By the way I reread your earlier trades and was impressed how you cut your losses but definitely some of us were dumfounded lately by some of your moves but you sure raked in the dough.
Seagate we all screw up it's our nature but the point is to screw up by the least amount possible. Surely this run up has to end soon . Maybe you'll have to buy back those shorts and hopefully eat smaller losses.
Seagate Soundview has upgraded AOL. Also IMHO a lot of funds are going to jump on this stock if they think it's got good upside . be careful with that short.
GORDO:
Excuse me but I have thought often that you SEEM TO WASTE TOO MUCH TIME. If I go on this site in the evenings or the odd time during the day , there's always some posting of yours . I've enjoyed reading them but my statement above still applies.
Maybe take a week off . Don't...
Merrill has announced they are reducing the number of stocks they trade from 10,000 to 2,400. These are all nasdaq pinks and pennies and everything that's in the shithouse. Watchout below.
Merrill has announced they are going to reduce their trading in Nasdaq stocks from 10,000 to 2400. A lot of these are pink slip and penny stocks. Maybe this will help your BIg Bang Seagate.
Seagate don't be too pissed off. Yesterday I received a tax "reassessment" of 1999 return for $6739-00 which is in addition to what they took already. With all the effing money they snatch from me I can't see I'm getting my money's worth. I've been totally pissed off last night and today...
Listen in my opinion anyone who sucks on smokes took the decision. Even little kids understand how addictive smoking is. Somebody has to put a "stick in the wheel" before this economy ends up like Zimbabwe.
Oversold isn't that the truth. But the funds are under pressure to liquidate because people are pulling their money out. You said it earlier, many , many of these mutual funds are going to fold and that could be the real bottom.