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+--- Thread: Pre Market price (/showthread.php?tid=6476)
Pre Market price - Mountainbiker - 04-11-2014
Wow, $13's pore-marekt, what is going on???
RE: Pre Market price - Haggerston - 04-11-2014
retailer panic..i haven't seen any big orders come in..let's hope 13.30ish support level holds
RE: Pre Market price - js253 - 04-11-2014
'Mountainbiker' pid='41713' datel Wrote:Wow, $13's pore-marekt, what is going on???
panic selling, ppl are selling because others are. Also, I'd imagine there are a lot of leveragd longs out there, and will be forced to sell at the open on margin call, sharks are circling cuz they smell blodd. there is no point discussing fundamentals for the next few days, it's like an MW attack all over again, emotion dominating at the moment.
RE: Pre Market price - pwalk - 04-11-2014
People were expecting great numbers, we got only part of that. People were hoping Audit results would be announced at the same time
as earnings, obviously did not happen, no upgrades, one price reduction, market in downward phase. Put all that together with a strong short interest, easiest direction is down for the moment. Hopefully that will not last too long.
RE: Pre Market price - Mountainbiker - 04-11-2014
Yes, i hear you. Sentiment is bad right now for the general market. Need stabilization.
RE: Pre Market price - admin - 04-11-2014
This really isn't a $13 stock and with both audits coming out before the end of the month, it won't stay that way for long if they come clean.
It's often best to buy when others are throwing in the towel.
RE: Pre Market price - pwalk - 04-11-2014
Admin, you are right on. Investors need to ask themselves if they truly believe in NQ. If they do, at some point in the near future, they should buy the stock while it is weak. Of course, that is harder to do than say................
RE: Pre Market price - Mountainbiker - 04-11-2014
'admin' pid='41721' datel Wrote:This really isn't a $13 stock and with both audits coming out before the end of the month, it won't stay that way for long if they come clean. It's often best to buy when others are throwing in the towel.
Admin, you are absolutely correct. The first statement that Omar made was 'clear the waters". The hint is here. It is just a timing thing. Unfortunately, capital markets are leaveraged and the margin clerks will be early today to do the clean up...
RE: Pre Market price - pwalk - 04-11-2014
bought a little around $13.20, see what happens.....................
RE: Pre Market price - AlphaMine - 04-11-2014
The answer to the SP is simple IMO, if you had shorted in the 16-18 range and had the guts to hold thru ER what would you do today? To me it seems straight forward that you add to your short because there are no near-term catalysts to scare you out and you have the horrible market creating panic for you.
The SP fell just like this on the last report and then climbed as NQ signed deals etc. the SP WILL go higher from here but it's gonna take some time and some news/catalysts to swing momentum. My guessis that pure value buyers will start to pick it up in the 13s as will technical guys. We'll see. Better hold on tight 