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Merge Healthcare Incorporated Message Board

  • blue_devil_ninetynine blue_devil_ninetynine Dec 6, 2006 3:10 PM Flag

    I'm out...

    After losing a ton of money on this stock, I have finally decided to exit my position. I do believe there isn't much downside at this point, and had earlier decided to stick it out for a year or two, but I changed my mind after asking myself the obvious question: would I buy this stock today if I didn't already own it. The answer to this question was no, so I decided to exit. The good thing for remaining longs is that the market absorbed my 10,500 remaining shares(I originally had 15K) without any decline in price. They all went without any problem. This leads me to believe that someone, possibly the MM, is building a significant position.

    I've initiated positions in RADS, HLX and BOOM. Hopefully they will help me recoup some of the massive losses I've had this year. Good luck to all of you.

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MRGE
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