TMA is down again

ggoyal · Mar 31, 2008

well, this stock is not related to the movement in the indices. but I wouldnt be surprised if it falls another 30% in 2-3 days. It will rally then for sure, or it stabilizes now and trends upward for a few days on low volume.

But I hope it's a rally on high volume so people keep jumping in. then 1.39 will seem like a good price.

tropicaltrader · Mar 31, 2008

Kiss your $2000 goodbye. With the way they're issuing stock and new debt, your shares will eventually be diluted to $0.

ggoyal · Mar 31, 2008

im not holding it. 2-3 days max. if it spikes b4, im done otherwise definitely b4 friday

kinggyppo · Apr 1, 2008

http://biz.yahoo.com/rb/080331/thornburg.html?.v=1

wall street journal has an article too, may help.

ggoyal · Apr 1, 2008

Fuck the following-

1. makloda
2. MrDODGE
3. gnome
4. trpicaltrader

TMA is up 36%. even though it's on low volume, it should still open up at which point I will sell half, and I have a hunch that it will rally today following the news. Even if it doesn't would have sold have to make some.

makloda · Apr 1, 2008

Buy and pray. Sometimes it works, sometimes it doesn't. You will learn your lesson.

ggoyal · Apr 1, 2008

it was a gamble i agree. but it was worth taking it. It had fallen too much. Whenever companies lose 90% within days, it's good to take a position. remember BSC, LUM, TMA (in the past and hopefuly today).

jazzsax · Apr 1, 2008

can't complain if you got out already @ 1.77 or so. That's still some coin in your pocket.

makloda · Apr 1, 2008

Quote from ggoyal:
It had fallen too much.

Did Worldcom and Enron also fall "too much"? Did you also go long those stocks at $2 cause they were "cheap"?

ggoyal · Apr 1, 2008

i wasn't trading back then.