It was his job to "protect" us from buying MGM at $9!
Best call of 2012...AHAHAHAHAHA
He got hammered for not knowing how to read. Kids, go back to school.
Sentiment: Strong Buy
Old post to pull up and I see who did it... The idiot that has been losing money for a long time!
Toomuch you are so full of it! You keep coming around trying to defend yourself so we all know you are still short and have been short for quite some time it appears. You just said to me last week you have no position but you can't stop posting....
What happened was I covered all at 11.30 a couple weeks ago. All told, from Dec 2010 through then I made $173,000 on what #$%$ going to be a 3,000 share short from 12.80 down to $8, something that I expected to take about 1-3 months. I shorted as high as 16.50 and covered as low as $8 and made many trades along the way. 1200+, in fact. I just picked up a house for $260,000, the house sold for $410,000 in 2006. I wouldn't touch the stock market here and I only bought a house because it's way cheaper to own than to rent. It will probably be a wash though, over the next few years housing will get smacked again once taxes rise and economy stalls. I can't bet on that, though. If I'm wrong I win, if I'm right I still got a free house. Remember, I sold in early 2009 when Chicago was just starting its price plummet. And optionguy had Mgm at $17 almost 2 years ago and failed to sell. What a waste of time.
Happy New Year, see ya never. I might pop in if anything exciting happens either way.
Sentiment: Strong Buy
Here you go, you latecomers who think I have a position. You can see that optionguy has been holding long and giving bad advice for two years while I shorted all substantial pops in this troubled company. I have no opinion right now other than beware of this crazy unprofitable company. I wouldn't buy it but I wouldn't blindly sell it either.
I got out just in time before your big run there, huh? Optionguy still holding long since $17 in the afterhours of Jan or feb 2011, don't trust him. He even had a hold at $11 when he said buy the whole way down. As soon is he said hold, if you woulda bought you'd be up about 18 percent at $13. He always wrong.