I see you are long.........sorry. anyway I have no problem shorting but these guys have more on the ball when they were 3, I was thinking why they'd they throw the baby out with the water. You seen what happened. Have been collecting Divs for years. 3s were a gift. Now is that a cup and handle im seeing?? Shorts the best you can hope for is 6 when there's some resistance...after that I think you made an unwise bet. But then Im on the right side of the trade.
If you don't you might want to goggle that.....sound familiar? Who are they kidding?? Do you think someone that is in compliance would let their stock not trade for 2 weeks or is it a month now.....I feel bad for you guy's. expect the worst and everything else above is gravy. We have all been there. Heck I have 3 spinoffs from a company that went under and the shares a few thousand each never were tradable. Still hunt him down when ever he tries to go public. Even filled with the SEC to no avail. Good luck. To email you from Hawaii? Yea they are working real hard in the mines there.........
Haven't you figured out yet Cramer always has a motive?? To get stocks at a lower price maybe he is short. If he was so good why is he not a billionaire instead of be a clown on T.V...........Buy some puts its gone a long way. Not only will it put a floor on it but if overvalued. Its cheap protection.
Actually more are coming in everyday...enough said. Look at the price. No way this can't be 10 easy. They have been positive 4 qtrs. and only a fraction of the price of Walgreens or CVS, I see more people in Rite -Aid than the other 2 all the time..... even if their margins are a tad lower. their stock price is a ton lower. 2 think I had this at 2.
Still have calls and Puts ( just in case) till mid 2014 But will be accumulating.
sold mine too.......have more though. Many shares also so I have to hold them. Except mine are next year.
Robert you are correct there are 2 laws of the market:1 buying is one thing, but selling when is the right time is the hardest. So a gain is a true gain not matter how much . It's not a loss. 2 The market can stay irrational longer than you can stay solvent.....whether up or down.
YZC is the real deal why you pumping LLEN...how about letting the class action law suits finish and really prove they are not another PUDA remember them.........Said short LLEN at 5 go back and look. You would of have made out sweet. Remember these guys going public a red chip stock. If there is no BS about the company why the public sayings?? That would be one heck of a lawsuit and Im not seeing LLEN really doing anything about it. Have they proved yet that they really own what they said they have, or was it just a song and dance.
YZC is the real deal...........
Was just pointing out don't blame anyone for a gain as they have a solid gain and if you buy and hold great but have seen many loose their gains (Big ones) for letting emotions get in the way and not remembering what you have is a trade until you cash it in. Its only paper. Discloser I am long , hedged and even longer.
You can buy and hold forever bot look at XOM in the last 14 years...you'd be down now. If you bought and sold at periods you could have made bank. Now look at PBR 09 39 to the 50s. Today 17s off lows. Same with VALE 09 15-17 to 34 today 15s. bought back in the lows 12s. So timing is everything. Don't know some one for taking a profit. MTL last week something to me broke the 3s before the close bought 2.00 puts, even woke up late up 150% sold them.These that I have mentioned are trades I have done. AXAS I am a long term player one this on.... still looking for entry after 4 round trips during the run up . Also have puts just in case this does come back to the 2.50 range heck cheap protection into mid next year. Also have calls which I believe by mid next years will not only be in the money but will exercise those shares and pocket the profit from pennies on the dollar. I sleep good at night knowing I have already made a chunk. Will buy more shares when dips I feel are right or wait till its right for me, and that could be after the next resistance. The point is nobody is running because they made their money or even make it on the way down as pullbacks happen. Its all in the timing. Also look to the macro picture as where this market is with relation to no real pullbacks for a while. Just let AXAS keep beating and we all win just some will make a little more than others. There are many ways to make it and now one is exempt from being a good company but the stock is broken. Look at SID from 09 then early this year buying of the bottom there in the 2.50 range you would be booming at the high 5s. Can it go higher you bet. Cant it go lower, you bet. So 1 strategy does not work for all. If someone took a 20% gain hey they sold in the 4s and could of bought lower. I don't know about you but with the Bots (HFTs) I see profit I take it. Those who have been around longer that QE1 started know what Im talking about. No fun watching a thousand point swing in a day...been there.
Still think once we break that 6 again off to the races.....GGB should of grabbed it hitting 8s now surprised they haven't ran more. SID a few cents or more a day is good with me. See where we are. I will take that any day than a pop 2 bucks and back down the next.