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Thread: How low can we go?

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  1. #1
    zcurzan is offline
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    How low can we go?

    Anyone want to speculate?

    I thought the sell off was a combination of margin calls and stop losses being triggered, but it just keeps continuing down. Loss of investor confidence?

    Now I think it's going to take some kind of merger news to put a bottom on this free fall.

    Kind of rediculous that even with this mornings news of dissenting analysts that Wienkes' opinion has so much sway over the investment community. Especially being that he's been off thus far in all his merger opinions. (30 percent DOJ, DOJ with too crushing restrictions)

    Realistically, I think its going to trend to $1.75 until news hits.

  2. #2
    voogru is offline
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    Money can't go into my brokerage account fast enough to buy more stock.

  3. #3
    zcurzan is offline
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    Yeah, well I bought more when it 1.97 and XM was at 7.95 at the daily lows on the day the report was issued, and it seemed to hold for two days, but now even that is underwater.

    eh, its just money

  4. #4
    voogru is offline
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    Quote Originally Posted by zcurzan View Post
    Yeah, well I bought more when it 1.97 and XM was at 7.95 at the daily lows on the day the report was issued, and it seemed to hold for two days, but now even that is underwater.

    eh, its just money
    If I lose it all, I'll just make more money anyway.

  5. #5
    zcurzan is offline
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    I'm 22, no wife, no kids.

    I can afford to lose a little. haha

  6. #6
    voogru is offline
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    Quote Originally Posted by zcurzan View Post
    I'm 22, no wife, no kids.

    I can afford to lose a little. haha
    I'm 21 myself.

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