STOCKS TO WATCH
TI, Hewlett-Packard, CBI
By CBS MarketWatch
Last Update: 2:44 PM ET June 5, 2004 [ Page 1 | 2 ]
well I didnt list any prices thought I would edit this to add. These will USUALLY be a 10% loss stop or a 5 minute to a week hold.
Earnings reports remain sparse next week, with pre-announcements gaining focus.
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Texas Instruments (TXN: news, chart, profile) and Mattel (MAT: news, chart, profile) present midquarter pictures Monday, Hewlett-Packard (HPQ: news, chart, profile) updates analysts Tuesday, Brocade Communications (BRCD: news, chart, profile) and Xilinx (XLNX: news, chart, profile) talk to the Street on Wednesday with EMC (EMC: news, chart, profile) and Anadarko (APC: news, chart, profile) presenting midquarter previews Thursday. Shifting to the bottom line, H&R Block (HRB: news, chart, profile), Net2Phone (NTOP: news, chart, profile) and Smithfield Foods report Wednesday. National Semiconductor (NSM: news, chart, profile) is on Thursday's calendar.
Two weekend medical conferences on cancer and diabetes were presented with a number of drug trial results. See full story.
Alliance Pharmaceutical (ALLP: news, chart, profile), which develops drugs and medical imaging products, said late Friday that it privately placed about 31.4 million shares, with proceeds of about $11 million. Purchasers also will receive warrants for about 23.6 million shares at an exercise price of 50 cents a share. Ahead of the transaction, Alliance had about 28 million common shares outstanding with a market capitalization of about $11.6 million.
Atlantic Coast Airlines (ACAI: news, chart, profile), a Virginia-based regional carrier, said late Friday that its May traffic decreased 4.3 percent from the year-earlier month with a 2.4 percent decrease in available seats. The load factor, a measure of how full planes are, was down 1.4 percentage points.
Briggs & Stratton (BGG: news, chart, profile), a maker of small engines, had its credit rating confirmed by Moody's, affecting $350 million of debt, after Briggs announced a $227 million cash purchase of Simplicity Manufacturing. Moody's said the company's market-segment leadership and strong cash position mean it will not be strained by the purchase since no additional debt is incurred.
Chalone Wine Group (CHLN: news, chart, profile), a Napa Valley, Calif., vintner, said late Friday it hired Thomas Weisel Partners as a financial adviser to help its board evaluate a $9.25 a share cash acquisition offer by Domaine Barons de Rothschild.
Chicago Bridge & Iron (CBI: news, chart, profile), an engineering and construction company, said late Friday that losses on two projects forced it to cut its second-quarter earnings outlook. Earnings per share are now expected in a range of 7 to 10 cents, down from 36 to 39 cents previously expected. For the year, CBI expects $1.27 to $1.32, down from $1.57 to $1.62. A project in Saudi Arabia is hurt by recent turmoil and instability, CBI said. In a North American project, a contractor's bankruptcy is forcing CBI to complete a project with its own workers in a sped-up operation. See full story.
Constellation Energy Group (CEG: news, chart, profile), a utility that also is an energy trader, is succeeding in an area where Enron flopped, says Barron's. The company pulls in 73 percent of revenue from wholesaling energy, and Barron's likes its avoidance of the wheeler-dealer culture that sank Enron. Traders are focused on matching supply to orders, then using hedges to lock in small profit, says Barron's in describing the company's Baltimore operation. A credit downgrade in March by Standard & Poor's still considered the trading operations risky, Barron's notes.
Diebold (DBD: news, chart, profile), which makes electronic voting equipment, has barred top executives from making political contributions or participating in any political activities other than voting, according to a filing late Friday. See full story.
Electronic Arts (ERTS: news, chart, profile), the largest publisher of video games, said it expects to cut 117 jobs in its fiscal first quarter as a result of a studio restructuring, according to a filing Friday with the U.S. Securities and Exchange Commission. See full story.
