Right now i feel like a idiot. I got a wild hair up my ass yesterday and sold all my shares at $.35.5 and now im hoping i can get back in at around the $.31 to $.32 cent mark.
Right now i feel like a idiot. I got a wild hair up my ass yesterday and sold all my shares at $.35.5 and now im hoping i can get back in at around the $.31 to $.32 cent mark.
Goldman leaning torwards bullish on autos...
http://online.wsj.com/article/SB123790660014325707.html
Hey guys,
What does it mean when you're watching Level 2 on an 0.80$ stock and you see a sell of 500 shares for 99999.99$?
I feel like such and idiot asking this...but if it's the MM signalling eachother I want to know.
BTW, the stock doing this right now is Conseco (CNO).
True on the net, but the fact that it is the first positive in 6 months is good.
I agree on the easing credit analysis also. Dropping interest rates should help expand the recent uptick in existing home sales. Certain areas of the country, many of those hit hardest in the early stages are also starting to see some reductions in housing inventory. If that trend continues prices will stabilize. Stable prices (i.e. price bottoming), record low interest rates and an $8,000 tax credit (if you buy between Jan 09 and Dec 09) could cause a lot of people that have been standing on the sidelines to jump in this year.
Brandon: Thank you for all the insights given today with respect to gapping and other tricks of the market makers. Since I have never invested in equities for the short term I was unaware of these "signals." I will now pay more attention to the pre market activitiy of SiriusXM. Thanks again for the education.
LOL. I am going to take your post as an honest question and not as a poke in the ribs. Just because I have only made 7 posts on the SBuzz board does not mean that I have not been on other boards and I don't have experience.
Siri is my first foray into the penny stocks and I am attempting to learn the "penny-ness" of this stock. I only have 30K of this stock, so I am just starting out. It is SO unpredictable, and it can be so manipulated. I admit, my "prediction" is based on how I have seen other stocks act and the economy and the AVERAGE. I am sorry if I have stepped out of bounds here, I didn't mean to.
LOL. I will shuddup, now....well unless my precition is acurate, then you will never get rid of me.