posted
So im managing my Dad's IRA here(cash account)...and i went to put in an order with scottrade, rushing end of day, so price changes and shares change, my first order it said i didnt have enough funds, so i just fiddled with the shares real quick till it didnt give me a problem, then i bought all the shares, and it shows negative money balance of $4.61...somehow I bought $4.61 worth more than I had in my account. What is scottrade going to do..?
bb money
posted
Nothing I have had the same thing happen with my scottrade account. For some reason it will let you trade as long as you have enough money to pay for the shares you are buying. Yet commision is $7, and I have had this happen where I used all my funds to get in and it shows a negative couple of dollars. It just stays that way till you sell something and evens your account up for you.
stocktrader22
posted
K thanks....i was loading up in HNAB in case you were interested lol..
bb money
posted
Chart looks good!! Should be nice on Monday
T e x
posted
quote:Originally posted by stocktrader22: K thanks....i was loading up in HNAB in case you were interested lol..
boy howdy...you're slick
stocktrader22
posted
Hahaha...might as well try to convert some of the penny men over to our side of the party.
T e x
posted
lol, you lost *me* this go' round
stocktrader22
posted
Based on your quote I thought you meant it was slick how I implemented my buy in this thread lol.
Machiavelli
posted
quote:Originally posted by bb money: Chart looks good!! Should be nice on Monday
except for today's rally.. there is nothing that good about this chart...
stocktrader22
posted
First I tend to disagree....bounced off almost oversold RSI...MACD is continuing to move up, slow stochastics cross, accumulation peaked up, CMF not positive, but on a positive divergence, OBV positive divergence peaking up and ADX about cross upwards. Look at EPCT today and the move it made from the same conference HNAB was at...let's take a gentleman's bet here...bet ya HNAB hits $2.55 before it hits $2.00 again...
Not to mention look at its pipeline and how it hit bottom and is now reversign the trend off the bottom..
T e x
posted
yikes...
lol, will check back when it's not so late... Sandman on me, bad
bb money
posted
quote:Originally posted by stocktrader22: First I tend to disagree....bounced off almost oversold RSI...MACD is continuing to move up, slow stochastics cross, accumulation peaked up, CMF not positive, but on a positive divergence, OBV positive divergence peaking up and ADX about cross upwards. Look at EPCT today and the move it made from the same conference HNAB was at...let's take a gentleman's bet here...bet ya HNAB hits $2.55 before it hits $2.00 again...
Not to mention look at its pipeline and how it hit bottom and is now reversign the trend off the bottom..
quote:Originally posted by stocktrader22: First I tend to disagree....bounced off almost oversold RSI...MACD is continuing to move up, slow stochastics cross, accumulation peaked up, CMF not positive, but on a positive divergence, OBV positive divergence peaking up and ADX about cross upwards. Look at EPCT today and the move it made from the same conference HNAB was at...let's take a gentleman's bet here...bet ya HNAB hits $2.55 before it hits $2.00 again...
Not to mention look at its pipeline and how it hit bottom and is now reversign the trend off the bottom..
No offense but you use way too many indicators and such (6 total if im correct?). There is a old saying: Paralysis of Analysis. But this is what I offer:
1. The rally on friday for this stock may of had to do with the overall stock market rally then anything else therefor could of been a false move.
2. History has shown RSI 50 tends to act as Resistance so don't be surprised if it gets close to it that it will not break through.
3. The Moving Averages are all lined down with 20 MA (the one's i use) being at the bottom, the 40 in the middle and 60 at top. These act as additional Resistances themselves.
4. Since about March 23 this company has nothing but bad news.
5. I'm not going to dispute that it could reach 2.50 because it is already close to it but right now it can go either way because this is a company in financial and other problems so it can sink on Monday or it could continue up simply because of the overall Market going up and/or the industry and it's index that this stock is in (Pharmaceutical) is in a uptrend since about Mid March.
Anyways let's see what happens... all I'm saying is if does go up it will only be temporarily and if you insist in being in this stock at least have a actual stop/loss or mental stop/loss just in case....
stocktrader22
posted
quote:Originally posted by Machiavelli:
quote:Originally posted by stocktrader22: First I tend to disagree....bounced off almost oversold RSI...MACD is continuing to move up, slow stochastics cross, accumulation peaked up, CMF not positive, but on a positive divergence, OBV positive divergence peaking up and ADX about cross upwards. Look at EPCT today and the move it made from the same conference HNAB was at...let's take a gentleman's bet here...bet ya HNAB hits $2.55 before it hits $2.00 again...
Not to mention look at its pipeline and how it hit bottom and is now reversign the trend off the bottom..
No offense but you use way too many indicators and such (6 total if im correct?). There is a old saying: Paralysis of Analysis. But this is what I offer:
1. The rally on friday for this stock may of had to do with the overall stock market rally then anything else therefor could of been a false move.
2. History has shown RSI 50 tends to act as Resistance so don't be surprised if it gets close to it that it will not break through.
3. The Moving Averages are all lined down with 20 MA (the one's i use) being at the bottom, the 40 in the middle and 60 at top. These act as additional Resistances themselves.
4. Since about March 23 this company has nothing but bad news.
5. I'm not going to dispute that it could reach 2.50 because it is already close to it but right now it can go either way because this is a company in financial and other problems so it can sink on Monday or it could continue up simply because of the overall Market going up and/or the industry and it's index that this stock is in (Pharmaceutical) is in a uptrend since about Mid March.
Anyways let's see what happens... all I'm saying is if does go up it will only be temporarily and if you insist in being in this stock at least have a actual stop/loss or mental stop/loss just in case....
Of course I know when to buy/sell...and if the news doesnt come out monday im not sticking around very long. but I do believe we will see a runup to $2.50-$2.60 in the early morning. With news this could really take off.
In terms of technicals, I looking at those 6 are not bad indicators, and they are all pointing towards positive, so its not like im using to many if they all look good right now.
12% move on a stock market rally...ehh thats too high percent wise. Its time for this to reverse its been shot down very hard from $12 to $2...its time a little value is put into this company. And just coming off from the AACR conference on the 18th...good news was probably presented there if I had to guess from the movement.
Never said this is going to the moon, but I got in at $2.00 and $2.27, If it gets great news we could see $3+, if not I will probably be able to get $2.50+ out of it.
With the volume and momentum it had, I'd be very surprise to see this start the day going down. Often times more than not when a stock closes nicely on lots of volume and momo it will continue.
Haven't you heard of buying companies when they are beaten down and no one wants them. Thats the best time, gives you the best risk vs reward.
Machiavelli
posted
touch or go with this one today so far... from 2.40 at opening bell to 2.23 as of 1:15 EST....
stocktrader22
posted
quote:Originally posted by Machiavelli: touch or go with this one today so far... from 2.40 at opening bell to 2.23 as of 1:15 EST....
LOL...looks like neither of us were right yet, didnt tank from $2.27 close, and didnt boost much either with $2.40 high of the day. Sold my $2.27 shares, holding all my $2.00 shares for news.
Machiavelli
posted
closed at 2.22 correct? ...
stocktrader22
posted
Looks like $2.20 to me...you may be right on this one for the short term, still any news and this takes off. I'm willing to take that bet. Its been beaten down to hard and too many things in the pipeline that can go "right" for it.
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