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banks are going to be diluting like pink sheets to raise money....
this is going to turn into a bare knuckles fight...
I wonder if the SEC would rather be thought of as incompetent or corrupt? I don't believe people are stupid enough to do some of the trades I have seen here...
NITE is just a known market manipulator. They have numerous fines to prove it. They are probably paying someone at the SEC to look the other way imo...
NITE is undercutting the ask on all the WAMUs. He is also on all the bids. He is trying to run the show...
that's because there are only 3M shares outstanding and most are held tightly. doesnt't take much to move. that's why stops won't work here. set a stop at 25 here and you may end up selling at 21...
when we go back over 30 I doubt it will stop until the low 60s this time...
look at NITE now. he is inching the bid up trying to get a seller. he wants to buy at 25.06 and sell at 25.88, not a bad profit. problem is his shake this morning scared some buyers. his strategy may have backfiere a little...
the HQs get paid first, thats the reason to own them. The KQs can't be converted to commons, thats the reason to own them, 39 x current pps. The PQs are the highest paid, thats the reason to own them, 40 x current pps. imo best strategy is a boalane of the preferreds... Vegas said about the same thing while I was typing... I'm thinking of adding some Ks today...
The SEC would need some balls. I keep watching NITE up the bid by .01 when someone else comes in...
These haven't been big block sells. They are novices that don't know how to handle a thin Q stock and are setting stops. NITE just hopped over UBSS again by .01...
they make more money breaking the law. I see they have deployed a couple of bashers to help as well. They wouldn't do that would they...lol
I'm sure gonna hold over the weekend. I flipped a little earlier this week like you but bought back before eod. If any news hits over night or weekend she will be out of reach imo...
UBS bid went to 23.10 and sat for a few. Then NITE went to 23.11 bid and there was an immediate trade. NITE isn't trying to manipulate this is he, even though he has bee fined serveral times by SEC for manipulating. lol...
I doubt you will get back in then. This morning has been shake manipulation by NITE imo. I'll add before EOD. Definitely long for the potential deals over the weekend. I'm not saying people are stupid for falling for the shake but people are stupid for falling for the shake...
don't think I have ever seen a shake the suckers out so hard...
just got dozens and dozens of messages stating "Mkt on close buy imbalance" or "sell imbalance". eln and su are two of them. what do they mean?
what are support levels?
actually I bought at $1.40
if I had sold at $22 I would be feeling sorta dumb right now...
have you noticed that a lot of the buys are 1 penny under the ask...
the MMs know where the chart says support is also. I know NITE wouldn't try to take advantage of us.....
just guess what would happen with a little positive indication from the $4B suit. It would move up so fast you couldn't react....
so this is why they need to jack up everyone's interest rates...
I had a doctor appointment today and I asked the doc what he thought of the swine flu problem. He said there were about 20,000 deaths per year from the regular flu. He said based on what he has heard it was being overblown...
what happens if you buy GM puts and they file c11?
been there for a good while...
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=35180797
isn't it illegal for him to disclose to you or anyone else privately?. makes you wonder...
Is there a tracking symbol for the VIX? I get a quote for VIX on ETrade quotes but the symbol "VIX" does not come up on Power ETrade Pro...
MMs are playing with the rookies...
This will probably run some this afternoon, Even though people look stupid, when it comes to money they usually are not. MMs attempting to shake some out then accumulation into the weekend imo. I didn't buy this to get a vacation out of it, I bought it for a luxury retirement...
I wonder how many people are really dumb enough to sell at this level or if it is MMs swapping to shake? Not holding over the weekend is lunacy...
If I had yesterday to live over again I would sell at $36 and buy back at $16. If the same thing happen today that happened yesterday I would hold again. Wouldn't it be nice to see one day ahead. This is a $1,000 stock and you never know when it will kick in. Yesterday's run to $36 tells me this is for real.
There was about $3 million that traded on the Ps today. Avg price was probably close to $25. That should give people a signal that this is for real. It's one thing for some group to pump a pink penny stock up and then dump, but I doubt there would be anyone willing to do that with a $25 pink stock. Based on today's news about BAC, Paulson and Bernake sounds like misdeeds may not be hard to prove....
This is way to risky to flip. If a deal were to occur overnight it could easily open over $200/share.....
the cool thing is we should have about a 40 bagger from here...
$1.8 million worth for about $39,000....
some folks can't take the pressure. All the WAMUswill follow imo. now this is a stress test!
SPY SZCQG 84 put (corrected)
http://i39.tinypic.com/2s7azag.jpg