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Author Topic: What I am watching as Swing Trades 2
R1 Man
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Hmmmm.....I'm predicting a down day today....so should be some bargins today.

Watch FRE, FNM this week. They been getting some attention and movement lately. Not sure which to play....short or long. Debating on shorting and making some easy money but scared!!

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R1 Man
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Hmmmm....short FRE, FNM, PAL....??? any thoughts?
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R1 Man
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Grabbed C at $6.68. Selling at $6.83. Grabbed 1,200 shares.
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R1 Man
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quote:
Originally posted by R1 Man:
Hmmmm....short FRE, FNM, PAL....??? any thoughts?

Should of shorted FRE or FNM at $0.85....currently $0.74.... [Frown]
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Morpheus
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i say play the bounce on fre and fnm and pwav..
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R1 Man
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Well, the market looked GREEN this morning and then crapped out. Its down 90....I think down 210 will be the close.
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Morpheus
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ive held SLW for some time now and its been moving up..cant argue with that
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Morpheus
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r1...what you playing today..if anything?
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Madpammy
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Out of SRS with 6% profit finally. Looking bull tomorrow if it stays down 100 + today. How long before oil starts back up? China increasing imports.
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Morpheus
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madpammy..
what is looking bull...the dow? or SRS?

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Madpammy
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I think the dow, for tomorrow then down wednesday.

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mad

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Morpheus
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yeah..me too..im playing the down monday, up tuesday trade..just poppen into URE..5.27..
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Madpammy
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I want TNA * 27.50 may have to take it at 28.00

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mad

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Madpammy
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only bought 50 shares of TNA * 28.99. Prob. have to average down tomorrow.

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mad

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Madpammy
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Would have liked dow to stay down over 100 but I still think green close tomorow.

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mad

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Madpammy
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Hope you all did well today. I was looking at nfld at .47 today but didn't buy. They have an article coming out in Jan about their blood substitute.....

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mad

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R1 Man
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quote:
Originally posted by Madpammy:
I want TNA * 27.50 may have to take it at 28.00

Good catch!! Bid is $30.15.

URE...Bid $5.48...good catch Morpheus.

I grabbed C Monday at $6.68....missed that completely.... [Frown] Never thought it would drop below $6.60. But bid today is $6.65. Beats the low of $6.51 yesterday atleast. Still holding 1,400 shares of VG. In at $0.70 average. I have a maintance call of $265 so have to add some funds or sell something. Have to check $$$ in the bank.

DRYS looks good...$9.17

But yesterday I almost bought SRS at $56 instead of C....wish I had [BadOne]

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R1 Man
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Ok, have my son so be back around 2. Good luck all!!
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Morpheus
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morning and thanx R1..a few days ago i really thounght oil was still trending down..i looks like the trend has changed for now..i bought DUG instead of DXO and now its a big mistake..errrrr
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deathtoradio
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A few look good today. If they hit my target prices I'll snap some up:

VG at around .65
BBI at 1.13
VGZ 1.15

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Madpammy
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Wish I had picked up nfld.
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Morpheus
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madpammy...hind sight 20-20..did we know about this yesterday?
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Madpammy
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I looked at it at .52 but wanted to buy at .42 I didn't think the FDA would look at it until jan.

I got greedy.

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mad

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Madpammy
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I don't have a margin account but if I did, I might short NFLD. They haven't been approved, the FDA is just going to consider their application. Up 116% today. Might drop like a rock.
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Madpammy
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Out of TNA at 31.00

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mad

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Morpheus
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laters
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Gary59
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Morning All ,, been out a few days doing holiday crap and went fishing as well..
Back for a little trading most of the day today.Reading last few days post looks like you all have done good..
Anybody do any DD on CBAK ?? I am just checking it out and was down to new 52 week low yesterday but haad news out on the 29th about a loan for production and research , and it dropped like a rock yesterday to new low....
Might get some for a rebound this morning unless I find more bad news ...will post if I locate any info on why it went down..
Good luck today..

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R1 Man
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quote:
Originally posted by Madpammy:
I don't have a margin account but if I did, I might short NFLD. They haven't been approved, the FDA is just going to consider their application. Up 116% today. Might drop like a rock.

Maybe I will short the hell out of it [Big Grin]
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R1 Man
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Set my sell on C for $6.90. Well, back to my son. But hmmm....I am tempted to short that stock....any stock that moves from $0.25 LOD to $1.25....yeah....should be safe to short.

Also might grab SRS at $55-56 or SKF at $110

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Gary59
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Well I didnt get CBAK at pre market didnt look like any volume pre market now up 29%
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Gary59
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DRYS up to 11.12 HOD so far..
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Madpammy
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Good luck today. I have no cleared cash to invest. Be back in Friday. Happy new year , ya'll!
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R1 Man
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I can't believe the market. What I don't understand is how the market goes up and C and BAC goes down???

Never got to sell anything. Tried to pinch a few extra pennys and missed the boat completely!! NFLD...I seriously was gonna short that stock. RRRR!!!!

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R1 Man
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quote:
Originally posted by R1 Man:

Also might grab SRS at $55-56 or SKF at $110

Wow...how low will they go. SRS dropped below $54 and SKF at $108 now. Morpheus....what are your thoughts??? Will this be another run up today where DOW closes up over 150 points....I'm thinking it might close over 200 today.
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Morpheus
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im in SRS at 55.50 and again at 53.65 total of 100 shares 50 a pop
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