I warned you all that this isnt a Canadian oil company and that all the warning signs were there...You said I was a fool for shorting...Well guess who the fool is?
One of the nice things about a board such as this is that we can see all kinds of opinions....both pro and con.
But....do you have to be such an asshole?
If you are trying to enhance your (obviously) short position, that is one thing. Calling people that differ with you a fool only makes you look nasty.
I'm sure your 'momma told you to be nice to people. Weren't you listening?
Just my thoughts....
yesterday was a wonderful day to play the excess in panic...i shorted 19 and covered some down ay 16.25 on island...then bought the stock when it reopened...off to the next one...short term play is over...this pig is dead!
Nice call, ace. you can remove that size 12 out of your pie hole anytime now.
still arrogant, still fat, still taking your cake.
so what else are you "warning" on so I can get a easy buck.
People that invest for ego gratification like that fellow are in more trouble than they think. Stocks are not an argument after all. They're just vehicles to use for managing one's money. Oh well. Let him press his short here. Who really cares?
Looks up to me. Nothing arrogant about it. Just looking at some nunmbers and lines on charts. Whatever...
Today's low was 19.3, and this relief selling pressure here can't seem to get it anywhere close to that yet. Starting to look like intraday support is right around here. Could be a place to try more long shares again. Yep - @ 19.71, I'm in with defined risk.
Unfortunately I was away from the computer when the news hit the fan. Could have made a quick increase in my position.
I am glad I did not have a stop loss order in because this transient won't last long. Most panic sellers won't have time to get back in before the correction.
I am betting there will be a small reserve of about $10 MM for this lawsuit to-be. About $0.14 per share exposure here.
Guess I will go for a ride for a few days, and read about Central Asian political history. It is fascinating.
Regards to the longs,