Admans outlook

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  • #31
    Xwg

    Here’s one you should look at closely:
    XWG, Wireless Xcessories. I have been looking at this for a couple of days now, and it is trading around 5.90, and opened today at 5.88 and has been as low as 5.75.
    I first discovered it in late January at 4.80, but it shot up to 7.35 in about a three-day time frame, before I had a chance to act on it.
    I have come back to revisit it the past couple of days, and like what I see in the high 5’s.
    It’s trading on very low volume, and has been in the 6.30-6.50 range in the past two and a half weeks, and I see this as a minor pullback, opening up an opportunity for the more adventurous traders out there. I plan on going in at 5.90, and am looking to get out of half at 6.50 for a 10% plus gain, and let the rest run, looking for 7.15 or better to walk away from.
    With only 5 analyst watching this coupled with a relatively clean balance sheet and low volume could make this one of the best “sleepers” between now and mid June.

    Remember, bet with your head, not over. Please check it out before you go in. I will most likely have a long position in XWG by the time you read this.

    Comment

    • Lyehopper
      Senior Member
      • Jan 2004
      • 3678

      #32
      Now that's more like it....

      Originally posted by Adman
      Here’s one you should look at closely:
      XWG, Wireless Xcessories. I have been looking at this for a couple of days now, and it is trading around 5.90, and opened today at 5.88 and has been as low as 5.75.
      I first discovered it in late January at 4.80, but it shot up to 7.35 in about a three-day time frame, before I had a chance to act on it.
      I have come back to revisit it the past couple of days, and like what I see in the high 5’s.
      It’s trading on very low volume, and has been in the 6.30-6.50 range in the past two and a half weeks, and I see this as a minor pullback, opening up an opportunity for the more adventurous traders out there. I plan on going in at 5.90, and am looking to get out of half at 6.50 for a 10% plus gain, and let the rest run, looking for 7.15 or better to walk away from.
      With only 5 analyst watching this coupled with a relatively clean balance sheet and low volume could make this one of the best “sleepers” between now and mid June.

      Remember, bet with your head, not over. Please check it out before you go in. I will most likely have a long position in XWG by the time you read this.
      Looks good Adman.... thanks

      Hey Adman?.... What's wrong with a woman who has "very strong child bearing hips" dude?.... Down here in Bedford County a fella looks for that.lol
      BEEF!... it's whats for dinner!

      Comment


      • #33
        Originally posted by Lyehopper
        Looks good Adman.... thanks

        Hey Adman?.... What's wrong with a woman who has "very strong child bearing hips" dude?.... Down here in Bedford County a fella looks for that.lol
        The caboose looks a little tired.

        Comment


        • #34
          Originally posted by Adman
          One that you should be looking to place in the back of your portfolio is ICE.
          With the merger complete down at the NYSE, I believe that we will see a wave of exchange consolidations in the future.
          In the 70’s, it may be a little pricey for some portfolios, but this will be one of those rare exceptions when I would suggest buying an odd lot if you can’t go long for an extended period. All the calls are deep in the money, almost being priced away.
          Don’t rush in here; look for an entry in the mid $71, range (71.35-71.60). Buy and back burner it. You can probably expect to see it near $100 this fall.
          I am long in ICE and have been since 12/28/05.
          She dipped blow 70 today, creating, IMHO, all kinds of opportunities. For the option players, the March 70 calls at $1.70 could be a decent bet.
          I do not plan on buying call contracts, and remain long in the position.

          Comment


          • #35
            Time to eat some crow

            Based on the following item I picked up on, I am putting a stop limit on my ICE at 67.25. With that said, I will wade in a place an order for a couple of the March 70 calls for .95. No pain, no gain.
            I have a cost basis on ice in the 40's, and really thought I had a long term runner here. Perhaps it still has legs, but given a bad piece of press in MarketWatch, it will certainly see some pulling back in a big way. The calls are a huge roll of the dice, with only 3 days left to them, I would not recomend anyone here to follow this unless they are fully prepared to kiss that money good buy. (I can always use it to offset gains at tax time next year).

            SAN DIEGO (MarketWatch) -- Now for something that makes absolutely no sense: In this melt-up bull market in exchanges, of all things, IntercontinentalExchange has almost overnight become the hottest of all, trading at 25 times sales with a market cap of $3.9 billion.

            That's more than twice the estimated current value of the soon-to-come-public New York Mercantile Exchange, which unlike Intercontinental trades multiple commodities -- not just energy. Yet as of last year Intercontinental had less than half Nymex's revenue.

            Since when does that make sense? Since never!

            While Intercontinental's electronic trading platform is a considered better, more scalable model than Nymex's outdated so-called "public outcry" system, bears believe much of that upside is already priced into the stock.

