I like to GNR8NRG
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And unexpected. eom
Stop loss!!!
Oh my I'd NEVER do that.
If I didn't believe in a stock, I wouldn't invest in it at this time.
Yesterday was a prime example and I hope you use a stop limit as opposed to a stop market. I've watched WAMUQ and saw 10,000,000 shares get bought in an instant at .09 Later I found out that many of the posters on that borad hit sell market in the mid .30's and they couldn't cancel it. The MM's held their order all the way down to .09 and THEN SOLD THEM?!?
Watching yesterday I KNEW it was intentional, maybe not planned but intentional.
I've sharpened my teeth and claws and...Remember we play with SHARKS and PIRANHAS.
She is letting the parties settle their differences.
I trust that in the end, I won't be complaining. We we're solivent and we will see justice in one form or another.
There are triggers and I've watched/chased stocks. Then either I got it, or cancelled my order only to watch it fall right back down. Even I can set an order to do this if it does that. When that happens I usually buy something else and in today's case...I DID!
I've got enough WAMUQ's for May, I think.
Every weekend I personally think we could settle. (LOL)
I'm loaded but as soon as I tried to get more, they ran it. (LOL) I'm not complaining
Yeah I tried to buy and it ran away from me.
Me too and I just added another 6500 shares at 1.20 For our 1 year ago POP!
I didn't like the 150 days either, but like many others I felt it would have been the coffin nail. So now we've seen the FEAR of all the other parties. I'd wondered why Sussman himself hadn't been there, but after another poster said you sometimes sacrafice a pawn to see the opponents next move made sense to me. Also by not doing it himself, it sends a subtle message that it wasn't a big deal to even get the examiner. Of course seeing a RED account SUCKS and being a quarter of a million dollars down from my high in March urks me too...
However I know why I'm here. It's personal for me, I believe we will prevail and get paid (don't know when) The money in my account a month ago is more than I've made in my entire life. I'm almost 40 so if you think I've got money to burn then...(LOL)
I do have a GREAT MINDSET and I have goals to reach this year. WAMUQ is probably going to assist me in reaching that goal. After all the DD I even raised that goal twice.
So watch what you FOCUS on.
Energy flows where attention goes.
Pick your head up and stand tall. This is the RIGHT FIGHT!
Yes I think there is a settlement.
Yeah and somewhere between 500-600k Q's got triggered. That was the day I KNEW that we we're manipulated and that they must really want what we've got.
They forgot to mention that JPM said something about their aquistions costing them a bit more than first thought. I can't remember if it was in a letter to shareholders or what, but I do remember it.
(LOL) Sure some can and will "throw in the towel" and if we we're sub penny then I'd probably give up too...Well after I buy 5,000,000 WAMUQ's and set a GTC order 5 times higher than I bought it.
SHORTY will one day HAVE to cover... PLUS...We're so far from done that it's not even funny.
Why give up now?
We didn't get an examniner, so what? It wasn't even a thought a month or so ago.
FDIC has openly said twice in court now that the current talks DO NOT represent the POS POR.
What goes up goes down and what goes down goes up...UNTIL it's OVER!
60,000,000 SHORTS tells me somebody wants us to "throw in the towel" and believe me, THIS IS FAR FROM OVER!
VIX pops DOW drops almost 1000 points and TTNP just sits at 1.18 (LOL) Sometimes it's good to not be noticed.
Volume 147,000
I was -110,000 on 3/12/10 when I turned off my computer and walked away. I didn't sell and I now own even more shares. Looking to buy even more so on one side I too could use a hug, but my other side is loving the buying opportunity.
With that said there are very few plays I'd rather be in.
IMO, They're depressed because they probably sold lower than they bought. Simple enough and it's hard to see so much red in the portfolio. March 2010 numbed me to big swings in PPS up or down.
Today 5/6/10 will show people why you NEVER put in STOP LOSS orders EVER!!!
We we're already down over 10% before the DOW even went -200
That IS holding up well IMO.
Cramer was saying something about the hedge fund game as we we're falling and then they really started playing.
There we're HUGE shorts and buying/covering and until they said something they we're getting away with it. I bet we could guess which hedge funds..I mean banks we're probably leading the way.
WAMUQ's volume didn't ramp up as the rest of the market did.
All of this just in time for regulation. Bye bye high frequency trading.
Corruption at it finest and I already told everyone to stay away from the market unless they can watch and trade their money. Proof is in the GAME.
Notice how they finally took off the background sound. That was intentional. They wanted their 10% We got it in one day.
Wamuq looking good to me
It's a good place for my money.
On our way DOWn past -300
Nice post and I agree with you.
I also think many people get caught up with each and every ruling. MOST of them have gone our way. I believed in JUSTICE even before we had an EC. So now that we have an EC I'm feeling even better. What happened in March, really pissed me off. Not just Rosen and the "global understanding" but the FACT I was unable to get any shares on the DIP! I had a little bit of difficulty yesterday but I changed my approach and was able to load up until it went green again. It didn't hold, but "somebody" other than just me seemed to want those shares too. (LOL)I also noticed we got too close to the bottom earlier and then we went back down. They really don't want us to have any "hope" and they've already gotten out many with their "tricks"
However the lower it gets the higher the probabliity that day traders will like the chart and create another run. So I expect a slow steady down trend, but in a .105-.155 range. I'll be watching the volume and PPS. This is far from over and I still believe.
