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  1. relmor2003 is offline
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    03-18-2009, 12:11 PM #951
    Quote Originally Posted by airman View Post
    Unfortunately there will be an iron lid at 800 or so I believe.
    They will play with this line. If it breaks, they want as few longs as possible.

  2. Brandon Matthews is offline
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    03-18-2009, 12:15 PM #952
    .40! There's 4 hours of my life I'll never get back...I gotta go to NY.

  3. Paratrooper_Rick is offline
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    Joined: Feb 2009 Location: In the trenches taking aim Posts: 634
    03-18-2009, 12:16 PM #953
    Quote Originally Posted by relmor2003 View Post
    They will play with this line. If it breaks, they want as few longs as possible.
    Yep - they're shaking the tree.... question is not IF it will bust the line at .40 - it's when....

  4. relmor2003 is offline
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    03-18-2009, 12:16 PM #954
    Quote Originally Posted by Brandon Matthews View Post
    .40! There's 4 hours of my life I'll never get back...I gotta go to NY.
    WAIT!!!!. Before you leave use your MILLIONS to buy that ISEG block please. Thank you!!!

  5. Big Ben is offline
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    03-18-2009, 12:17 PM #955
    Relmor I am putting a sell around .4ish any suggestions. These gains are nice and I believe this stock will come back down ,maybe not to the twenties, but if it does and I don't have cash I will be pissed. Any thoughts....should I wait until the end of day?

  6. airman is offline
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    03-18-2009, 12:17 PM #956
    Quote Originally Posted by relmor2003 View Post
    They will play with this line. If it breaks, they want as few longs as possible.
    When it gets there i will be in 50% cash with my main wad(my siri is a side lot of found money). maybe it breaks but I just don't think so.

  7. relmor2003 is offline
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    03-18-2009, 12:17 PM #957
    Quote Originally Posted by Paratrooper_Rick View Post
    Yep - they're shaking the tree.... question is not IF it will bust the line at .40 - it's when....
    I was actually referring to the main markets, but that works too!!!!

  8. relmor2003 is offline
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    03-18-2009, 12:18 PM #958
    Quote Originally Posted by Big Ben View Post
    Relmor I am putting a sell around .4ish any suggestions. These gains are nice and I believe this stock will come back down ,maybe not to the twenties, but if it does and I don't have cash I will be pissed. Any thoughts....should I wait until the end of day?
    I wouldnt sell any of your core position. If you have a full position(every dollar you would ever spend on this stock), shaving at .40 cents is not dumb. but it will make me mad!!!!!!!!!!!!!

  9. relmor2003 is offline
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    03-18-2009, 12:20 PM #959
    Here it comes.....
    Can you hear it? I see the s&p breaking out....Interesting time of day for it as well....This could be an interesting close....
    If anyone is shorting the main markets, I would recommend closing it if the DOW breaks 7400 or the S&P clears and holds 778.
    S&p chart looks really nice right now.

  10. winagain35 is offline
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    Joined: Jun 2008 Location: Denver, CO Posts: 190
    03-18-2009, 12:20 PM #960
    Quote Originally Posted by JohnnyIrishXM View Post
    The option action on Calls for Jan. 2010 at $2.50 and $5.00 is picking up big time...
    FYI - Not that this isn't a positive sign, but you should know that the calls that you're referring to are actually former XMSR calls and so it's not really 2.50 and 5.00. You have to divide by 4.6(the merger ratio) to get the actual strike price. Basically .54 and 1.08... These issues also don't trade like traditional call options since they're based on 460 share contracts instead of 100 share contracts... which is why the .21 premium on the $5 LOOKS so good, when you factor the 460 share contract though it's not quite as attractive.