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Re: lodas post# 565411

Friday, 03/22/2019 4:51:27 PM

Friday, March 22, 2019 4:51:27 PM

Post# of 734604
It's all about filling this HUGE GAP from $9.58 to $14 after the merger announcement WMIH <---> NSM from February 2018 now, when it was still WMIH IMO

It is like a huge black hole...

Todays low @ $9.92 was only $0.34 away from $9.58 (see chart)

IMO there must sit many buy orders, and the MMs see them. I am sure they will close this gap finally on Monday with huge volume or at least the next week

Some gaps never get filled (I thought this is such a gap called break-away gap), but most do!



I AM LONG COOP, NO INVESTMENT ADVICE!

raise your hand if you bought today.........raise your hand if you sold today?........I bought today at 10.09...I held my nose and jumped in with margin money....now, why?.... I have seen this movie many times in my investing career, and it always ends the same.... big guys clubbing small guys at the bottom with paid shills to downgrade companies so short sellers, or good news about a company event, can get cheap assets...remember, these rating agencies had plenty of time since the merger to do their dirty work....they are self serving, and to others with these downgrades..... and they always occur at the bottom of the price range, never at the top, where they could serve mom and pop... only at the bottom to drive mom and pop from their assets....so, where do we go from here?.... up of course....short positions probably have been satisfied, MM larders are full of cheap long shares...and the cycle starts again with good news scheduled to hit soon...and the perpetrators who caused this selloff... well, they will just melt in the background when the share price starts to rise again....Lodas



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- Just my personal opinion, no investment advice! -
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