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Meshkati has been bullish for along time and was bullish at highs and lows. Most bulls tend to always find a silver lining in a stock at all time lows. It’s human nature
Same posters telling us wmih/coop was a screaming buy at 13 down to 8 are now saying this is the buy of a lifetime and yet people still value the advice. Many on here have been coming up with all sorts of reasons and theories as to why the price has hit lows after lows. Who knows, this could end up being the low or it may not. Have a plan. If your thesis is wrong the market will tell you, have a stop in mind when you enter a stock. Mines 8% loss.
Never trust a message board is my response and advice to folks on here who come here searching for answers to why they’re sitting on losses. Most want confirmation that it’ll come back, looking for hope. Truth is many say they’re buying every minute dip and give the impression they own thousands and thousands of shares when in reality it’s more than likely a stretch and that goes for posters saying they’re short too. My advice, learn to read a chart. 30 wk moving avg. rising up and price above it, hold. Below it and below the next support. Sell. If 30 wk is downtrending, avoid.
Loads, @ 12 you said thanks for cheap shares. @ 11 it was manipulation, thanks for the cheapies. @ 10 it was a gift. @ 9 it was a no brainer. Now we’ll never see these prices again. I said look for lows to be tested. Many, most on this board were flat out wrong, misguided and confused. I remember it was, wait until merger, than wait till merger is official, ever since it’s been down.
Bear flagging. Means lower price coming. Look for all time lows
Most are proven what I said yesterday.
Stock trading 101. When a stock fails to do what you want it’s manipulation. No one says they made a mistake, cut losses at 7% and move to another stock
This is why I been saying. Pay attention to technicals in the chart instead of opinions on a message boards. There’s been posters saying they been buying every low, many have no clue on company fundamentals and those who are confused come here to confirm there bullish view while the stock crashes.
I’m waiting for next RS to get in
When is the dividend date?
Rule 1. Use stops. Rule 2. Don’t take advice on message boards
Can’t even bounce
The funds! The funds are smarter than us! That was always the quote on here
Weird. Hit 10.80 and bounced. That was my support line. It’s why I follow TA and not opinions
10.68 support. Watch this level, it’s no secret coop is oversold , it could bounce to 12.75 area before headed back down to 10.83. If 10.83 fails it’s going to all time lows where the same posters will say, we’re getting a bargain do to manipulation!!!!!!
Same posters telling you to buy at $21 all the way down to $11.07 are coming up with old wall stmyths to make themselves feel better about holding onto a losing position. Lots of posters posting a bunch of confusing mumbo jumbo to again convince themselves to hold. Hey, it’s your money
Let me guess. Manipulation and or the mm “ walking it down”.
A wise man always told me.... fortune favors the bold!!!! Go wmih/coop
What did I miss here? Where did cowboy go?
Who’s they. This is a amateur myth. Been shakin the tree since merger
No worries. Just tax loss selling. Jan 1 this will sky rocket. Seems like a few months ago most on this board said as soon as the merger deal date hits it was going a lot higher. Seems like not many on here have a grasp on what is really happening
Cheer up guys, imagine if you were a nation star holder, you lost 45%
October 10 split price $17. Today’s price 11.89. What’s that, about a 35% loss since reverse split. Wmih level is now under a $1. I know most say thank you for cheap shares. Those who bought cheap shares at 3 now need coop in the $30s to break even!!!!!!
In other words, were holding big paper losses and it’s not a loss unless you sell. Read this same quote on a GE message board a few months ago when it was at 17 bucks, of course the poster said at least we got a big divy to sit on!!!!! Best loss is a small loss, most are sitting on big losses here and are finding every excuse on a message board to feel better about their loss.
Back to 1.00 in wmih terms. I know I know, wait till we get the court date, or fund ownership reports, down 35% since reverse split.
Coop/wmih down = manipulation. Those who follow this board have read every excuse know to man as to why this never trends uo
Fortune favors the bold!! I think Homer Simpson said that!!!!
Same ole confusion and posters trying to find excuses as to why the ole wmih still acting like wmih. Goes to show you a new symbol and trying to trick some new investors into thinking a 14 price looks better than 1.05 isn’t working!!!!!!!
Sitting on big losses hoping go get back to even. If investors would just learn how to take a small loss and be wrong small instead of buying at 1.60 and now holding a 60% paper loss.
Don’t forget to add, most are under water including the smart funds. So add a loss, isn’t a loss as long as you don’t sell. We’re on a big conspiracy theory that someone wants your shares
Hate to say I told you so. But I said it.
Same ole same ole. Excuses and confusion
Never take advice from a message board. Lots of confused posters wondering why and how wmih still @ 1.30. Many are the same ones who said, wait till merger. Than. Wait till merger complete. Some still talking escrows. Why? I have no idea
Lol. Who’s “they” it’s like you really believe someone or a magic force is “holding “ a share price down. Sorry. I don’t buy it. And as some say. Never believe anything you read on a message board
Never seen a stock cheerleaded on a message board as much as wmih. Same posters talking escrow , same posters saying manipulation, same posters like me have zero clue what is happening, remember when something is this confusing, what’s the ole wall st adage? Wall st hates uncertainty
Accumulation line. I remember when fwhzeeke3426 used to mention this when stock was trading in the 2.00s. He said don’t pay attention to price, as long as accumilation line is headed up it means funds buying.
141 institutions! Most are sitting on hefty loses. Last month we were cheerleading the reverse split because institutions can’t buy sub $5 stocks but yet 141 managed to buy? Always a excuse
So what happened to the 2.17 right after the merger is official? Now I’m reading don’t take advice from message boards and don’t invest what you can’t lose posts?
No one sold?
If most were honest I would really love to know how many on here really thought wmih would be 1.40 after the merger. I know for a fact a handful on here were saying 2.17 a week after merger. I know manipulation is the cause so no need to explain