Today's News/Stock Action

[tarulestheday]

No one wants to hear this but the shorts are still in control. Good luck denying this in the face of today's action.

Same pattern will repeat on deal news IMHO. IOC needs to announce the deal news with XOM and in addition announce:
1. Stock buyback
2. One time divi
3. Stock split
4. Additional analyst coverage
5. Investor dog and pony road show

They need to fight fire with fire or the shorts will be haunting longs forever.