see if you are long you could have just slept in and relaxed this morning (not that I did!) Someone waking up now may not have noticed a thing
SIRIUS XM SATELLITE RADIO FORUM
see if you are long you could have just slept in and relaxed this morning (not that I did!) Someone waking up now may not have noticed a thing
I have some shares in sharebuilder.... some in wells trades (transferring into TD Ameritrade) - I count my lucky stars I didn't have a stop in this morning or I'd be just as angry as the rest of you over the sharebuilder thing....Originally Posted by relmor2003
I may even move everything completely to TD Ameritrade at this point.... I was already going to shut down the wells trade - but ING has just pissed too many people off.... and they should be held accountable...
i almost set a trailing stop the other day thank god i didnt, never expected a 50 percent drop off in 1minute, crazy shit, but this thing is still gonna go up, that shows how much this stock is capableof moving now, it moves through cents no problem now.
Relmor just curious how many times are you going to attempt to play this game today cause you know you'll have your chances to make .03-05 cents here or there even if delayed reaction. Do you have a margin account? You can't trade more than 3 times in a week right without triggering the wash?
It could have been such a wonderful day. I managed to get .38 something and I could have rebought at .30 I still cannot get a buy order posted because of errors
I'm hoping you're right tripps - this little trap this morning was a load of Crap... seriously....
Glad I stayed up late - then slept in this morning... I didn't have a stop in - so I'm mainly just angry for the rest of you....
But if THAT wasn't intentional - I'll eat my hat.
That's why day trading is for experienced investors,now 2-3 day or week trading is better,but i wouldn't touch it....This is also perfect example why we need a 1-3 or 1-5 R/S when stock gets to $1 or better by end of year..
Too many Retail investors,we need Institutional to rise from present 50% to at least 65% to stabilize SP.IMHO
70 million shares traded in 1st hour..plenty of time yet to see green close today as shakeout slows down and buyers load up again.
I can daytrade as much as I want. I will probably not be daytrading SiriusXM anymore today until it settles down. I will buy at .30 or lower again. No more sells planned, I took the .03 cents. Only playing with shares above my core position.
I didnt think it would happen early morning, but on the second failed breakout attempt past .40, we saw what could be expected, just a lot faster and lower than I thought possible. Pullback, and profit taking. Plus an orchestrated take down attempt timed to maximize the loss. No reason to panic in my opinion. Id take advantage of this as a buying opportunity.
