RMBS next stop 22

[chinaman711]

Looking real strong going into the close

[meth]

how long are you going to hold this for. the news looks good, and looks like it should be good for another 10% tomorrow. how long are you gunna play this?

[cryder17]

hehe look at china's numerical incline postings GO!! i popped in at 20.36, if it hits 22 im out like a fat kid in dodge ball.

[meth]

hehe look at china's numerical incline postings GO!! i popped in at 20.36, if it hits 22 im out like a fat kid in dodge ball.

hahahha, i jumped in too. :( @ 20.50.

i want to at least see what happens tomorrow as i am prepared to take a small loss. but as of right now, that looks like it might now happen.

[chinaman711]

All depends on the news that will be out on the court case. If the news is good rmbs could run to 25 imo and real good news and any settlements with some of the 20 companys they are taking to court could take rmbs to 30. JMHO

[discrat]

WOW, you guys are some real gunslingers. This thing could go BIG either way. Not sure why in the heck anyone would get in at $20.50 after appreciating over $5 today and hold overnight...........
Thats unbelievable !!! 8O

Shoot if you want take on the big risk of getting rid of big money that quick, I will be glad to take it off your hands for you at anytime :wink:

[meth]

WOW, you guys are some real gunslingers. This thing could go BIG either way. Not sure why in the heck anyone would get in at $20.50 after appreciating over $5 today and hold overnight...........
Thats unbelievable !!! 8O

Shoot if you want take on the big risk of getting rid of big money that quick, I will be glad to take it off your hands for you at anytime :wink:


i would call myself stupid before calling myself a gunslinger :wink:. i do set a modest goal of a 3% gain for the week. i am just a newb at all this. i saw that i could achieve my 3% and i have, so AH numbers look good i may dump it tomorrow with my modest gain.

so 400 shares @ 20.50. tomorrow 400 @ 22.20 = $680 in the morning. it was worth the gamble, i didn't see any sign of it reversing direction for the next day or so, so i rolled the dice. i'm still learning this game from you guys.

made a little chunk of change off EFUT so i was willing to gamble on this and was prepared to take a loss if that was the case. so, now i am off to barnes and nobles to go read some books.

cheers.

[chinaman711]

Discrat--For those of us that have been holding, adding and trading RMBS 20.50 is still cheap. Look at the 1 year chart rmbs is still down over 50% and were still waiting on the news of a settlement that may take another 60 days. Good luck and hope to see 30 again someday and alot more long term.

[discrat]

You guys are looking good today ! So much for my expertise in stock trading :lol:
Especially if this MArket gets positive later in day that $30 looks to be more and more realistic. Good call meth , but you all still be careful !!

[chinaman711]

RMBS a great stock to trade and last time it was hot it ran about 9 points before falling back. Market looks weak today but if we get a rally RMBS needs to close above 22 or im out. Sold 1/2 this morning : ) Good luck

[chinaman711]

Back in rmbs as it is coming back on volume.

[chinaman711]

RMBS up .55 in pre market looks to try 22 again. Hope to see a steady move higher as it gets closer to jan news from the courts.

[Damon]

Blew past $22 this morning and up to $23 for a minute or os. Currently $22.75 & I'm up 35% on my shares. Anyone else own this one or still following it?

[chinaman711]

Yep im still in too and imo it could rally into the jan news that is coming.