InvestorsHub Logo
Followers 12
Posts 672
Boards Moderated 0
Alias Born 07/25/2007

Re: sc1404 post# 499

Wednesday, 05/06/2009 7:24:53 PM

Wednesday, May 06, 2009 7:24:53 PM

Post# of 1194
Right now I'm seeing bid at .57 and ask at .74. In the morning it'll probably .35/7.98 or something absurd like that. It seems to tighten up once trading starts.
Some people sold this one for a quick buck, some are flipping, and some are holding. I'm sure some sold for scant profit or a loss because they have some weird notion that not making 70%+ in a week is somehow a failure.
Myself, I'm not trying to buy the dips and flip this thing when it climbs a bit. I simply don't have the time (or the chart reading ability) to play that game.
Based on the DD I've done I think this will give me a good return once REAL news (not rumor and speculation) comes out again. I could be dead wrong and come crashing down into a stop loss.
I'd rather take the win, but it's always a fun learning experience either way.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.