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Technology Stocks : Apple Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Lahcim Leinad who wrote (132841)5/2/2012 5:37:13 PM
From: Stock Puppy1 Recommendation  Read Replies (1) | Respond to of 213176
 
I guess no more playing games with LMQT stock,

word to the hood.



To: Lahcim Leinad who wrote (132841)5/2/2012 5:58:50 PM
From: Doren1 Recommendation  Read Replies (2) | Respond to of 213176
 
Perhaps. Of course its going up and down, but judging from the number of longs joining the fray its developing a base that is rising under the feverish day traders. BofA bought 5.5% as well as Visser who bought or owns a similar amount.

I don't anticipate it going lower than my basis in any case. I bought into Apple as an investor but at the moment I consider myself a speculator in LQMT. As I've said I expect it to easily exceed $1 if Apple announces an LM iPhone or Nano. Of course all of that will be based on ignorance I hope to make a profit off. I will probably sell then when the irrational trading subsides invest in it as a long term play.

Have you caught any highs or lows lately and punished anyone who guessed wrong? There were two pretty good highs in the last two weeks above 55, one low at 30 and todays close at 45.

Heck you could have bought at the close today and possibly sold at a 10% profit almost immediately:

nasdaq.com