Eyetech Pharmaceuticals (EYET: news, chart, profile) is one of the biotech companies noted by Alan Abelson in his Barron's column that has a lot of outstanding shares leaving lockup soon. In passing along information and a commendation of Merrill Lynch's new Bio-Stats publication, Abelson also notes large lockup expirations for Renvois (RNVS: news, chart, profile), Corgentech (CGTK: news, chart, profile) and Dynavax Technologies (DVAX: news, chart, profile).
Famous Dave's (DAVE: news, chart, profile), a barbecue restaurant chain, said late Friday that it repurchased 200,000 shares from its founder and former chairman, Dave Anderson, at $7.80 per share, below the day's $8.22 closing price.
Foot Locker (FL: news, chart, profile), a sports gear retailer, said late Friday that all holders of 5.5 percent convertible notes are exchanging them for common shares at $15.806 a share. Earnings per share will not be diluted, Foot Locker said, because it has been including the potential increase in its share count.
Greene County Bancshares (GCBS: news, chart, profile), a Tennessee-based bank holding company, said late Friday that its board approved an increase in the stock buyback authorization to $5 million, up from $2 million.
Honeywell (HON: news, chart, profile), the manufacturing conglomerate, said late Friday it reached a $100 million agreement to settle litigation filed by shareholders against the company and three of its former directors. See full story.
LaBranche (LAB: news, chart, profile), one of the New York Stock Exchange market-making specialists, faces more that regulatory problems, says Barron's. Competition from Nasdaq and other electronic exchanges could bite deeply if an SEC proposal changes trading rules. A regulatory settlement with the SEC and NYSE is settled, but private suits could still surface. One positive factor, in Barron's appraisal, would be a volatile stock market that lifts LaBranche's earnings
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Einsteins 8th wonder of the world was the power of multiplication
[This message has been edited by ChrisNC (edited June 06, 2004).]
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Einsteins 8th wonder of the world was the power of multiplication
Okay I know the ones are a little high for the group they were safer okay here is the riskier ones
ALAN-buy below 1.15 sell above 1.25
CESY-(super risky)try to get in at .0011 and sell at .0013 or higher
AFRT- kust playing you could just send money to me instead of buying it
RNKE-not sure if its a day trade but at yr support buy at or below .0042 sell above .0052
TFCT- hope most of everyone on here is free in it by now but if it dips hard say back in .07s buy
FGWC- if this goes back at .02 grab some up
DVPC-isnt a day but could be a bottom bouncer .07 wait on upturn
EESI-.045 would be a nice buy but you may find yourself averaging down see 5month chart
GTEL- nice one to day trade usually has a .005 to a .02 variance call it as you see it I think .09 is a nice buy and .08 is a stronger buy and so forth
GZFX-below .10
QBID-.01 and below
VRMD-.02 nice swinger right now
CDED-.03 golden maybe a second swing
ASPC-last 4 months has went to .04 to .06
PMSI-would be a good one at 5.00
IESV-buy at .04 super buy below that
AVCA-buy around 1.30 sell 1.90s
WLFI-if it ever reaches .10 buy Ive been waiting a while on it
FMLY-buy .09 and sell .11 this could run with movie sells coming up
VRA-well im hoping on a bounce bought at .15
BOCX-made alot with them this yr I think once they get back on otcbb will regain 3.00 only question is finding a entery on this downtrend they have begun. Id say get half around 1.00 and other half down the road maybe .70 just a thought.
ONEV-lots of daytrading going on here. Follow the trends in 1 minute incriments a 1 to 3 cent roll isnt unlikely here. Where will they consoldate at last run .01 to .16 went to a low of .079 maybe .08 to .22 will go to .15 that is if pattern repeats over its a 50% retrace history. if we go 25% like now its better for the longs so best advice is go long and try to trade in day as well. I replaced some of shares today between .15 and .16 using this forumla. find out tomorrow if I did wrong lol. Sold .20 to .21 as well. So go past .15 isnt to bad. Just have to buy more .
