The sole reason anyone invests in the stock market is to make profits. This is the greatest buying opportunity in years and some of us aren't just going to sit still and let it pass us by because all of our money is tied up in long term investments.
You all need to realize that at these levels this is a TRADING stock NOT an INVESTING stock. Don't fight the trend. If you hold past the top, you need to sell and wait for the next buy cycle. Someday this will stabilize and become investable but we are not there yet. IMO.
This is a horrible long term stock right now and the only way you make money is buying dips and selling into a rally. My profits go into solid dividend paying stocks.
Playing this stock has absolutely nothing to do with the quality of this company other than knowing that this is a low risk short or long term play.
I took a $50k profit on a $34k investment yesterday. The money from that transaction will be available in my account early next week and then I'll go shopping once again hoping to buy another 10k shares to sit on through the 1st qtr reports. I hope Lewis announces great earnings along with a partial repayment of TARP funds. If that happens then it may be time to hold the shares long term.
Stop your whining. You'll be rewarded for your long term investment in the next couple of years. I'm not willing to wait that long.