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I would be interested in joining ur forum as a participant/member.
If it ever happens let me know.
Just my two cents here---
Most people including you talk of only two postions that trading/investing allow: Fear or Greed.
Fear = no opportunity to gain.
Greed = opportunity to gain.
If everyone insists fear is the motivating factor when people sell to prevent further loss or take profits to prevent any loss well, that is really just Greed. If everyone insists holding until the oxygen runs out is Greed, or selling at the highest pps you possibly can, or selling to prevent a loss or precieved loss...well those are really just Greed.
So in the end the only emotion that matters in investing/trading is GREED.
Do not be ashamed of your inner greed, the desire to accumulate wealth and SECURITY is nothing to be ashamed of. No matter what the prevailing political/moral (eh hem...Obama) winds whisper in your ears.
Agree Blanka. I see something a bit more positive.
Poor Z- problem is he is a sideliner now for the day so his intuition is jynxed ;)
That is quite a step backwards don't you think?
I was thinking if it doesn't move up soon then we will retrace closer to yesterdays close (both FnF)then a short spike eod.
But that is just my intuition, so I won;t be trying to flip unles we run back up to 4.10 (FMCC).
GLTU
Wow...what an interesting read. Thanks.
What ever you choose to do good luck!
I know I want more shares but 5 - 7 hundred just isn;t worth the risk at this point in the game, last week I thought it was though.
I may change my mind if we spike up again in the early afternoon.
Maybe we will get a second shot at a flip today?
There is still a .06 gap on FMCC if anyone is interested.
3.86 - 3.92
I am going to watch it for the next run up today, any thoughts on the next HOD? 4.16 too optimistic?
Agree. I stayed in today, was soo tempted at 4.10 (FMCC) to sell but I chickened out this time around. Maybe next time. Might have gotten an additonal 500 - 700 shares.
Like MH says, this stock is predictable, so there wil be other opportunities...but the higher it goes the riskier the flips become imho.
Conference ID?
Anyone have teh conference ID for the shareholder rights conference?
Whoever posted that did not post teh ID and I want to listen in.
I am looking forward to a HOD of $3.76 with a LOD of $3.50 ending the day at $3.58.
GLTA - Happy Friday.
They're not gonna get me this time, I will set an nutil cancelled at $8.30...then wait for the knife to fall and finally get my 20k shares. $8.30 sounds about right eh?
1984...always knickin' at the back door.
I have a DLO sell (FMCC) at 3.68...then will put in an immediate DLO to buy at 3.55.
Maybe I am too optimistic for today, but some of the ups and down have been on the outside .15 to .30 cents.
Back into FMCC at 3.45.
Hoping for a 3.55 exit eod with a re-entry tomorrow around 3.38.
I am dead set and determined to get shares in the 3.30's dang it :) Could have had em today but hesitated so I missed the option to sell at 3.50 with a nice profit.
I need to just pick a price and stick to it, had I done tht I would have been in and out already. How many times will I sing the same old tune before I start trusting myself?
I have one for 3.30 on FMCC. Not so sure it will get there today, but it only takes one spike down. Problem is I need a .10 cent margin to make it worth my while, nost sure if it hits 3.30 that it will make it back to 3.40...so I am going to watch things closely and see what happens. I am also willing to jump back into FNMA if that looks like it might make my spread.
I find it interesting not one mention today of the gap down.
ANy thoughts on what that means? It was one of the reasons I sold out today.
Yeah I see that, but we may close lower than yesterday too.
I am going to stay out for the day and see what tomorrow brings.
Z - appreciate your comment and your chart analysis.
I am looking for a buy back around 3.30 - 3.38...the one I missed last week. I too look at the charts and try to make my own predictions so I am ont depending on people here that I really don't know and shouldn't trust...so I am using my %120 gains to learn through trial and error and hope to come out on top before we move back up above the 4.'s.
GLTU and again thanks for the personal note.
Nothing wrong with throwing away a few dollars to preserve many more either.
It amazes me how people have the nerve to directly or through inuendo insult other people for participating in the market.
I sold at a loss 3.60/3.48, but I have a strong feeling it will leave me with more money to buy in lower and gain more shares, or find another stock to play in (Though I admit my loss was out of my %120 gain after the big landslide from 6).
It is absolutely ridiculous to suggest that people should leave their money in a drowning stock. And like it or not FnF are drowning under the weight of uncertainty and that stupid f'in bill and Obama wioh his winding down rhetoic.
I applaud people here who have the nerve to make a decision either way. Those decisions are not easy to make unless you are way green, which many people here are not.
Z - I sold today at 3.48 after buying on Friday at 3.60.
You ask why 3.43 hasn't broke yet...I just wanted to point out the major action has been happening in the last hour of trading.
This week drop in the last hour, last week all the gains in the last hour.
Personally I am going to stay out this time for a few days, seems the market can't decide if we are in an up or down trend. The last two spikes in pps also settled and then traded sideways only to spike again later.
GLTU
My full understanding of the situatino was the price dropped so fast one couldn't type fast enoguh to save their own asses, twice.
