RE:RE:RE:115,000 Share trade after hourscg16 wrote: Fool novices how Pro?
you didn't post your trade today. Did you short or just stay on sidelines. What do you expect tomorrow?
After hours trading is often done by pros market guys to fool novices. It really doesn't take a lot of shares to "flick the needle" and get novices, markets and algos excited, that's why "pro manipulators" do it.
As for my trades, I was sidelines until this morning and watching the 5min TA charts, you could see four white candles followed by the some red candles so I'm back short. But I'm a "weak" short. Not playing with 6,7, or even 8 figures the serious shorts which I really admire.
For a pro short like Cohodes to say "I'm not scare of anyone", I appreciate that! Because I'm on the other side, I fear anyone connected to the markets.
The US shorts here are "really good", good hearts, good intentions and amazing mentors. They really don't like me because I'm the ultimate "loose cannon" but hey, that's how I learn!!!! LOL.
That's why I was always a really bad employee! LOL I don't like to be controlled but I love to control. I love to push the envelop to get the "lay of the land".
The big, well researched with "special info", US shorts are here on the boards. When they go silent, I'll start worrying. Or if the charts pull another Thursday "run on no news" I'll cover again. My trade commissions are cheap being on a discount brokerage so I have no problem parking my cash when the charts tell me.
Right now, insiders are selling, regulatory wise CXR and AMCo are a complete and utter mess. I feel bad that little retail like adamchess are getting fooled without really sinking his teeth into the filed regulatory documents which is what I had to do in order to validate whether Latice was a mega crook or not.
As for tomorrow, the ONLY thing I expect is "manipulation".
Will the "boys" want to drive this up to get another bull trap going? I would say yes. Will I cover and regroup, yes. I'm not a "dedicated" or "well researched" short. I'm just a little retail daytrader "little fish" swimming with these BIG long and short sharks. I would NEVER touch this without daytrade charts because nobody except the manipulators can predict where we are going short term.
Long term, the ship has holes and it taking on water. And the storms (US and UK lawmakers and regulators) is getting worst for them.
The fate of SS Concordia is sealed, it will follow Costa Concordia and will be sold for scrap.
Way too much debt for the weak and weakening revenues.
cg16, are you retail or market? You seem to be interested in learning, that's good. But always do your own research and don't let the pro manipulators and clowns here cloud your judgement. Check all facts. Too many people want "leaders" to follow and crooks love to have a parade of fools follow them until POOF they disappear to be reborn again.