I like to GNR8NRG
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That's what I was thinking, so I bought more on Friday. If it falls, I've got more cash that I can throw at it.
I took half of my profits from last Friday and got a taste. 3500 ABK @ 1.64
If we fall bad I may buy more.
Hey T, thanks for all your assistance on the J "Q"
I got spooked today and I sold my position 250,000 J's
Was hoping for a POP to ride free shares. Being it didn't happen I sold to preserve what I could and only lost a few thousand. I'll still be watching and you work really hard on that board. Hopefully you guys will POP tomorrow and good luck. Didn't want to spook others by posting it at that board, but I believe in being honest.
I'm really liking this "Q" TRXBQ has been good to me and from what I've read it seems like a good long hold. At least until the uplisting. (LOL)
Well, it'll be nice to see some numbers soon.
AWESOME TOTALLY AWESOME.
Great questions wamu. looking forward to seeing if they get asked and even better, if they reply instead of saying some court BS.
ROASTED PORK for the weekend BBQ!
You were right...I got in just in time and added more today. Thanks Newtech. This is a great board with really good posters. I'll be enjoying a nice LONG ride.
Hopefully Vegas will be sooner than later. At least there they have a BAY of RUM.
Thanks Fish
I don't know, but I'm TRYING to sell some of my other plays to buy more. (LOL) Some are just not liquid enough. ARGH 7200B's and hopefully more soon.
Followed Newtech here and add another 3550 B's today @ 1.00 Very happy and excited.
Thanks again Admiral.
I need to learn more about options, puts and everything else other than me just buying and selling. (LOL)
I'd set 5000 at 10, 5000 at 15 and 10000 @ 20 on Friday. Had it been over 1.75 in the AH I would have held, but it didn't and it stayed in the range I'd sold at. Holding over a weekend is usually not good with stocks that are heavily SHORTED. I thought what came out today would have been released Sunday and dropped it to .85-95 before starting the run up. I think JPM/Street and all their friends are SHORTY, hence they'll try anything to keep PPS down to cover and load for the next run. If it gets low enough, maybe I'll get back in. If not I'll enjoy the Th-F run I had.
IMO JD and the C man in serious cahoots.
Hey Oil.
I sold my ABK Friday and still hold my WAMUQ. IMO, I'd say JPM needs a serious BEATDOWN. Hopefully we'll be able to assist with the assult. Being JPM says "worthless" I might buy back in. (LOL)
Just read some stuff on the Y board about options expiring Monday and how they'd benefit if ABK was above a dollar and around 1.50
That would explain a lot. Don't know if that helps any when looking at the account.
Thanks Admiral
Do you know if the institutional trades we're buys or sells? I'm assuming the JPM release was when the PPS kept falling and so I'd think they we're selling but I've been wrong before.
Really? How do you find out that info. I just caught the JPM article, but ABK has usually traded in a range of .75-1.50+ off of good and bad news.
Another poster mentioned that JPM's probably downgrading then to load up on cheap shares and will upgrade later for their sell off. I hate JPM. All IMO of course.
ABK got caught by the day traders. What goes up usually go down. However it will be interesting where ABK ends up. Looks like it's gonna be one hell of a ride for a bit. 8-O
Just switched to Killinger
With the C man on his knees. IMO (LOL)
GO EC
GO SOLOMON
DESTROY SHORTY
Down side .07 UPSIDE PRICELESS! (LOL) Well 25.00 and divi's but I think most of us here will be quite happy with just going up on low volume. Because no one is selling. Well HIGH volume wouldn't be bad either...
CNBC mentioned the "fire sale" and it was quickly moved and sent to commercial. (LOL)
Picked up another 850 B's (LOL) Need to pay taxes before I can get any decent amount.
What I just learned from selling ABK. I sold it on Friday because of fear of what bad news that might come out for the weekend for 1.15-1.16....It is two trading days later and it's worth 2.00 a share more than what I sold it for.
SO...How does this relate to WAMUQ?!? For me I have a good chunk of skin here and I thought about selling some on that run to .70
I didn't and in hindsight I was regretting it a bit because I could have bought back in and gotten even more shares. I'd said I'd been more upset if it kept running, like ABK has. (LOL) The funny thing is as far as risk, I think WAMUQ is a lot less risky than most other stocks. However we have so many players against us that sometimes we look like we're SOL, but far from it.
Had I sold that day and it kept running, I'd be happy for the profit, but feeling this blah I feel now for trying to predict what might happen. I'll find out when I find out and until then...
