they just did it with a bid / ask at .2499 odd lot same price, all or nothing.... locking retailers out again.... I think they've done this before (sarcasm)
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they just did it with a bid / ask at .2499 odd lot same price, all or nothing.... locking retailers out again.... I think they've done this before (sarcasm)
Yes, been frustrating all day. ISEG is competely the MM trying to control price today. Looks like NITE has backed off somewhat. Might be good news. Yes, may have cleared .25 by now if not for work of ISEG.Originally Posted by cos1000
ISEG might be the MM of the 2014 short. Thats a wild guess, but well see how they act as the price goes up further. If so they are alone now, as most MM's havent been doing too much manipulating today.
Those bastards, this stock could easily have blown by .25 if not for ISEG, and your right about the agenda mattering little but for their own and customer's best interest... No matter how many times we describe it, its these little ten minute runs, every hour or so, that once defended, gives the retail investor the impression that the stock had no momentum..... this stock today could have run into low .30's without this momentum manipulation.... resistance my ass.....
do i feel stupid now...I sold my 40K at 0.24 though my average is 0.60 thinking I will buy when it goes lower but it does not seem like it...
I held from 2.6 all the way down to 0.05 and now that it goes back up I sell.
I know that I did not make too much sense but I am not used to huge gains with SIRI...I have a buy order for 0.23... hopefully it gets there just so I can get in again..
COS and RELMOR what do you guys think?
was the 40K shares your full position? also what is your trading platform... 2 decimal places or 4??
hey Cos, I did not follow your recs from before about trading with 1/3, so I went all in but now am very nervous...I did sell last week my buy of 0.14 at 0.193 and that was my 1/3 but now just could not believe my eyes and sold the rest this AM..
I use sharebuilder and it only allows me 2 decimal points
thanks for the response
Yes that is true Demain, But the problem is true for those that come due at the same time from last year that is why the churn is higher in the 1Q. So will there be a loss, yes that is most likely, Will it be 500,000 as Brandon thinks (to just give a average of the 2 million over the year) I dont think so.
Last edited by john; 03-16-2009 at 01:38 PM.
I am on Ameritrade Apex and trade in 4 decimal places with a small 9.99 commission.... Its hard to "trade" this stock with a 2 decimal place restriction to place orders... for instance I still have a buy order GTC +ext @ .2215. That means my order will get executed before anyone with a .22 buy order. For you to get back in at this point, you would have to place a bid order of .25 and roll the dice on best execution.... somewhere under .25. It really depends on your goal: to invest or to trade. At these levels and your current platform you might try putting in several buy orders at .23, .24, & .25. This kind of move today could go either way tomorrow... if it climbs your out again.... tough position to be in but .24 might get you some before EOD... Good LUCK ....
fugo, don't sweat too much over it. Like you, I sold at around .24 as well. It's important to keep in mind that it's impossible to time everything correctly... you might have to rebuy at .25 and lose a penny but if you believe the trend is going up then it's not a big deal. No matter what, you are better off today than yesterday and that's all that matters. You don't have to always squeeze every penny of profit to be had.
Just IMHO.
Killerkaul, after reading the Fortune interview with Mel. How accurate do you think this commonsense and logic was.
http://siriusbuzz.com/forum/showthread.php?t=1546
