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Glad you plan on sticking around. I thought you be gone for good once it hit the $4.70s. Best of luck.
Must have missed this earlier, but in response to your statement: there is a reason they call me Blackjack LaLanne - I know how to keep my core tight for a really long time! Great day for all longs; be well!
Agreed! Great day, and great things to come!
Thanks!
80 on what time frame?
Did you mean $4.66?
One Power Player to another:
"Hey can we take this down a little bit, I want to get in at about $4.50."
"Sure, give me a sec."
"Thanks bud - but don't make it look too obvious."
"I believe any advantages or disadvantages are due to social status/class rather than race. Any racial biases are usually within those classes.
Like it or not, this world works on networking mostly. That's the key to success... it's always been 'who you know.' "
You hit the nail on the head my man!
Here it comes!!!
Thanks a lot.
Quick Question: is there a way to see, in list form, the HOD, LOD, and daily volume? I would like to see at least 50 trading days on one page. TIA
$FNMA$
DT, I've been holding my core shares since April of last year. Can I get on this list? Yes I flip, but only my fluff. I know what I own here (p.s. the answer is enough money for my dream house/life).
After lurking on the Yahoo message board all morning, it sure it good to be home! $FNMA$
Welp, calling in the long shoremen - daddy needs to load the boat!!!
Can we close the gap and move on up?!
It's all good. I was super tempted to average down today, but I usually get distracted and sideline myself for to long, only to buy back above where I sold. So I am just going to sit back and let it do what it does. Will most likely pull a third out on Monday because history shows us that anything to do with the banking committee or these bs bills are all the excuses MM need to shake and bake. I like chicken too!
*our - proof reading helps, lol!
How is 9 cents tanking? If Memory serves me correctly, $4.50 is your exit target to break even (or somewhere in that range)? Do what you gotta do, but I am seeing every drop as a buying op. It this wasn't Friday, maybe I would flinch, but the news coupled with the profit taking - it has been a great week by the way - none of this surprises me. Be well, and may we all continue to make the best choices that suit or plan.
$FNMA$
Limit or market orders today?
I am sure most of you are sound asleep but this just came through on Seeking Alpha... Interesting indeed. This is what happens when you try to shake up the 30 yr and attack the foundation of our housing market. FNMA here to stay!
Mortgage demand plummets to 14-year low
12 MINUTES AGODHI, PHM, RYL, MHO, NVR, LEN, SPF, MDC, HOV, TOL, ORI, NLY, AGNC, MTGE, ARR, TWO, IVR, CMO, MFA, WMC, FMCC, FNMA, RDN, NMIH, ESNT, GNW, ITB, XHB, MORT, MORL, REM
The amount that lenders originated in mortgage loans plunged 58% on year Q1 to a 14-year low of $235B, almost entirely due to drop in refinancing. The figures are from industry newsletter Inside Mortgage Finance.
Loans for acquisitions were flat on year and lower than in Q4.
The trend is the latest indication that increasing interest rates are hampering the housing recovery. The average 30-year fixed-rate mortgage was 4.5% last week, up from 3.6% in May last year, when rates spiked after the Fed indicted it would scale back its QE program.
Damn, when did Gatsby get here? lolz
Could not have put it better. Because the uncharted territories of this sector, I overlooked, what was in hindsight, many red flags. I was very proud of the profit I had made with this stock and considered myself more apt at relying on my own DD. Boy was I wrong. I find myself reciting one of my favorite lines from film/literature: "If the rules you followed brought you to this, of what use was the rule." - Anton Chigurh
Back to the drawing board. Good luck to all; remember that you are not alone in your pain.
And with that, a member mark for you, good sir. Keep "keeping it real." Power to the sheeple.
"It is the mark of an educated mind to be able to entertain a thought without accepting it." - Aristotle
If you had the means to take this down to make a better entry point for your buddies, wouldn't you? Loving this ride, and loving what the future holds. Stay thirsty, my friends - daddy wants a sip from the green fountain and I'm taking the PHOT train to get there! Choo Choo!
Ha! "I know [legal] Kung-fu."
What price was your entry? It's not a loss unless you sell. Learned that the hard way with ARNA two years ago. If you don't believe we will be over 5 again within the next three months, go back and read the facts - THE FACTS, not the media noise. I am not a billionaire investor, and I did not bet the farm, but for the first time in my life, I've made a judgement call with very large financial ramifications. I am totally fine with waiting because I am confident that the end result with be worth the early mornings and late nights reading DD, worth spending my breakfast and lunchtime setting DLO to add more or flip a portion of my position to average down. All because I believe that I have read between the lines and the message is glorious. Good luck and go $FNMA$
That two hour lapse before the drop sure threw a lot of people of. Still scratching my head over that part.
I would. In a post earlier this week, his real name was listed; look him up, he's legit.
hahaha, what's wrong with moving the fluff shares around? How does one change an alias anyway? I would say my handle is not entirely indicative of my investing strategy these days.
Hey Dt, have held my core since april of last year, don't plan on letting it go any time soon. May I be added to the list to join in the celebration? Thanks!
That was dead on, Z! Felt that way for many months before I realized I wasted so much energy falling prey to the noise. Now I am much more comfortable and comforted by the simple truths we know, the irrefutable facts that guide many of our intelligently planned investment decisions. No matter how much it hurts, a plan of action ensures success - victory loves preparation. Be well and thanks for all you do.
Ha, looking forward to it! That's why I hold the core like I'm doing an ab workout!
So here is the question: do we close the gap today? I hopped out at 4.05 thinking we would pull back early, but our girl is looking strong!
This might all be pipe dreams, but add me to the Bronze List. Holding my core since April 2013 - battered but not broken!
Can you put dollar signs on vanity plates??? If so, "$FNMA$" or "DAT FNMA$$"! Not counting unhatched chickens though, lol.
Exactly. I got greedy, got careless, and got spanked. My mistake, plain and simple. Most expensive ass woopin' I've had! I do appreciate everyone sharing their thoughts, entry/exits, and DD on here; makes my life easier and my experience more fun.
Yeah, I'm salty that I didn't sell above 6 and that my orders didn't get filled until low 5s and high 4s. Blue's previous posts just add insult to injury. We are all here to make money; I only wish those who tout the most knowledge and skill are truly here to help the common goal.
Honestly, where do you stand on this now?
I don't have PM so I will openly ask you this: what makes you so sure this is worthless? You didn't start posting your opinion until the 11th. So if you were on this board in good faith, to warn us bag holders, why didn't you do it sooner? What is strengthening your resolve besides a price drop and scare tactics?