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Author Topic: What I am watching as Swing Trades 2
kvbeanz869
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ANX in @ .34 been making some nice runs hit .52 yesterday...Big Conf Call after Hours tonight
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glenngsxr
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man oh man. I knew that COIN was a good one. Look at that baby scream. I didn't have settled funds ready or I would have hopped all over that. SJU, hope you are cleaning up on this one!

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wide open until you see god, then brake!

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sju1973
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Looking good right now. More good news this morning. [Smile]
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glenngsxr
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For you folks with settled funds, FRE is looking pretty tasty again.

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wide open until you see god, then brake!

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TraderJones
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I got rid of FRE yesterday Glenn, things weren't looking good. Sold at a loss. I hate it when that happens. My feeling is that they are going to go down more, maybe to about $1.32 or maybe a little lower in the next few days. I'd love to make my money back, but not sure about them right now.
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TraderJones
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I could be wrong, not sure. It's hard to jump back into something when you lost on them.
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glenngsxr
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TJ, where did you get in initially?

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wide open until you see god, then brake!

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TraderJones
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I bought on a day a few weeks ago when they were really surging up. I tryed to pick them at a low for the day and do a quick day trade, making just a few %, but it never really jumped up beyond where I bought it. I bought it at $1.58, was trying to sell it at $1.62. It's like what Morph has said a thousand times. "cut your loosers quick"...and I didn't! Someday I'll stop making that DAMN mistake! The other problem with this trade is, that I just put too much into it. It was tieing up way too much of my money. I gotta make up for this loss somehow. It's really bugging me.
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glenngsxr
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Yeah, that's too high to get in to FRE. They seem to get back to the $1.30's and then shoot up after that. Just short term pops is all they are. Nothing concrete that will hold the stock up. I really like that COIN. Just worried that tomorrow when my funds are free that it will be too late.

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wide open until you see god, then brake!

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rajthebam
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how much do you think it can go up to? its already up 36% -
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glenngsxr
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There is still gas in the tank today for sure. I think it can go as high as 40-50% today.

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wide open until you see god, then brake!

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TraderJones
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Hey Raj, your back, woo hoo!!
It seems like the momentum on COIN could keep going tomorow. Might have to wait for a real good low later in the day to jump in.

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glenngsxr
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Make sure you guys are taking profits along the way.

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wide open until you see god, then brake!

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sju1973
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quote:
Originally posted by rajthebam:
how much do you think it can go up to? its already up 36% -

Depends on the time frame. I put a limit sell in today for 1.40. If it hits, I'll sell and buy back in lower tomorrow. Only because it's up ridiculously today. If it doesn't hit 1.40 today, I'll hold and put a stop in tomorrow to lock some profit if disaster strikes. I think this is one to hold for a little while. Keep in mind this was a $12 stock in early 2008. If your trading style is more active, it's still a good one for the radar. You should be able to trade in and out of this for a long time.
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TraderJones
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It seems like it could come down to about $1.12 or so and then run again.
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TraderJones
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in COIN at $1.14
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TraderJones
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Sold coin at $1.20 made $375. just wanted to get a quick win under my belt, ya know get back on the horse kind of thing. Woo Hoo! [Smile]
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TraderJones
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Nice pick SJU! Thanks!
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sju1973
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Nice trade TJ. Congrats.
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glenngsxr
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SJU, one of the better picks I have seen come through here in awhile. We all need to keep a close eye on this one and help each other out.

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wide open until you see god, then brake!

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TraderJones
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Dito Glenn, and Cheers to you SJU!
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TraderJones
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On a side note: The Late Night TV issues are all over the news. Trying to push Conan O'brien out and bring Jay Leno back...yada yada...I say GO COCO!!! I'm with COCO!
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Morpheus
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amd ...had a reversal and now...looks really good..will be jumping in for a nice swing trade..hopefully toward 9 bucks
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Morpheus
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MSO..good upward bias..im long at 5.70
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Morpheus
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IT..making good bucks in and out twice today now long from 21.25...its a mover and shaker today
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sju1973
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Thanks guys. Good luck to all.

Side note, I'm a Conan fan as well TJ. I like Leno, but Conan is my favorite and has been for a while. He brings a differnet dynamic to late night. He will succeed where ever he goes.

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TraderJones
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Your movin' Morph! go go go
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Morpheus
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as of close..im long AMD MSO IT DENN S C YRCW FLEX DTO SIRI MSFT ...things just look to be going strong..so ride the trend my friend, ride the trend. (with that said, I will most surely take an ass whipping in the next few days for sure [Were Down] ) but hey ya gotta go one way or the other to make buck in cyber vegas..and Im long at least thru friday for now
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Morpheus
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casinos and airlines have been on the move too..SHFL (nice reversal today) MGM and UAUA CAL JBLU you cant own everything...so its a buyers market gents...we should all be banking great coin together..whos with me? anybody anybody?...take care and see you in that far away unreachable place known as "The Mananas"...later
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sju1973
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Entered a stop order on my COIN this morning to lock in a small profit if this should fall hard. Otherwise, I'm long on this for a while. If it continues to roll , I will continue to raise my stop. I'm rolling the dice, looking at the big picture while protecting my initial investment for the moment.
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glenngsxr
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whats good today gents. I have settled funds. God, I can't wait until this restriction comes off. I'm thinking FAZ will look good if it would dip a little.

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wide open until you see god, then brake!

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glenngsxr
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Bought 300 shares of FAZ at $16.85. With the jobs and retail sales data that I saw this morning being pretty bad, I think we are in for a down day.

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wide open until you see god, then brake!

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TraderJones
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I'm in at 300 also Glenn at $16.80
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TraderJones
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I was thinking about putting a sell on it at about $17.65, probably won't hit today, unless the market really tanks, but you never know. It seems like a decent range to set it at.
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glenngsxr
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TJ, that is about the range I am looking to sell also.

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wide open until you see god, then brake!

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