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Lehman is showing some good resistance at around $0.18-0.19, but it did dip to the low $0.15 (Might have hit less) today. It might still have good potential to go to above $0.50, but it's a very risky move.
Note: I got in MTLQQ when the ticker was still GM and later changed to GMGMQ. I was going to sell it when it went above $1, but I kept it just for the hell of it. |
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IOW.. market is taking a beating now. I bought more PNX just before it dropped 20% >_< Buying up more and hoping gor the best. the only one I got in the green in teh DXD I got a few days ago to hedge against a drop. Knew it was coming, but hopefully this is just a small correction. Hell of a run we've had and some financials got a bit silly imo. |
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Taking a beating with good news, it's kind of strange. Maybe everyone is just to worried and got some profits. I hope tomorrow will be better. I thought PNX was going to the moon today. It did go over $3. Yeah man, it was a great run there. I think Lehman will still show it's pink sheet strength soon. Hopefully it'll come out of bankruptcy and it'll show everyone what a monster the company really is. Too bad LEHMQ will most likely go away :lol:. I got some screen shots though to keep as a nice memory and if it goes up more I'll just keep taking screen shots lol. |
Haha re PNX. I bought a bunch back and sold off some stuff w/ less potential. I was actually doing this today w/ my real $, and if I was 20min slower I would have caught it after the drop. Sucks to go away, come back to you desk and seeing the thing you just bought down nearly 20%. Fook.
Got a major position now in it in the game again, so I hope it pulls back soon. If it gets to $5-6 like I'm hoping it will be awesome. No Lehman, but not too bad either. I am bullish on it tho. I had a good feeling the market was due for a drop. Hopefully its just a minor correction. I was hoping it would not get dragged w/ the market, but I guess I was being optimistic. You never know tho. Least the DXD is green today. W00t 3%! |
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Well that was a crap day. Lost 200K. PNX got killed as said, but I had aquired some Rambus, but their anti-trust trial got delayed today and that took a tumble too. Week hasn't been going so well so far.:party: I'm hoping this won't be another ugly Sept/Oct.
Oh well, least I'm not back to 15th place again. I doubled (maybe tripled lol) down on PNX, so lets see where that goes. |
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Nice job Finnster, 3% on a crazy day like today is not bad at all. I hope tomorrow will turn out better then today. I hope traders will make it a good Friday for everyone to enjoy the weekend :lol:.
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I hope I get lucky with THMRQ. I see that THMRO is up 512% and THMRN will be up 3158% real soon.
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I was wondering if the game limits you to avg volume on selling like it does on buying. Couple of stocks I wanted to buy were so low avg volume that I could only get like $5K of stock at a shot which ended up being a big waste of time. |
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It does, but I think it's wrong though since this is a game. |
Lehman has been the talk of the stock market lately. I've read some good articles about them. It sucks that people blame Lehman for what has happened to the economy, but I'm sure most don't know the real deal of what happened. If they got bailed out like many others did, this economy would a different story. It would be nice to see the OTC stock (LEHMQ) go up to the moon in respect for Lehman the company :lol:.
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Like I said, the OTC market get be crazy sometimes. I made a few bets on some companies and one paid off huge. Now, I'm going to wait until Lehman gets a little boost. Got to love the OTC, it's risky, but sometimes it's like winning the lotto.
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Holy crap man. $40K into $12M..? yeah that's like the lotto. :)
And I was happy w/ my 5%'s I've been pulling all week. Finally closed above $1.5M. 50% total return over two/three hard fought months. But you pulled a 66% return on an already $17M portfolio in a day. Damn. Whenever I'm just starting to feel rich something else happens to make me feel really really poor. ;) You're playing this game on a whole 'nother level. :) |
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