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Tma
Old 03-14-2008, 12:52 PM   #1
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Tma

When TMA hit $1.00 the other day, I decided to buy some for my very aggressive clients.

I got out at $2.00, because I still don't know what's going to happen......

I see it's up today again, but the storm is not over. It was one of those gut feelings on a potential bounce.

The other guys in my office own it at $20, so I feel a little better..........

It certainly isn't a long-term holding for me........
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Old 03-14-2008, 12:54 PM   #2
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unlike you, i like to sleep at night
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Old 03-14-2008, 01:18 PM   #3
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unlike you, i like to sleep at night
He sleeps well, it's not his money.
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Old 03-14-2008, 02:40 PM   #4
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Well the dividend yield is still over 40%... Me thinks that you won't collect many of those dividend payments. But then I got a dividend check from Countrywide so who knows
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Old 03-14-2008, 02:51 PM   #5
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When TMA hit $1.00 the other day, I decided to buy some for my very aggressive clients.

I got out at $2.00, because I still don't know what's going to happen......
That is why I am not too fond of these kinds of specs. You go in thinking "Wow, this is really cheap! You get a quick double, and then you decide, "Hey, this is pretty good I really can't know what is happening here, I'll sell."

So what have you done- you have taken a double or nothing bet- on something that you really know nothing about. Who knows what the true expectation of this bet is?

This is not to criticize you- I have done the same thing more often than I want to go into. But overall, I think it isn't a good bet.

Ha
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Old 03-14-2008, 03:30 PM   #6
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Oops, I thought this topic was "T & A"...

Nevermind...
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Old 03-14-2008, 03:42 PM   #7
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Oops, I thought this topic was "T & A"...

Nevermind...
Nope; that one is here

Men who do housework may get more sex
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Old 03-15-2008, 05:24 PM   #8
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I have to give them credit...anything with "mortgage" in its name and still has a pulse is some accomplishment...
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Old 03-15-2008, 11:37 PM   #9
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That is why I am not too fond of these kinds of specs. You go in thinking "Wow, this is really cheap! You get a quick double, and then you decide, "Hey, this is pretty good I really can't know what is happening here, I'll sell."
I think I mentioned it was done for a few very aggressive clients. Besides, I watch about 100 stocks everyday for my portfolios, and have been monitoring Thornburg for over a year.

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So what have you done- you have taken a double or nothing bet- on something that you really know nothing about. Who knows what the true expectation of this bet is?

This is not to criticize you- I have done the same thing more often than I want to go into. But overall, I think it isn't a good bet.Ha
I'm out of all my positions, it purely was a momentum play, and I could have been dead wrong, I have been before.
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Old 03-15-2008, 11:38 PM   #10
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unlike you, i like to sleep at night
How are you sleeping these days??
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Old 03-15-2008, 11:39 PM   #11
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He sleeps well, it's not his money.
Yeah, my C and JPM personal holdings have been just awesome...........
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Old 03-16-2008, 07:22 AM   #12
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How are you sleeping these days??
just fine

pretty much everything is in cash except for some play money to short the market. got a little emotional this week but i didn't sell my shorts because i still think the market is going down. looking at the charts a few days ago made me think so. same thing happened before the january lows
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Old 03-17-2008, 09:21 AM   #13
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Nothing wrong with trying to pick up a little bit of oversold stock for aggressive clients.
I made quite a bit of money on AMR around $2 and HLS (then HLSH)at 30 cents.
TMA does nothing for me, but BSC looks pretty interesting here....again, in small doses and for the right people. JMO.
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Old 03-17-2008, 09:27 AM   #14
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Nothing wrong with trying to pick up a little bit of oversold stock for aggressive clients.
I made quite a bit of money on AMR around $2 and HLS (then HLSH)at 30 cents.
TMA does nothing for me, but BSC looks pretty interesting here....again, in small doses and for the right people. JMO.
I guess I deserve to get chastised from the crowd on here because I didn't stay in TMA long enough to lose money...........
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Old 06-03-2008, 02:41 PM   #15
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I just have this weird feeling that TMA is worth throwing a couple thousand at right now. Currently .79
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Old 06-08-2008, 10:18 AM   #16
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I just have this weird feeling that TMA is worth throwing a couple thousand at right now. Currently .79

i used to know someone who used to make fun of people every time he thought they were wasting money.

he would offer to kick your ass for half the amount and call it even

where is the value in TMA? they are nothing more than a middle man
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Old 06-16-2008, 08:55 AM   #17
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The value in TMA is that all the bad news is already out there. So anything positive in any way should cause at least a short term spike. I've seen stranger things.
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Old 06-17-2008, 09:22 AM   #18
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how do you know all the bad news is out there? they could always go belly up
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Old 06-17-2008, 10:44 AM   #19
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Are you looking for guarantees? The stock's not going belly up over night. So, your upside is a whole lot higher than your downside. Set a stop loss on it if it makes you feel better. I did mention throwing only a couple thousand at it. If you can't afford to lose this, then you are better off staying away. Don't buy a penny stock with the idea of getting rich.
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Old 06-19-2008, 08:47 AM   #20
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Well that didn't work out as hoped.
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