longs may never sell, but only a total moron actually believes shorts never cover, and you are still underwater on all your intc adds.
good thing you were buying far more poo poo mu than intc, not too shabby thanks to the last 2 buys
too bad the core got rotten, the qqq's are less than 3 percent off all time highs, and you all think the worst is over. as hilarious as thinkng shorts never cover.
Too funny, cheering for a stock that a week or so ago was 20.00. that dropped back to the 17's that is almost 20 again. Meanwhile, back in the trading room, some people have actually been making money.
well, he did buy the right stock, a lot more buys of MU than INTC, still underwater there.
If only one lot of mu above 26.00, should be in the money today thanks to the last 2 buys with an estimated average on the 6 most recent buys of 18.20,.
could have had 20.00 but not too shabby with 2 more low priced lots than he had at the prior 20.00's.
Seems Waldo was buying the right stock this time, and most of it was mu, avg on new buys, guestiamate of 18.20 times 6, add the buck and he could be up IF he had only 1 lot at 26.00 thanks to the add today.
par for the course for waldo, always assuming shortst never cover, not even those who held out for the low 17's.
giving you a credit for a 6th add at 18..20, with just 1 lot up there at 26 and the 6 new ones, still underwater.
but you'll likely make more on mu than INTC even with a 26 handicap.
apparantly, good ole waldo wasn't really all that bullish on mu when he laughed at those who didn't cover at 23.70. Even with new buys, his average is weighted down by what he had above 26.00. his curent new buy avearge, 6 times now, about 18.20 without commissions by my estimation.
funny I heard they waited until today to cover, under 28 and under 18, and are just waiting to short intc again.
so nice to be wally and need a sizeable bounce just to get out even, too stupid to have sold the lower peak at 34.50, let alone the top of 37.90 that may not be seen again for a decade, the head of a massive head and shoulders top with shoulders at 34 and change
why no more buys, run out of pennies?
this stock went from 5 to 35, that was the too far, too fast. the only thing propping this up is the possibility of a buyout from a Chinese company without enough cash to pull it off with a country in major trouble and more significant needs than tossing money for a buyout
and those nuts and bolts have been leading the market down, amat yet another new low before a modest bounce, high 25's to low 17's as most semis have already lost 25 percent of their value, and yet the indexes haven't even had a correction. semis also lost far more in the most recent bear market than the qqq. in 2009, the smh hit a lower low than in 2003, the qqq did not. to call semis non cyclical is absurd