posted
finished adding in the 4.04-4.06 range ... made a HUGE play today, and it paid off ... sold off portions at 4.25 and 4.18 ranges for some quick profits ... still riding 5000 shares.
-------------------- "Entrepreneurship is the last refuge of the trouble making individual."
posted
KB thanks for the posts. Like many, I read but don't post that often. I'm still trying to develope a strategy. I'm having a tough time trying to locate a good place to learn to read charts. Also, where to research for leads on stocks to do my dd on and buy. But anyway, keep up the good work as I enjoy reading your posts along with a few of the others.
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posted
Cpeed's advice is good. Stockcharts is a really great service. And I think you're on the right track, Mantux. Many people don't take the time to develop any kind of coherent strategy, and it ends up costing them a LOT of money. I think you'll make a lot more money in the long run if you take time to develop a good strategy that you believe in before diving into the markets. Good luck!
-------------------- "Entrepreneurship is the last refuge of the trouble making individual."
posted
I think I'll put an order in for NFLD at 3.95 and see what happens (although I have to say that rise at EOD on Fri looks pretty nice and I probably won't get filled).
Two other stocks in the same situation are PANC and ENCY. So far ENCY is showing weak support at 4.15-4.20 and PANC has found a strong support around 3.92..
posted
Got back in at a much smaller amount than I played before (too much work to get in and out of big positions in such a short time), at around 4.10 yesterday. Plan to sell through the close today.
-------------------- "Entrepreneurship is the last refuge of the trouble making individual."
Sold through the run, selling out completely at $1.52...
Left that penny or two on the table, but I felt like that was the good "sell out" point. A LOT of selling at $1.53-$1.54, and someone seems to be loading up at $1.50, but you can't always trust the level II's. Anyways, didn't know for sure if I'd treat this one as a pure day trade (which I don't do often) or not. May regret it, if it runs another 10-20% (or more) over the next 2-3 days, but a quick 5%er is nothing to spit at, I guess!
-------------------- "Entrepreneurship is the last refuge of the trouble making individual."
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