I think WL has reached a bottom (+ I'm an idiot)...
On Oct. 13, 2010, I had a post I think WL has reached the bottom, in which I basically said WL might be a good pick for CAPS portfolio as I thought WL's $7.35 price was the real bottom for that stock (after going down for months).
A few days later, when WL jumped had an 20% intra-day jump, I was pretty sure I made the right call.
Well, WL reported the earnings (losses) this morning and is down 44% (and the market is up - imagine what would happen if we had a negative 200 points day on the DOW today).
Dear Fools, I have nothing other to say to you but I'M AN IDIOT. Yes, I' am, and I apologize for my stupidity. I feel like crap. A-complete-moron kinda feeling.
I think it's time for me to shut up for a while (maybe forever?) with these "bottom calls". I'm just no good at that stuff.
Sorry, once again.
I hope some of you have learned a valuable lesson - never listen to idiots on the internet.