Post by
donrasta on Dec 03, 2015 3:53am
RE:Re:3000 shares
I couldn't have said it better myself, lots of things going on that will send volatility back up fast, geopolitics, tensions in the middleast, chinese stock market meltdown( its far from over), emerging markets crisis,looming interest rate hike, macdonalds sales falling, national debt surging, currently 18.77 trillion and rising fast, collapse in global trade worldwide, volume has droppped sharply due to falling demand especially for commodities, plus on going currency crisses and the one I'm watching most, share buy back by companies to drive up share value, often times with borrowed money, which never work back in the 1980's or 1990's and certainly won't work now, alot of companies are going to be in deep in the red if the global economy doesn't pick up within the next 6 to 12 months.
All in all I think volatilitiy has a very promising future ahead with a few minor hiccups along the way, would love to hear what everyone is thinking about all these events, cheers.
Comment by
borrowedlife on Dec 03, 2015 11:14am
Got a bid in at 28, will see if that hits today, will go all in anything below mid $27, next two weeks if not earlier back in mid $30's, GLTA, missed the morning run, away fixing dam Xbox :-(
Comment by
relativenewby1 on Dec 03, 2015 12:37pm
Another interesting day as threw my hat in for a few hundred shares at $29 and without even knowing my sell was trigged for $32 just checking now. How on earth did that happen? The volatility on this thing is nuts with these intraday moves. Think its time to sit on the sidelines for a day or two and wait for the $27-28 range. GLTA