Do I take the hit on ABK?

Discussion in 'Stocks' started by pumpanddumper, Mar 7, 2008.

  1. I made a few trades on this over the last few months. 4 out of 5 good.

    I jumped back in yesterday at 7.68. Took a chance again for one last pump. This deal is bad and just means dilution. Do I just take about a 2k loss at 7.65 and wash my hands clean?

    This sucks.
  2. Uh you're 3 pennies out of the money and down 2k? So each penny ABK moves is $666? You have the cajones to buy 66k shares of this thing and then need to come on elite and ask if you should take a 3 penny loss? LOL!

    Something makes me think those 66K shares are on the sim account.
  3. I meant 6.75. Simulation I wish.:(