Couldn't you tell that the phrase "mark my word" means everything in investing. When people say that we don't need sources at all. You just go to the bank, withdraw all our money and buy the stock. It's that easy. When they give you a dollar amount too, WOW, what a gift. If I could get 1 million shares, by mid 2014 I would have 40 Million $$. The man said that so he must be right. Wow what a loser to agree with himself.
I got out a week ago and regret it now but I would be selling this stock at these levels. Look for at least a 20% pullback in the coming week.
If you don't like my comments than don't respond. Besides, your act is getting old. I can't tell if your 12 or 13 which is it peetey? Did you get your homework done yet?
We need to close back above $11.20 to get above the bottom channel line that was crushed when the government did their little dog and pony show a few weeks ago.
Great response. Hope you didn't spend to much time on it. Okay, delete the ?? There is that better??
Low volume and high PPS increase in Pre market is a recipe for a sell off. I've seen this before and actually I think someone just mentioned this on the MB a few days ago. Let's hope we can survive market downturn this week.
See by your own admission, gaps do get filled which means stock retrace after hitting new highs. That's why I trade the way I do. If you have a long mentality you reap the benefits of the new highs but you need to sell into them so you can also reap the benefits of the downward moves to fill in the gaps created by the upward momentum in the first place. That's where I get my new shares from. I pocket the profit from the move up, stash the cash and buy back in at the previous levels when the euphoria dies down. I get my shares back and some cash to play with as well. You should give it a try. It's more scientific than hoping for a buyout or waiting for something else to happen. JMO
The gains you had when the PPS was at $11.90 are now gone based on current PPS. Now matter how you look at it you're done from where you were. That's what I am talking about. I trade based on ranges not on future this or that. The ranges are more realistic measures of stock movement once they get established as a trend.
Why is everyone so focused on a BO with every stock? That happens one out of every dozen or more opportunities. You will grow old waiting for that to happen on every stock. If it happened great, if not, no biggie. While you are waiting I am accumulating more shares for free between catalysts. When an official BO offer is publically made, then I will worry about it! If it's such a good deal right now as people want to believe, why hasn't BP taken the chance on acquiring it now and risk the approval to buy at a much lower price?? Can you answer that??
As long as you make profit and buy back in lower than when you sold, that's the bottom line. If the stock does not drop back to where I want to buy back in, I move on to another opportunity.
I am not short! I just explained that to you above. I play the game to accumulate more shares for free instead of investing more capital each week like some people on this board. I don't care about missing an announcement because it always corrects at some point. That's how the MM make their money. Making sure their is movement in BOTH directions at ALL times. Don't care about the tax implications of buying/selling. Just using the swings in the market to get what I want. If that's being short, oh well, that's your issue to deal with not mine.