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Author Topic: PRGX - $0.50 - Rising fast
sell4u352
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PRGX: PRG SCHULTZ INTERNATIONAL INC
They had some bad news and there stock went way down from 4-5 bucks. But they are getting back on there feet and they are going to start earning money again next year and I see them going to $1.50 & beyond in early 06. They had an almost 70% gain yeasterday & the stock market as a whole was doing terrible monday. I am gonna try to get in at $0.50 today. You can play this for a week or a couple of months, both ways will make money.

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sell4u352
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Yeasterday it went up about 60% and already today its up 30% - its currently at 1.13. Hope you were smart enough to get in in the 50's or 60's!
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hart
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EXCELLENT POST!!! I was unable to get in yesterday by the time I read your post!!! BUT..... AWESOME tip!!! Hope to see another one soon!

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Scooter
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Check out LOUD and CPN Both have double or more thier avg volume today.

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Organizations are perfectly dezined to get the results that they get.

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sell4u352
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quote:
Originally posted by hart:
EXCELLENT POST!!! I was unable to get in yesterday by the time I read your post!!! BUT..... AWESOME tip!!! Hope to see another one soon!

Thanks! I am new - sorry you didn't get in on it in time! I will keep my eye out for another one and if I find a good one I will post it - gonna check out Scooters picks and see how they are now. GB & GL
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JB28930
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yea but cpn is gonna file bankrupcy stay away...

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JB

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f8less
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What do you all think is going to be happening on this one for the next few days? I'm thinking it's looking like it'll be in consolidation for about 2-5 days. Let me know what you all think. Prove me wrong, tell me I'm right....just tell me why. I'm new at this. [Wink] Already pulled a few hundred out of this and I'm trying to figure out when the next breakout might be coming for this n00b swing-trader.

- Just a geek with a few good investing books and a will to learn.

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greenman
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This stock is at bottoms. Nice find. This is a mid term, long term stock looks like. You have any idea why it took such a dip recently?
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hart
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quote:
Originally posted by greenman:
You have any idea why it took such a dip recently?

I suspect many of the MM's and Daytraders began to sell some off after the big gains 2 days in a row and the quick 30% rise in the a.m. I got my eyez. on this one. I wonder how the bell will toll after EOD tommorrow.

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f8less
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Seems like today is a good day to get in. It seems to be bouncing off where the MA200 should be and is riding on the MA50 here and there. Might want to jump in on one of the sparatic consolidation (borderline congestion) dips. Either way, if you long should make a few bucks in the next week(s). This is just my opinion. Take a peek at the charts and let me know what you think. Damn dog distracted me today and I got in at .83 instead of .81. ...oh well... two cents...big whoup.
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f8less
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PRGX is back on the move. Good entry point today IMO.
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f8less
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Has bounced off of previous .60 support. Also broke back through SMA20 and SMA50, with MA20 passing up through SMA50. RSI rising. Should be going back up slowly. Will fly up on news.

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JayRa
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I'm in with you f8.. got in at $0.63 pps which is a bargain price IMO... took a while to get it filled at that. Of course, my getting in means it's surely doomed [Smile] . They have a great looking website and offices all over the place too so looking outside the charts even looks nice.

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f8less
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Cup-with-Handle anyone? Just wait!

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sell4u352
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I've been on vacation for a while, sorry I haven't been able to reply. I saw that they were a real company and that they were expecting to start earning next year. Next Fiscal Year Estimate is 0.08 be it ever so humble its green and not red more than most company's traded on here can say. Anyway when I first posted I was trading the stock on the good news and the future earning report. I made money on the short run, bought it cheap sold out at its peak and haven't touched it since then. I really don't know what this stock will do now - I think you will defenatly be able to pick it up cheaper than .55 between now and the next good news or earnings report. 52 week low is 0.24 (11/11/2005) I would just keep and eye on it and watch the news and if its good jump in asap and ride it for a day or two and bail out. November 29 I got in at the 60's could have got in at the 50's but was to slow so it closed in the 80's held on to it over night & put a limit order in and sold out the next morning at 1.13 it was a good return on my investment! And then after that I never got back in. The party was over and it started moving back down to 50 cents again.
GL & GB

[ December 11, 2005, 01:17: Message edited by: sell4u352 ]

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T e x
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it's OK, sell4u...

hope your vacation wa nice...yes?

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Nashoba Holba Chepulechi
Adventures in microcapitalism...

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sell4u352
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What a day - I missed all the action since I was at work! It opened at 53 and had a day low of 48 and closed at 82 almost up 50% what a crazy day.
Yeah tex - it was good - mostly worked though lol

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T e x
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that *is* nice--come home to a winner...cool.

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Nashoba Holba Chepulechi
Adventures in microcapitalism...

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f8less
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I think we're building up for another pop here!

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sell4u352
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quote:
Originally posted by BuyTex:
that *is* nice--come home to a winner...cool.

Ah sorry to make it sound like I got in - I ment to say I was unable to get in or do anything since I was at work - I missed the move! But I am sure it will come back down again in the coming days.

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We hold these truths to be self-evident, that all men are created equal,
that they are endowed by their Creator with certain unalienable rights,
that among these are life, liberty, and the pursuit of happiness.

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f8less
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I dunno if it's just me, but this stock seems to be becoming VERY predictable. Another 50% gain anyone?!

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makinmoney
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PRGX breaking out
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