This stock has been getting red in the face for sometime, I've been short this crap for a couple weeks now (made squat...so far). Nice to see that volume was at a world record intraday high Friday w/ the...
This stock is alot like treasuries, its a great indicator of money flow. Mutual Funds (whats left of them) use this stock along with other safety stocks in bear markets because of the constant fixation...
I may be a day late & $5 short, but Ebay bought "Bill Me Later" in hopes that it would make up for the fact that GE Capital owns Paypal, or is Paypal ... either way ... Ebay is going to take it right up...
I would short this one on a try in the 31-32 area, with a bit more fire power da boot if she should get wild after that (1-2$) ....... keep in mind earnings and the headline risk .... might try to hit...
I would intra-day ss this on a run into the mid 15's and since I said intraday there will be no complaints about anything more the 1 point ... right?
The Matador