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FMCC - Freddie Mac - Page 107

post #2121 of 2174
Quote:
Originally Posted by BX_MONEYMAKR View Post
CW.....like seriously are you banking like Gambler? I mean 6 figure profits so far this year?
Let's just say I'm playing catch up with him (on the profit side)
He and I have some differences:
1) He's more into bio stocks
2) He only goes LONG (I think)
3) He loves to show his gains (I do not)

We traded side by side sometimes and we both came out good
post #2122 of 2174
Quote:
Originally Posted by coldwind View Post
Let's just say I'm playing catch up with him (on the profit side)
He and I have some differences:
1) He's more into bio stocks
2) He only goes LONG (I think)
3) He loves to show his gains (I do not)

We traded side by side sometimes and we both came out good
thats awesome! I think you guys trade the same stocks sometimes.....he makes money while it goes up and you make money anticipating that it will come right back down.....
post #2123 of 2174
I wonder if anyone still dares to jump in LONG in FRE or FNM?
post #2124 of 2174
Quote:
Originally Posted by coldwind View Post
I wonder if anyone still dares to jump in LONG in FRE or FNM?
I am getting an itch......I traded this last year and depending on how low it goes....i might just jump in
post #2125 of 2174
I think there's gonna be short covering next week. In at .424
post #2126 of 2174
Quote:
Originally Posted by Islesfan039 View Post
I think there's gonna be short covering next week. In at .424
werent they suppose to do that today?
post #2127 of 2174
I don't know, I think there will be a sentiment change over the weekend. It's lost about 75% of it's value since Tuesday, on news of delisting. Fallen way below its moving averages, I'm gonna play contrarian here and expect the bounce to come Monday after a weekend.
post #2128 of 2174
I got me a LONG @ 0.41 for some quick bounce
post #2129 of 2174
Quote:
Originally Posted by coldwind View Post
I got me a LONG @ 0.41 for some quick bounce

I like being on the same side of a trade as you haha
post #2130 of 2174
Quote:
Originally Posted by Islesfan039 View Post
I don't know, I think there will be a sentiment change over the weekend. It's lost about 75% of it's value since Tuesday, on news of delisting. Fallen way below its moving averages, I'm gonna play contrarian here and expect the bounce to come Monday after a weekend.
I'm sure,it will bounce back to around $0.70-$0.90.....
post #2131 of 2174
Quote:
Originally Posted by BLOWRY1911 View Post
Yes sir! Sold at .75
Thanks to u and the others that advised to sell. Thanks again for the advice.
I listened to ur advice, rasing it up as it climbed, then pulled the trigger at the end of the day.
That's great Blowry. You done good trading your self out of a deep hole to cut your losses at a higher price. Consider your loss as tuition to learn a lesson the hard way.

My rules regarding stops
1. Use stops on all your trades
2. Remember rule number 1
post #2132 of 2174
Quote:
Originally Posted by coldwind View Post
I wonder if anyone still dares to jump in LONG in FRE or FNM?
Jumped in FNM Friday at .38. I'm thinking a quick trip, waiting for the sentiment of 'Hey! This MIGHT be overreaction!' to kick in. I won't stay long, though.
post #2133 of 2174
Quote:
Originally Posted by syynik View Post
Jumped in FNM Friday at .38. I'm thinking a quick trip, waiting for the sentiment of 'Hey! This MIGHT be overreaction!' to kick in. I won't stay long, though.
It is about to sail north....I hope,u guys don't miss this ship..
post #2134 of 2174
Got my position at 0.41.
post #2135 of 2174
Lucky.... I'm in too high
post #2136 of 2174
Quote:
Originally Posted by halfstockpick View Post
Lucky.... I'm in too high
Originally I bought in at 1.75 then went down big time. Sold at 1.00, and now opened at position again at 0.41 so really not making any money just trying to cover my losses.
post #2137 of 2174
Quote:
Originally Posted by coldwind View Post
I got me a LONG @ 0.41 for some quick bounce
Clear out my position @ 0.46 for some nice profit
post #2138 of 2174
Quote:
Originally Posted by investment00 View Post
Originally I bought in at 1.75 then went down big time. Sold at 1.00, and now opened at position again at 0.41 so really not making any money just trying to cover my losses.
If U sold your position within 30 days, U will NOT be able to claim your loss.
Read the WASH SALE rule. A lot of traders make this mistake.
post #2139 of 2174
Quote:
Originally Posted by albaro911 View Post
It is about to sail north....I hope,u guys don't miss this ship..
I would be very careful about the sailing of this ship.
It can head toward the "perfect storm" soon
post #2140 of 2174
Quote:
Originally Posted by coldwind View Post
If U sold your position within 30 days, U will NOT be able to claim your loss.
Read the WASH SALE rule. A lot of traders make this mistake.
I hate the wash sale rule.....I try not to buy the same stock within 30 day period.....
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