posted
I can't see the future but I wanted to remind you guys of this post. I'm wrong half the time so don't take this too seriously--I still have a small position to keep myself focused on this one. I took a small loss on the rest of my shares.
quote:Originally posted by glassman: I am not a pumper-- I want to encourage you and everyone else to do their own DD-- where the price can go changes every day--I have been accumulating on dips --rumors strength is dying with the volume-- look at your charts-- there is a penant forming on Dailys and and on ten minute--it is tightening up--if we don't get news it will trickle down. I will take a small loss and buy back in later. If they break news-- the strength of the news will determine the strength of the rise. This is the pennies--maximize your gains-- minimize your losses you will have both.
posted
Looking at the chart it definitely looks like a pennant is forming....Since I am a newbie, boes that mean that it will probably be stalling unless news is coming? Also isn't there a rumor floating? Yes or No? I haven't heard anything latetly
Posts: 117 | Registered: Jan 2004
| IP: Logged |
posted
I'm dumping this in about a half hour unless something happens. I've been holding for a little over a week, but nothing seems to be going on at all with the company. I bought on rumor, but will probably sell on reality. No PR's, nothing but speculation, and a dropping stock value makes me think I should put my money somewhere else.
I'll keep 5k shares, but the other 50k are going bye-bye unless something nice happens.
Posts: 63 | From: Upland, Ca | Registered: Jan 2004
| IP: Logged |
posted
NOOOO! pennant USUALLY means something big going to happen--I worked pretty hard on this stock and I overlooked a couple others to do so.Look in Old Mullets request for sites --add them all to your favorites-- there are several in PSU's list covering chart symbology/recognition. When nothing big happened I moved on but kept 50K shares to make sure I didn't forget about it as I looked for new prey---you have to kiss a few toads-LOL--it could happen tomorrow or next week--I have"walked away" from many BIG winners to avoid risk--There will be new winners tommorrow. Keep your capital in hand-- Bears will run-- Bulls will run Hogs always get slaughtered.
Posts: 36378 | From: USA | Registered: Sep 2003
| IP: Logged |
posted
Thanks for the help....It appears that a pennant has formed on this one so would it be advised to get more at this lower level?
Posts: 117 | Registered: Jan 2004
| IP: Logged |
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
