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I've been watching this for a while.. was thinking this may happen. Got in today at .51 an .58! Made a bundle, but holding for a bit. I wanna see if the get financing over the weekend. If the avoid BK they are going to have a big bounce monday! Keeping my fingers crossed
posted
The deal is sealed!!! Buying more premarket! Getting a 3rd position. See alot of talk of market open prices all over the place from $2-$10... I'd be happy with $1. That would give me 106% with my positions right now. Ching ching!
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Nice play. I thought about it when i saw it tanked at .40.. but my money is in longs now, no speculative cash available otherwise i would've done the same.
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Well today was a little disappointing... sold half *1.31 to keep my original +some profit. Now holding another 2500 with a stop *70(pure profit) hoping this was just a shakedown! We already knew about the news that came out.. wtf!
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Tendered the deal with bondholders today! Up 18% after the halt at noon. Looking good for tomorrow with all the shorts trying to cover I hope! Could be a great week!!
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I had to wait until today to get out because I bought with unsettled trade funds. I'll see where it goes, right now I'm thinking out at 1.90-1.95
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