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Out at $2.18. This is getting ridiculous. Someone knows something and it ain't us!
Hopefully that was retailer investors that dumped 120k shares @ $2.20!
Hopefully $2.20 was the bottom!
I thought I made a good buy at $2.29 today, but I'm not so sure now!
Taking a beating today!
Pretty boring day, but a nice close!
A little fortune telling maybe? :)
Not me. I got out at $2.63 and am now waiting for my next buying opp.
Love that manipulation just then... nothing but selling and the price goes up
Back in at $2.47. Come on, big money! No Whammies!
In case you didn't notice, he was exactly right. Although it didn't "dump" to $2.30, it did hit a low of $2.30 before going and remaining green til close.
Is there some catastrophic news I don't know about?
I guess not everybody saw that yet...
The only part of that post that is true is this: "President Obama is opposed to take over for control of Fannie and Freddie by private hedge funds"
The rest of it is nowhere to be found in the article.
Got a link?
Wow, thanks for posting that. I will sleep much better tonight :)
Or watch the movie if you don't feel like reading :P
http://www.imdb.com/title/tt0028944/
About 700k just got dumped at $2.42
There were 2 trades @ $3.33 within seconds of each other. About 53,000 shares total
OK, everyone can stop dumping their shares now. They are trying to bring it back up now, but you keep feeding them more. They're full now!
You guys and Bloomberg suck at math. It should be Million, not Billion. Ackman's fund owns a little under 10% of each company's common shares. 115,569,796 shares of FNMA and 63,505,693 shares of FMCC.
115,569,796 x $2.92 = $336,885,955
63,505,693 x $2.69 = $170,830,314
$336,885,955 + $170,830,314 = $507,716,269 as of today's close
I agree... this stock and FNMA are a MM's wet dream
What exactly are you basing this on? I see no clear indications myself of any uptrend coming Monday.
Based on... ??
Who let these cheerleaders in? Please don't turn this into a Yahoo message board. We're all entitled to our opinions and that's all anyone really has to go by. If you don't agree with someone's opinion, either ignore them, reply thoughtfully or go play Minecraft with your classmates.
Same here, I only bought $100 worth and now have 20,000 as well. Do you still have the ticker in your account or did it change to something inaccessible since the split?
Any serious answers? Anyone? Does anyone actually hold any of this stock other than me?
I'm not saying it's the best decision, but I feel it is the right decision for me. I got burned on the initial run up by buying in the $3's and took a big hit when I sold for a loss. I've been daytrading when I see opportunities since then and it's worked out for me because I've recovered my losses and am now profiting. If I was still holding my inital shares, I'd stil be in the red with no clear indication of if or when I may again be in the green. Sure, I may miss the beginning of a run if it gaps up overnight, but I'd rather miss the beginning of a run by not holding overnight than to hold overnight and be struck with a big gap down. I like to be in control of my money, since I rely on this to pay the bills.
That's why I only day trade this stock now.
Do any other (bag) holders of this stock actually have access to trade the shares they hold? Since the RS, my account has shown the ticker as delisted and my shares gone. (shows 100% loss)
INO is acting... "different" today...
Wow, people can't panic and dump fast enough right now
Why would they bother opening the market at 3pm? Why not just call it a day?
Liar
Though, I find it strange that even though the market is down, "some" people are able to buy shares in FMCC & FNMA....
The whole market is down, not just this stock!
Once Obama and his buddies buy their shares, the OTC market will be fixed
Don't BS, you can't
Was supposed to start trading @ 9:15 Central time, which was 19 minutes ago