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yeah these usually run up before the FDA panel which is May 10th. the day before is when we're gonna see the big dip, when many will bail out.
i was affraid to pull the trigger at first this morning because it was already up 4% and i was waiting up a dip. glad i bought in the AM because the dip never came haha.
sold most of my position to invest in another stock but i just had to come back and say "i told you so" to the shorts ahaha. BAC still holding up even at these volumes.
I wonder which approach the shorts are taking now. 3 steps foward 2 steps back?
everyone's holding their breath :). picked up only 1400 shares today I didnt realize the 3 day funds hold ameritrade has.... luckily i got in while its still cheap!!
yea going on my watch list. could be a buy in a week.
HWAY looks interesting im picking up a few shares tomorrow.
smart move. sometimes you gotta throw in the towel so you can fight another day...
slowly chipping away at the $10.00 mark. shorts are gonna be hung out to dry.
when the volume starts to drop then its time to sell. For a friday BAC is getting a lot of action. we need a strong close today!
HOD coming up.
yea rolling over leucro..LMAO
yes, indicators show its in overbought territory but how it justifies your short position, especially in the short term doesnt make sense to me. what i mean is, all overbought/oversold indicators become unreliable when the market is consolidating in a relatively tight range, even when paired with other indicators. you can see this is the case with BAC if you look at the daily charts. thoughout the day it's trading between a pretty tight range and simply making small progress every hour or two. Also, the trend is backed by increasing volume which now makes it extremely unreliable. Im not saying youre entirely wrong but the pullback might not be as soon as you think or as big.
well in actuality no one can answer that but in my opinion looks like we're headed up taking into the consideration of how the sector as a whole is preforming along with the economy. 2012 looks like a new beginning for banks especially BAC. Bank of America might be the most risky of the big 4 but has the most potential for gains. In my opinion its gonna continue an overall long term up trend assuming the expected quarterly EPS are met. if you dont hold any shares yet i think you should wait for a pull back or if you want to play it safe wait for the earnings report on april 19.
oh and by the way that golden cross is beautiful.
I doubt it will pullback to 8$. Theres strong support around the 8.80 mark and volume is key here. volume continues to increase even at above 9$.the pullback will probably not be as big as many of you anticipate. GLTA!
yea i noticed the golden cross forming a week ago thats what initially caught my attention to buy along with the approaching stress test.
it will probably continue an uptrend until april 19th but i think you guys are right about the pull back. Major support is at around 200D MA. if earnings are good prepare for take off.
I dont think it wil be low 8's. mid 8's maybe but we're getting nice volume who knows maybe well cross 9 by friday.
i would have waited to see what happens tomorrow before i sell, theres a huge increase in volume eventhough we're trading at higher prices. but hey profit is profit nothing to second guess about. there will be good entry points to get back in again for sure.
looking healthy lots of accumulation happening. 9 coming right up.
Looks like my prediction might be right 9$ by end of month. :)
Gongrats dude! Not many people making money in this market, nevertheless at our age. Always good to see.. remember to take profits when you can its gonna get rocky.
im actually looking foward to the results. imo the result will show that BofA (the second largest bank by assets) actaully has an excessive amount of capital to withstand another another economic blow. favorable results will give the chart the other leg to ataully see the 9$ mark. There's alot going on this month if all falls in place we are golden. March will be interesting.
why dont you put your money where your mouth is and short it :)
People, STOP putting your hard earned money into this scam. You'll have better odds hitting the lottery jackpot than seeing a penny from this "company". Look at it this way, if these scumbags were actually mining gold or even attempting to find gold this stock wouldnt be sitting at .0001. You can bet your @$$ that a legit opetation with a price of .0001 would have a PR even if they found a micron of gold, but these scums have'nt had any form of solid verifiable news....EVER, this should have been a MAJOR RED FLAG!
RUN AWAY... RUN FAST ( wish we could make this line a sticky).
Sorry to shred any hope some of you probably have, but this is exactly what this scam feeds on.
also, sorry for the lenghty post but I like to periodically post some type of warning like this before they get any new sucker thinking this is a good idea, like I once did.
Im still holding the bag at 5M shares @.0003.
Anyway folks, this is my good deed of the day GLTA.
Just my Opinion
BAC might take a dip friday if the umemployment report is'nt favorable. But the biggest impact will be the Greece PSI agrement. If all goes well I'm looking at just 9$ month end (wishful thinking).
PRMO is a black hole don't put any money into this dump. I have 1450$ tied up in it for almost a year and I don't expect to see it again. What a rip off, with all the outstanding shares it will never move. What a bunch of greedy thieves.
if I get some money I will buy 1BILLION shares!! ......
no one will be selling everyone in prmo will be holding until 3 at least. I hope everyones smart enough to hold on for the larger run.
this volume is very strange big burst in the morning then completely dead in the afternoon. another day like this and we will be at 3
I already threw 1350$ into it I would buy more if I had more funds
Need some more big buys to knock NITE off 2's
PRMO let's go baby I can already smell the money we need to keep pushing
its called sarcasm, heard of it??
we need to stay patient and hang on if it doesn't run this week, because when its ready to run it will RUN.
were is your 840,000,000 buys at ??? We're waiting ...
we need more buys common slap that ask
whats up with all the sells today...
There can't be a refinery when there isn't any gold to be refined....
I would be happy with .0005 or to even see .0004 again.... dont know about anyone else here.
It Takes 300 million of volume just to move .0001.