i just got back in yesterday at 1.37 for 10k. up a solid amount right now, may sell out so i dont get any surprises....
bottom line i think they survive and if they do then ill see a great return just dont know if i will want to hold or trade, leaning toward just trading
lerink? thoughts?
i just got back in yesterday at 1.37 for 10k. up a solid amount right now, may sell out so i dont get any surprises....
bottom line i think they survive and if they do then ill see a great return just dont know if i will want to hold or trade, leaning toward just trading
it's a piss on the rug DOG and this looks like nothing more than a dead cat bounce. at 1.37 you have some room to manuever BUT I would probably take the two dimes and run.
bottom line i think they survive
IF they suvive, they will probably be an AIG which is dead money on Federal life support.
lerink? thoughts?
it's a piss on the rug DOG and this looks like nothing more than a dead cat bounce. at 1.37 you have some room to manuever BUT I would probably take the two dimes and run.
bottom line i think they survive
IF they suvive, they will probably be an AIG which is dead money on Federal life support.
I could see this going back to a buck again really easy. they really need to spilt off trading unit and "bank" into two different companies. that's also what AIG should have done.
I could see this going back to a buck again really easy. they really need to spilt off trading unit and "bank" into two different companies. that's also what AIG should have done.
kind of a wierd "screamin' mimi" move into the close. stock was @ 1.54 with 10 mins to go and looked like it was going to roll over and die AGAIN BUT took off on volume and hit it's intraday high of 1.63 before settling @ 1.59.
REALLY don't trust it for another run here though
kind of a wierd "screamin' mimi" move into the close. stock was @ 1.54 with 10 mins to go and looked like it was going to roll over and die AGAIN BUT took off on volume and hit it's intraday high of 1.63 before settling @ 1.59.
nice day trade IF you want to take it. 1.49 right now with an interday of 1.50. chart looks like it might be short term washed out here and could go higher BUT could retest too.
your call pederson16. you have been playing it well so far
nice day trade IF you want to take it. 1.49 right now with an interday of 1.50. chart looks like it might be short term washed out here and could go higher BUT could retest too.
your call pederson16. you have been playing it well so far
nice day trade IF you want to take it. 1.49 right now with an interday of 1.50. chart looks like it might be short term washed out here and could go higher BUT could retest too.
your call pederson16. you have been playing it well so far
, thanks, appreciate it.... think im gonna wait for 1.70+, might be a little greedy but i think it will pop.
Quote Originally Posted by LeRinkRat:
nice day trade IF you want to take it. 1.49 right now with an interday of 1.50. chart looks like it might be short term washed out here and could go higher BUT could retest too.
your call pederson16. you have been playing it well so far
, thanks, appreciate it.... think im gonna wait for 1.70+, might be a little greedy but i think it will pop.
From an advisory zine...not an endorsement and not sure of it..any thoughts LeRink, Ped, Wall , CC anyone?
E Trade Financial Corporation (ETFC). The stock has broken above and
held above resistance. It is trending up and MACD, DMI, and stochastics
have all turned positive. The book value of the company is shown as
over $4.80 a share. On the minus side, there are some apparently weak
fundamentals including high debt, negative free cash flow, negative
return on asset and on equity. Cheap stocks are often cheap for a
reason.
I see this as a highly speculative play, I like what I
see technically, and am placing an order to buy shares at a limit of
$1.50.
From an advisory zine...not an endorsement and not sure of it..any thoughts LeRink, Ped, Wall , CC anyone?
E Trade Financial Corporation (ETFC). The stock has broken above and
held above resistance. It is trending up and MACD, DMI, and stochastics
have all turned positive. The book value of the company is shown as
over $4.80 a share. On the minus side, there are some apparently weak
fundamentals including high debt, negative free cash flow, negative
return on asset and on equity. Cheap stocks are often cheap for a
reason.
I see this as a highly speculative play, I like what I
see technically, and am placing an order to buy shares at a limit of
$1.50.
LRR said that he thought just the trading ops and assets were easily worth 2.50 or more, right LRR?
that's probably offset by their "banking" which = sub prime exposure. considering I bot the FAZ short financial ETF yesterday @ 4.39, I am obviusly NOT bullish on financails right now.
LRR said that he thought just the trading ops and assets were easily worth 2.50 or more, right LRR?
that's probably offset by their "banking" which = sub prime exposure. considering I bot the FAZ short financial ETF yesterday @ 4.39, I am obviusly NOT bullish on financails right now.
had been holding 20k in my IRA for awhile. sold 10k @ 2.02 when it ran late friday and just blew out the other 10k this morning @ 2.50.
back in march I really couldn't figure WHY the stock was under and buck. might wait for a backoff here BUT this was a $20+ stock at one time. I use their "RecordNow" product for music capture and editing and I've always liked the company. just under 27 million shares out with almost 9% shorts. when it moves, it moves fast BOTH ways.
had been holding 20k in my IRA for awhile. sold 10k @ 2.02 when it ran late friday and just blew out the other 10k this morning @ 2.50.
back in march I really couldn't figure WHY the stock was under and buck. might wait for a backoff here BUT this was a $20+ stock at one time. I use their "RecordNow" product for music capture and editing and I've always liked the company. just under 27 million shares out with almost 9% shorts. when it moves, it moves fast BOTH ways.
"After looking through the short interest changes for the end of May. We saw unusual gains in short selling increases in Dendreon Corporation (NASDAQ: DNDN), DryShips Inc. (NASDAQ: DRYS), E*TRADE Financial Corp. (NASDAQ: ETFC), Flextronics International (NASDAQ: FLEX), Garmin Ltd. (NASDAQ: GRMN), Sirius XM Radio Inc. (NASDAQ: SIRI), and TD Ameritrade Holding (NASDAQ: AMTD). As you will see below, we included the stocks and the short interest changes: Stock May 29 May 15 . Change Dendreon Corporation 10,276,875 8,900,777 15.4% DryShips Inc .. 15,081,710 12,539,325 20.2% E*TRADE Financial 90,703,730 73,136,352 24.0% Flextronics Int'l .. 17,662,392 13,297,657 32.8% Garmin Ltd 14,151,556 11,944,727 18.4% Sirius XM Radio Inc . 175,742,764 147,358,699 19.2% TD Ameritrade 14,387,359 11,673,228 23.2%.
I think a lot of this ETFC move has to do with it's shorts report from 24/7 Wall St.......
"After looking through the short interest changes for the end of May. We saw unusual gains in short selling increases in Dendreon Corporation (NASDAQ: DNDN), DryShips Inc. (NASDAQ: DRYS), E*TRADE Financial Corp. (NASDAQ: ETFC), Flextronics International (NASDAQ: FLEX), Garmin Ltd. (NASDAQ: GRMN), Sirius XM Radio Inc. (NASDAQ: SIRI), and TD Ameritrade Holding (NASDAQ: AMTD). As you will see below, we included the stocks and the short interest changes: Stock May 29 May 15 . Change Dendreon Corporation 10,276,875 8,900,777 15.4% DryShips Inc .. 15,081,710 12,539,325 20.2% E*TRADE Financial 90,703,730 73,136,352 24.0% Flextronics Int'l .. 17,662,392 13,297,657 32.8% Garmin Ltd 14,151,556 11,944,727 18.4% Sirius XM Radio Inc . 175,742,764 147,358,699 19.2% TD Ameritrade 14,387,359 11,673,228 23.2%.
have a feeling this is gonna move up soon... I love the recent moves by Citadel, inspires a little confidence
up up and away... glad i loaded up the truck the last 2 weeks...
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