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It was a high volume day, not sure of the # of sales. Today was the worst day since the new lows. I agree with you, if people are worried they should sell and move on. I'm holding and waiting myself, this could get bad if the major holders start selling off, but it could be a good play aswell.
I'm loaded up on this. I dont have any worries. The damage is done and earnings will tell the story. The loss of 50% of the RAL refunds is a hit but nowhere near what most claim it is and the sell off was a over reaction to previous news back in December. I say the remaining debt gets reworked and life goes on. I agree it will be a slow process but the fear is gone.
My guess is the debt holders would have a good incentive to work with them. If they filed BK what assests do they have that would be worth liquidating? Dont seem to be a good plan.
Your knowledge is impressive. I've read in the near future RALs will be phased out, so how do you feel these companies will fill the gap from the declining revenue? JTX has done my taxes for years and I dont normally get refunds, so long term how do you feel about JTX? THANKS. Looks like its trying to climb back up with low volume.
I guess the main concern is if we see the institutions start to sell off. Might be a slim chance they get the RALs financed before tax season peaks although time is running out. Its just hard to imagine they arent trying every angle possible. Its possible todays market slide started shaking out some of the shareholders. I noticed yesterday when it hit 2.77 it bounced back pretty quick as my market order hit at 2.80- and closed at 2.94 so it appears someone is buying it up and we didnt see the volume we did yesterday. Thats just my opinion, THANKS
I just got home from work and checked out my account. Looks like we hit a new low today, I will hold and ride it out as it dont look like the big players have started to sell off. Hoping they get the additional RAL funding, just dont seem like a company this established will stay down forever. This is basement prices for those willing to ride the storm out. Just my opinion.
You dont think it will bounce back up? I got some at 2.80 and was planning on holding a few weeks thinking it will see the 4.00 s again.
And back out at 2.80, waiting for another dip.
Now is a good time to play this one. The news spooked a lot of people out today and its trying to climb its way out of the hole.
In today at 2.52. Earnings due in a couple weeks hopefully it will impress the market. Time will tell.
Now I'm only down 90%. I started to average down but tied up my money in another stock. Still watching though.
Its getting some nibbles for sure. Your probably in cheaper than me so I hope you get out with all your cash. I hate to sell at that much of a loss so still watching with fingers crossed.
Got a little action today.Something is up. Can I get my nickel back?
Its a CEF- closed end fund. alpinewoods.com is their site. Its now a little over the nav, but most dont seem to mind.
I got .05 in it for about a grand. Tempted to buy at the new lows but wondering if anybody has a heads up. Somebody is buying it up, just wondreing if a PR might be coming out soon. Just a guess and NOT trying to pump it. THANKS.
I've held this in my retirement account since the 6s, this has a nice monthly payouy of .12- as the recovery progresses I believe this will do even better.
Looking for input. It just hit a new low, is bouncing with decent volume. Is someone building up shares? Wondering if they plan a PR like the last time it set new lows? Not sure whats going on-thoughts anyone? THANKS.
I'm a bagholder myself. Just feel something is up.
It bounced of the new low, somebody is buying. The last time it hit new lows right before the PR the volume started hitting. Just saying.
Looking good. Everything will fall in place. Be patient I believe this is fixing to run hard.
I've been watching it myself, I thought yesterdat might bring it down but it held nicely. I'm holding because it has lots of upside potential. A lot of bargains out there.
I dont know about you fellows but I'm holding. To much potential to sell this early. RALs are very profitable short term and have little risk. Look at the major holders I dont see them dumping it.
Out at .25 for a decent gain..
I'm in at 3.44, might see it dip a little more but this will go up huge when the volune buyers get back in the saddle. I've been hunting bargains and sitting on them.
I'm looking to buy in. A good PR will bring it back up, looking at it the last time it set a new low in the 00s it jumped up to the 10s. Might be a good lotto.
I'm not sweating it, kinda amazed how its holding up. I believe we will be very happy soon. RALs are very profitable short term, JTX is well established and second only to H&R- turbo tax is pulling from both though.. Glad to see the upgrade, just a matter of time.
I find it hard to believe they will not find funding. I'm all in and awaiting the news. It had some AH bites, so others are interested also.
That really doesnt have much bearing though, merely what they anticipate it to be. The current value is .10 per share with the attached debt. Its been a good trade lately but I wouldnt want to get stuck holding. You can always re-enter at a better PPS. 1.08 is trying to hold, but when the traders walk away I bet it drops again..
I keep a watch on it. Looks like theres lots of buying at these levels, so maybe we will see some action.
Its a gamble but I believe its a good play. Seems to be holding up fairly well considering the debt, the C.O. resigning and the market nosediving today. Still chipping with FNM, its fading down to little gains but Monday I will be in something.
Not enough to shake the sellers. JMO, this might be the bottom. I've seen a lot worse in these times.
Any ideas about this. Been watching for entry but it keeps dropping. Real close to 52 week low, wondering if now is the time for a bounce?
Good deal!! I bought in and held way to long. Anybody know whats going on with it? Seems to be headed lower. Lot of volume lately.
I sold yesterday at 1.13. I just daytrade for now until I recover some losses. A small profit but it adds up. I wasnt home today and couldnt trade.Glad its running for yall though.
I got a grand tied up at .05... Looks like its fixing to hit .003 again.
Thanks for the responses, I get kinda leery having lost most of my funds playing with losing stocks.. My gut feeling is it will do fine but its nice to hear input from others,,
I'm fairly new to trading and have got smoked trading pink/otc. I went all in FNM at 1.08, it seems to be holding up. Wondering if I should hold or trade it? I cant see them folding but it sure has run recently, looking for opinions. THANKS.