RE:RE:RE:DOUBLE BOTTOM LIFT OFFGeneral Paten (and his troop of clown aliases!) Advice? From clown shows? Bahahahahaha!!! Look, if you look like a white candle, I'll take the advice. :-) For now I daytrade this on the conservative side. The fundamentals are a shamble and the technicals are inconclusive but the downtrend does not look broken.
We are at the end of trading week and I don't like to hold short overnight, and rarely over weekends. As many here, we could see this tank and depending on what croft comes out of this untrustable company I might stay sidelines or wait for the run to short. I don't mind missing part of downward runs bt I hate to lose money.
I would NEVER go long here unless MT was replaced and I saw the new leader put real money to buy the commons. I think the commons are worth ZERO! The debt is too high, assets way too weak.
And if it does shoot up, I'll evaluate on what COMPLETE BS this time again and I'm JUST watching to retake a possible short position again. With thousands of stocks out there, why would I put my money long on a dead horse???
You have to be a complete speculator or moron to hold long here. Period.
capmorgan wrote: PRO, looks like U can't make up your mind weather to short or not to short. My advice is to buy and hold.
PROtrading wrote: Are you prayin or are you buying?
I've just covered. back on the sidelines for now.
"Lift off" of flaming dumpsters aren't that good buddy. Hope you make it from being underwater here!