RE: RE: RE: RE: Pigs can't fly.. "seems like a great buy"
Aweel, that's likely what that punter at PI thought when 18,000 shares were bought on December 15 for 45.5 cents before commissions.
PI just dumped 10,000 this morning at 46.6 (before commissions). PI is full service, so the fees were likely $100 on the buy, and $100 on the sell, so the loss so far is $90, and still 8,000 shares to drop into the 47-cent bid.
Of course, who would dare argue with a stock guro who tells us that he first started buying MSQ at 95 cents and chased the falling knife all the way down to 50 cents to average at 65 (you're underwater by 18.5 cents per share, or 28 per cent, O Great Buffett of the bullboard)?