I feel that WCOM should have hit it's bottom this morning but I am concerned that the enormous volume of the day helped support a price that will not hold when the volume tapers off over the next few days. On the other hand, has this stock become a daytraders play toy and the volume will stay high and price volatile for days to come?
Price action on WCOM really not looking all that bullish, through my eyes at least. I'll hold off on my re-entry for now. Of course, that being said, WCOM can now commence walking up to the 3 level....g JWest
I personally love the action today. Massive volume on a nice fat base. I was up to 75k shares at one point today. I whittled that down to 55k for the overnight, but over 1.4, and I may go to par on it. I really feel confident that we'll be over 2. I also recommend the june 2.5 calls at 15c each. Good luck guys. I think we're starting to see the flippers bail into stronger hands. Stop at 1.1 now.
boy, you so whipped... WCOM has cast a spell over the Praetorian Guard Ceaser beware, I doth sense Brutus approaching, (Shake The Spear wrote "cry havoc, and let slip the dogs of wrath" or was that General Zorkin (Star Trek - Search for the Undiscovered Country)? (hope it works out profitably)
postponed their care-holder meeting significant technical sell signal, dropped the stock .02 boy, paint dries faster, hey, what's Pristine saying? (heheheh)
Sold it all today and then bought it back a nickle higher. I made 3k net on my first wcom attempt. I'm gonna play smaller this time. I have only 35k shares.