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I hate to say but I TOLD YOU SO!
Bought this stock late today at 31.52 after seeing where it went all the way to 35 earlier in the day. Got our real quick at a small lost right before closing. Realized I think I made a mistake. I believe this one needs to come back down somewhere around 25-27 range to settle. I believe this is a good stock but will hold out for now for a drop around the numbers mentioned above. jmo
It's been a few days since last post. Saying that I've made some money off mbly but I believe this stock has to come down and I've changed my mind to where I think it's bottom is for now. I believe in the range of 40-44 would be a good bottom. I believe this stock will be a 100 plus stock down the road but probably not for at least a year. I believe it's a will be a solid stock but it's got to wait until more people car companies and investors catch on to what it is. At a lower price I'm good for long on this one. jmo
I got out yesterday at $51.35 with a good profit! This is a great stock but I believe it has been overvalued for a while now. I'm watching this real close and really believe this stock will settle in the near future around 32-35 and then from there it will continue to grow. jmo
Thanks! Yeah charts looking good now!
What do you think about how much it's dropped in the last few days? Why does it open and go up 2-3$ and then closed down 1-3$ ? I'm holding shares but it's really been worrying me over the last few days. Do you have an opinion on what's happening? Thanks!
Yeah I know what you mean. I ended up holding off too. I've made a lot off of f&f but just don't know about it right now. However, LOCO and MBLY has been really paying off. MBLY is a superb stock for sure. GLT
Think I'll get back in about this point. Been out since it was 4.36
MBLY and LOCO is my big bread winners now but might be a good time to get back in fnma. If you don't hold shares of MBLY and LOCO you might want to check them out. jmo GLTY
In 2002 the SEC changed the rules from a 25 day quiet period to a 40 day quiet period for IPO's. That would make it Sept.10 on MBLY.
I think I tried to warn about this puppy dropping on down around 3.70 about 2 weeks ago. Without some real good news it will continue to go down. I've been out for about 2 months and will stay out til something promising is said about f&f. jmo
With this great Q2 report why hasn't this thing went green today? I'm holding shares but can't figure out why it's still sitting 0.10 down today. just wondering!
I wish you luck! I've flipped f&f so many times and sitting about the same on profit from them as I would have if I would have kept them long term. IMO
Don't want to bust your bubble but I don't think you'll test even 4.10 today. Better cashout while you can because tomorrow it'll be back around 3.87 EOD. jmo
I like this stock! Started to buy in 2 days ago but decided to hold back because I honestly believe this stock will come on down to somewhere between $18-$25 range. I would like to get in somewhere in the middle of that range. Might take 2 or 3 more weeks but I believe that's where it's going. Then from there it will start a good climb over long term for a great long term stock. Definitely going to be a great investment long term. jmo
Since everything is going so slow today I hope you guys & gals don't mind me asking a question if someone might be able to enlighten me a little. Last year I had a lot of "wash sales". I've always done my own taxes online for years. I filled out the forms properly according to what was asked about "proceeds, cost basis, and wash sales" from my 1099B from Scottrade. In the end I didn't pay any taxes on my "gains" for the year. The difference between my total wash sales and the disallowed wash sales equaled exactly what my gains (profit) for the year. Can that be possible? I checked with H&R Block a couple of weeks later and showed them my tax filings and asked them about it and they looked it over and said it looked like everything was correct. Any info if someone doesn't mind!
I don't think it can uplist until it's released from conservatorship. jmo
Red!
What do you mean dropped $6.00? I sold yesterday at 4.37, and bought back this morning at 3.75 and sold again at 4.23 and made a lot.
Everyone blown away about the drop. LOL.....it's historical. It always does this. Until this thing is uplisted which could be a long time from now if ever, this is the way this stock works. I'm holding out for the 3.80-3.90's range. It will go there. jmo
This article doesn't really say anything!