Just my two cents on alerts, which probably work great on low voloatility stocks traded on teh big boards and not on OTC. This is no mans lands, there are no warnings or impending landslides or sudden upheavals.
Oh please share that coffee.
Don't beat yourself up. I bought back in Friday at the HOD 3.60 because I had to leave work, and just like I said everything happens when I am driving home. Over that period of time the pps dropped to 3.50 (an entry I had been looking for later in the day). The previous two trading days saw substantial rises in pps during "the drive home" so it didn't seem far fetched that we would see it again on Friday (at least that was the boards sentiment, until after it didn't happen). The point being I am now sitting at the very tippy top and it ain't lookin' good. Suddenly everyone is talking like the stock is going to go lower and that definately was not the sentiment up to an including Friday.
So now I will look for a chance to get out as close to 3.60 as possible and buy back in again once this slides south of 3.30...hopefully I can get out today, at this point I would rather be out than in especially beause I have no buffer left for it to go down.
GLTA
Still not back in FFF.
:)
They are on to me.
I see that now, you are right.
Now I just have to committ.
I have a funny feelng that FMCC gap is what will seperate the two again.
Hmm, there is still a gap (FMCC) from 3.32 to 3.36 from Thursday...did someone say the Thursday gap for FNMA was completly filled? If so I may just jump back into FNMA today and not sweat the share game until after we see what happens on Monday.
FMCC is flirting for an hour now just above my buy order @3.45...
All it has to do is slip on some black ice or a banna peel and I gain a couple shares lol. I almost raised me bid to 3.48 but I have a rotten feeling we are going to be surprised and it is going to dive eod. I only say this because after my order is filled that is when it will go past me original order I wanted to buy at but missed. I swear they are watching me.
Yes Im chasing shares 500 at a time, seems small but we are in a "place" atm that I feel comfortable using this as a learning tool and hopefully improve my positon at the same time in the long run. If I improve my share position enough that it makes me happy, then yea me.
I only post my experiences becasue I am honest about them and hope to get smoe positive feedback or maybe show someone else that it isn;t all a pot 'o gold as some people on here make it seem.
Ditto everything at the bottom of your post lol, thanks for show of support.
And nothing to apoligizze for, I made the decisions I made all on my own, but appreciated your analysis none the less.
I am in a range that I willing to "play" with, so losing a few shares isn't going to make or break me when we launch. But I really do want that 20k shares goal to be "filled" lol.
Yeh, not really too upset over it...I jsut hate "losing"
I had intended to put my DLO in for 3.38 but I swear just as I was abou to do it the server went nuts.
I do have one in now for $3.45 which it just hit again 5 minutes ago...so with any luck it will happen again. I could wait and see if it goes back to the 3.30's mid day...but who knows, my luck right after I buy it will drop to 3.35 for 1 minute.
SOB! Just as FMCC hit 3.38 I abuot to buy and a server wen t nuts...I am out now and will mostlikely buy again iat or above 3.50 without having improved my position. Unreal.
Got out at 3.50 (FMCC)...I think Zargis may be right today.
I am watching like a hawk to get back in in the low 3.30's (FMCC)...
Good luck everyone if yoru playing to day.
Surely we haven't hit HOD yet...yesterday it didn't happen 'till after the first dip...which is different from before "that day" when the first hi was (generally speaking and in very short term) HOD...thats what made it so easy to flip for the flippers.
Perhaps now the second HOD is the one to watch for or the third if you are late to the game and not able to play early on.
Maybe now that a direction is determined the volume will follow...
I hope today is a definate repeat of yesterday...
I am hoping for a close comfortably higher than yesterdays and a gap up monday...the runaway kind. After that some ccoling off of the overloaded 89.9999 rsi and a small consolidation in the high 5's for the remainder of the week.
Like many others I would like postive feedback on my decision to buy in yesterday near the hod.
not for nothing but the correct phrase is "case in point"
The more you know...(splash rainbow)
That comment was absolutely out of bounds and unbelievably incesitive to the greiving families who to this day have no idea where their loved ones are. Further what a douchbag you must be to even suggest that someone on this board or anywhere else should suffer such a fate.
Welcome to ignore, and I hope the rest of the community does the same.
What a loser.
Mods should hve deleted that immedieately for being a personal attack, I am even more astonished that no one reproted it.
I hear ya loud and clear.
When I reach my goal of 20k shares, half will become my core.
It just been a struggle to get there. I am way ahead of my initial investment, so if it seems like I am looking for sympathy I am not, just venting about my trading, not everyone wins everyday...sadly you wouldn't know it by reading some of these boards lol.
Night all, here's to a nice gap up tomorrow and something positive from courts or anything else. Too much to hope for release? :)
Yeah, FMCC $3.56...at least it is .01 higher than my buy in.
Stupid drive home...I even set my original buy higher just in case, but the big dip just didn't come today. At least I am in and I will be watching like a hawk next week for an opportunity to flip, I am determined to reach my 20k shares. Though...if it runs up and looks like it did on the run to $6.00...I will simply enjoy the ride and not miss my stop this time.
GLTA :)