Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Told ya man.. Nothing wrong with sticking to your price. Eventually youll get it. Congrats
Bids dropped to .045. Ask at .05
Sticking to your price isnt bad for investing. Hell Ive been burned by not sticking to it. Bought it too high due to impatience and it eventually fell to where i wanted to buy it anyway. Just do what feels best for you
.05 on the ask now
Although Im down 60% from .1, I feel pretty comfortable with our current price. At least comfortable to call this a bottom. Theres been alot of accumulating at this level, so I see nowhere but up unless they deliver some bad news.
I hope so.. I was Averaged at .1 with 30k shares. Just doubled my position at this level. Hopefully we can get some good news soon and move back up.
Well i got my 30k @ .04. Now lets get some good news :D
Right on board with ya. Thats exactly my plan. Right now Im in recovery mode though. Im a pretty novice trader, and Ive lost a good bit of money(at least by my standards) on P&D's, buying into hype, bag holding hoping for the next piece of news...etc. Needless to say I have learned alot over the past year. So Im taking marginal gains where I can, and hoping for a big run of something on day.
I love and hate the penny game ><
I wish I had held longer. I bought like 60k in the low .03's. I missed the small run to .08.. I wanted to double and buy more. So I put in a half sell order at .06 and it blew past it before I could react. I could have made like 10k more if i would have held it all for the highs. But hey.. If we knew the future we'd all be rich. I was playing the "Take some off the table and at least get your inital investment back" game. Oh well.. still made 4k on TIVU so far.
Because they are $*#&*$^%$'s more or less.
The way I look at it. If i dont get the shares I want, I still have a decent amount if this does run back above .1. Of course if I can get more low shares itll be more profit, but Ill take what I can get. If news drops tomorrow and it runs. I wont be mad that I didnt get any .04s because I already have a stake held.
Me too.. I was in the initial .03 -.2 run.. Sold around .15 though and bout 30k more at .1 so Im averaged at .1. I want to buy some here, but I dont have all that much dry powder, so If it goes lower I can get more shares. Ive been submitting and cancelling orders for the past 2 weeks.
But if you think about it. Flipping for 25% - 50% gains only allows you to put more in for the long haul. I started with 500 bucks at .0685. sold at .15, bout more at 9 sold at 11. Now i have about 1400 bucks to buy more in the .05's or lower. If it does run, the 20k+ shares that I can buy now look alot better than the original 7k I started with.
Yea they are playing with the ask by the second. went from .054 to .05 now to .0475. They must be reading this board and saw he was about to hit .054
I was just about to post this. 5000 and .054 on the ask. Man I cant wait until we get some good news
Hah.. good to see you too CD. Heres to a more successful stock than our previous pick
were on the same track. I put 500 in at .07 so im only holding 7000 shares. Sold some loosers and planing to buy more with those losses tomorrow.
Finally a decent spread
Another News feed. Showing on Etrade. Not much said though just a price of the purchase
Mueller Industries Buys Tube Forming LP From Wolverine Tube For $6.9M
Jan 5, 2011 12:07:07 (ET)
(MORE TO FOLLOW) Dow Jones Newswires (212-416-2400)
January 05, 2011 12:07 ET (17:07 GMT)
Its that very thinness that got me in trouble the first go around. Its thin on both sides. If I buy back in it will be in the .00's. Right now Im trying to get more TIV*, but doenst look like ill get my price right now. Im looking at a .002 - .005 range for this one if we get those crazy EOD bid whackers again.
hmm. maybe i should have held longer.
News. It showing on ETrade.. not sure why its not here yet.
WLVTQ Trade
News 0.0039 0
Mueller Industries, Inc. Announces the Acquisition of Assets of Tube Forming, L.P.
Jan 5, 2011 07:00:00 (ET)
MEMPHIS, Tenn., Jan. 5, 2011 /PRNewswire via COMTEX/ -- Mueller Industries, Inc. (MLI, Trade ), announced today that the Company acquired various operating assets of Tube Forming, L.P. (TFI), a subsidiary of Wolverine Tube, Inc., effective December 28, 2010. TFI primarily serves the Heating, Air Conditioning and Refrigeration (HVACR) market in North America. The acquired assets include inventories, production equipment as well as factory leaseholds. TFI has operations in Carrollton, Texas, and Guadalupe, Mexico, where it produces precision copper return bends and crossovers, and custom-made tube components and brazed assemblies, including manifolds and headers. TFI's estimated net sales for 2010 were approximately $35 million. Mueller paid approximately $6.9 million for the assets and the purchase price was funded with existing cash on hand.
