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Re: PeanutBuddaJamm post# 9870

Sunday, 08/23/2015 7:56:19 PM

Sunday, August 23, 2015 7:56:19 PM

Post# of 19165
The only way to short this now, would be long short puts. Basically, all new shorts, options is there only choice. Only so many shares to go around. I can't agree with you more about this. I got in, had the same mindset long term hold. But not going to sit around watch it go south and average down. Pulled my long at .83 , after being in at .91 pps. Pulled some at .87 also. Got crushed on that. Then jumped in again at .84, sold that at .81, was on vacation in Saratoga Springs NY. Lost a nice amount there. So this baby has beat me silly.
Then really loaded up on last weeks chart hoping for the cross and having 200 and 100 underneath support . But those two gaps down destroyed that whole plan. So I'm holding those, more at .75 and then even more on preferred at 3.73.. Might even load on Athens tmrw once I can here what the cost and terms are, if this has a positive Monday. Cause trends point towards end of month recovery and after that where trading on headlines that's it. Could recover almost all my loses if this thing could get to .87 two weeks ago interday high. Think its possible short term. Appeared to be a good long at first but seems to be a lot more spots that are in tons better position then this to stick with long.

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