a while back there was a pattern that developed where it opened over the close and closed below the open. Then throughout the day you could sell at 11am and buy back at the end of the day. This pattern went on 3 times before we caught on. At first it was many % but each time it got tighter until it broke out...this pattern is going to repeat for the 3Q CC, except that is going to be the breakout of the pattern.
I am pretty new to this site but today is driving me crazy! I sold my 18,000 shares the other day on advise from "Professional" traders and I am going nuts today. I have seen a lot of ups and downs the past few months and I did make a profit but I really liked the potential of this stock and now I do not know what to do. I have always been taught to buy and hold because I would loose my shirt chasing stocks. My wife did not want to sell the stock but we listened to the advise anyway. Is there others that are waiting for a pullback and what level do you think it may pull back to?
thanks,
Ted
Personally i think the EBIDTA is wearing on people and thats not going to be enough to make a difference, plus its been said here that EBIDTA isn't a good metric anyway.
I did think there could be a surprise but its too obvious now that it won't be enough, yes, things are "getting" better, as of last week, but 2Q probably will rank as one of the worst yet. Remember 2Q ended over a month ago, they aren't going to give numbers from last week, they cover April, May and June which were not good months.
I am not, to be honets I would be happy if it just kept going up. I really would like to just sell lots and not get back in. I am going to try and not make the same mistake of getting back in this pisser after making a boat load, then only to through more then I originally had into it then I started with.
Who is Charles?
sorry, jk, we pick on charles for making fake aliases and posting funny questions....welcome to the club thats your initiation.
Im planning to buy back on thursday at .44, within a couple weeks at .44 or if things are looking downward maybe see how long i can hold out. .42 is a real possibility.
The thing is I hope I am pissed. It means that SIRIXM PPS is going up.
P.S. I know this may not make any sense unless you live in my world of SIRIXM, but the fact is I will be happy as long as it doesn't go bankrupt. I have so many lots at so many different Price points it is embarrassing I got this sucked into it.
Last edited by john; 08-04-2009 at 03:55 PM.