Originally Posted by
waldo29
DM,
Yes, it was my TA that initiated the call. I follow these threads, but don't have time to get in the mud, thus I rarely post unless its warranted. You make more money by doing research and analysis than fighting this 2.75 battle or that 3.66 battle, especially if you are half way through the a prediction. Most of the time the 'less experienced' can't grasp some of the concepts to the depths required to make actionable (long term/swing/day) trades anyhow (no offense and not directed to anyone specifically). I knew he posted it here and I was 100% OK with him relaying the info here.
[speaking generally] The respectable comment was to more than just you. It's gone down hill around here lately. I count roughly 10 aliases, and we know there is probably no where near that many people involved, trying to beat up multiple other aliases up for their view points or view points from somewhere else. Build the community up, don't beat it up, drag it down and block it out, that is a recipe for portfolio disaster. Hate to be the master of the obvious, people will always blame others for 'starting it' and people also feel the need to defend themselves, human nature and the herd mentality to pile on. You have a problem? Take that off line and hash it out like adults or else its a distraction to everyone. Filtering through the distractions costs people time and time is money.
2.75 is my call, but I am not the only one calling it, a lot technicians point to it, but its a longer term pattern(s). The call is on the table until 3.66 breaks. We can go up and down and visit 3.60's and the low 3.00's as many time as the MM want to take it there to accomplish the goals of their clients (bb). From a position perspective, I don't care how long it takes to break up or break down. I do care that people have had to hold through some violent moves in the stock frustrating those with long term shares 'trapped' (via time or dollar amount). Post 10/2013 SIRI has clearly been a trading vehicle. I mentioned this to you in January and again in April. Form that time, If you held, you may need to be prepared to wait it out. If it breaks up and I don't get 'my 2.75', will I care? Not in the slightest. One will have more than made up for 'not getting' it by paying attention rather than fighting it out in forums. It's not about inflating or deflating an ego, its about making money. Stick to that.
Hit me up via email or chat if you want additional explanation(s) on anything concerning 'the call'.
Seriously, even the free stuff @ pebble writer is worth a read.