THC- crying in our beer

Originally posted by uptik2000
I know everybody makes mistakes....and I wasn't reading the tape on THC at all...but by looking at the chart, I just can't figure out why anyone would get long this stock on Thursday. Or any day for that matter. It looked like disaster just waiting to happen.
Of course hindsight is 20/20. (I'm sure I'm gonna make a lot of friends with this post:p )
More...

We were long because of the block, before the news broke. In any other situation the trade would have been worth at least a dollar. In fact I was up .5 before the free fall.

Thanks for the honorary mention P2.
 
I was reading this thread on Friday cuz lots of my old roommates were in it, and start to watch it. longed 3k at close for a GNP play, just dumped them. Now I am thinking THC is going down from here...(its in the Fib# area now)

Some thoughts about the mkt: since the trend is up, we will see lots of up Fridays and Mondays, be aware.

Thanks P2, Dustin, Vel(bro59), Lesco... Hope you guys are doing well.
 
Quote from I Missed Boat:

The sad thing is that there were people who knew about the raid even before it came out on Bloomberg (or any other top news feeds). Not very fair is it?
More...
 
Quote from Dingdingding:

More...

It had been in the market for a while- it has been falling for a while - no one knew how much but these things tend to feed on themselves

The big question is who is next?
 
WoooHooo... Wooof*ckinhoo....!!!

I finally overcame the loss. Took me only 3 weeks to make back the 66k that I was down from THC (and a bit smaller hit in OMG that same day).

I'd like to thank all the little stocks that made this possible.....

Normally, I'd be content with 70k in gains in 3 weeks, but I'm tripple content that I was able to come back from my worst one day drawdown that fast. Usually these types of hits take 4-6 weeks to make back. I know that BRO is making it back as well. If he wasn't in the air now, he'd probably have beaten me to the breakeven point and a new acct. high. How are the rest of you doing in making it back?
 
Well, congratulations prae! 60k, not my size but I remember 9 July 2002 when I've lost 3,500 euros and next day made 3,100 back. Did you started your fund? I also check your THV stock - still under $1... but you'll never know what's gonna happen! :D
 
We start in 3 weeks. I'm psyched. Still have all my thv. I'm disappointed by their warning last month. Insiders keep on buying. I bought it with enough margin of error for me to feel confident. I want to see how the first 2 quarters next year go. I think that their complast will be a massive success if the economy can hold together.
 
Yeah unreal. This stock won't quit. Halted again today at 1:53, not open as of now (3:25). Let me guess, the boys at the exchange will open it with 3 minutes to the bell as a courtesy to the trading community that makes their lifestyles possible.
 
You must log in or register to reply here.
Back
Top