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Non-Tech : Bill Wexler's Trading Cabana -- Ignore unavailable to you. Want to Upgrade?


To: ggersh who wrote (4964)2/20/2009 3:13:45 PM
From: RockyBalboa  Read Replies (1) | Respond to of 6370
 
On a side note... MER and also CFC shareholders got a fraction of todays new penny stock BAC... looks as if a CFC stock holder has now $0.60 or so.

And yes... it requires more than skills, some kind of imagination. I started bying JPM stock at what seems on even todays rough conditions, really decent prices, like 19.50, 19.40 or so given that the same stock used to trade at 25 or better recently. But the darn thing kept falling and made a new low below 19. Luckily enough, after a toilet visit the price started to improve.