Grebnet's Two Cents

[billyjoe]

Four stocks under $10.00 within 5% of all time high......rare birds

IHR ARGN CRV FUR


Five stocks under $10.00 down more than 40%..........dirty birds

GV GIGM BSM SLW NXG

--------billyjoe

[Rob]

HOM- I did try to sell during the freefall , but missed the bid and cancelled the order. Now will wait for recovery.

You probably should have consulted your Mayan calendar. It surely would have instructed you to get out sooner. The people who took a ride on the Titanic made the same understandable mistake. When are people going to start listening to the Mayans?

[grebnet]

Good thing I dont have Angina

HOM- now that was a fun ride....

Even if the report that sent it tumbling was false, it has certainly done damage to the stock. Im sitting on mostly free shares , so will continue to hold. I did try to sell during the freefall , but missed the bid and cancelled the order. Now will wait for recovery. (hope....theres that word again. )

[Lyehopper]

Looks like it wants to retrace to me Fellas.... Be carefull....

Next bounce is the 50% line @ $9.28..... Plus there's a short target gap down @ $8.39 that wants to fill.... If it goes to the 61.8% line ($8.05) I look for a hard rally off the line....

Well that was quick....jejeje

[grebnet]

Come on HOM

HOM indicating $10.15 after statement by company

[billyjoe]

well I didnt think they would get HOM below $10 today. Ive had an order all day at $10 and it just filled. They will probably drag it down to $9.60 again just to torture me.

Grebs,
You put the whammy on HOM. Now at 9.55 in extended trading.

billyjoe

[billyjoe]

Who would have figured they probably could have won the POTW today if they bought EGY. Correction , Gary would have still blown them away.

billyjoe

[Websman]

I'll be checking HOM out this weekend. I didn't think it would happen, but it looks like we may see another good buying opportunity.

I just took a nibble at 9.87. But, if it breaches the 50 DMA, I'll reduce.

Today's action on HOM certainly wasn't as constructive as yesterday's.

[Lyehopper]

well I didnt think they would get HOM below $10 today. Ive had an order all day at $10 and it just filled. They will probably drag it down to $9.60 again just to torture me.

Looks like it wants to retrace to me Fellas.... Be carefull....

Next bounce is the 50% line @ $9.28..... Plus there's a short target gap down @ $8.39 that wants to fill.... If it goes to the 61.8% line ($8.05) I look for a hard rally off the line....

[billyjoe]

Greb,
Thanks for the heads up. Just got more @9.92.

billyjoe

[grebnet]

Hom

well I didnt think they would get HOM below $10 today. Ive had an order all day at $10 and it just filled. They will probably drag it down to $9.60 again just to torture me.

Yeah, I should have had an order set too. It did fall fairly short (> 0.10) of the 50 DMA though, so it probably wouldn't have taken, and just pissed me off all the more.

[skiracer]

[QUOTE=Websman]I should have bought HOM today... Dangit.[/QUOT
Webs
This was a gift today at the 50 ma. I had a stop set yesterday at $10 after my entry and removed it before the bell this morning. I was reading an article on MSN Money early this morning about several large contracts they have just recently been awarded and decided that I was in for the longer term. They recently raised guidance way above what the analysts expect so I'm thinking that HOM goes to $20 over the next few months. Couldn't bring myself to add to it though as it fell this morning. No BALLS. You missed a decent opportunity this morning Webs. Thought you would have been in there for sure after your post yesterday afternoon. Usually when they drop big time like it has from $14 range there is a big overhead supply of shares which takes awhile to get bought up. I think they all got taken up today with that hugh volume. Over 7 million. That's 5 million over their daily average. A nice accumulation day today.

I think that there is a bill about to be voted on to make online gaming illegal.

There is a bill being debated, etc. I looked into this a bit before taking a position in CRYPtologic, a company that provides software for online gaming. Most of the online gaming hosts are in Europe. Turns out that such a bill has been variously proposed, debated, etc. for at least 5 years, maybe more. IMHO, it will not pass, and if it does, people will find a way around it as Sisterwin said. I posted some relevant articles and my conclusion on the Yahoo CRYP board, the last of which was this one: http://finance.messages.yahoo.com/bb...1370&mid=14395

Of course, everyone on the Yahoo board is too busy calling out the minute by minute price changes and calling one another names to actually think about anything or discuss it.