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Hey Panic! Thanks for suggesting this room. I made it a favorite. At least here everone is on the same team!! A much more pleasant atmosphere I must say LOL.
Especially when we watch the MM's lower the bid and ask as buys continue to come in.
Of course I don't have a position in any of the manipulative FLD plays.
What about you, Hollen?
If you don't have a postion why do you take the time to post on these boards at all hours of the day and night? It seems like the information that comes up on Google when your name is searched may have some relavence.
Based on what I am seeing with G I think CDIV will be just fine
If so it was a silly move. All of the FLD plays that were effected negatively are going to bounce up. Trying to chase one of them is a losing proposition.
Now we just need the same kind of effort over on the G stock. That ask has been begging to be hit all day!
Yeah where are the naysayers now? LOLZZZ
And that is exactly my school of thought. Is it fun seeing red. No. Do I think we will be rewarded? YES!
It's the shorts who are in the pickle and they know it. That is why you are here.
Don't you mean buy to cover? LOL
Exactly. They can dish it out but they can't take it!
Oh I have been getting a kick out of that all day! It is a known fact that these people are with a Canook hedge fund and they have an agenda that doesn't have the share holders best interest in mind. THESE are the crooks and the truth will come out in the end.
The answer to your question about why this will bounce is that
1. lots of people will see these cheap shares as an opportunity
2. The shorts are still very short and will probably use theselow prices as a way to inexpensively cover.
All my opinion of course
Interesting but I had heard he was getting a jet rating. He wouldn't use a Cirrus SR22 for that if this is true.
IMHO you only lost if you sold.
I have given this a lot of thought after being in these plays for a year plus now.
This is my opinion of course but I think what happened on E was a mistake and poor planning, not a scam. It is common on the market to see stocks in one entire sector get effected when another in their sector takes a big hit. This is very much what we are seeing in CDIV. Things will stabilize, people will see this as a bargain and this will bounce quickly into the teens. The bashers are having a ball but in fact IMHO they are the scammers. CDIV will be just fine in time. I'm hanging on and thinking seriously about buying more so when this does hit the teens I will be in very nice shape.
Wow it's all A-BOOT the Canandian bashers here today. LOL
Look around they are on the various boards. Cowboy is on CDIV right now.
I know what you mean. When I have days like today I get so mad at myself. I just seemed to have bad timing. I was in the right ETF on every trade but my timing was off and everytime I bailed thinking it wasn't going to get better the damn thing would shoot up 2 minutes later. Between the FLD's having my account in the toilet and my luck on the F's I almost kicked a hole in the wall in my office I was so frustrated.
I'm jealous. I had a rough one today. Nothing wanted to go my way.
Hope not!
You can tell that just by the nature of the posts! Why else would these two or three guys spend all of their time posting about how this is a scam? They aren't spending all this time because they don't have an agenda!!!
Nice job
Now we just need lots of buys!
Strange one today. The dow is down big but the Russell 2000 is up. The F's seem to be following the dow since FAZ is obviously the favored ETF.
But based on what I see everyday in level 2 it doesn't look like anybody is doing that! This is why we are where we are IMO.
I'm with you sideshow. I figured that since so many of the trades in the F's seem to be computer trades it wouldn't matter that today was a Holiday but that turned out not to be the case. What a boring day!
Yeah it was a very flat day. I managed to squeeze out $120 but I didn't dare risk my little profit by messing around after that. Just too flat.
Lame for everyone
I'd like to see some real buying. Maybe see that .21 on the ask getting taken out. We need to get this going in the right direction again.
I'm betting on it! I loaded up earlier figuring It is a good time to lower my average cost.
I'd love to see this close above .25 today!
Just bought more at .19 in an effort to support the bid but somebody is dumping shares so it was for not. Eventually whoever the weak hand is will be out of shares and hopefully we will head North again.
It is painfully obvious that the team hasn't been here that is for sure. Getting sick looking at my account. Everything I pull out of the F's is getting eaten up by losses on this and the G stock. I have no choice at this point but to wait until the team comes back around.
Be nice to get into the .30's but everytime .30's are up the buying stops. We need to put the kind of money into this that has been going into the E stock if we want to see this move. It is going to take a real concentrated group effort IMO.
I'm real gunshy on the F's today. FAS has been outside the upper bollie on the 15 min chart all morning but isn't showing signs of retracing. I am staying out until this starts to make more sense.
Yes same % but FAZ seems to hit my goal faster so I can jump out with my profit and concentrate on something else for the rest of the day.
I prefer FAZ runs right now too. More bang for the buck!
Usually, and it isn't a rule, when one of them is down a lot like this and then flat for a while the other ETF seems to make a comeback around 3:00. Also FAZ is getting into overbought territory. We'll see. I am not making any moves until the chart tells me to do so.
I think we will see FAS start to fly around 3:00 but we'll see.