Mueller Industries, Inc. is a leading manufacturer of copper tube and fittings; brass and copper alloy rod, bar and shapes; aluminum and brass forgings; aluminum and copper impact extrusions; plastic fittings and valves; refrigeration valves and fittings; and fabricated tubular products. Mueller's operations are located throughout the United States and in Canada, Mexico, Great Britain, and China. Mueller's business is importantly linked to: (1) the construction of new homes; (2) the improvement and reconditioning of existing homes and structures; and (3) the commercial construction market which includes office buildings, factories, hotels, hospitals, etc.
******************************
Statements in this release that are not strictly historical may be "forward-looking" statements, which involve risks and uncertainties. These include economic and currency conditions, continued availability of raw materials and energy, market demand, pricing, competitive and technological factors, and the availability of financing, among others, as set forth in the Company's SEC filings. The words "outlook," "estimate," "project," "intend," "expect," "believe," "target," and similar expressions are intended to identify forward-looking statements. The reader should not place undue reliance on forward-looking statements, which speak only as of the date of this report. The Company has no obligation to publicly update or revise any forward-looking statements to reflect events after the date of this report.
SOURCE Mueller Industries, Inc.
I wonder if it was the company doing all that buying on 12/31. Since they say they are trying to recover 100MM shares
Good new.... negative price.. This is always fun. Trying to determine if i should add more down here. I bout in months ago at .05 so im pretty negative right now.
Well this doesnt say much, but I sent an email to John weeks ago and he responded today.
Dominick:
Thank you for your email. We will be updating shareholders shortly. I do apologize for the delay.
John Ahearn
CEO
My email said basically said I was a shareholder with deep concern about the lack of communication and the tanking shareprice.
Hopefully he has something good for yall
????? What is this all about. Are they getting sensitive about being bashed for crappy service???
I see that now. but the past 10 mins it was at .04 and i never got filled. Oh well.. Ill just sit the bid at .04
I have a buy in at .04 thats not getting filled... Etrade shows B - .0385 A - .04
Im not done with COUV.. Acutally. With the way it swings, theres still alot of money to be made by trading it sideways. I was worried because I bought in on the higher side. mainly between .015 - .02. Like I said before. Ill be sitting in those .00's to see what I can scoop up. This wild spread presents somewhat of an opprotunity.
well based on the T-DY boards, Wyokid has gone through several back surgeries. Hopefully he is doing ok, but I think he has some personal things going on. Not sure who else was pumping... Then again, I dont know about anyone else so yea... thats all
well i ended up 130 bucks, so im not worried about claiming a loss. Ill be buying any major dips if they happen. Since Im not in anymore I wont wish that on those who are still holding
We closed at .0125. So it blew past a penny. Ironically I had a previous sell order for .0125 so I could have made an extra 1800 bucks. But I got frustrated and just went for even. My GTC order hit before I could even react and move it up
Im glad that I at least broke even. I will turn into a bid sitter for now, unless this starts to rocket. If things remain quiet.. it may dip to the double 0's again and Ill try to scoop some of the dip. Happy New Year and GO COUV
Well now.. My 600k Sell at .01 has executed.. Now Im a little over even. Maybe Ill buy the dips some more and play this crazy spread this thing has
chase it for 32 days?
Im hoping for a turn around in the new year. Since alot of people are selling for tax purposes.. Hopefully it come back up. They really need to inform share holders about whats going on... But Ill keep my faith for as long as i can
Im still here, just not much to say about this. Im holding 600k shares averaged at .0095. So im just looking to get out at .01 if possible.
It may not run, but +53% is a good day. If we can continue to gain ground day by day, Id be happy with that. Im still way under from where I bought in, but Ill take a steady climb.
A run WOULD be very nice though
MAN.. still nothing??? This is not looking good for us. Has anyone heard anything?
Not sure how much this will help, but can we get an updated Ibox. The SS listed is over a year old.
At this point I just want to exit as close to even as possible. My target is .015. Thats my average right now. This is killing my account right now