True! If some good news would come out it could make a big difference. How long before that is anyone's guess. Meantime I think it's going to creep back down. Still interested in these two stocks but will keep waiting for a lower pps. GLTY
I've been in for 14 months. Yes I've made a huge return on my investment. I'm out right now but will keep close eye on what's going on with f&f. Flipping is where I've made my money. But, I do understand that those who bought a couple of years ago at 0.30 or so and has held then they've made a ton of money also. Not knocking those who don't flip. It's just my strategy with the uncertainty of these 2 stocks. jmo
I've been hearing these spills for over a year now. Some of them from you. Charts etc etc, but seems to keep going down. This is an "OTC" penny stock. Yes, it's somewhat different from other penny stocks but at the end of the day it's still a penny stock. With all the talk of winding down and even now as opposed to a year ago, when earning come out and are very good, it doesn't do much for share prices to climb very much if any at all. Investors are scared of the winddown and are losing confidence that these two are going to be around much longer. There's a lot of people on here with "brains" but everyone with those "brains" don't necessarily agree with you. At any rate, GLTY
where did you come up with that number? more like $2+
That's true, but how long will it hold? But I've seen big buys in the past and it would shoot up a little bit and then fizzle out and start that downward trend for days. jmo
F&F is not going to do anything but decline until it's released from conservatorship, uplisted (which can only happen if it released), or voted on to winddown. Look for these to continue to drop on down below $3.oo in the next 2 weeks. We'll be looking at $2.oo shares in a month. jmo
I'm just concerned that since June of last year RAD has went from 2.62 to current price of 7.36 or even a few days ago to 8.50 in a year without a major reversal. I feel that a major reversal could happen any time. However, I don't believe that reversal will drop any lower than maybe around 5.50 or there about. But, made the drop to 7.02 is the reversal and now it's upward from here. Not knocking RAD because in long term yes I believe it's a great buy. Thanks for your info and GLTA
Still concerned that this will do the same as it did on 6/4 when it closed at $8.50 and then dropped $1.10 the next day. Then all the way to $7.02 yesterday morning. Gap down right off the bat this morning. Still believe there will be a bigger correction than 6/4. Waiting for that big dip! jmo
Thanks for the info! GLTY
Thanks!
Well I hung in there anyway and bought a few more shares but should've bought them a little earlier than I did. All is well though. Thanks to all for your replies! GLTA
What's going on with the bid/ask this morning?
I'll do that rocco2. Thanks, and thanks for not being a jerk about my opinion. I can appreciate your insight.
All I know is that it's still 33 cents below what I sold for and it only had a little short run after earnings report came out. i've been hearing 7-10 dollars by some of you but i have no idea why you think that based on the vote the other day and watt's little speech that looked more neg. than pos. jmo
Hey, I agree 100% with Watt's idea. But, I haven't seen anywhere that he's outright said that. Where did you get this article?
this won't climb much because there's been no positive news out there. news runs this thing one way or the other. jmo
I'm still out of f&f, have been since I sold at 4.65 Will wait for buy somewhere in the 3 dollar range. Might be in the high 3's but definitely in the 3's. Big dip coming soon!! jmo
what proof do you have to make that statement? what has watt said that would make you think he's against winding down f&f?
I've put some post on here in the last 30 minutes about how some of you treated me last night on the board. some of you were downright ugly to me about the opinion I had and why I sold out Tuesday at 4.65 Now I shot off my mouth back at some of you and I shouldn't have done that. I apologize! That's not the kind of person I truly am. I'm sorry if anyone has lost some or all of their money today because of this stupid news. I don't won't to lose money and I don't won't others to lose any either. I hope f&f will not be done away with. Long term I hope that these stocks will be back up to where they were prior to '08. Wish all of you good luck and I'm glad for those that have made good profits for whatever your trading style is. I hope all will recoup any loses that occurred today. GLTA
Hang in there, it will go lower and then it'll creep back up over the next few months. It has been a good cash cow! I will be looking at it real close over the next few days. Might buy back in when it gets on down about 3.70-3.90, we'll see. sure would like to squeeze a little more out of it. jmo