Af, not sure if I should mention this, but I also did something with FBN twice and it made me 8% each time in an hour or less, and that was to sell it short. I just took advantage of the the situation. I thought I was too late for the party, so I felt this was my only course of action to join in on some gains.
I am not sure if you do that too?
I never saw anyone else post anything mentioning doing that, but it is another way to make money.
To me it is like blackjack, which I love by the way also, and have read many books on the subject, as I have read many, many books on stocks.
Why not use every strategy available?
I am not sure if we want to add short selling a stock to
"the 10 commandments of buying and selling stocks" however?
LOL
But it is another option, just not one that may be taken too kindly of on this board?
I do like FBN by the way as a stock to buy. I also tried to do that with ENER the other day and according to Ameritrade it could not be shorted, as there were no shares available to "borrow."
But those situations are very rare for me to want to do that, because I have my watch list and there are always many stocks to buy in any market condition, and most of them are ORION picks.
:-)
I hope you can reply to this publicly, but if not, my e-mail is rayank@aol.com?
I would have did a PM to you, but I cannot as I am restricted with my membership in I-hub.
Ray
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