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This is going to be $50 in no time. I'm thinking next Wednesday.
Sure was a ton of selling on Friday! Hedge funds aren't holding as much as some think anymore.
What exactly was so funny about that?
Does anyone know why this crashed so bad?
I am very excited for you Crowbar. Good luck next week!
I disagree....
But I'm definitely that there is some life here. Going to be a good first week of June.
Indeed. Very nice trading this afternoon. Looking forward to playing this next week hopefully.
7 times out of 10...scaredy cat.
Yes....?
I didn't trade today. I don't trade on down days.
Wouldn't be how I'd trade a stock like this. Sounds like greed To me, and an unnecessary risk...but good luck.
(I'm a swing/day trader)
What does 2.07 have to do with a rally?
Pllleeeaaasssee let me be wrong Fannie!
Closing under 2. Sorry guys.
Derrrrrrr strong call lol
Anything short of a HOD at close means I'm not trading this on Monday and certainly not taking a bullish short term view.
UP FANNIE! UP!
I really hope this closes strong so I can trade it again.
That's okay man I didn't take your comment as referring to FNMA solely. I believe this has been true for you recently, but you're trading a different market now.
As far as I'm concerned, this is irrelevant.
You'll say I'm crazy for saying that....
That's because people saw it break this morning and positioned in anticipation of a run.... When they don't get it, and realize there is no momentum, they will want out before EOD.
I'm just saying...you said 90% and there is simply no way that is true.
90%? HOD close, maybe...green close after a week like this? not so sure.
Why's that?
I wouldn't go that far. I am impressed with the support at 2, I will say that....but I'm scared of what happens the last 30 min of the day with the way this has been trading.
I really and truly hope I'm wrong this time.
"Power hour" is about to be sour hour. Sorry guys.
This closes under 1.80
To 2.11
I hope this doesn't fall on power hour when people realize there is no chance of breaking resistance. I wouldn't blame people for not wanting to hold this through the weekend but it would be nice if this would trade less like a dead cat bounce and more like a reversal setup. Good luck guys.
Oh wow. You seem reasonable and that is such a breath of fresh.
I hardly know what to say...sounds like you're in great shape. Best of luck to you and your's my friend.
BE CAREFUL
Good reasoning here. You're right. I guess nobody is going to believe I'm a real life futune teller now. Damn.
I'm glad you did too ninj.
"Hey guys here's all this really old news that the market has already traded through that I hope will entice you to buy tomorrow so you can continue losing money for a few more days!"
That's all I see in that post.
Every time I hear somebody mention hedge funds on this board as if they are helping you at this point, I laugh. Retail holds the shares now...and pps is going nowhere.
I don't really care. I'm not going to spend the time discussion why the post didn't really make sense, so don't bother.
I've just been doing this for too long...If you'd like to PM me I'd be happy to share some ideas but I am not willing to post that sort of stuff on the board anymore.
Check this out:
_____________________________________
MonestHind Thursday, May 30, 2013 9:23:41 AM
Re: None Post # of 48329
ACTUAL LEVEL OF SUPPORT: $1.69
MonestHind Thursday, May 30, 2013 8:51:37 AM
Re: None Post # of 47089
We fall to $2.00 by noon.
MonestHind Wednesday, May 29, 2013 10:23:50 AM
Are we about to crash hard? Looking like it
MonestHind Wednesday, May 29, 2013 12:30:55 AM
Another big dip ahead!
MonestHind Tuesday, May 28, 2013 1:24:40 PM
Big dip ahead! Current levels cannot sustain!
MonestHind Friday, May 24, 2013 5:09:30 PM
This thing will fall HARD next week. Won't last long, but it's going to happen.
MonestHind Friday, May 24, 2013 9:43:01 PM
The downward momentum this thing will produce is nightmarish.
MonestHind Friday, May 24, 2013 10:13:59 PM
I believe this will see continued gains. But I also believe a lot of people will lose money in the next 5 days. You only lose if you sell. Lots of you will sell when you are watching this thing drop 40% next week. Just a heads up.
MonestHind Sunday, May 26, 2013 4:08:33 PM
Saying that I believe there is going to be a 30-40% retrace is trash? What is this message board for? You are far too emotional about this message board thing... If you disagree, great! No need to be so sour about it. Maybe if you were a bit more openminded and courteous, you could learn something from someone.
MonestHind Monday, May 27, 2013 2:00:01 PM
Great post adeezl. This is exactly my sentiment. We aren't too popular around here, as you can imagine. I think there are good things ahead of FNMA but a correction should be expected at this point, and to demand the opposite is true is irrational.
I will continue playing this, but the correction is what I am looking out for before putting big money back in. The correction play would be too lucrative NOT to count on and NOT prepare for. That's just how I trade, though...
MonestHind Monday, May 27, 2013 6:54:25 PM
Everyone always thinks the stock they happen to be in is different... It's never the case. This stock will retract after this run just as every other stock would. Don't be stupid and convince yourself otherwise... Account for the possibilities and plan accordingly. That is how one trades effectively. _______________________________
Dead on with that one smartguy.