RE:RE:RE:Market Correction TradeMTL wrote: Dude; I had 40k shares at avg 6.7$ and didnt sell 7+$ ... i got margin called when it went below 5$, so there is a good amount that wont even be recoverable.. im fkin down 90k on this stock in the last 3 months. You're pissed? (And this isn't an unlucky fake shorter story..).. i've been waiting to get out of this stock at 7-8-9$, and the more I wait, the more it sinks.. I started to attemps day trading because it's gotten so fkin ridiculous. I've gotten to the point of having a nervous breakdown .... like I barely even see above 6$ possible if we even do get an oil price recovery; thats how pathetic this stock has fkin been.
I bougtht at just under $7 like you... 48k shares.. I sold at just over $5.. so I feel your pain. Now I bought WCP at $10.80 but I went in for 50k shares... but at least Im going to get the dividend and unless oil goes under $40 its safe.... as for this being a correction, perhaps but the economy is still growing and it wont be another couple years until we see another recession......