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S @ 2.11!
LOL, every penny counts when your loading the boat! :)
Wish I loaded PRMKT at 2.10-2.11!!! Hoping it drops down to those levels during the market today. Have my eyes on a few others too; today seems like a good day to grab em' cheap.
Havent entered yet, CLWR currently @ 1.70, watching closely.
I'm glad it didn't drop back down to 2.13 during the normal market hours otherwise I would've loaded the boat at that level! An immense amount of shares are being dumped at 2.12-2.13 in AH. This will most likely see those numbers during the normal market tomorrow and possibly even lower. I'll be watching it closely before I make an entrance.
RSH is currently down 20% in AH.
I'm tempted to put an order in and try to load up at 2.13, it seems like it wants to drop back down to that.
I have actually flipped it a few times since my last post. It's been having some really nice jumps lately. It's current PPS is mid range, it's at a decent price but I would look to enter lower. Mid 70's is a good entrance. I am looking for the 1.75 mark before I enter in again, we'll see if that comes. If it does, I may wait to see if it drops to the low 70's again like it did early last week.
I hate to say it but why would you believe any one who mentions 'no BK' when they were clearly headed that way for several months? Don't believe what anyone has to say regardless if they are the CEO or a head executive; make your own judgement and go from there. Regardless of what they were stating to the press and what news releases were being announced I was calling BK for months and they finally did it. Easy to make money if your judgement is correct and put the pieces together. Ignore everyone and everything and come up with your own prediction and invest based upon your hypothesis. That is exactly what I did and I was criticized heavily for stating my predictions, estimations, and saying BK was around the corner. I of course didn't care what anyone had to say and kept my stance and my opinions and look what happened. I made an immense amount of money while the ones who criticized me and literally cursed at me ended up deeply in the hole. Gotta' love when things like that happen :)
All I'm saying is don't believe anyone, trust in yourself and occasionally listen to your 'gut' and you'll normally end up in the green rather than the red. I wish you the best and do hope you can recoup any losses that have occurred.
It sure does.
Good article. Thanks for posting it. Check your email when you have a chance.
NYSE suspends trading in Eastman Kodak.
20 minutes ago - Asia Pulse Data Source via Comtex
NYSE Regulation Inc. (NYSE) announced on Thursday that it determined that the common stock of Eastman Kodak Company (Kodak) should be suspended immediately.
Eastman Kodak Company made an announcement earlier Thursday that it and its U.S. subsidiaries have filed voluntary petitions for Chapter 11 business reorganization in the U.S Bankruptcy Court for the Southern District of New York.
NYSE's statement came after Kodak's announcement, saying that NYSE Regulation has determined that "Eastman Kodak Company is no longer suitable for listing."
According to the statement, NYSE Regulation noted that Kodak had previously fallen below the NYSE continued listing minimum share price standard, as the average closing price of its common stock is less than one dollar over a consecutive 30 trading day period. (PNA/Xinhua)
:) So great! I did too, called BK a good 2 months ago and got criticized horribly for it, and now look what popped in the headlines this morning! Cashed in :)
Good luck to you as well Poem; it was a good board for the IPO.
I caught that, I dumped Wednesday (post #4269) thank God, I didn't think the victory chart would continue.
Good entry!
That was a nice squeeze! In and out that's the way to do it!
$$$$$ :) Thank you EK for such a nose dive these last 2 days! As I said over a month and a half ago, they've been preparing for Ch.11! Should have taken better positions or changed your entire position LOL. Too easy and predictable!
It was good while it lasted! Dumped yesterday!
What a great pop :)
Haha! Love the humor, good stuff :)
I did not get a chance to read that. I've been swamped with things here and didn't even get a chance to pop on here yesterday. My apologies for the late reply.
We shall see what the true numbers are!
GL to you too, thanks.
Agreed. S is a very strong stock and it's only a matter of time before the strength catches up with the PPS.
BAC is finally performing nicely and keeping steady gains!
LOL :)
$7 is not too offset; reasonable entrance that may occur if there are a couple more red days. Are you pursuing a long position at that PPS? If so, that looks to be a good entry at the moment if it drops to that level.
ZNGA is an excellent stock to flip which is my choice for this stock until I see it level out to know where a good entry point is for any type of long position. Right now this stock is still finding it's ground to stabilize. The base was maintaining the $9.20's in my books before these past few declines which I had a good feeling was going to happen with the weak performance it's been having. Predicted these last few declines Jan. 4 post #319.
Over the next week I'll see what the new base is and should get another accurate estimate where this stock will head. However, like I stated above, I will not pursue any type of long position until the stock stabilizes which won't be happening any time soon. It's still a very new stock and the bottom is bottomless right now so keep that in mind if you are pursuing a long position at this time. I've stated that numerous times since the IPO last month which I'm hoping others listened and didn't jump in long when I was saying it's not a good idea yet because the stock needs to stabilize and find it's ground before an accurate (and profitable) long position can be found! The stock is already $2 below the IPO release, not a good start for any longs that set a position early! Hope everyone held off or sold a long time ago to re-enter at a better PPS :) Follow me!
