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Yes I've been doing exactly that for decades.
See what happen? There was no real momentum because there was no catalyst. I called at least a 20% dip and it happened. This time I expect 30-40%
Will not hit $20 this year.
People still trading this scam stock?
I agree as well. That is the difference between being bearish and being realistic.
This is my point. Great post. The power of even the slightest downward momentum at these levels is downright frightening...yet most of the people here refuse to believe it
The odds are not in your favor - chances are we will see I deep correction and anyone with years of experience in the market would agree. Until there is a correction I will not be purchasing more shares of FNMA.
There really is no healthy reason to speculate otherwise.
Yes. That happened exactly as I predicted as well. Got lots of PMs thanking more for calling that because people waited to buy despite the fact that most of the goofs here cried that it wouldn't happen. The next one will be deeper.
Very few are bearish on this stock...I am unsure I have come across anyone who was outright bearish.
Predicting a major correction or retrace doesn't mean one feels it's not a good place to invest.
Simple fact is, this thing is due a breakdown before further movement to the upside can happen. If it doesn't happen next week I will be amazed. The point I'm making is buy, but buy smart.
FNMA .89 by Thurs?
You are impossibly good at missing the point.
I think you should slow your roll. Look at my history man, I'm just trying to offer ideas to people... The same ones that have put me where I am today after years of trading. Spend two seconds reading my alerts and I promise you would relax.
Who said this was going to tank? Twitter.com/Orion_Arm
I see any negative news bringing a 40% correction.
Hahaha A+ work sir!
Your logical fallacy here is that you assume the door. In reality, you're the only one talking about it; there is no discussion.
Who wants to see my chart projections for next week?
Remember me...the guy that simply said, "You're wrong."
And if you're wondering if I'd trade FNMA like that again, my answer is no. Not until I see a massive correction - Which is pending.
I've been moving money pretty aggressively in the last week or so. There was a point when I bought 250,000 in FNMA. Then $400k. I'm in and out multiple times per week. You get what i mean...When the risk/reward warrants huge blocks, I take them. This is not uncommon guys.
GROUND ZERO
So many of you are about to get shook here.
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.
Even the smallest sign of life would probably produce a great trade here...but I'm quickly losing faith.
The downward momentum this thing could produce is nightmarish.
When this tests 3.10+ again and fails, it will lose 40% in 5 minutes. Watch and remember this post.
This thing will fall HARD next week. Won't last long, but it's going to happen.
I'm already holding plenty and sold on $47,000 profits today alone. Position was worth over $1mm today above $3.
OMG IT SAYS 2.48 CLOSE!
lol no one knows what they're doing in here.
But this is going to see 1.70 again...be weary.
My position value exceeded $1mm today.
Not bummed about that.
BOGUS
Had my limit at 1.09. Pretty perfect if you ask me - Out for now. Back in on the next cycle.
2.86mm buy?
This one is too good to be true on the near term. Don't be surprised to see a -20% day soon.
What is the worst that could happen to this stock?
No one is discussing this and that is troubling to some extent.
In at 1.69. Good luck guys.
This looks like a good swing trade. Looking for a bottom.
Tons of buying at .005. This could actually break out today.
That's what I'm thinking. Im sitting on 49s hoping to drop em at 52 but who knows
Dilution happening here?
If you guys didn't take profits in the 50s, you're out of your mind. Who knows when this thing will go near that again.