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Author Topic: ADST Good Swing Play
Kevin Bailey
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Charts showing ADST is in a serious up-trend. Broke through resistance, pulled back from $1.60, now is getting ready to rocket again. I'm in at $1.49, but they're now asking $1.57 for it, which I still consider a steal. Possibility of a big runner.

5 day target: $1.75
20 day target: $2.10
3 month target: $3.00

I rarely stay in stocks longer than 20 days, and almost never stay in any stock longer than 3 months. I've done so only twice.

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"Entrepreneurship is the last refuge of the trouble making individual."

~ Mason Cooley ~

Posts: 1470 | From: Fort Worth, TX | Registered: Sep 2003  |  IP: Logged | Report this post to a Moderator
Kevin Bailey
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When this one moves, it'll be too late.

--------------------
"Entrepreneurship is the last refuge of the trouble making individual."

~ Mason Cooley ~

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Kevin Bailey
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It's ticking up already. Resistance at 1.49-1.50, with support at 1.48 (judging by the Level II quotes). If it breaks through resistance, it could run relatively easily up to 1.69 before meeting further--and significant--resistance there.

--------------------
"Entrepreneurship is the last refuge of the trouble making individual."

~ Mason Cooley ~

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Kevin Bailey
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I had forgotten how in love the people on this board are with POS stocks like CSHD. Real stocks, with real potential just aren't as interesting, I guess. Have fun with that.

--------------------
"Entrepreneurship is the last refuge of the trouble making individual."

~ Mason Cooley ~

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Kevin Bailey
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Up to 1.50 ...

Passed right through 1.49 ...

Could run today.

--------------------
"Entrepreneurship is the last refuge of the trouble making individual."

~ Mason Cooley ~

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Kevin Bailey
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Just sold for 1.59 ...

MMs are asking 1.54 for it, though. Still at good prices. Low enough volume that it won't take much to really make this one run.

--------------------
"Entrepreneurship is the last refuge of the trouble making individual."

~ Mason Cooley ~

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Kevin Bailey
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Very volatile. B/A back down to 1.48/1.49

--------------------
"Entrepreneurship is the last refuge of the trouble making individual."

~ Mason Cooley ~

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Kevin Bailey
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Didn't mean that I sold at 1.59, just that the stock had sold for that price. Sorry for any misunderstanding. I'm in at 1.47, with the targets I identified previously. Haven't decided yet whether to make this a 5-day play, or a 20-day play.

--------------------
"Entrepreneurship is the last refuge of the trouble making individual."

~ Mason Cooley ~

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Kevin Bailey
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Just thought I'd update. Closed at $1.52 (up 5%)today, on below average trading. This stock has thin enough trading that once it begins a big move, it will fly.

--------------------
"Entrepreneurship is the last refuge of the trouble making individual."

~ Mason Cooley ~

Posts: 1470 | From: Fort Worth, TX | Registered: Sep 2003  |  IP: Logged | Report this post to a Moderator
   

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