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This message board reads like a stock who has seen its run... Down from here for a bit... Too many starry eyed pumpers.
No thanks, I actually have not shorted at all in 2013. Sticking to my current strategy for now.
Nope. This run has seen all it can sustain. Doesn't take a brilliant analyst to see that this is a good perspective.
Some will benefit from the dip - if it's not you, you will be fine...just wait it out.
Tueday Target Buy @ $2.00 and below!
Haha and people say I'm dreaming calling for a perfectly normal correction.
Laughable in here.
Actually, my predictions are consistently lucrative. For decades they have been : ) Not so concerned about what a message board nerd thinks, though.
Tuesday dip down to or below $2.00. Current levels simply cannot sustain without it. If not tomorrow, a proportional correction is due when it comes...probably sooner than later. Can't wait! Good luck guys.
I disagree. I have made plenty on this bad boy. Waiting for the inevitable before I position again though. Down around $2.00 sounds good to me.
BIG HEALTHY DIP TOMORROW. Be watching for it and load up!
They'll be getting out just the same :)
No one has been able to tell me what makes this run different than the one in April.
You guys need to remember that I SWING TRADE. The stuff I'm looking for does not matter if you don't trade my strategy. Quit crying.
lolz? You kids...
And yes, the run is done for now. You are right,
What a spectacle this could be! The potential momentum downward is HUGE should that happen. That's why I'm holding out. I have already made heaps off this thing - no need to race back in... I like to be in before the run, not after ;)
Indeed. That is why I stress that no one get shook out of this, even when we see the 40% dip. FNMA is a great place to be at any price right now, so long as you planning on holding. Not me personally, I am a swing trader/day trader at heart.
This is not a valid indicator...but it's worth pointing out, I suppose.
2.46 is the real test...if that holds, we will ride on up.... If it falls through 2.46 there is nothing stopping it from 1.80 or lower. Will be fun To watch....hopefully it'll just skyrocket to $10 by eow like some of you swear by....because that would be unprecedented. Haha
So what's the problem?
Down to 2.46 at least on tues. More on Wednesday maybe. Strong feeling we will get a dip down to $2 but who knows.
You guys don't think there were droves of message board nerds saying that correction wouldn't happen too? There were...and they were bruised pretty damn good ; )
So what makes this run different than the one in April that saw a biiggg old dip around this timeframe? Anyone care to answer?
It's no different just because you happen to hold shares this time, I assure you. Haha
Sounds good to me! Long as I get the quick flip that that'll produce I'd be more than happy. More likely to happen after we test 3.15 or so... Then down to 2.00 or so.
Nope. I got my 20% dip. I know because I traded it.
A lot of newbies lose money because someone with experience shares their opinion in a rational and respectful way? I doubt this is true.
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.
Yes institutions are flipping this, more than likely.
Thanks. I have made a lot trading this one already so I'm not in a rush to get back in...got to go with my gut on this one.
Agreed. Big shakedown coming. I see it testing 3.10 or so tomorrow morning before dropping to 1.70-2.00. I could be slightly low on that. But I expect at least -25% to -35% at some point before we get toward the high 3.00 mark.
My current plan is to buy more under or near $2. This is due a correction in proportion the corresponding correction in April. This would be healthy for the stock and I believe this will go down in a hurry before we are able to break 3.15.
Yessir. That's precisely why I trade this.
Big dip down 40% will make for a beautiful trade.
More logically, I think we see a boost as retail numbers do the same. This has followed the broad market pretty seamlessly in the past.
Yes I believe a correction to some degree is imminent. I think a lot of people won't be buying more until they see a cool off.
So is everyone planning on buying more when this dips 30% or so?
I did my time believe me! Haha
Indeed. That's how I trade this stock. I'd never say it's not going to be up in the future, but for the way I trade... I am out until I see a correction to some degree.
They already loaded : )
Dreaming of what?
No need to dream about the stock market. It's what I do all day. My dreams are about, well, not trading stocks. Haha
My next buy is set for 1.77.
I've made enough money not to be greedy ; )
People are so assumptive around here! I don't know how any of you manage to succesfully analyze a stock.
I have been trading this stock since January. If you've been around the board you have read me post about how what when I trade. You guys are very narrow sighted it seems.
And somone posted about people thinking they have an influence on pps by posting on boards... This is ABSURD. I don't know if you were speaking to me - but jesus christ.
Seriously... How do you people survive?
Haha. John's right on with this one : )
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...