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34thArmor

06/08/12 1:01 PM

#50745 RE: sgunderbarth #50744

My honest opinion, it will take a lot of interest and buying to shove us over. 047 again. Right now we are in the low 4s and will probably be finding equilibrium in the .415-.445 range for now. I believe we will test .04 and .039 today or monday. Had i unloaded half my position yesterday before markets closed i would have had $110,000 to buy these 4s with. Basically i think i should have taken advantage of the pps uptick to .055 and taken profits off the table. I think we are stuck in low 4s until a PR comes out.