I must admit it. After trading ARNA, this is it for me because I realize you must be a real crook to survive this kind of game. I original thought it is all fair game just like in casino if you place your bet on the right player and if that player is a winner, you will win your bet but the game on wall street is totally different than at the casino. Manipulation,fraud,steeling, throat cutting, arm twisting, etc.
Now, I know the true power of money. Sadly but it is the true of the dog eat dog world we live in. I hope that there will be some crumb left for small retail investor like me after this aftermath.
Disclaimer: I'm all in on this deal and my last investment on wall street so I will not sell a share unless it goes to near zero if it ever be. I'm not whining nor complaining and rather just voice my opinion of a rookie retail investor.
I agree with longer term possibilities. Day to day trading is owned by the MM's, investment bankers with computer generated trading,etc. What I am hoping for is that when Belviq gets it scheduling done, we should go back to the latest high of 13 at least. Probably higher. But that is what I am waiting for.. Market driven Day trading has an attention span of about 10 seconds.. That is that until the situation changes and Belviq can be sold to customers, Cramer, shorts and MM will rule on the downside. That is just fact. I am all in long, so wish me and all longs well.
Ryan these message boards will drive you crazy if you read them all the time. Escapgirl 1 is right. I too bought apple 17 yrs ago for $9.60 SHR. i never sold! Now I'm up over 6000%. You need to believe only you.
ryan, hang in there dude....if you can hold until January, you will be many folds richer than you are now....days like this if you can find 1 share here and there add it.....it will go up before anyone can realize it.....watch...soon enough...
Sentiment: Strong Buy
Buying and holding is the only way to make $, esp for a rookie. Like a year min. Unless you are an expert at TA and know when to get in and out, you need to have patience. Lots of stocks I have bought went down after only to be up 100's of % later. Ie: Apple was one.
I'm sorry escapegirl, but wildly, insanely off-base.
The intellect required to do expert "TA" analysis (past few years anyway)...could be taught to a Chimpanzee in a couple hours.
And they throw their own pooo at each other...just sayin.
this will rise one daY AFTER THEY WS have covered. kinda wish they would just get it over with. only problem is with any drop it will be met with heavy buying. I cannot see it getting to 6 though. atleast thats what i hope.
Sentiment: Strong Buy
Exactly! you hear about greed all the time. Well in my case it's a kind of reverse greed. Waiting too long to buy on a dip before it actually runs up again. I've found patience and discipline still paramount.