<I never understand why the people don't trade the stock... they rather watch it go down... and average. Do they never take profits?>
If you and Wexler find that amusing, then both of you should be rolling on the floor laughing your asses off when you read these classic posts. Wexler averages up and down and sideways, but where did he take profits? Nobody went broke buying and holding GE, HD, DNA, WMT, IBM, and S, for example, when they were small companies and Wexler and his ancestors were calling them frauds.
Sep 4, GUMM closed at 13 1/8, short 20% more:
Message 11162981
Sep 15, GUMM closed at 13, short 25% more:
Message 11265706
Sep 16, GUMM closed at 13, short 50% more:
Message 11276669
Sep 20, GUMM closed at 12 1/2, short 10% more:
Message 11300507
Sep 21, GUMM closed at 12 1/4, short 10% more:
Message 11310863
Sep 22, GUMM closed at 11 3/4, short 10% more:
Message 11332170
Oct 1, GUMM closed at 13 1/4, short 10% more:
Message 11416073
Oct 5, GUMM closed at 12 5/8, short 10% more:
Message 11453165
Oct 12, GUMM closed at 12 1/2, short more!
Message 11525856
Nov 1, GUMM closed at 17, The P&D is almost over!! Hold your shorts!
Message 11772358
Nov 2, GUMM closed at 17 1/8, Shorted 20% more at 18 1/2, Tried like hell to borrow more but couldn't! Rats!!
Message 11788098
Nov 23, GUMM closed at 15, "Continue shorting carefully", whatever that means lol. Apparently he wasn't careful enough because GUMM subsequently more than doubled from the close this day.
Message 12073168
Nov 24, Wexler actually gives some good advice, but unfortunately didn't heed it.
Message 12078685
Nov 24, GUMM closed at 15 1/4, short 10% to 20% more:
Message 12082165
Dec 20, GUMM closed at 20 3/8, short 10% more at 19 7/8:
Message 12338985
Jan 20, GUMM closed at 23 3/16, short 10% more:
Message 12625495
Jan 29, GUMM closed at 30, Increased short position!
Message 12718715
Feb 2, GUMM closed at 28 11/16, covering a little at 29 and change..."anything I shorted above 31"...Funny, Wexler never posted that he shorted anything over 31. Of course, I could have missed that post, in which case I'm sure that somebody here will point it out to me. GUMM did trade at a high of 32 7/16 on Jan 29. Even if he did short some over 31 and cover "a little", what about all those 10%, 20%, and 50% increases that he shorted between 11 3/4 and 30?
<Looks like that's one more reason why it is so glued and rigged: Religious followers.>
Then what do you call Wexler, who averages up and down and sideways and covers a teeny weeny part of his short from over 31 that he never posted about?
Where's the next shorting point? 40? 45? 60? 100? |
