Allstocks.com's Bulletin Board: What I am watching as Swing trades

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Topic: What I am watching as Swing trades

R1 Man
Member

posted

quote:
Originally posted by R1 Man:
Shorting 4,600 shares at $2.45....SOLD. Now its at $2.47. Ohh well. Covering at $2.30 or lower.

SCA....$2.37....hmmmm....cover and put a bigger smile on my face....nah....I want to come home and be like DAMN!!!

Good luck all. Off to work.

Missed UAUA at $12.37...now at $12.67

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R1 Man
Member

posted

Screw it...being a greedy *******. Covering at $2.00 [Big Grin]

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SoAngel
Member

Member Rated:

posted

I can't short SCA because Scottrade won't let me short anything under 5.00. Best of luck.

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R1 Man
Member

posted

quote:
Originally posted by SoAngel:
I can't short SCA because Scottrade won't let me short anything under 5.00. Best of luck.

Thanks SoAngel. It closed at $2.36 but bid right now is $2.50. Hope that drops down a ton. PMI bid is higher then close as well so who knows. Lately SCA has been going up when the market goes down and vice versa.

M....Not sure if I posted this back in July but had it wrote down at a price of $14.30. Well it hit $21.89 today. Up 53% from when I wrote it down. Should of bought that one [Frown]

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R1 Man
Member

posted

NM....$8.98.....This is a typical stock I would look for. It seems to have mood changes with ups and downs every 60 days or so. Great one to watch and predict.

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R1 Man
Member

posted

RDN....$5.24.....Watch

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Morpheus
Member

Member Rated:

posted

is this a craaaaazy market this morn or what?
my eyes are spinning

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rajthebam
Member

Rate Member

posted

agree morph...this is truly volatile - never seen market do these up downs in such short timeframes....

R1 - RDN is trading at about 4.70 as we speak - i m thinking get like 200 stocks at 4.65 and flip it at 5.00 bucks - what do u think?

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R1 Man
Member

posted

You can do that but it will hit $5.50 in the next week.

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Morpheus
Member

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posted

i like the sca play better..its really wipsawing..im looking to pick it up at about 2.35 if it hits..rdn is now looking like if it goes back to 4.42 then take the plundge..

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R1 Man
Member

posted

SCA hit $2.84 this morning. Almost covered at $2.38....thought about it then it skyrocketed. Still short. Changed cover to $2.40. Have to take my son to lunch so good luck all.

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R1 Man
Member

posted

quote:
Originally posted by Morpheus:
i like the sca play better..its really wipsawing..im looking to pick it up at about 2.35 if it hits..rdn is now looking like if it goes back to 4.42 then take the plundge..

I agree. If I cover SCA....I will immeditely buy.

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rajthebam
Member

Rate Member

posted

RDN is up to 4.84 - darn it....haven't put the order in but if it goes close to 4.65 i would have to put the limit order in

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rajthebam
Member

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posted

just put the order in for 250 shares 4.65 limit price lets see what happens

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SoAngel
Member

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posted

I am liking NTGR at this level. I believe it is only down because the market is hit so hard today. I may take position in it today and plan to hold over the weekend, we will see.

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rajthebam
Member

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posted

made that 4.70 to be competitive - hope it gets accepted

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rajthebam
Member

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posted

in at 4.70 for 250 shares - as always guys only looking for 100-200 bucks so i would think if it hits 5.25 i m selling

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Morpheus
Member

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posted

i still like the 4.42. price...so I dont knoooooww..good luck.

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rajthebam
Member

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posted

its getting lower stilll.....man hope i come out of this jam with something to show hopefully

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rajthebam
Member

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posted

its getting lower stilll.....man hope i come out of this jam with something to show hopefully

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Morpheus
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posted

i just bailed on skf 118.00. hit my limit price ..what do ya know..!

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Morpheus
Member

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posted

raj..that is a great example of "it goes up , when the market is down"..

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rajthebam
Member

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posted

got it...good move on your part....only if i was able to just buy 100 stocks of skf on really UP day in the market (when skf is down), I would make nice profit on DOWN days like today big time...anyway i only have cash account right now (i don't even have margin account right now) so really can't trade skf now can i?

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Morpheus
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i have tole you it is "just another stock".... no margin acct needed..get it??

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Morpheus
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you could have bought 20 shares at the close yesterday and made 160 smackers..that is a big gain for the size portfolio you are working with

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SoAngel
Member

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posted

Morpheus- he could've afforded maybe only 10 shares or so, it wouldn't have been worth it.

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Morpheus
Member

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now that it has gone up...what do you think is gonna go up when it is going down???

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Morpheus
Member

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anybody? anybody?

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Morpheus
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what ever...IMHO daytrading with s small bankroll is sure recipie for loseing..you need to buy and hold a few days..tommow will be a great day for this strategy..im liking WM ..its tanked today (thats why skf is up) and is ready for a REBOUND..eeeehhaww

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SoAngel
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I am liking FNM again for an overnight hold. Haven't gotten my order yet at 6.49, but I might raise it depending on how the 5 min chart goes from here.

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rajthebam
Member

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posted

WM and FNM both are good picks....RDN has recovered somewhat so i can sleep tonight

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Morpheus
Member

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i betting thmmorrow morning during "amature hour"..things are gonna be really wild and great for some quick flips..im liking the FNM trade but im holding till then

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Morpheus
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today is just like is was saying a few days ago..
"here little lamb, here little lamb, come and get it, hurry hurry dont miss out on this" what a bunch of gobbletygook..down 300 and still plunging..wow weee...good for the shorts though..

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Morpheus
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posted

raj..you be liking solf..its looking pretty good too

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rajthebam
Member

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posted

i know as soon as i m out of RDN, I am going to look at SOLF -

only if i could have held both.... :-)

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