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I have 1 word for you "WAMU" .
Biggest bank in the US, and they shut the doors and sold 'em to JPM for beads and shells.
Yup. Probably perfect timing if you ask certain people.
Watch, it will continue to do a super-tank, and then there will be buyout news. Wouldn't surprise me.
Well it was fun while I was in, that's for sure.
Could have made more than I did, but live and learn.
I would get out unless you think it will rebound, but all it takes is a bad PR and down she goes.
If it hits, which I think it will, and you want to walk away, just make sure you pick some juicy underpriced January 2011 Call Options.
That way you don't have to risk too much money, and you can literally walk away for a year.
Glad I got out of BKUNA when I did.
Didn't make as much as I'd hoped, but looks like it's tanking pretty good now.
You're all set up, and that is a good idea to walk away imo.
That's good. More time for the build-up.
I agree. I think this will definitely run later after the traders are stocked up and ready to go.
So true, and I disagree with the people that tell me that such action only frustrates daytraders. I am not a daytrader and I am long on WAMPQ for sure, but it still frustrates me.
I am already bracing myself for this to go back down to $20-$22 where "they" sure seem to like to keep it.
I dropped out at multiple points over the last few runs-up .
I was long, until I decided that hundreds of percent return on my money is only real if I sell, so I did.
Good move not chasing it down though, very smart.
AMNE is a more-than-solid company that I have full confidence in, and anybody who doesn't think so is wrong.
I don't want anybody to think that by me selling I don't believe in them, because I do, it was simply profit-taking and that is that.
Have a great day Wolverine, and I have absolutely no doubt that AMNE has great things in store for them and that you will do very well with your investments!
I should be used to that by now, but it still is so ridiculous to see when it is happening.
Cheers, and I am getting better at the patience part, but not quite there yet.
Great day to you my friend!
Don't worry about it, and unless this breaks .06 , you aren't going to get the returns I got.
I'm crying all over my profits.
Too bad that was only the gap from yesterday.
The real gap has yet to be filled.
So the 27s and 28s got hit quick, then someone bought 540 shares at 28.99, and then people actually go and sell for 26 bucks right after than.
Unreal.
Whatever you say chartman.
Thanks bud.
This is a great company, no doubt about it, and money can definitely be made trading this stock.
Best of both worlds, but I am now on the sidelines counting my cash.
Unfortunately what goes up must come down.
Have a great day!
I don't know the odds, but let's just say I've made the mistake before of not taking full profits, and I am happy to say that I did not make that mistake on the last few runs.
In nice and low, and out much higher.
So am I , and charts and trends show back to .003 - .005 .
You are right that the dumpage was from traders, but the buying you saw the last few days was from traders too.
If the traders just back off and leave the stock up to investors only, it will tank back down to the real bottom of the gap, and then it's GAME ON again.
I've been watching the stock and the company too, and I'm not knocking the company, but I have seen the games enough time to know where this is headed in the short-term, and when you-know-who comes out of the woodwork and starts typing in caps that this run is nothing and yadda yadda yadda, that is my sign to take it when I can get it.
Who do you think you're talking to?
I disagree.
That was monster dumpage, and there is nothing holding this thing up except for manufactured trading.
If the team that is running this stops their antics and leaves the stock to only interested investors, this drops back down to .003 - .005 .
You're telling me that an announcement of a F/S made the value of the stock go from .003 to .021 ?
Come on mule, you know that's not true.
I'm watchin', but I'm out.
The smartest thing someone with millions of shares could do, is set a GTC order for all your shares and take full profits.
Pick your price.
That's exactly what I expect, which is why I sold everything but 1 share.
So you think.
I've seen this manipulation before.
There obviously wasn't any support at all between .01 and .02, and it went up from .03 to .01 just as quick.
Could be wrong, but this is nothing but a trading team manipulating it up and down.
As soon as they stop buying, the thing tanks.
Well it dropped over 30% after that, so give it up buddy.
You missed out makin' money, so deal with it.
I will see you at the EOY, but I will be in at cheaper prices than the current ones.
SOLID DUMPS at .0095, onw at .0092, soon at .009 .
The thing is tanking brother.
I sold the rest of my position earlier, and I'm glad I did.
Just wish I would have sold it ALL yesterday.
Made out real good, but the dumps aren't stopping.
Crashin' and burnin' imo.
I disagree PIZZA.
This thing is going to get beat down just like the good old days.
I'm glad I got out .
I guess the manipulators are done moving this up huh?
You're asking the wrong feller.
We'll see if there is real support at .011 .
If there is and the consolidation is over, we should see a push back up, but everytime I try to make a prediction on this one, I'm wrong.
True, but I don't think this pullback will last too long.
Weak people are getting out, whether it is by taking profits or from being scared.
100% pullback from the high-of-the-day .
Support at .012 ?
You're not kidding.
Way to go. Way to seize the opportunity!
Happy trading!
You might want to consider adopting a new method of trading instead of hiding behind the "he told me to" philosophy.
Actually I was right.
Those that sold at 9-10 were the smart ones.
It pulled back 30% after that run giving people more than ample opportunity to buy back in.
I will not be careful about what I post, and you have a weak argument.
Too bad for you if you missed the last gains.
hahaha
I wouldn't jump off yet. This is gonna blow through .02 pretty soon imo.
That's what you get for making decisions based on what other say.
Any way you break it down, this stock is way overpriced, and if you think it is a good deal, buy more and see how it treats you.
BTW, I'm sure you will do just fine with the play, I was just offering my thoughts on the options.
Let's get ready to rumble !