I've got the DVR set to record all three C-SPAN channels.(LOL)
(LOL) Media controlled by????
Let them BRING IT!!!
Obviously we've gotten under their skin and they NEED TO COVER!
BURN EM!!!
Adding INSULT to injury. Hope we get to do the same to JD and JPM/Chase IMO
.11
29% above our low w/volume of almost a million.
JPM seems to be in court A LOT!
http://finance.yahoo.com/news/Tribune-Co-files-bankruptcy-apf-1804806995.html?x=0&sec=topStories&pos=3&asset=&ccode=
"A separate group of creditors -- junior bondholders represented by Wilmington Trust Co. -- alleged in a lawsuit last month that JPMorgan Chase, Bank of America and other banks that financed the buyout engaged in fraudulent conduct because they knew the debt load would leave Tribune insolvent. Those creditors, which hold $1.2 billion in Tribune bonds that they stand to lose in the case, filed a separate objection Monday."
"The lenders argue that they would be left "holding the bag," while Zell, other current and former Tribune directors and officers, and JPMorgan and the other banks that financed the buyout, would be absolved of any liability and "released for free," without making any payment or consideration to creditors."
If we can take them down, I think it's our DUTY! IMO of course.
GO EC, SOLOMON and WaMuQ
THEY SHOULD BE!!!
We can only lose our investment.
THEY COULD LOSE MUCH MUCH MORE...
Yes but look how many others I've helped!!! (LOL)
The volume is INSANE!!! and makes me think it has legs.
Checked your past posts and good for you getting the single digits. No way was anyone getting mine that low. I was going to wait to .05 to add a lot more, but it looks like I won't have too.
I don't think they'll dilluite until a POP off of some news. If we get the 15,000,000.00 Grant then I'd probably sell on that spike. Then they dillute and it falls and I load up again. (LOL)
Of course I could be wrong and they could do that anyday, but they'll get more money for the company if they wait. IMO
I took my profits Friday. It's doubled since then and had a GREAT RUN. Maybe it will continue. I remember when I had it about a year ago at .75 and bought more at .50 and had no more money when it got around .35....I'd sold my shares around .60 for a small loss and it ran to 1.50+ I was upset for selling, but it ended up back at .75 and I bought 25,000 shares and it wen't to 1.05 but it fell and I took profits at .91. That was just a few months ago before it fell again. This was the reason why I took profits on Friday and to pay taxes. (LOL)
So whatever happens learn from your experiences. I know I have.
Disclosure: I had 20,000 shares between .56-.64 and sold AH between 1.15-1.16 with no regrets because of my past experiences with ABK. I'm not SHORT nor have I ever shorted any stock.
Good luck to all of you EXCEPT SHORTY, unless SHORTY can bring it back down to .75-.50 range. (LOL)
M's are also doing good on the volume. I'd expect if there's good news this week that the M's would run first and then people would rotate to J's after that. So I'd say the volume is people anticipating possible good news before any rotation. IMO
Yes they have an opportunity to not only survive, but thrive. However I've flipped this one so many times that it has become my pattern. They need to generate more cash by dillution and then get upgraded and then write new business. (not in the morgage industry)
Next quarter will have all the Wisconsin changes and if it runs til then, I'd say sell before the news. However if it retraces before then I might buy back in, but at 2.00 I'll just watch and see what happens. Once Cramer and the street change their view of it, I'd run for the hills. They've always been down on ABK and once they PUMP it the PRO's will sell to the new retail investors.
Good job to all the LONGS who held strong. Like Aharfo said, it's too volitile for me. Luckily no delisting now.
Oh yeah and BURN SHORTY BURN (LOL)
Looks like you don't have to wait.
BEASTMODE!!!
Of course if I'd held til today I could have gotten a bit more. I actually had two jobs and I quit my day job to do this stuff and had I not then those profits would have passed me by/buy. It's about 5 months pay from that job and just in time to pay my taxes. (LOL)
I've put the initial investment back to work on a few things I like and I'll take half the profits out to pay the government. The other half of profits I'd like to open a roth IRA and buy more of one of my favorite plays.
CONGRATS!
WOW it looks like I jumped too soon at 1.15 (LOL)
Oh well
The double talk got me excited too. (LOL) And backwards it's WAMUQ has value, a stock swap is coming and cash. (LOL)
Here come the paid players/bashers with a minimal grasp of the English language and even less DD/information to back up thier claims. Welcome to the board.
What other business are owned by JPM?
I'd like to know so that I don't give them any of MY MONEY!