Maybe you didn't say it in THIS post, but you have said it in the past.
So now, you/Regis have turned again with the tide. Talk about flip-floppers.
You're probably a momentum trader.
Really? Way more buyers than sellers....How does that work? Do they just create more shares out of
thin air for people to buy?
$6? That's all? We went to 6 on pure rumor 2 years ago.
been there, done that. No different than past years pumps.
Every time its the same thing. "Release is imminent!"
Nobody ever went broke taking a profit. I wish I could say I did the same. Looks like we both were
wrong. The pessimism this stock has ingrained in me says they will pull the rug out soon, but when?
So far, just another rumor fueled rally.
Good move. You were right about the last run up and probably nailed it again. Thing is losing steam and ready to re-trace. Twenty cents higher this time but basically the same M.O. The rah rah crowd doesn't want to hear about it. They'd rather sit around dreaming about pie-in-the-sky scenarios and regurgitating ad nauseum the fervent wish that their Guardian Angel will come down and release the GSEs. I'd like to see it happen, too, but I ain't holding my breath. If I wasn't so far under water with this thing, I'd be playing these bumps like you.
What happened to $5 by Friday? Lowered expectations. You got your 1.80. Be happy with that. If this hits $4, I will blow you. Well, maybe just a hug.
Sadly, Carney isn't even needed anymore. This stock has no legs left.
Too many false alarms the past few years. No more rumor runups.
Anything short of release is met with a healthy dose of skepticism.
Ergo, all runups peter out quickly.
There's no political advantage for either party. They're both guilty as hell. Bush and Paulson, Obama and Geithner. Pick your poison. No politician wants to touch this with a 10 foot pole. Only a court decision can save Fannie and we will be dead a long time before that happens.