posted
well, like I said I am new to stocks, just wanted to get my feet wet. I have searched through news and read company releases and the only stock I got lucky on was EPYH which went from .005 to .04 in two days or so.
I have been watching cali go up and down, now it just sits as if playing dead, or maybe it is slowly dying?
I am glad I found this forum. The members here seem to have tons of knowledge. Hope fully I can make back some money lost.
P.S. I am here to learn so any help would be appreciated.
Posts: 122 | Registered: Aug 2005
| IP: Logged |
posted
Maybe you guys are missing the fact that the MMs shorted the heck out of this on 7/19-7-25 or so and that it has been on the SHO list since 7/19 as a result of that! Unless they paln on burying this company then I would guess with the level off over the past few days and the increase today, that CALI has a shot at a run sometime soon! I'll be watching the volume for sure and any major volume like started again today and I'll be jumping all over this!
GLTA Rick
-------------------- Nothing moves a sub like news!!! Posts: 3346 | From: Leominster,MA,US | Registered: Jul 2003
| IP: Logged |
posted
this stock change it name from tsbi to cali year back...the stock price drop like hell along with my money....be careful
Posts: 31 | Registered: Sep 2004
| IP: Logged |
posted
If MM's are the case, looks like they've been shorting the company since last september since it has been on a downtrend since then. Current pps trading below 20 DSMA which is way under 50 DSMA with no sign of crossing over. Not saying money can't be made on the downtrend, but if you don't get out in time, you'll be selling at a loss or watching your money dwindle to nothing the way this stock is climbing down. Newbies beware. Your money's safer elsewhere.
Posts: 680 | From: san francisco | Registered: Aug 2005
| IP: Logged |
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
