...then we resume the downward trend back toward the low $teens (where it is still overvalued and overhyped). Hope you bagholders enjoyed your one-day bounce!
>>>I have both but I like Idnx better.The chart on Visg is disturbing.<<<
>>>Dont let me scare you out of your trade.<<<
No offense, but NOBODY scares me out of my trades...I make my own decisions based on many factors...fundamentals/TA/momo (volume)/etc.
>>>They both ran up to the announcement and when they were included in the deal they sold off.The old adage certainly applied.<<<
Buy the rumor, sell the news. You could be right, but I think it will be different in this situation. (If I had only earned $1 everytime I said/heard that).
Check out this report on the IDNX...if you hadn't already seen it. Good luck.
Why can't I just be half a moron? Remember I own Mags long term in my IRA as well. Only feel it is a short term short. So try not to be so testy it makes you look weak in your belief's and only convinces me of mine.
They both could get slammed on the news.I have both but I like Idnx better.The chart on Visg is disturbing.I take profit along the way,they both have already had huge runups.Dont let me scare you out of your trade.Becareful,look at zixi and mdrx they both were waiting on news of a WLP contract.They both ran up to the announcement and when they were included in the deal they sold off.The old adage certainly applied.I am extra cautious in the summertime.
>>>He is right anout Visg and idnx being great trades though.<<<
Do own either of these two...or both? Which do you think has the better potential? One is going to get slammed on US-VISIT news, while the other will rocket...it's possible they both could do well, but I believe the former will happen. I'm hedged on IDNX. Thanks.
He is right anout Visg and idnx being great trades though.I believe he has a good understanding of stocks but he doesnt know how to trade them.His know-it-all-ness will eventually wipe him out though.He can always write a book on how to trade and try to recoup his money.
Actually, a two day bounce. Friday MAGS up 12% and Monday 21%. I bet you can't survive another day like this unless you are just a paid short basher from the hedge companies earning .25 cents/post.