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Yep, break even right now ($1.73).....$1.80 daily high...I like that and my 13,070 shares!!!
STREICHER MOB FUE (FUEL) has had 1000 shares shorted at a volume weighted average short price of $1.750. $1,748.00 was shorted at this level and may begin short squeezing imminently. This represents a portion of the total short volume since January 2005. To see all the data, please visit SqueezeTrigger.com . As of September 10th, the Total Short Interest was 729662 shares. There are $1,276,908.50 worth of shares that have been shorted and have not yet covered. Go to www.SqueezeTrigger.com to find out the exact price that the entire Total Short Interest will start covering!
Saw this on Ameritrade in the news. Interesting. My exit is $1.85-1.90 I think.
CMGI just moved up pretty good.....$1.13.....closed at $1.07. Like I said before....you can ride swings out of this no problem. But now is the time to SELL if you own.
Posts: 1317 | From: Detroit | Registered: Mar 2005
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Thanks BB. If you bought VSTA I would say a good exit is 11.90 or I would put a stop under S1 so it doesn't run down on you cuz its kinda in limbo between support and resistance lines. GLTA
Posts: 671 | Registered: Nov 2005
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BTW if you guys don't know the S1 its 10.95. It looks like VSTA should run to almost 12 though as RSI(5) is only 58.89. The reason I say 12 is cuz the 20ma right there, I think it will take some good pressure to push over it and I would take a 20% gain and run!
Other stocks to watch are: IKAN TARO $11.70 SGTL XMSR UPFC EXAR SMHG $12.00
The ones with buy prices I would make sure they hit those prices because I'm not sure they are bottomed yet. The others I would buy as they rise above their pivot points. If you don't know the p.p. its just (C+H+L)/3 Another way is (H+L)/2 Either way it gives an idea that the stock is back on the rise.
I would be buying these stocks but I'm already in DSX and NVEC. Both had good days! As always GLTA!
Posts: 671 | Registered: Nov 2005
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Hello All, I am a relatively new trader. After watching the market climb and climb to record levels over the past couple of days, is now a time to buy anything, or is it a time to short, or is it a time to just wait to do anything?
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Wow its scary when I make calls like I did last night. Almost everything did exactly as I said. Hope some people made some money off my advice. GLTA as always!
Posts: 671 | Registered: Nov 2005
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As for ROIAK, I think its about ready if you want to play it. RSI(2) is 5.18 which is low the Stok's are very low. Personally, for me there isn't enough swing % gain to be had. Even if you pick it up at 5.90 the most I see this running is 0.30 or so. If your happy with 5% max then I would say watch it monday. If the price goes down some more and then pops back over $6 go long.
Posts: 671 | Registered: Nov 2005
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