April 07, 2014
– Comments (4) |
RELATED TICKERS: SCTY.DL
Wallstreet evil shorts attacking long retail holders to sell their shares via fear, margin call sell off via stop loss execution.
buy around $55 and wait for news.
Solar City is being manupilated down. They have purposely shorted and slammed the stock to create fear. They buy and sell to create large scary drops. The crooks wanted it down below $55 and they succeded today. I picked up more shares on these drops.
oTeslaMania yeah $35 off from the high is buy time.
No offense but why? This company loses money every year. Next year -2.23 and this year -2.74. Maybe when they actually start to make money.
based on rsi , VIX , current short postion, the broader market and the current fear tactics now being deployed by wall street and the media . today was day 3rd of the "sell off" which was caused by stop loss programming execution creating a margin call forced or triggered sell event by the wall street computers, the sellers pretty much had no choice and were forced into selling back shares. Understand that the shorts and wallstreet brokers are happily and fearlessly buying up solarcity now, perhaps take on some retail shorts then begin another squeeze. Im guessing SCTY trades as high as $99 this year(2014) with short traders propelling it higher and more adoption of solar power in all the sun shine states.
if you like a company with profit check one small growing companie i like its pta.v (it is also available in the USA ), a new oil producer around $.30 a share and .18cents a share cash in its coffer and growing, share buy back, earnings this year $.09-$.12 long pta