[madtrader]
Thu Nov 29, 9:21am PST XOXO
Here is another penny stock people should stay away from. The $800 million infusion is really a pre-packaged bankruptcy. Done in a very orderly fashion. The common shareholds will be wiped out, and I am wondering why the sucker is still trading with any value at all. I hope people learn from experiences such as WBVN, ATHM, EXDS, WCII, TGNT, XOXO, and last but not least ENE. That most of the time, these sucker are trading cheap for a reason, 99 out of 100 times, you are better off blowing the money you are thinking of speculating on these names at some place like Vegas. At least you would more fun and style while you are at it. And even some pictures to show for it. With these penny stocks, you get nothing but a sour taste in your mouth. none.
[madtrader]
Thu Nov 29, 9:35am PST QCOM
On the positive wireless theme here, I am willing to bet QCOM will be on the window dressing list as well. So, picking up some to boot out later. long QCOM.
[madtrader]
Thu Nov 29, 9:34am PST CNXT
This is an interesting stock here. CNXT pre-announced positive earnings this morning, gapped up then came all the way down to fill the gap. This has been a very strong mover of late. And needless to say, the sell on news crowd drove the stock down. But for window dressers, this is got to be a must do for later today. I think this will go back to retest the openning high. long CNXT |
