Jesus, this thread moves too damn fast. take it easy guys, no need to starin anything.
Good morning!
SIRIUS XM SATELLITE RADIO FORUM
Jesus, this thread moves too damn fast. take it easy guys, no need to starin anything.
Good morning!
we care seeing a little short squeeze here as the big funds who bought at .08 are being stubborn in their sell orders,which is good,finally...a little pull back here and then .26 and who knows where then..
That just friggin figures....I sold at .1995 and this happens...Congratulations to EVERYONE else....I feel a little like Long Hauler about now.
good sale cos1000. I don't know though keep an eye on today, This has all the earmarks of a run. .30 wouldn't surprise me on a day like today (at leat briefly)..we've not seen buying pressure/rapid movement like this since that .20 move (.21 - .43) in October...Originally Posted by cos1000
this time I gotta go! Glad I stuck around to see this move though.. Good luck all..
I don't like the shift in momentum. I am putting in a sell at .24... might even consider .238 just to get out for now.
starting to look that way - but then again I never thought we'd hit .25 today.. this is just weird - I feel like I'm in the twilight zone...
My AVE is .13, for 27K, but I think I am going to stay for the long run. A long time ago I was in for 3.00/share, and sold at 2.50, when it started to go down, so I lost some there, but bougt back in when it was way doen. So.... I think I will let it sit, for the long ride.
I'm going to be lurking around most of the day so I felt pretty good about locking profit in on that Friday buy.... Great move in short time..... couldn't help myself after watching the wall form at .25.... I am looking to buy back in at .22 and will adjust according to the action.... This is a Monday morning surprise and hope it holds and agree we're not going to see the teens anytime soon without bad news.... Its just gotten easier to lock in after watching this thing for so long..... good luck
Here's what happened...
Short panic set in...losses were great on their side....many were forced to cover.
At around .25, they began selling again, hoping to recoup some of their losses. Trading like this doesn't just happen. Its either a pump and dump, or something big is going to be announced today. Could be auto related. We may see in uptick in new car sales. This will crush the shorts...
Just sold my position at .239. I'm not trying to influence anybody, I just feel a wall has been hit today, buyers are drying up. Depending on stubborn sellers are, we could see the price start to drop soon if they get desperate.
I also picked up 1000 shares of LVS for 2.24 just now... I know it's a gamble, but let's see where it goes for today.
