StockFetcher Forums · General Discussion · Catching falling knives<< >>Post Follow-up
dwiggains
370 posts
msg #67095
Ignore dwiggains
9/9/2008 9:03:57 AM

Purchased 5500 shares of FRE at $9 a couple of weeks ago.
OUCH!

See ya
David

killerdude
32 posts
msg #67121
Ignore killerdude
9/9/2008 10:57:43 PM

It was a great pick!

what screen did you use to pick it??

thanks

Dood

stocktrader
293 posts
msg #67123
Ignore stocktrader
9/9/2008 11:39:52 PM

Where was your stop? I see it gapped down on the 8th.

mystiq
650 posts
msg #67127
Ignore mystiq
9/10/2008 4:26:21 AM

Great- but u should have averaged down, or retained profits with this VOLATILE stock right now...but be ready to pick it up again..but i do recommend options to best leverage your new-hopefully not lost- profit.

dwiggains
370 posts
msg #67132
Ignore dwiggains
9/10/2008 8:27:47 AM

This was one of the stocks I picked for long term dividends.
I had planned to be in this stock for a few years.
I use two brokers one for long term investments and one for trading.
I did not use a stop. Big mistake.
I purchased after the Feds said that both Fannie and Freddie Mac would have access to Fed funds.

See ya
David

petrolpeter
439 posts
msg #67143
Ignore petrolpeter
9/10/2008 2:01:29 PM

$.84

johnpaulca
10,087 posts
msg #67145
Ignore johnpaulca
9/10/2008 3:26:17 PM

I gonna get some probably around 50 cents and leave there for the next twenty years. I am doing the same with home builders(up >50%) and later on with financial...buy at extreme lows and sell at high...lol.

maxreturn
745 posts
msg #67146
Ignore maxreturn
9/10/2008 4:03:20 PM

Geez, the title says it all. Very low probability game guys. Good luck!

MoneyFetcher
22 posts
msg #67147
Ignore MoneyFetcher
9/10/2008 4:41:04 PM

Oh My!!!

That knife is sharp!



mystiq
650 posts
msg #67155
Ignore mystiq
9/11/2008 3:06:00 AM

Jp-

..i like $0.50 too for a pickup...and eyeing financials too...

StockFetcher Forums · General Discussion · Catching falling knives<< >>Post Follow-up

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