Daily predictions as well as future performance predictions but will post stating that so it is not confused by my daily predictions. :)
Thanks for the nice comments! By the way, when I reread my reply to your last post it sounded a little brusque, my apologies.
I wasn't referring to tomorrow I was talking about today's performance. Re-read my post. It was at -6% when I had posted that this morning and it looked like it wanted to decline further which I estimated -9% through -10% by close which was right on target considering it stayed low and closed at -9.19%.
I don't know what your disagreeing about, I mentioned nothing about tomorrow's performance. That aside, my prediction of the drop I called this morning was correct.
There she goes, currently down 6%. My post last night was right on point. This will most likely continue to drop and will see a decline of 9%-10%.
The real "truth" is Ch.11. EK won't counter spin the negative news because that will make them look worse when they counter spin it and then end up filing! I do remember a few members telling me (when I was saying a good month ago EK will be filing BK soon), that EK denied all BK rumors and that EK said BK wasn't an option they were considering. What did I say? Don't take that literally, BK is always an option for EK to consider. I've been saying they'll file BK for over a damn month and finally news came out about it! No longer "not considering it an option" huh? Now everyone sees what I've been saying since early Dec. right? Should have listened a month ago! All the pieces have pointed towards that for several weeks but many were blind or simply didn't want to believe it. Or I should say 'emotional attachment' with the great ol' EK stock that kept declining while I said get out before it dropped under $1 but everyone held!!! Either way, it's been obvious for a good month (maybe not that obvious to some!), and when they file Ch.11 this will be going down to the single digits. It's already gone down to .36 without an actual BK filing announcment. I already have an order set for the ultimate bottom :) EK, too easy, lets keep it rolling and predictable! You know what's going on, maybe others will finally see the light (or should I say darkness) at the end of this tunnel.
Side note: I don't want the company to go under by any means, but come on, Ch.11 has seemed like the only way they could make a decent rebound for a long time. They've been hurting and the court date being pushed back was the last nail in the coffin. It's needed at this point. On the bright side, they'll come back after the filing and reoganization.
I noticed another member already answered your question. I'm sorry for such a late reply, sometimes it gets a little hectic over here and I don't get to respond as quickly as I'd like. However, to add to the other members response to your question, the PPS hasn't hit the IPO since a couple days after it was released which is a bad sign. When the IPO's aren't reached after the stock becomes offered it indicates the stock is overpriced. As I've stated a few times in my prior posts the indicative range for the IPO was $8.50-$10 and they placed it at the top (not a smart move in my books). It's always a good thing to start low and let the PPS increase to encourage more investors. However, starting top heavy is risky and if it tips at any moment, IPO's normally turn deep red because investors get worried because it's a new stock that could fall to any level because there isn't a past history or numbers to look back on. In this case, ZNGA was red for the first few days of it trading. In a matter of fact, this was deep red when the market was green. That aside and back on topic, this stock is weak and moves pretty dramatically enabling a good flip almost daily as long as you enter at the right time. I've been flipping which has been working out nicely. Other than that, this is not a long positioned stock at the moment. I don't believe this will be going anywhere anytime soon (short term perspective) and your funds will just be tied up going up and down not making much gain.
What a great bounce off the mid teens!
Yesterday it dropped below $9 and today it broke a new 52 WKL (dropped under $8.75), both statements/predictions I made Wed. already happened. :) ZNGA is already easy to follow! Flip flip flip these past few weeks! Easy money here folks.
It's good they keep coming out with new games. ZNGA has good potential they just need to reorganize a bit.
Got you, thanks for the insight. Sounds good Altruism!
Loving BAC at the moment!
There she is, under $9 like I stated in my post last night. :)
I personally believe the bottom hasn't occurred yet. Looking in my books, this stock has been generally sitting firmly in the $9.20's. Anything above that doesn't hold for too long. Based off of my numbers and estimates, anything above the high $9.30's isn't worth the entry for a good profitable flip at this time. Most of the PPS climbs detract back to the .20's. That's where I constantly buy in and flip for a nice quick profit. With that said, I don't think $8.75 is the bottom, we will most likely see this under $9 again as well as under $8.75.
That aside, I do agree with you completely about where the IPO should have been placed; around $8.75-$9 would have been more suitable for this stock. $10 IPO was rediculous, the indicative range was $8.50-$10, not a smart move to set it at the top and then have the stock drench in red the first couple days of trading.
I still advise to wait if anyone is considering a long position.
BAC has been an ATM lately! Wish we could go back in time and load up more under $5!