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All posts made (whether honest or not) have value to a certain extent. I would argue the correct strategy would be to get wise to the game rather than to lament the players. Anyone can post whatever they want, the skill is separating the wheat from the chaff. That's the fun of the game. GLTA!
@JTMacs stress is not good, the swings on this ticker are very benign, consequently, what people post here is not going to do anything to the SP. Hindsight is always 20/20 and expect a lot more "internet professionals" boasting about how they sold the highs, bought the lows and have the ability to "foresee the future". All part of the fun. Oh, and since everyone is telling us what they're doing, I'm enjoying a fine Colombian coffee. GLTA!
I could care less about short term SP. I take profit from other trades (cable is crazy right now for example) and buy MTRO. Dealing with naked shorts in precious metals/mining sector also strengthens one's liver, MTRO swings are very benign compared to what I see on a daily basis. I'm not really sure what all the fuss is about to be honest. GLTA!
We need to get ready, everything and the kitchen sink are about to thrown at us. I'm a MTRO fan. Shame I didn't invest in an underwear producing company, at the rate we're going, there's going to be a shortage soon. Anyone fancy opening up a laundrette near the institutional shorts?
@pione3r judicious application of Occam's razor is necessary here. I do not think the obliteration of the share price was intentional, however, I do believe that the technocrats are maximising profit from the recent events. Write down all the assumptions you would need to make for your theory to materialise and compare those to the scenario I proposed. The chart does not indicate any sinister motives and neither do the rumours being put out. The way the share price is being stabilised lends credence to this as well. We are in a transient phase at the moment (one that brings out a lot of emotions), need to wait for fundamentals to kick back in. Good luck!
"Shorts" are the least of my concerns right now. Institutional shorts on MTRO are paper tigers. I'm more worried about what the big boys are planning, the technocrats calling the shots so to speak. MTRO is currently treading a very carefully planned technical path, every move is designed to achieve strategic objectives (charts don't lie) much to the chagrin of those who either want to see the organisation go bust or are looking for suitable entry points. GLTA!
I bank with MTRO, only bank with a full service any time I need it. I'm definitely a fan! Word on the street is that the MTRO now offers an upgrade on the limited time fried piranha dish, you can now get it extra "crispin". GLTA!
If you're playing your cards right, they're actually helping us out. Remember, the mission is to maximise profit using any means at our disposal (this includes short sellers). There is an over-reliance on herd mentality (just look at some of the posts on this BB for example). GLTA!
@NVG apologies if you got the impression that I was challenging you, on the contrary, I'm trying to get a better understanding of your assessment. So you believe that falling iPhone unit sales are going to dent services income, what about the customers that already have an iPhone, are they going to stop using the services because the new iPhones are not selling well?
As I mentioned previously, I will gladly listen and take on board your commentaries. Now that you've mentioned it, I think I'll make a donation to charity regardless. All the best!
@NVG Tying AAPL's value to iPhone unit sales alone is disingenuous as their quarterly reports show that their income from services is growing beyond expectations. Apple is also diversifying into healthcare, lithium ion batteries, gaming and so on. I would be grateful if you can provide a more detailed breakdown of your view on AAPL.
Trying to get a quantitative feel for Risk on/Risk Off right now is very tricky due to dismal SNR. Respect for sticking your neck out and making your opinion public. All the best.
@NVG Thank you for your perspicacity. Should you decide to start your own thread, I'll gladly read your daily commentaries.
@BF can't wait for trading to revert to fundamentals. I'm quite pleased with today's action and I share your sentiment that next week is shaping up to be quite interesting. Is there somewhere I can go to get some of your wit?
Have a great weekend all and GLTA!