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Thread: Stock Plunged Today!!

  1. #1
    Flugzeug is offline
    Junior Member
    Flugzeug's Avatar
    Joined: Oct 2007 Posts: 2

    Stock Plunged Today!!

    With revs up, subs up, loses down, the stock fell like a rock. What the heck happened? All good news, it should have hit $4.00, instead it dropped to $3.29.

  2. #2
    Newman is offline
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    Newman's Avatar
    Joined: Jun 2007 Location: Dallas Texas Posts: 1,162
    I have two words for you - BUYING OPPORTUNITY!!

    I used todays news to pick up some more XM at a 12% discount to yesterdays price and much closer to my entry price that I was looking for.

    The reason I went with XM was because I was able to get a better deal with its larger drop and 4.6 ratio when the merger goes through. I got in just slightly above the low for today, and it is already on its way back up. (Already up 2% in after hours trading)

  3. #3
    Newman is offline
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    Joined: Jun 2007 Location: Dallas Texas Posts: 1,162
    FYI: I am thinking there will be about a 3-5% jump tommorrow, and then regain the rest of the drop over the rest of this week. So get in while you can.

  4. Ad Fairy Senior Member

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