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SJAmes6621...
Jan 11 20:48 pm
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All Comments by sl62 »Circuit City's Potential Buyers Offer Hope for Sirius Investors [View article]
I'm curious...you said you made a wise decision not to buy CCTYQ @ .10. They closed @ .305 on Friday, just up .14. Probably on this news Tyler is reporting. But I've been tracking the stock..they went into the Pinks @ .06 (typical BK price for most common I've witnessed over the years) then jacked to .30 a few days later with the short unwind (also very typical). If you were in then, that was the out... but since then, they have actually maintained at about .15. Then Friday they shot up again on the news. If you were looking at .10/.12...Oh, I just realized you said 1000 shares. Yes... a play like that requires at least 10K+ shares to make something worthwhile. But as such, it's not a bad VERY short-term play in similar situations. .30 is very common before it may then just pull back for good. Sorry..nevermind...I answered my own question to you.