I didn't hear it at all.
I'm not worried, but it's comments that are not true that can "shake" the others up a bit more.
I'm looking to add more. It sucks to see my overall portfolio go deeper red, but if it means I can add more shares to lower my average, then I'm all for it. With the overall market correction, I have few places I'd rather have my money invested in other than WAMUQ. With that said, I learned to not go all in on any play. I did that with LEH and WM and that's why I'm here today.
I must have missed that!!! Do you know an about where that was in the audio. Beg/mid/end? I'd like to review it again.
In a way, I'm hoping for that too.
Don't know about "all in" but I'll definately add to my position.
As the judge spoke, the PPS dropped and I started selling another play I really like to buy more WAMUQ.
I've read the transcript and re-listened to the last hour. Importantly the judge and FDIC... I'm not depressed/worried or shocked. I feel we're in the money and it's only a matter of time.
Great post Fish.
A lot of the other parties showed their hands the day before court and are acting scared. IMO.
I reloaded my tickets and I'll be looking to add even more if they continue the slow slide down that they've been doing the last few days. I EXPECTED another dip before any settlement. However the volume was not that strong and I'm sure SHORTY only added to their position instead of covering. Lots can happen until the 19th and if they want to cover their SHORTS, they'll need to raise the volume and PPS do do so IMO.
Who's given up???
Today was my BUYING opportunity.
I'd lightened my position from 400,000 to 235,000 UNTIL today. I had 25k buys all around the .10 mark and they didn't even take us below .12!!! I tried filling 25k blocks at or above the ask and of course NOPE none of them went. The PPS kept running and so I went with 5k orders at the ask and then cancelled when it ran too much and repeated after the price fell again.
Besides was an examiner even on the table a month ago?!? So no need to be negative and IMO the judge did leave that door open for later if necessary.
So they have more time to settle and I'd thought we we're going to trial for sure if the examiner was approved, which would have drug this out even longer. Personally I'd like this over in 2010.
My note to the manipulators...
What's the matter SHORTY?!? Can't bring it down below .10?!? Too many buyers in the way. Don't worry I can wait, can YOU?
AM...I'll assume they'll try to march the PPS right back down. I've got enough at these levels, but go into the single digits and I'll be adding again. (LOL)
I said in an earlier post that they'd have to POP the PPS before trying to take it down. Less than 35 million traded today and the bounce showed us something. IMO
In case I forget to mention...
Go EC
Go Sussman
Go Solomon
Go UST
Go Judge
GO WAMUQ!!!
The Fdic might find there way in there if the RIGHT their mistake.
Not all of it. (LOL)
I've still got 20,000 shares.
I had 44,500. My account was bleeding red but the trading got me back in the green, until I posted that. (LOL)
I'll be alright, I just got ANGRY and when I get ANGRY I buy more of what makes me angry.
I'm happy now.
The positive for me was that I'd flipped a few for another stock and sold at a higher price. Now I've got all my beloved WAMUQ's back and a few more for .02-.03 cheaper. At 200,000 shares I'm not really complaining. Was hoping it hit .10, but oh well. I'm still GREEN for the year even if WAMUQ we're to go to .0001, but nothing has changed except for that we don't have an examiner.
I am taking a vacation and this stuff doesn't rule my life. Just maybe my mornings. (LOL)
Off to the gym.
you do know that they can see those stop losses don't you?!?
They kept passing by my 25k buys on the way to take you few hundred. (LOL)
I learned on 3/12 that the bigger the block, the HARDER THEY RUN.
Zilla eating shares in 5k blocks. They ran away from my bigger ones. (LOL)
Unfortunately I sold down today.
Once WAMUQ tanked, I HAD to get more.
Bought over 100k and I'm back to GREEN!!! Rosen want a CRACKER!!!
Lets just have the SJ.
I'm liking it.
That is kind of funny.
I've got 5500 ABK's and I'm waiting to see how low they plan to go. Funny how nobody freaked out when AIG was GIVEN our money to survive. ABK just put some of it's bad stuff aside with thanks to the cheesy ones. I remember AIG @ .38 before the RS... ABK will have to fight, but I'm thinking we're good for a bit and hopefully they'll come up with a plan that can get us writing new business. However I 'd rather they stay clear of the morgage market.
You and your loved ones will be in my thoughts and prayers.
Really?!? Good guess. (LOL)
Thanks I'll Google him.
I'm not in anymore but WOW What happened here?!?
.17 matched 52 week low and over 2 mil in volume with no news?!?
Wonder if a long got out because of the guy you're talking about.
I don't know if she could, but it'd be sooooo kewl if she just came out and ruled on the Summary Judgement right after saying YES to the Examiner. (LOL) PPS would ROCKET and then Susman could request a new CUSP# (LOL) JPM would TUMBLE and GS could say "we not alone" HAHAHA All, IMO of course.