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Re: MNYC post# 7642

Sunday, 07/17/2011 11:01:39 AM

Sunday, July 17, 2011 11:01:39 AM

Post# of 14551
Well I don't think it is that large compared to what TSTRQ will come out of BK with. We also appear to be discussing the AS number here and not the float. I already explained my take on why it pulled back. Stocks always pull back from profit takers. The DISH news was perfect op to take that profit too. You also know what that can do to nervous holders.

As for your CDO* I don't know much about what kind of pump it was. As with all newsletter pumps there were shares being sold into the run. That is why ot took massive volume to get there.

I agree with the first things first step by step approach. You however are not going to stop the dollar land speculation types. IMO it does have that potential and more but YES many things have to happen first.

I do think this is bottom here and we move up. How far and fast I really don't care at the moment. Still if anyone is interested in this trade no better time then the moment to get aboard.

First things first.

Bud

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