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Re: Wizard of Wall Street post# 3123

Tuesday, 03/18/2014 6:40:39 PM

Tuesday, March 18, 2014 6:40:39 PM

Post# of 32851
there is a significant possibility that Abattis will not correct until much higher levels. it is very difficult to time a correction, for this reason i would not risk a big % of my holdings on trying to guess a correction here... at one point in the early stages of this run i tried to do that with a small portion (maybe around 10%) of my position and was quickly forced to buy back in... thankfully, i did so within an hour when i recognized that i was wrong. no doubt in my mind this is happening every day to other traders on ATT and ATTBF. there is a real possibility that with this extremely low float and heavy-weight potential of Abattis that this can run much, much higher without correction imo

all my posts are my opinion only.