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Originally posted by Peter Hansen
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I still like RES last buy signal was 12/19/05. Stock is up about 14% since. It might be worth a shot on the next P/B. -
Thanks Dave
Dave,Originally posted by DSteckler
Thanks for the input. I'll put that one (the 200 day/50day) down in my book for future reference. Please post as frequently as you have a viewpoint/counter viewpoint. We love it over here!
Still, here's my counterpoint: You have a gap up at about $12.50. The stock is acting off of that gap support. The price by volume support at that level is strong (see chart). When I posted yesterday you had a three day base built up at the (then) current level. As I mentioned to Pete, "put a stop under it." Yesterday, if Pete entered at/near the open, he's got $.75 to work with now, and could move his stop to even, or even better, use your system to sell half to ensure a profit and let the rest run with stop at even. He's got a winner for sure that way.
Again, thanks for the input, and keep it coming over here.
BTW, I recognize you are a better trader than I am. And what I posted is hindsight, which is usually better than 20/20
Last edited by New-born baby; 01-12-2006, 07:45 AM.Comment
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Huge thanks!
Jiesen,Originally posted by jiesennow what was it I said about RBSY?
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oh yeah, here it is:
Quote:
Originally Posted by jiesen
Yeah, I would have to concur with #2 there. I guess it would have been great to have picked this up at 0.2, 0.4, or 0.8, and who knows, it just might run all the way to $2. But there's no way this company with $25,000 on its books can justify a $57,000,000+ market cap, which is what you get when you multiply the OS by a stock price >$1.
From what I read so far at pinksheets, this flurry of PR is all just a pump so they can sell a few million shares for the rollout of a better mousetrap (checkout machine). See for yourself at:
Sure, if they really have some novel product that sells, they could make money, but there's no evidence to show that it'll ever happen, and I sure wouldn't say it's worth $50M for that "potential". Now the chart does look intriguing (not that I really know squat about TA) but so did ROTB and every other P&D on its initial rise. If you buy it, just make sure you're out by the EOD, and set a tight stop. You sure don't want to own it when the TA that's sucking people into this right now breaks down. The only thing moving this up right now is its own momentum, imo, and possibly a well-orchestrated pump by some boiler room guys in Vegas. caveat emptor.
oh yeah, here it is:
Your dust is gold. Here is proof positive that I gave Pete good advice when I said, "Ask the Genius Jiesen!" And Pete, if you have a FA question on a drug stock, Jiesen is where I go to get a good answer. I like this guy!
Last edited by New-born baby; 01-12-2006, 07:46 AM.Comment
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Runner/Pete
Sorry that I cannot post a chart on RES and others today. Out of the office again! Tonight (maybe), and out of the office all day FRI and SAT.
So glad LYE aced me out of LCRD! (Just teasing you, you NC cowboy!)
I wasn't here to watch LCRD, and BOOM!, it falls down hard. (Glad I wasn't trading it). I've got enough trouble with my sleeping CAT on POTW.
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New-born,
FDG is back! And the divy is being paid today. Everthing is coming up roses.
billyjoeComment
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FDG is a great looking chart, Billyjoe. Thanks for the heads-up.Comment
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Hey NB.... CAT ain't a half bad pick imo dude, I like the whole group .... Here's one I'm hot on (I own some of their machinery too).... I'm holding a nice long position.... it's GEHL.... tell me what you think? www.gehl.comOriginally posted by New-born babySorry that I cannot post a chart on RES and others today. Out of the office again! Tonight (maybe), and out of the office all day FRI and SAT.
So glad LYE aced me out of LCRD! (Just teasing you, you NC cowboy!)
I wasn't here to watch LCRD, and BOOM!, it falls down hard. (Glad I wasn't trading it). I've got enough trouble with my sleeping CAT on POTW.BEEF!... it's whats for dinner!Comment
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Lye-baby! Gehl
LYE-BABY:Originally posted by Lyehopper
Don't get sentimental about your manure spreader. Knight, New Holland, GEHL, whatever. It is still manure . . . . And by the way, I hear that they won't stand behind their manure spreaders . . . .
Okay, you asked for it, you got it: GEHL!
Here's the daily. Wide and loose chart makes me nervous . . . still tradeable if one has a handy bottle of Pepto.
The Weekly chart makes things look very simple. GEHL, should she bust the
current $28.50 resistance, is offering a nice bounce up to the $34.40+ resistance. I kinda like the looks of this weekly chart . . . .
Since you are long the stock, if you want, give me a holler if GEHL busts the $28.50 line (or to the upside). I'll redo the chart for you at that time (if you wish).
Most of my family are all gentlemen farmers now (i.e. no livestock). My father used to milk Jerseys in KY; my father in law milked Holsteins in WI. Most of my bro. in laws just raise corn and soy beans now, except for two who are milking holsteins. But I've raised beef (black angus, herefords) in NE. So I understand where you are coming from, Mr. LYE-BABY. In the Sandhills of NE, in a good year (i.e. enough rain), you can raise 55 head on 640 acres. But then, $50 buys an acre of ground. . . .Last edited by New-born baby; 01-13-2006, 10:24 PM.Comment
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NB, this is a monthly chart on Data Storage sector. Would you call this a triangle pattern with a possible bust?
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Lye and New-born,
There was a British farmer on the news today. Whenever he gets mad at a business... today it was his bank, he takes his manure spreader and lets go against their building. They fined him 3000lbs or whatever they call it. He said if he were a millionnaire he'd do it every week. It was a very nice prestigious bank before he got there. He said they cost his farm a lot of $$ and he was returning the favor. They had film. You'd like it, Lye. Side discharge couldn't see the name.
billyjoeComment
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Dave and FDG
Dave,Originally posted by DSteckler
Would you care to post a possible play on FDG? I would like to hear your opinion about this stock. I own FDG . . . . And thanks!Comment
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New-born,
I'm mad at the Canadians. Got my FDG dividend and they took 15% of it in foreign tax. That's un-American. When I'm retired and broke,begging on the streets, I'm going north with my cup extended , only in the summer months.
billyjoe
p.s. got a big Chinese divy a couple years ago and they didn't take anything outComment
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Triple Crown winners
Finally, a few minutes to look at charts:Originally posted by Peter Hansen
RES
MoMO personified.
LMS:
Looks more tradeable to me. Note the support and resistance lines.
Image shack just quit on me. Well, I'd say that you could buy the
current $27.50 support and watch here bust throught the $31.50
resistance next week. Really.
BBC: should have entered when I said so. Still looks good . . . .Last edited by New-born baby; 01-13-2006, 10:51 PM.Comment
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Don't ya know?
BillyJoe,Originally posted by billyjoe
Don't you know you can ask them for you money back? And you can get it, too. Really. Now I suppose you want me to post about how you are to go about getting the dough back, right?Comment
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New-born,
I knew you'd come through. Will they have mercy on my poor self directed retirement account?
billyjoeComment
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