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Elan Corporation, plc Message Board

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  • afn09436 afn09436 May 11, 2005 8:42 PM Flag

    i can see a little pullback tomorrow

    Well said bro. You know, I gotta tell you, I really didn't even notice the dude's post...just flew right by it...until this eric guy replied. What's funny, it was him saying that he bought all those shares, not the idiot part, that caught my eye. That is a hefty load-o-stock...WOW! So I went back & read the dude's post [now I'm curious I guess] & this is all he said:

    ................................

    >>>i can see a little pullback tomorrow

    for the flippers & scalpers to take a lil profit, then a resumption up
    '
    '
    i might add more on that pullback<<<

    .............................................

    That's it! That's all he said! Another poster now calls him a 'scary short', then he gets called an idiot. WTF?

    Now, I am going to weigh in. Right up front, I am going to tell you that I am NOT a long suffering long, but I truly hope that those who DO have shares bought at high prices get whole again. This stock got my attention after the second big gap down. I am long ELN, having bought @3.51 & have added 3 times on the way up, including my last buy @6.69. I certainly hope for this momentum to continue.

    2 points:

    1] YOU CAN BET YOUR SWEET ASSES that there are pumpers working hard here to keep the momentum going. From its low, this stock is now a doubler+ with great volume & a great buzz. This has nothing to do with Elan or its products. It is how the game is played. Others here, like me, that are not in on the pump, have seen this over & over, and know this to be true. If you are enjoying the ride, you don't really care. When the run is over [and don't get me wrong, I don't think it IS over yet], the last buyers in, will be left, as they say, holding the bag. IF THERE IS ANYONE HERE THAT DOESN'T KNOW THIS, YOU'D BETTER WISE UP FAST and be prepared with a good trading strategy so you don't get hurt. These folks, with all their supportive comments, and optimism and rah rah, AND BS, will be long gone & on to the next pump.

    2] The dude mentioned scalpers. I would AGREE that for weeks now, this has been an IDEAL CANDIDATE FOR SCALPING. There is no way to absolutely know from raw data/time & sales, but all the ingredients are here, mainly GREAT LIQUIDITY [daily volume], and just enough volatility to create the daily price movement. I would say that without doubt there is scalping going on here every day. Nothing wrong with it...just another trading style...and I think it goes on too, probably tomorrow, but that doesn't make me a short either.

    3] IT IS NOT THIS EASY! Hopefully I am preaching to the choir...

    ......................

    Boo, hiss, I know, I know...bring it on boys! Just don't start believing your own BS.

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    • glad someone finally saying it

      i got caught up in this before with another stock, but i turned out to be the bagholder (one of them anyway)

      all those posters that seemed to know about the company, & had nothing but great things to say, just suddenly stopped posting; by then the price was tanking of course

      i think they learn just about enuf to sound believable & the rest could come right from a script

      anyhow, thx, i have been burned b4 so i am being careful here

    • I'm sorry I don't agree with your statement. Do yu really think this board caused ELN to double over the past few days??? Ha, you have no clue how institutions drive this stock.

      -----------------------------------

      Subj: Re: i can see a little pullback tomorro
      By: afn09436
      Date: 05/11/05 08:42 pm

      ] YOU CAN BET YOUR SWEET ASSES that there are pumpers working hard here to keep the momentum going. From its low, this stock is now a doubler+ with great volume & a great buzz. This has nothing to do with Elan or its products. It is how the game is played.

 

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