RE:RE:RE:RE:RE:RE:takeover comment..BetterCallSaul wrote: HFT end of day sell off...how annoying....in anycase, Great week: Oil Inventory down, rig counts down, Q1 was excellent, Oil up, SCO even more up, Suncor wants more of Syncrude, SP up this week while many others down, shorts in pain as evidenced by all the $9 Bashing today........have a great weekend everyone
Yup gotta be those HFT. It couldn't possibly be actual people trading the stock. Investors, especially "big money in the know" buy on every spike and HFTs sell on every drop, right Saul?
Just for good measure he also:
1. Yapped about Suncor buying COS (unfounded, and goes against what the company just said).
2. Talked about shorters being in pain.
3. Misconstrued facts by stating inventories are down. Inventories aren't down, they are just UP less than expected.
4. Excellent is not a very objective term, but I don't think most people would qualify net cash outflow, declining revenues and confirmed shortage of cash to support capital programs as "excellent". The right term is, "not as terrible", for those who actually expected worse.
Typical rants of a swing trader just waiting to get his pants caught down in a 30% loss before he dumps then bashes the stock. $10 soon!