems like each year it gets worse. It really is a if the market is sucking up everybody's money.
Market goes up 2%. Your investments go up .5%
Market goes down 2%. Your investments go down 5%
This market is screwed up. Highly suspect!!! market goes up for weeks/months and most stock make little to no gains. In one day the market goes down just a little bit. The whole market turns blood red. Huge losses on stocks and for no reason at all.
just look at the oil industry as an example. Companies posted incredible quarterly results. Oil is up big again today. And for whatever reason stock are tanking. Makes no sense at all.
Timber!!!!
$150 here we come
Still looking for $150
In time maybe?
Maybe?? I remember Alibaba dipping a lot before it shot back up. we shall see. Either way if this starts to go below $275 I will start a position.
I am waiting for this to hit $150.
I dont think we have bottomed yet.
Let me guess??
This will drop even further and about .003 or .002 the last hour.
lots of the people who sold around .006 to .007 will jump back in and this ends up about .004 days end.
Yikes.
Might see .0018 today
This is boring!! I will be back later when this hits start coming in.
So far the only thing I am upset about is that I did not have more powder when this dropped. Dont be surprised if this makes a substantial run in the very near future.
Nice Bounce off the low! Could be moving up now
In at .0044 GLTA
Well that dropped quick
This might tank hard after the first hour.
I hope not, but I am not a fan when these stocks gap up like this.
Retail will need to keep purchasing more shares and holding them for this to squeeze. A lot more shares. A lot more holding. This will not make a move past 15 if the day trading continues. IMO
When people stop flipping this?? She will go big!
This is setting up nice! Getting ready for the next move up!
Needs more buys!!! Captain Obvious
I was long at one point with this stock. The reality is management is pathetic and will find a way to keep this from running. They have a history of dropping news around earnings that are usually horrible for the pps. Who knows what they will come up with next. Whether it is a Wild Horse deal, increase in shares. or "going concern". None of it works out well for the investor. GLTA
Head fake before .001
Once again this whole thing is bizarre. Just read an article on CNBC about how oil dropped 5% today. That never happened?? It still could but has not yet. Oil stock getting slammed today across the board. CHK is no exception.
Probably headed back under $2 tomorrow. This move today was pathetic. Company most likely dumped shares keeping price low. Allowed shorts to survive and get out unscathed. You can thank Doug for his impeccable timed business decisions. I honestly think this company is trying to sink the price. I hope I'm wrong, but usual I'm correct.
This is bizarre trading. Not sure what to think about it yet. In all honesty this whole situation that has unfolded over the past couple weeks is a bit odd. A new oil minister in Saudi, Trump fires Bolton, Iran??? attacks the Saudis, the ARAMCO deal. Anybody else find the timing of all this to be fixed.
Man they are trying to hold this back. A ton of shares exchanging hands in that 1.98 range.
I imagine a lot of folks will sell out of this today who have held positions for a while. I would expect once that dries up this will move north.
Be interesting to see how hard they try to hold this down today. Most likely open high, then dip and rip. I want to see some serious volume.
Well well. I thought oil would only jump 3 bucks. Looks like a much larger number than that.
Risky play here! I can't state enough how this weekends events can change things. I was very bearish. Now you can't ignore the possibilities of major events that can cause upward movement in the price of oil. Any retaliation from the Saudis, more attacks from Houthi Rebels, a trade deal with China. These all could send prices skyrocketing.
Todays news of the attack on the Saudi oil fields could change a lot. Will be an interesting week ahead.
Lets be honest nobody knows what direction oil will be heading in the next few years. I am surprised that the price of oil is not much much lower in all honesty. You have about as much going against the price of oil as I can remember.
Examples
Oversupply
Trump admin keeping prices low
No major wars "yet"
Slowing economy
More efficient vehicles etc.
Trade war
More and more people working from home.
Push for cleaner renewable energy
If any of these change oil prices will start to rise again. As far as this stocks price action. If you couldn't tell over the past couple years this is a highly manipulated stock and very rarely trades parallel to an increase in oil price, but always trades parallel to a negative price in oil. I do think this pps will rise like I said in a previous post this week. Just dont expect it to rise alongside an increase in the price of oil. It will be a highly manipulated push by a group or multiple groups to raise pps to cause a short squeeze. Maybe a tweet from CEO or a decent earnings report will ignite the rise. But when the run endsit will be shorted back to lower pps. Rinse and repeat.
Could see a nice move in the next couple months. Might test $1.50 but eventually I see this headed higher.
Well this really stalled out today.
It is strange. Follows its own set of rules that is for sure. oil could be at $70.00 this could be trading at $2.50. Oil could be at $40.00 this could be trading at $5.00. Who knows
Mods please ad a chart to the message board please if possible. We used to have one and it was taken down.
This gets a little higher and you will see some major covering!
Nice movement today already.
Maybe a little dip the next 45 min. Then hopefully bust through $3 and move higher by closing bell.