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Re: markLT post# 132168

Saturday, 01/02/2010 8:17:26 PM

Saturday, January 02, 2010 8:17:26 PM

Post# of 729583
I think you're quite seasoned for a rookie...I've been active since Summer 2008 and I'd say you know more about stuff overall than me. However we just have differing strageties.
I honestly thought we'd be under .05 by this time and I'm prepared to buy millions of shares if that became/becomes reality. There seems to be an underlying strength in this stock that has made flipping no longer a possibility for me. I keep buying "extra" to flip to get my current position "free" but my HOARDING mentality has me hold and want even more. (LOL) It's amazing what the SUBCONSCIOUS mind will do. The ENERGY has already been set in motion and I can either "resist" what I feel, or "GO WITH THE FLOW." :)

As far as it being .02 last year and over .10 now is because too many LONGS have entered the fray. I had both LEH and WM before they Q'ed and each time they ran they'd fall back to a higher PPS. It's because there are less "flippers" and more longs/holders. WAMUQ was always 2-4 cents less tahn LEHMQ until the last run...
Now we're about 50% higher and there is a reason. Both have higher PPS after each run and it's up to 'flippers' to figure out the next PPS bottom/top. Luckily for LONGS, it just gives more chances to add to our positions before it's all over...
Win or lose, I seriously doubt anybody in this will forget what has happened here...
One day we'll either regret selling a single share, or be happy we made some money and got out before being wiped out...Only time will tell. :)
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