It's reported by Dow Jones and compiled into a box on my software. Thus, all of the imbalances are shown in one place.
AT &T Wireless After Hours Rally
- Thread starter thetraderprofit
- Start date
I was watching CNBC while Cramer & Co were talking about suitors for AWE. The real-time ticker showed some trades from +.07 to + .62 cents. Then it subsided.
Thanks trader.net. I thought it happened before Cramer. If that's all it was, it probably will open down, not up. But, I can't believe
there's not something else going on to drive the price up that much on hundreds of thousands of shares.
Being a fatalist, I'm sure it will open at $30
there's not something else going on to drive the price up that much on hundreds of thousands of shares.
Being a fatalist, I'm sure it will open at $30
My goodness, I though you should long th stock. But it occurs odd to me that you have no problem with 14K shares of a $10 stock but complain about $8000 paper loss in a few hours. Anyhow, it may be a good idea to close the short before 8K exceeds 140K.
When I start thinking like this it's time to take the loss. When I'm in a losing position but I'm "absolutely sure" about my position, I usually get handed my hat.
Kev
AT&T Wireless STARTED a formal auction process on Thursday. Cingular's NON-BINDING bid was already in the stock. It seems extremely unlikely a much higher bid would emerge 1 day into the auction process.
This is my reason for saying I don't think it will open above $11.50.
I am using reasoned judgment developed over 5 1/2 years of highly profitable trading.
I do agree that when one is reduced to "hoping", one is likely to lose more. I am not anywhere near that stage.
I simply think that covering in the post-market when there was no news was not the thing to do. I may indeed be proven wrong. I am up $48,500 this month, so I can fade a little heat.
This is my reason for saying I don't think it will open above $11.50.
I am using reasoned judgment developed over 5 1/2 years of highly profitable trading.
I do agree that when one is reduced to "hoping", one is likely to lose more. I am not anywhere near that stage.
I simply think that covering in the post-market when there was no news was not the thing to do. I may indeed be proven wrong. I am up $48,500 this month, so I can fade a little heat.
I don't like to lose. Now I may lose more. I'll take some anxiety medication and at least I won't have to worry about it till Monday
cause there's nothing I can do now.
By the way, what is AH?
cause there's nothing I can do now.
By the way, what is AH?
