posted
Anadys Pharmaceuticals (ANDS: NASDAQ) is showing all the signs of being a good short-term (5-day or 20-day) play. It is currently trending upward from a clear bottom, with MACD having crossed 0, and StochRSI showing oversold. Additionally, there appears to be no severe resistance until the 200DMA at $7.70.
posted
Looks like everyone's still too busy piddling around in CSHD to pay attention to a stock with real potential to return some pretty decent short-term gains.
-------------------- "Entrepreneurship is the last refuge of the trouble making individual."
quote:Originally posted by St. Matthew: Nope...it's that nobody trusts you as far as they can through you....why should they?
I brought a ton of good stocks to this board back in the day. I just recently came back. I know that I'm not bullish on the PoS that you're trying to pump up (CSHD), but that speaks to my credibility, not against it. Search my post history. You'll see what I'm talking about. I know that this is personal with you, though. You've lost your shirt on a PoS stock, and you're taking it out on anyone who points out that it's a PoS stock. That's fine. I'll take a NASDAQ-listed stock, with a lot of technical evidence supporting my position, over your supposed due diligence on CSHD any day.
-------------------- "Entrepreneurship is the last refuge of the trouble making individual."
-------------------- “Money itself isn't lost or made, it's simply transferred from one perception to another." Posts: 540 | Registered: Mar 2006
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posted
I think so too. Volume is drying up, and a bullish pennant is forming. My mistake was in thinking the pennant had fully formed on Friday. Clearly, the stock still had profit-taking to give away in its price. I think the floor is in the low 4.20s, where I had THOUGHT it was the mid-4.30s. Either way, my targets remain the same.
-------------------- "Entrepreneurship is the last refuge of the trouble making individual."
posted
Thanks JRB. I try not to post every stock I find, but only put up the ones I'm sure enough about to put my own money in. If I post a stock here, I have my own money in it as well. My goal is to hit about .900 on my stock picking. I figure if I'm right 90% of the time, and lock profits between 10-15%, and wrong only 10% of the time, and cut losses at no more than 5%, that overall, I'll make a ton of money.
-------------------- "Entrepreneurship is the last refuge of the trouble making individual."
posted
It's great to be right, especially when I was getting so much grief--both here and on the CSHD thread--from those who got snookered by a fraudulent company, but refuse to admit it.
-------------------- "Entrepreneurship is the last refuge of the trouble making individual."
posted
BTW, I dumped at 4.80, locking in profit. That's my greatest weakness as a trader: I often leave money on the table, locking in profits before the end of a run, not trusting my targets enough. However, I'd much rather have THAT as a weakness than the converse problem!
-------------------- "Entrepreneurship is the last refuge of the trouble making individual."
posted
No problem, man. My goal is to find at least one solid play (usually of the 5-day variety, but sometimes of the 20-day variety) every 7-10 days. I'll post them here, so that those who are growing to trust me can hop on board after doing their own DD.
-------------------- "Entrepreneurship is the last refuge of the trouble making individual."
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