            Nymex, meanwhile, has been moving toward its own electronic system, leading to some speculation that it may try to short-cut the process by buying Intercontinental.

            Could it? Would it?

            Sure, but such a deal isn't regarded as likely at these prices. Even one fan of Intercontinental's business model, who is short the stock because of its valuation, thinks a buyout by Nymex would only happen if Intercontinental were worth $1 billion or so -- "and that's a big maybe," he says -- unless, of course, it wants to do a repeat of the Time Warner/America Online fiasco.

            "I love Intercontinental at $40," this hedge fund manager says, "but I just think the momentum has lost touch with reality."

            This is one case where an upside-down valuation would appear to speak louder than words.

            Comment

            • spikefader
              Senior Member
              • Apr 2004
              • 7175

              #36
              Hiya Adman.

              Welcome dude.

              Comment

              • IIC
                Senior Member
                • Nov 2003
                • 14938

                #37
                Originally posted by Websman
                ahhhhhhhh........


                I'll put my GalPal Bambi up against any of 'em...IIC

                "Trade What Is Happening...Not What You Think Is Gonna Happen"

                Find Tomorrow's Winners At SharpTraders.com

                Follow Me On Twitter

                Comment

                • Lyehopper
                  Senior Member
                  • Jan 2004
                  • 3678

                  #38
                  Originally posted by IIC
                  I'll put my GalPal Bambi up against any of 'em...IIC

                  But does she have "strong child bearing hips"?
                  BEEF!... it's whats for dinner!

                  Comment

                  • IIC
                    Senior Member
                    • Nov 2003
                    • 14938

                    #39
                    Originally posted by Lyehopper
                    But does she have "strong child bearing hips"?
                    You'll never know...Unless Rob gets a photo of us together
                    "Trade What Is Happening...Not What You Think Is Gonna Happen"

                    Find Tomorrow's Winners At SharpTraders.com

                    Follow Me On Twitter

                    Comment

                    • IIC
                      Senior Member
                      • Nov 2003
                      • 14938

                      #40
                      Originally posted by IIC
                      You'll never know...Unless Rob gets a photo of us together
                      ...Geez...the paparazzi never give up
                      "Trade What Is Happening...Not What You Think Is Gonna Happen"

                      Find Tomorrow's Winners At SharpTraders.com

                      Follow Me On Twitter

                      Comment

                      • Lyehopper
                        Senior Member
                        • Jan 2004
                        • 3678

                        #41
                        Originally posted by IIC
                        You'll never know...Unless Rob gets a photo of us together
                        "Bambi" huh? Now is that her real name?.... or just what she wants you to call her on that "900" number?
                        BEEF!... it's whats for dinner!

                        Comment

                        • Websman
                          Senior Member
                          • Apr 2004
                          • 5545

                          #42
                          Originally posted by Lyehopper
                          "Bambi" huh? Now is that her real name?.... or just what she wants you to call her on that "900" number?
                          What? Doug calls "900" numbers?

                          Doug??? Buddy??? Is this true?

                          Comment


                          • #43
                            Vmc

                            VMC, Vulcan Materials
                            If you have EH ability, get in at 8AM with a 82.30 bid and watch it run. Once it ticks past 88.45, put a stop limit in at 88.45 and look to get out at 90.55 with a quick 10%. The stop limit will protect you at 7.5% if it doesn't make it to 90.
                            Vulcan will be running up fast at the open on good numbers.

                            Comment


                            • #44
                              Originally posted by Adman
                              VMC, Vulcan Materials
                              If you have EH ability, get in at 8AM with a 82.30 bid and watch it run. Once it ticks past 88.45, put a stop limit in at 88.45 and look to get out at 90.55 with a quick 10%. The stop limit will protect you at 7.5% if it doesn't make it to 90.
                              Vulcan will be running up fast at the open on good numbers.
                              DON"T CHASE THIS, IF YOU MISSED THE 82.05-82.30 BUY, LET IT GO

                              Comment

                              • New-born baby
                                Senior Member
                                • Apr 2004
                                • 6095

                                #45
                                Vulcan!

                                Originally posted by Adman
                                VMC, Vulcan Materials
                                If you have EH ability, get in at 8AM with a 82.30 bid and watch it run. Once it ticks past 88.45, put a stop limit in at 88.45 and look to get out at 90.55 with a quick 10%. The stop limit will protect you at 7.5% if it doesn't make it to 90.
                                Vulcan will be running up fast at the open on good numbers.
                                Where is WEBSMAN when you need him?
                                pivot calculator *current oil price*My stock picking method*Charting Lesson of the Week:BEAR FLAG PATTERN

                                Comment

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