Well, folks holding it over the weekend are in for whatever it shows at the bell Monday. I'll just be lookin for an entry. Way too early still for me to guess what this baby will open at tomorrow morning. Still about 10.5 hours of news that could hit before then so nobody knows what the news will be right before the bell tomorrow. Could be another federal court filing, or a number of federal court filings, that could hit before the bell in the morning. Lehman's may drop a killer PR that could be killer one way or the other. Chart says it has a good chance to roll tomorrow morning, but it's pretty hard to trust a chart on this play right now as the trader sentiment, as well as the news, can have such volatile changes on the market right now.
I DO think this is a superb flippin stock right now, but the volatility that makes it superb also can catch you with your pants down, even flipping it, if you don't have your finger on the trigger at all times.
I think it flips VERY well for quite some time into the future, but I won't be holding it overnight. Just my thoughts on it, and not saying they're right, but still my thoughts on it.
Best of luck to you in trading!
JJ
Posted by: Scheid27 Date: Sunday, September 21, 2008 11:30:48 PM
In reply to: JJSeabrook who wrote msg# 2002 Post # of 2009
You are definitely right about that one. It scares me because I don't want to get caught with it and I think it is due to drop from Fridays price. I am watching one to get back into to flip again also. GL JJ
News 
Market Data 
Discover 
