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Author Topic: MED @ 13.01
glassman
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Take a look at the charts on this one--buyin in the mid 12's has been very good for me.
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glassman
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quote:
Originally posted by glassman:
Take a look at the charts on this one--buyin in the mid 12's has been very good for me.

It closed at 12.45 yeserday--


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glassman
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quote:
Originally posted by glassman:
It closed at 12.45 yeserday--

Made 13.50 today anybody else enjoying this one?


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mcgivey
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I got in with 100 shares in December. Looking very good!
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glassman
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I know this is expensive but do your DD--it is back to low-mid twelves again.
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mcgivey
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Glassman,

I certainly took a hit today. It just keeps diving. Currently below 11. Any idea why this is happening and do you think I should get out?

McGivey


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glassman
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Every body thinks the sky is falling--Market is being manipulated for a number of reasons--did you see the fed statement yesterday?--This company's revenue excceeded $25million(unaudited) strong growth--may be shakeup for a while in markets till all of the short-covering is done-this one has always had strong moves--I'm not taking a loss on this one--I can't tell you the future but these guys are in the right biz at the right time and they have inside holders-look at the inside positions


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mcgivey
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OK. I will stay in (since it is probably too late to short anyways). That is what I get when I go away for a morning.

McGivey


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glassman
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Did you look at the insiders --that was prety quick--I'm not an ORACLE.
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LordSaul
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MED is now @ 10.9 do u think it is a good entry point ??
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glassman
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QUOTE__I'm not an ORACLE.[/B][/QUOTE]

I will cost average down when it looks right--we don't know how long the and hard the MARKET RETRACEMENTS will be.


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Spork
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took quite a hit today, its at 10.21 that's is -17.59%
however on graphs looks like its following the same exact pattern as from early july to mid october.
looks like that same pattern started in november to now... this time however its plunged even deeper then it had in october tho.
I dont know anything about this company... I may do research to see if it may be an okay buy

[This message has been edited by Spork (edited January 29, 2004).]


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glassman
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DJ NEWS_11;45--1-29-04 Ford former exec now moving into day2day head of ops--this shakeup makes it hard to read w/o more DD--news can't be figured into price yet--need to find out if this guy is corp. raider for instance-probly not he was with FORD 25 years and they have been long and strong there-
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mcgivey
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Glassman,

I saw that news as well. Can't find much about him, but will look tonight.

I am not a total day trader. Do it from work, so much of my DD has to be done at night. I may not be an Oracle, but I do work with Oracle.

I do like this company long term. They seem fairly stable, though I can't find a reason for today's decline other than MM trying make some cash.

McGivey


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glassman
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MM's always making money on this one since motley fool covered it-I like big spreads on BID/ASK they do that-- scares off the weaker hands fast--thats why i say --do your own DD and buy for value--trade for shares on ones like this--it's expensive but---i bought my first shares @7$ early last year-Aug got boring so I focus more on pennies and keep a lazy eye on this now-


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glassman
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NOTE I am holding-- you need to decide for yourself--
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mcgivey
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I always do my own DD. I am holding, but I must say that insider trading didn't look very promising. This month, all three transactions were selling, and quite a bit. Only two buyers in the last year were VERY small transactions.

But I still do think that this is a strong company.

McGivey

[This message has been edited by mcgivey (edited January 29, 2004).]


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WWJD-thru-me
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This stock will give you whiplash. I started buying at $5 and bought and sold it all last year including lots of buys in the $17 range. I sold some at a loss and then started buying occasionally in my IRA and an account I don't actively trade. I do think that over time this will be a great company. The way the stock trades reminds me of INVN which just sat at $22-25 forever before making a move. I wouldn't buy a lot of MED stock but I think adding some or taking a small position at this price with a long term view is OK.
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glassman
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LOOK at insider HOLDING.
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glassman
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quote:
Originally posted by glassman:
LOOK at insider HOLDING.

(15%) not too bad-- you can't blame them for cashing in over the last year and they expanded workspace in a rather high dollar area--MD.


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glassman
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PRICE DOWN TO 8.84---I have no way to explain this other than the Seidler cut from strong buy to hold-- I am looking to add at these lower levels--but am being careful--I am very sorry if you bought on my reccommanedation alone-- I like this stock and see oppurtunity here-
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glassman
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interesting post at stock  -

August 24, 2006

********** Updates Medifast (AMEX:MED) – (NYSE:MED)

We have to give credit where credit is due.

On June 22, 2006, ********** put out a report on Medifast while the stock was trading at $21.00. In the past two months the stock has been cut in half. ********** believes that the stock has overreacted to recent earnings and might be one company that is going to become lemonade to investors who invest at low prices.



First and foremost we have to commend MED on being the first company we have seen that has risen the ranks from OTC to Amex, to NYSE, as they ring the bell of the NYSE on Friday morning.


remember? i don't post picks anymore so be sure you buy this cuz YOU want to [Wink]

--------------------
Don't envy the happiness of those who live in a fool's paradise.

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Repoman75
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Played this from 11.7 to 12.25... radaring.
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