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Impressive strength in S. Is it a last gasp or a breakout?
You like short interest - check out ELON short interest - 27 days to cover.
Not really.
I like a cold frothy one once in a while (vbg).
Yes, the froth just keeps getting better!
Quite a few blocks at and above the ask on DROOY today.
Well, KMRTQ no longer exists.
New symbol is KMRT, on pink sheets and otc.
Glad I got out while I could. I wonder if the former shares will have any value at all?
Very close to my thinking. I am short from about 27.5. if we hit 29.25 I cover.
Anyone here follow S? Can't figure its recent strength.
AAPL going nuts.
Must be the Meryl Lynch "reiterate sell" this morning. Guess they were caught short - he he.
nice eod buying in drooy.
Very well stated. I started advocating that about five years ago. I don't think "they" will let it happen. I hope I am wrong.
Well after touching 15 cents they started heading down. I got out at 11.5 cents. Not bad - 2 trades in this penny netted me 6k for my retirement account. Feel sorry for the bag holders.
I guess we were both sort of right - the company will survive, but the stock won't!
Nice day for the ole KMRTQ! Couple days I should say. Don't know why, but this stock has been good to me. Picked up a bunch at 8 cents, then doubled at 6 cents. I have no idea why. just a few days later I am sitting on about 7k profit. I think I may hold it a bit longer this time. It seems like they are actually going to emerge from bankruptcy May 5! And they say they will turn a profit in 2004. Guess I was wrong about them going out. We'll see.
Lots of sticks in this market -
...just trying to keep from getting hit by one (vvbg)!
Lots of potential there (vbg)
Seems to be bouncing the wrong way!
Price target?
Er... HIGH!
what's up with the BU$$!
CREE moving up again!
Gotta love a little squeeze now and then!
Agree completely with your statement.
But should I be long or short the stock!?
Actually, long or no position is my only option - Ameritrade won't let me short.
Also, earnings on the 16th. I would not want to be short going into that. But I am not sure i want to be long either.
Short covering could really push CREE up today - up 10.5% already.
Anyone care to pick a bottom on DROOY?
Of course there is!
And, it makes you immortal too!
vbg
Once F is seen as definitely going into bankruptcy, they may be a good long term strategic gamble, based on what I think is an almost zero chance of the government not bailing them out. Could shape up to be another Chrysler type story. Sad, very sad.
New 52-week low for F - 6.70
I guess there isn't much of a surprise there.
But why?
Is that lack of cash to fund borrowing by retail customers to buy autos?
I have been in and out of GLW a bunch of times over the last year. My best buy was at 1.13 - scary! Current shares are sitting on a 1.00 per share profit and almost sold this am at 5.18 - just missed it before it headed south.
I am watching KMRTQ still and will re-enter if they give me a reasonable discount to the .14 I sold it at.
Got any other ideas - preferably ones that are not in bankruptcy (VBG).
Yeah, I bought some at 11 cents, sold it at 14 cents - hey, made 1500 bucks.
The question is, can K mart survive, or will they close their doors. I am thinking they will end up closing their doors, so I won't hold this one. I guess id they pull it off and go to a few bucks a share, I will be sorry I didn't hold them.