posted
ART'S PICKS - OVERSOLD STOCKS THAT COULD MOVE UP SOON
May have to hold for more than a week to get benefit. Listed at interest price for buy consideration. Low interest price means the price is above recent support and may well drop to that support point. Actual buy price will depend on stock behavior and market conditions at the time of buying. Check news, etc. before buying.
2/17
ABMC 1.3
DIO .18
ISIG 2.35
ITMN 18.25
MDCC 18.45
TFS 4.55
TWTI 3.55
mryj2000
posted
I have followed TFS recently.
I almost prepare to get in at 4.8 leverl last week. But later I quit it. One friend familiar with this industry told me their technology is history already(too old). But this stock still have technical trading meaning. Since insider have option trading at 4. I think there should be a chance recently.
[This message has been edited by mryj2000 (edited February 14, 2004).]
cool1sh
posted
Art, I am a very new member, this is my first post. I have made some money using your pciks in the past. A big thanks. I own CC (bought at 9.11 now at around 11) and RSTN (bought at 1.02 now at around 2). Did they reach the exit point or have potential to go up? By the way these are my own picks -- Cool
Art
posted
I would get out immediately - take the money and run - if I owned them.
CC looks to be leveling off.
RSTN had a big upswing, but showed PM weakness on Friday.
Not to say they both couldn't double in 2 months - just very, very unlikely.
tasharruf
posted
Hi Art, I am a fairly new member and have been reading your posts, they are very interesting. I have couple of questions though: 1) what is generally the profit % that you aim for approx, or does it vary greatly from stock to stock
2) I am confused about the stop loss prices. I have heard too many times that once you put the stop losses, the stock will be manipulated so that it will reach that price and then shoot right back up? what is your input on this.
Also what do you think about CDED (got from stockprowler), I am in @0.85, just wanted to know your thoughts. thanks
Art
posted
quote:Originally posted by tasharruf: 1) what is generally the profit % that you aim for approx, or does it vary greatly from stock to stock
2) I am confused about the stop loss prices. I have heard too many times that once you put the stop losses, the stock will be manipulated so that it will reach that price and then shoot right back up? what is your input on this.
Also what do you think about CDED (got from stockprowler), I am in @0.85, just wanted to know your thoughts. thanks
quote:Originally posted by tasharruf: Hi Art, 1) what is generally the profit % that you aim for approx, or does it vary greatly from stock to stock
2) I am confused about the stop loss prices. I have heard too many times that once you put the stop losses, the stock will be manipulated so that it will reach that price and then shoot right back up? what is your input on this.
Also what do you think about CDED (got from stockprowler), I am in @0.85, just wanted to know your thoughts. thanks
I aim for profit that is near or above resistance levels. If good news breaks, I wait until a breakout from previous resistance occurs.
I do not use stop losses but wait until the price rebounds. I do get out after a loss when no rebound is in sight.
A cluster of stop losses is an invitation for a sell of and then buy back at the low stop loss price, by brokerage houses and market makers that have this info.