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Author Topic: What I am watching as Swing trades
R1 Man
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quote:
Originally posted by R1 Man:
ABPI....$0.95. Let me know what you think. It had a low of $0.65 and dropped over $2.00 today. I'm thinking easy bounce to $1.15-1.25.

After hours $1.10......Day Trader here.
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Moughrain
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Here is why it plummeted today:

"Accentia Plummets After Sinus Treatment Falls Short (Update2)
March 24, 2008 18:20 EDT -- Accentia Biopharmaceuticals Inc. plummeted the most ever in extended trading after the company said its experimental spray for chronic sinus inflammation wasn't statistically superior to a placebo in a trial. "
http://www.bloomberg.com/apps/news?pid=conews&tkr=ABPI:US

But the 12 month Chart shows it has been trading in a $2 to $3.50 range so a bounce to $1.15 would not be unlikely and volume didn't spike. It has other products on the market too..
(see Stockcharts--
http://stockcharts.com/charts/gallery.html?ABPI

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Bill M

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R1 Man
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quote:
Originally posted by R1 Man:
quote:
Originally posted by R1 Man:
ABPI....$0.95. Let me know what you think. It had a low of $0.65 and dropped over $2.00 today. I'm thinking easy bounce to $1.15-1.25.

After hours $1.10......Day Trader here.
DAMN.......should of bought some. $1.28 HOD...$1.17 right now. Up 23% from initial post.
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R1 Man
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CCU....Took a hit today. $26.85. Could bounce back to $28-28.50
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R1 Man
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Trying to jump back in ONT * $1.04....planned sell is $1.10-.12.
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R1 Man
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GM....$19.50 is a deal also. Swing trade here...ride it back to $24.00. Maybe take 1-4 months I'm thinking. 12.3% gain.

HAYZ....$2.95 is another to ride on. Might drop down to $2.75.

One thought with the AUTO stocks is this....American Axel on strike. GM halts production. Supplier's are not making money. Suppliers should take a loss in the 1st quarter which could result in drop in profit. That could cause a major dip in these types of stocks. Hmmmm.....???? I am sure that when American Axel hammers out the contract that they will boost the auto stocks. For those who have no idea what is going on and why they are on strike. They are striking because American Axel used to be a branch of GM and was sold off as American Axel. They have workers there that used to work for GM and made GM wages. American Axel told them to take a $16.00 an hour pay cut which brings them down to about $13-14 an hour. I myself would be on strike and outragged if my company did that. So don't beat the strikers down. The big 3 actually boost the stock market and the economy. Think about it....buy Foreign...money gows to that country. Not ours. So they don't buy our goods and services. MORE Jobs lost. More cuts in spending. Less money going into the economy because of the cuts. Result....companies cut more workers. Housing market goes down even more. Why....because people buy FOREIGN. Think about that next time you buy anything....just see where its made.

Sorry for the speech.

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R1 Man
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quote:
Originally posted by R1 Man:

ARTX might be my next play. Waiting for a dip then will grab some. Maybe around $1.90.

ARTX....$2.30. This was supossed to move down. Not gain 15%.
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Moughrain
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MCEL was down 9.62% today and closed at $0.120..Not funny...

Did a lot of research on that stock last night and the technology makes sense-basically uses a chemical like sodium hydroboraxate which breaks down to Borax and Hydrogen. The Hydrogen releases energy during that process, so the Company compares it's solid state product to being something like portable electricity which can run vehicles, generators, etc...The BTU output is way up there compared to other fuels which gives it a big advantage...but how to put that advantage to use ?..

Saw an old 10-K from 2000,explaining the concept and discussing the members of the board--solid board, just seems like the technology is like 5 to 10 years ahead of it's time...If there were a real danger of the world's oil being used up this would be a red hot stock...right now, it's near the epicenter of the politics of the clean environment drumbeaters...If i had my druthers i would have studied the stock some more before i bought.....also- long term, the stock has had a long decline, from around 2000's $23 pps to $0.12 pps (price per share)...post-mortem: that's pathetic...I'll wait and hope for a bounce...Think their Earnings Report comes out 3/31...holding my breath...

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Bill M

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R1 Man
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quote:
Originally posted by R1 Man:
CCU....Took a hit today. $26.85. Could bounce back to $28-28.50

Premarket bid is $29.96....up 11.6% from pick.
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R1 Man
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USU....$3.84. I bought in at $3.87. Not my pick....eddys' from HotStocksFreeForAll. Xing fingers. I do see potential of $4.50-5.50. Will have to see what comes from this.
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R1 Man
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quote:
Originally posted by R1 Man:
quote:
Originally posted by R1 Man:
CCU....Took a hit today. $26.85. Could bounce back to $28-28.50

Premarket bid is $29.96....up 11.6% from pick.
Now at $29.00. SELL!!! It beat my exit target.
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daronnyc
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MGRM... going to 1.25

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$$$$

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R1 Man
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WM....$12.63.....Washington Mutual. Stock to keep an eye on. Not buy right now. But I noticed it has been more like a short term day trader but was work $40+ a year ago.
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R1 Man
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JRC......$0.24. Lost a lot today. Thinking bounce this week...say to $0.40. But thinking entry would be $0.21.
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R1 Man
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Ok.....$20,000 order just came in at $0.2401 for JRC....$0.21 might be too low.
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R1 Man
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I was way off today....JRC got as low as $0.16....back at $0.19
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R1 Man
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quote:
Originally posted by R1 Man:
I was way off today....JRC got as low as $0.16....back at $0.19

HOD today is $0.28. Up a lot from LOD yesterday. I couldn't buy it but wanted to. Funds wouldn't of been settled to get it.
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R1 Man
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MNKD....$2.50 now. Took a big hit today. Thinking bounce to $3.00 for a 20% gain.
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R1 Man
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GE....$32.45...Buy!!
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R1 Man
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CROX....$17.78...Buy....Sell at $20.00

SIRI.....$2.49....BUY....Sell at $3.00

GE.....sell is $36.00

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stocktrader22
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Why buy GE? Dead money.

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Disclaimer: Not accountable for anything I say

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R1 Man
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quote:
Originally posted by stocktrader22:
Why buy GE? Dead money.

Answered this in the GE trend. But dead money....yes and no. Its not going to flip over in a week or 2 but in a few months it should be back up there. Watch.

But sometimes its not about trying to flip stocks in a week. That is why I posted it here on Swing Trades. Its a very stable safe company to diversify your portfolio. Everyone needs some security once in a while for the trading that some of us do on here. I bought it because I doubt the price will drop anymore and its a good place to hold my money until I make my next move. But its $32.15 right now....watch it hit $33.50 before we get out of April.

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R1 Man
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quote:
Originally posted by R1 Man:
CROX....$17.78...Buy....Sell at $20.00

SIRI.....$2.49....BUY....Sell at $3.00

GE.....sell is $36.00

CROX....dropped to $10.48 because of earning estimate was lowered.
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R1 Man
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quote:
Originally posted by R1 Man:
JRC......$0.24. Lost a lot today. Thinking bounce this week...say to $0.40. But thinking entry would be $0.21.

JRC....HOD $0.36 and currently $0.3199.
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R1 Man
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