If I paid you, most of you couldn't underperform the sector that badly. This fund owns only the trashiest of the trashy. Its hard to imagine a fund going to zero, but honestly this fund could. Between bankruptcies and nationalizations this fund could literally collapse.
And this is with the market at near 5 year highs, and gold and silver still highly elevated. WHat do you think happens if we get a proper market selloff or correction in gold?
Vanguard should be ashamed of themselves.
interesting...going to follow your lead and close my 1 short contract also....its done got real here.
you miss the entire point -- they pick something that people MUST have, and then they simply corner the market.
They are not gambling, the outcome is certain.
my only point was that the conversation was at least substantive on both sides...typically fearmongering and pumping.
I bought a boatload of ATPG last week at $16 and so i'm obviously in the bull camp. I have quite a lot (on a relative basis), so i've basically decided to sell part at $23 and hold the rest until at least $30. Those two points would represent nearly 50% and 100% gains...
Wow, just wow.
1) I can't believe the amount of responses this generated on a saturday night
2) I am in shock at the level of quality of the responses generated.
really impressed....generally a good crowd here, both pro and con. thanks to everyone for their insights.
What do you folks think is a reasonable near term price target for ATPG? Lets say over the next few weeks, assuming no major broad market meltdown.
i just added
until and unless brent also breaks, or the oil servicers break, im long. this is as close to a sure thing as it gets..
Honestly, im sorry folks if you are stuck long in this tonight. By the time the market opens tomorrow most of the damage will be done. BUT, there will be sustained selling throughout the day, as all the lemmings and myriad sheeple scramble one atop the next, trying to squeeze out an exit that is far too small for such an unruly mass.
Here is what's likely to happen -- in the pre-market tomorrow this stock is going to get murdered. If you're long, you want to wait until the open, there will be a temporary snap-back reaction of a few dollars. YOU WANT TO SEIZE THAT MOMENT! By 9:45 you should be completely out of your position because the remainder of the day will be a bloodbath.
Good day sirs.
well, i told you....down almost $4 from the high and i doubt we will bottom until monday. im still looking for 85 at least.