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I have made many many trades this last two weeks, but cant let go of the E. Need to see financials when they come out. Addicted to a stock, ouch!!!!!!!!!!
got ya. eom
True, I hve always had a margin. The roth you will have to wait for the selling funds to settle, but you can make a trade or two a week. Just pick wisely.
no tax consequences in a Roth
NP, also if you are married do the same for her. You can have 4 accounts you trade with, two Roth and two regular trading. Etrade has never limited me on round trips. Also, 30 trades a quarter gets you level 2. Be careful or youll find yourself doing 30 a month like me, lol. Know what your doing in this game or your lunch will be taken. Yearn to learn! I dropped 12,000 on WM and will recoup those loses. If not in money, then in satisfaction from annoyance of the powers that be.
get an etrade account and open a Roth IRA if you dont have one. Etrade lets you avoid the first in and first out rule also. With a Roth you trade freely, online, as many times as you want with no tax consequences. Be careful, your deposit limits are limited with a Roth, only 5k a yr.
If there is anyone here that can without a doubt tell you this stock is dead or not they are lieing. Now in saying that, there is a 99% chance it is, imho. But, we dont know what is happening day to day and Washington is full of suprises. People want to see evidence that the depositors were leaving. No one can understand how a company can buy 5 b in cash with a 1.7 payment. This gov't has no credibility right now, and I am not talking Republican or Democrat in particular, I am talking in Congress. People do things at these times that throw a monkey in the works and todays PR has some scratching their heads. The smart thing to do would be demand an answer from your congressmans office. With a congressional hearing we go to $2.00 easy. Now get to contacting.
http://www.house.gov/house/MemberWWW.shtml
http://www.senate.gov/general/contact_information/senators_cfm.cfm
Good luck all, however you trade it!
Patience here will be rewarded imho
YES on both points. Nice job riding the storm out all. Lets get to that 4 mark and hold.
Picked up some at .0043 at the close. Hard not to average down here. GL all!
lol still holding plenty here. Need some good news Layton!
Lets go Etrade the market is moving get it in gear. lol
I am having a hard time wrapping my mind around what you said. WM account holders didn't lose their money. Stock value, yes. Who taught you that? cnbc
If an investigation would be launched we would see it fly. Confidence that we are not just all gonna continue to get screwed from here on out would be the best things for the market. We need handcuffs, somewhere!
I still think we are fine here, but I thought WM was fine too. grrrrrrrrrrrrrrr
Great point. Time to look for an entry point as bad as that sounds. This has to have one worried about other under $5.00 stocks now. 5 minute charts it may be from now on. Freaking crap this is a hard lesson to learn.
But the bottom line is how can you buy long term anymore? You cant trust a thing a company says. Sad, lack of transparency has ruined the street.
No crap dude, lots of folks will be hurt severely by this and not just people trying to turn a quick buck or make a living. People were mis-lead. How about letting people rant a bit and let reason settle back in tomorrow and over the weekend. We know we bet on a broken horse. Geez
Says all circuits busy, did anyone get through?
I cant get in, just rings busy.eom
I will, I cant believe the bs I believed from this co and ceo last couple of weeks.
lol Elvis is alive.eom
Could it be possible we find out they survive and the bailout hits Friday. What sweetness we would have. How could they have timed that? They did shorten days to Friday when Monday would have worked.
Wow 25% still. I would expect the shorting laying up, not up 12%.
So they re-liquify the financials with backing, but extend shorting ban until end of the year? Would that explain why we have been hearing how long this will take to recover? Could that be the plan? They are gonna strangle the volatility in the market? Could be.
I hope you are right. My dad who has been watching the market since the 60's says so also. He wishes someone would have told him to buy all he could get of certain stocks after each bubble burst when he was young. I hope he is right too. I think WM is one of those winners. Good luck
Man, I dont know anymore. Personally I think WM is a winner long term and right now I am buying all the way down in increments and have bought up to 4 selling a few along the way. Sometimes daily and sometimes hourly. So far I have made some good returns. I have somehow married this one and Etrade. LOL Not good advice, but I still have time if it all fails.
We are oversold up to $4.75 or so. $2.00 is not out of the question, but if we see it we will see the double bottom at 1.50. I will be waiting in the 1.55 if we do. No way it gets to dollar range, unless a run on the banks.
lol I was wondering. Thats a nice story to tell, almost as bad as my 2.50's were holding. I swear there was a stalemate of shares at 2.50-2.51, next thing I know we are in lower 2's.
Yep, they have had several in the last week. I have no reason to doubt the CEO, he says we are fine. A run on the bank driven by ratings and the media is a different story.
and the bottom falls out. oh my, could a deal get done tonight?
Someone is gobbling up shares here at 2.50
They all are at this point according to CNBC. I think we are gonna be just fine here.
Thanks.eom
The volume has not even begun to hit. Plenty of room to grow. Good luck longs and flippers.
Well, then maybe we need to add a few more.
Pincher starting to form here. Nice call on downturn this afternoon. I am watching too many stocks right now lol
The E was ahead of the financial downfall. That coupled with the fact the internet is still relatively new, plus the recent Dubai approval. Imho they sold Canada and are moving to the middle east to grab the youngens oil money.
Nice, I have been playing other ones. I still think we are way undervalued here long term.
looks like we head down to fill the 2.60 gap area. I will add more if we get there, but holding until then.
Looks like a pincher trying to form.eom