Discussion in 'Trading' started by gwac, Sep 16, 2008.
Check it out
Classic case of sell first and ask questions later. I grabbed 3 points but could have had 10+ had I found a news release to explain what was happening and didn't bail out early. CEG has a $150M credit line from Lehman but it's small compared to their overall liquidity.
I cant gamble/play news like that..and fk it was frustrating watching something move 80 or so points in 90 mins.
you can frikkin retire off that...almost
I chickened out, couldn't pull the trigger...Damn
i trade capitulation style ..had 5k shares ... scaling in ..went almost 3 points in my face .. ended up getting out with a point ...then it ran 10 more !! oh man !!
Did you find it with a scanner?
Damn you got balls! I admit I pussied out, and I trade highly volatile stocks regularly. Sat and watched it go from 17 to 32. And I almost went long at 32!
Thank god because it pulled back to 20 before rallying back to 40.
I would have got slammed.
Glad you made a point, I'll stick with my COAL stocks...lol
It was all over CNBC
At least thats how I found it...must have missed it on my high/lows
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