Temporary relief that it isn't going to zero by next Friday. Still down 20%+ for my kids college accounts in 2 weeks. Could use some more bounce though. C'mon
Leon! I've still got the faith you haven't gone "sleazy Wall Street" on us. Best of luck to all longs.
Down 50% in two weeks. $3, my friend? I wish. It's almost at $2. I'm ready to contact a local catholic church official to get an exorcism for Leon Cooperman.
And I bought it at $3.90. Can't believe that Leon Cooperman could be so wrong. Every day it's sold down as if bankruptcy is imminent. I've been buying stocks since 1974 and I've never seen anything like it. What is going on that everyone knows but the average retail investor....and Leon?
It seems out of character for Leon to be extolling the near infallibility of ATLS to retail investors like us while simultaneously holding a short position. Maybe his buying has nothing to do with his outlook, despite his news appearances, and he is just covering a short as it crumbles. God I would be terribly disappointed if that's the case. I could use an update from Mr. Cooperman on his ATLS calculations right about now.
Feeling pretty stupid right about now. Thought that Cooperman would have figured out the E & P thing by now and was buying at $4.37 out of wisdom. Maybe not. They are puking this thing up everywhere. Guess my kids will be going to a community college.
Bought a very small position yesterday at $3.90, (in my kids accounts no less) only because Leon has been touting this stock in all his interviews. I would place money on his acumen over any of us BUT hope his long, (and getting longer) position isn't due to some esoteric derivative scheme that leads to ATLS going to zip. That's the unknown that keeps me from loading up. Leon Cooperman is a brilliant guy and you just don't suddenly lose it. Especially when you have others at Omega probably far smarter than he that have his back and their own wallets as a priority. Lets hope this is just a vanilla long position and not some crazy financial scheme that ends up in tears for us. Good luck out there.