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IBDvalueinvestin (99.67)

The last pump before the big wigs get back to short the highs.

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August 27, 2009 – Comments (4)

Ever wonder why there are numerous gigantic calls right at the peak before market corrects?

Its called some big hedge fund paid them to hype so they can short the heck out of a bloated stock.

For instance today AIG is up +10.77 where was this guy when it was at $9/shr after falling 50% right after reverse split?? Best thing to do right now is stay on the sidelines and watch for opportunities and there will be many because just this morning you got a taste of how bad it can become when 3 to 1 stocks went down. Hard to hide when 75% of your holdings are down.

Capital Partners guest appearing on CNBC says he could see AIG trading at $100, may even see $200-$300/share (49.00 +11.31) -Update-

 


Notes that the stock was trading at $1400/share on a split adjusted basis; noting he could see a $300 print in AIG shares 

4 Comments – Post Your Own

#1) On August 27, 2009 at 12:55 PM, IBDvalueinvestin (99.67) wrote:

Dip-Buyers Step Up

By Rev Shark

About this article:
The dip-buyers are in the building and are giving it a try. We still have poor breadth at about 3 to 1 negative, but we are off the lows, and there is the slight aroma of a short squeeze in the air. We have low volume, end-of-summer trading and a market that is a bit extended and frothy in places. It isn't surprising that we have a good bout of profit-taking, but the big issue is whether it is anything more than that. It is premature to declare the end of the trend, especially with the dip-buyers making a go of it, however we'll see how much juice they have. The most important indicator today will be how we act into the close. If the dip-buyers move back to the sidelines, it won't bode well.

Link to article

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#2) On August 27, 2009 at 2:02 PM, outoffocus (23.25) wrote:

I was just explaining this theory to a colleague.  When the bigdogs start saying something like "DOW to 12000 by year end", they are putting in their shorts. I'm sure most of us would like to see DOW 12k but recognized that this market is highly manipulated and the bigwigs are looking for new suckers everyday.

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#3) On August 27, 2009 at 2:21 PM, IBDvalueinvestin (99.67) wrote:

Well said outoffocus

I was looking at my China stocks screen and when I see emerging markets tank Then I know American stocks are next.

 

APWR   0   0.00   8.7201   -0.8999   -9.35   8.61   9.10   8.40   2,047,459  


ATPG   0   0.00   10.84   -0.04   -0.37   10.60   10.89   10.34   859,853  


CHNG   0   0.00   9.157   -0.0929   -1.00   9.29   9.43   9.0849   62,608  


ERX   0   0.00   35.11   -0.96   -2.66   35.48   35.50   33.37   2,170,923  


IPI   0   0.00   24.89   -0.07   -0.28   24.96   24.99   24.28   901,995  


LZEMX   0   0.00   16.15   -0.13   -0.80   --   --   --   --  


MOS   0   0.00   51.40   -0.28   -0.54   51.40   51.79   50.52   2,238,063  


POT   0   0.00   93.04   -0.48   -0.51   93.00   93.30   91.40   4,023,691  


STEC   0   0.00   38.60   0.01   0.03   38.50   38.79   37.20   1,502,020  


STLD   0   0.00   16.36   0.13   0.80   16.235   16.48   15.76   4,587,817  


CLW   0   0.00   47.70   -0.04   -0.08   47.75   47.9616   45.50   126,842  


WFC   0   0.00   27.7199   0.0999   0.36   27.55   27.75   27.36   22,350,384  


TXIC   0   0.00   8.65   -0.20   -2.26   9.00   9.00   8.51   43,968  


HRBN   0   0.00   13.39   -0.12   -0.89   13.52   13.635   12.74   285,730  


VIT   0   0.00   14.02   -0.34   -2.37   14.38   14.38   13.85   188,155  


JST   0   0.00   26.02   -0.52   -1.96   26.20   26.7499   25.52   72,383  


CFSG   0   0.00   15.96   -1.04   -6.12   16.92   16.92   15.68   209,511  


RCON   0   0.00   6.33   -0.27   -4.09   6.52   6.52   6.16   58,370  


SGY   0   0.00   12.96   -0.03   -0.23   12.81   13.08   12.37   537,389  


DPS   0   0.00   26.81   -0.13   -0.48   26.78   27.25   26.72   1,060,732  


BDC   0   0.00   21.76   0.26   1.21   21.65   22.03   21.07   137,047  


YGII   0   0.00   6.12   0.02   0.33   6.19   6.19   6.00   63,436  


CGA   0   0.00   12.454   -0.926   -6.92   13.20   13.2001   12.42   735,247  


STAR   0   0.00   20.95   -0.98   -4.47   21.85   21.92   20.62   2,143,701  


DE   0   0.00   45.03   -0.10   -0.22   44.90   45.22   44.02   2,527,444  


FNM   0   0.00   1.91   0.06   3.24   1.84   1.931   1.73   275,329,715  


LYG   0   0.00   6.99   -0.12   -1.69   7.00   7.00   6.77   1,267,907  


PTI   0   0.00   17.34   -1.03   -5.61   18.25   18.25   17.0645   172,174  


X   0   0.00   43.33   0.09   0.21   43.33   43.69   41.84   9,828,391  


LDK   0   0.00   9.09   -0.24   -2.57   9.20   9.28   9.03   1,407,311  


ESGR   0   0.00   63.00   -0.25   -0.40   63.00   63.365   62.51   9,000  


GES   0   0.00   35.7601   3.6101   11.23   33.97   35.87   33.33   4,413,890  


TIF   0   0.00   33.58   -0.08   -0.24   33.87   34.11   33.17   1,783,408  


EDAP   0   0.00   4.27   0.86   25.22   3.60   4.48   3.43   3,953,089  


UEPS   0   0.00   18.36   0.51   2.86   18.635   18.64   17.30   241,410  


SFE   0   0.00   10.7325   8.9925   516.81   10.50   11.03   10.41   259,205  


HEAT   0   0.00   7.15   -0.51   -6.66   7.60   7.60   7.10   184,951  


RINO   0   0.00   13.91   0.53   3.96   13.60   13.94   13.20   245,867  


VION   0   0.00   6.21   1.41   29.38   5.00   6.25   4.99   365,097  


ATNI   0   0.00   47.15   -0.27   -0.57   47.69   47.69   45.87   53,727  


ADRE   0   0.00   38.36   -0.26   -0.67   38.41   38.57   37.89   57,375  


AIG   0   0.00   47.86   10.17   26.98   40.45   50.04   39.25   115,458,750  


OIL   0   0.00   24.66   0.25   1.02   24.12   24.72   23.85   874,353  


FUQI   0   0.00   25.654   -0.746   -2.83   26.45   26.47   24.86   1,096,387  


TZA   0   0.00   14.02   0.21   1.52   13.86   14.68   13.83   14,503,951  


DTO   0   0.00   76.23   -1.61   -2.07   79.59   81.24   75.88   668,272  


ERY   0   0.00   16.76   0.37   2.26   16.69   17.57   16.60   3,715,997  


BGZ   0   0.00   23.90   -0.01   -0.04   24.00   24.80   23.82   8,180,709  


EDZ   0   0.00   9.09   0.15   1.68   9.13   9.49   9.05   2,636,762  


AIB   0   0.00   7.4484   0.7584   11.34   7.17   7.50   7.05   3,183,622

 

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#4) On August 27, 2009 at 2:28 PM, jason2713 (< 20) wrote:

This market is ripe with manipulation, no doubt about it....definitely a dangerous air about it.

Good luck to the bulls, I hope you make all the cash you can out of this!  I just hope you don't get burned, but to each their own :)

 

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