That wouldn't have been you moving 22.5% of your morning position @.25 a bit later for a 47% swing, after a few prayers, would it? Or maybe losing for 25%?
Just foolin' with ya, Gents.
Got a feeling we're gonna be seeing some traders stepping in. ScottTrade advertising on E*Trade per EGC's "technicals", with..."Trading within Bolinger Bands...slight bullish sentiment, etc."
Just to be clear, I don't disagree that the stock could jump a great deal; stock prices often have nothing to do with what a company's fair value is. My only point is that the company most likely has a fair value of zero, and that you won't want to be left holding it when selling is no longer possible.
What I do think is crazy is assuming the company will have any significant value for shareholders when all is said and done. In the meantime, it's Vegas - 100% crap shoot.
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