Just can't resist adding my 2 cents...
IF IT'S TOO GOOD TO BE TRUE, IT PROBABLY AIN'T.
I'm long on CLL so don't say I'm bashing the company..DG has my full confidence, It's the market I have no faith in..Then again, seeing as I hold a large amount of CLL shares, I'd be elated if this SP sticks..
Said my peace,,back to the dungeon
HELL HAS FROZEN OVER,,I ACTUALLY AGREE WITH SOMETHING JUREK SAID
" IMO, at this point nobody looks at the fundamentals. Rumours is what it counts. Enjoy the ride until the music stops. "
Found this at Investopedia ,
What Does Sucker Rally Mean?
A temporary rise in a specific stock or the market as a whole. A sucker rally occurs with little fundamental information to back the movement in price. This rally may continue just long enough for the "suckers" to get on board, after which the market or specific stock falls.
Also known as a "dead cat bounce" or a "bull trap".
Investopedia explains Sucker RallyA sucker rally is a buzz word describing a rise in price that does not properly reflect the true value of the stock. For example, suppose that two high-tech companies, "A" and "B", see an increase in
stock price due to reporting strong financial statements, and a separate high-tech, company "C", sees a rise in stock price. If the real reason for the rally turns out to be because of potential acquisitions of A and B, then C will have had a sucker rally, rising along with A and B.