Last one is hlnr we have a analysts saying 2.00 and 3 more places opening this yr. The biggest one yet is this month and a pr the following monday like last time reporting their grand opening sales. Till hanging on 1.00 target that I made. i bought at .20 .152 and .13 next buy at .10. I like entertainment stocks go figure.
Okay enough for tonight I hope if someone sees something on here they have info on they would post on it. not all are day trades ones with buy xxx and sell xxx are suppose to be
note anything can be day traded is volume is up and trend is established just dont get pigish on gains. On these are my recommendations Im not your broker and your not paying me 10% of your port to manage so choose through these or skip them over. Just playing yall I hope someone does well on one of these. Everything on here is my opinion and should be taken that way.
Another one Im in is doing well ran yesterday GLGS someone recommended to me from this board and wanted to stay anyamous but thank you very much. Pass the word a analyst has posted a target of 2.00 and some change I read that on allstocks I beleive
Good luck in market tomorrow
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Einsteins 8th wonder of the world was the power of multiplication
The longs can be appreciated now-widway makes some of the best titles on the market
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Einsteins 8th wonder of the world was the power of multiplication
quote:
Originally posted by ChrisNC:
MWY burning tracs as well this is a full pick to me but can be daytraded with ease as wellThe longs can be appreciated now-widway makes some of the best titles on the market
viacom owner may want to take this one private!
Hello all ... I am new to trading penny stocks and I was hoping I could get some feed back on investment strategy.
My first trade I bought Qbid at .0044 and I still hold all of it but I am thinking of selling half?
My second trade I bought CMKX at .0001 and sold half at .0002 to get "free shares" but now I wish I had held longer.
Then I bought WNMI at .01 and sold at .006
Now I bought GZFX witch I am holding
and TFCT that has almost doubled.
I have no clue on what to due
1.when should I sell a loser (based on % lost) or should I cost adverage down?
2. Should I always for 100% gain and sell 1/2 my shares and ride "free shares" or should I sell after a 50% increase and sell 75% or should I hold?
Something that is like Qbid that has calmed down ..should I sell it all and look for another? Or sell 1/2 and if I do that when do I sell the free shares?
any comments would be helpfull or if anyone knows of a good book with some strategies that would be great too.
I know that each stock is different and that you are always going to second guess yourself but I was just looking for some good advice/rule oif thumb that I might go by while I am starting out
Thanks
Paul
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Aaron
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Einsteins 8th wonder of the world was the power of multiplication
Thanks for the insight. Sounds like I have some homework to do. I have been trading for a while just not penny stocks or even "short" term positions, just Dow and Naz stocks looking at fundementals and value plays.I never really cared what the stocks did during the day and the only charts I looked at are 6-12-24 months. I guess the attraction of making a huge % increase in a sock in a small amount of time has kinda got me hooked. I will definatily take your advice and I appreciate you taking your time to ansewer some questions. I hope to see you on the threads?(I guess that is the posts) This message board thing needs spell check.
Thanks Again,
Paul
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Einsteins 8th wonder of the world was the power of multiplication
ALAN-buy below 1.15 sell above 1.25
check 1.15 to 1.29 then 1.16 to 1.24 then 1.15 to well never started back down 1.39 lloking on exit shave a penny or 2 off everything to get real numbers (low highs)
CESY-(super risky)try to get in at .0011 and sell at .0013 or higher
did not fill followed the pattern but ???
AFRT- kust playing you could just send money to me instead of buying it
No one sent me a check but it did lose .0005
RNKE-not sure if its a day trade but at yr support buy at or below .0042 sell above .0052
again touched the .0042 did not fill
TFCT- hope most of everyone on here is free in it by now but if it dips hard say back in .07s buy
didnt hit .07s but some profit taking did take place
FGWC- if this goes back at .02 grab some up
their hype is slowing down so maybe the .02 will come
DVPC-isnt a day but could be a bottom bouncer .07 wait on upturn
What do you know it bounced at .07 back to .09 maybe it will reverse watching close
EESI-.045 would be a nice buy but you may find yourself averaging down see 5month chart
eesi coming home .045 and below
GTEL- nice one to day trade usually has a .005 to a .02 variance call it as you see it I think .09 is a nice buy and .08 is a stronger buy and so forth
GZFX-below .10
blow for anyone who didnt set up 2 weeks ago
rest of us saw between 75 to 40% return
QBID-.01 and below
havent been able to touch my darling
VRMD-.02 nice swinger right now
Hit .02 .019
CDED-.03 golden maybe a second swing
touched with no fills
ASPC-last 4 months has went to .04 to .06
no .04 yet
PMSI-would be a good one at 5.00
no 5.00s this week but did run nice gaps in the high to low for real daytrading
IESV-buy at .04 super buy below that
no coming here
AVCA-buy around 1.30 sell 1.90s
nope maybe this will progress to 1.40 to 2.00
WLFI-if it ever reaches .10 buy Ive been waiting a while on it
still working its way here
FMLY-buy .09 and sell .11 this could run with movie sells coming up
no fun here either mid .09s to low .10s but no play for me
VRA-well im hoping on a bounce bought at .15
coming along slowly
BOCX-made alot with them this yr I think once they get back on otcbb will regain 3.00 only question is finding a entery on this downtrend they have begun. Id say get half around 1.00 and other half down the road maybe .70 just a thought.
well the 1.00 part came true. then went to .80 instead of .70
ONEV-lots of daytrading going on here. Follow the trends in 1 minute incriments a 1 to 3 cent roll isnt unlikely here. Where will they consoldate at last run .01 to .16 went to a low of .079 maybe .08 to .22 will go to .15 that is if pattern repeats over its a 50% retrace history. if we go 25% like now its better for the longs so best advice is go long and try to trade in day as well. I replaced some of shares today between .15 and .16 using this forumla. find out tomorrow if I did wrong lol. Sold .20 to .21 as well. So go past .15 isnt to bad. Just have to buy more .
still working to .15
Last one is hlnr we have a analysts saying 2.00 and 3 more places opening this yr. The biggest one yet is this month and a pr the following monday like last time reporting their grand opening sales. Till hanging on 1.00 target that I made. i bought at .20 .152 and .13 next buy at .10. I like entertainment stocks go figure
Still dragging along
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Einsteins 8th wonder of the world was the power of multiplication
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Einsteins 8th wonder of the world was the power of multiplication
quote:
Originally posted by ChrisNC:
Well time for some big stocks that are a safe 20+% try for some of these enteries
Insiders buying these so chances are up
fst-24.52
gtk-52.00
mxre-19.80
abcb-19.80
trmm-12.80
enn-8.73
antp-5.40
cvg-15.00
lxbk-15.80
sunh-8.60
bz-8.43
kkd-21.60
bft-4.65
amkr-8.90
adlr-12.40
cc-12.99
nabc-14.00
pwer-10.00
caq-5.40
oca-7.50
epd-21.00
hos-12.00
Always cut your losers fast and replace them
Wanted to look over progress been spending more time with these than small ones temporily.Number will be picked price then high since picked then now price
fst-24.52 27.84 27.32
gtk-52.00 53.69 43.19
mxre-19.80 19.95 19.01
abcb-19.80 20.76 20.09
trmm-12.80 17.00 16.44
enn-8.73 9.50 9.02
antp-5.40 5.69 4.28 (watching this one for reentry
cvg-15.00 15.54 13.9 (same)
lxbk-15.80 16.55 16.48
sunh-8.60 9.88 8.41
bz-8.43 9.00 8.38
kkd-21.60 21.14 17.43
bft-4.65 5.19 4.99
amkr-8.90 9.05 5.36
adlr-12.40 13.00 11.84 (daytraders dream)
cc-12.99 13.35 12.49
nabc-14.00 14.60 14.07
pwer-10.00 11.17 9.77
caq-5.40 7.00 6.05
oca-7.50 8.33 7.66
epd-21.00 22.14 22.16
hos-12.00 13.40 13.06
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Einsteins 8th wonder of the world was the power of multiplication