BBBB Any thoughts?

[JohnHenry]

I was looking at this stock for two weeks, on Friday the stock ran above 15 percent on better guidance of 3 million dollars. I don’t think it’s a good idea to purchase a stock just on guidance but I’m new to the game, any thoughts?

To purchase this stock now would be suicidal.

I was looking at the graph and every time there is a price gap jump upward ($32.53, $33.44, $33.17, and $28.02) then it downside soon after.

Would it be a good ideal to short this stock on Monday for POTW?

I’m so stupid I still can’t add a simple task as linking a graph so I inserted a link to the BBBB graph. Thanks
http://stockcharts.com/h-sc/ui?s=BBB...d=p99913256655

[peanuts]

I was looking at this stock for two weeks, on Friday the stock ran above 15 percent on better guidance of 3 million dollars. I don’t think it’s a good idea to purchase a stock just on guidance but I’m new to the game, any thoughts?

To purchase this stock now would be suicidal.

I was looking at the graph and every time there is a price gap jump upward ($32.53, $33.44, $33.17, and $28.02) then it downside soon after.

Would it be a good ideal to short this stock on Monday for POTW?

I’m so stupid I still can’t add a simple task as linking a graph so I inserted a link to the BBBB graph. Thanks
http://stockcharts.com/h-sc/ui?s=BBB...d=p99913256655

It looks like you might be able to squeeze 10% for 3 days on the long side and then short it for about a week... But that is only assuming the it follows its previous patterns that you have already noticed. In real life, I wouldn't touch it... but as you said, you might want to try your strategy on the POTW.

I am sure that short sellers will see the rapid price increase as an opportunity for them to make money

Basing future moves on past performance is usually a risky game. Some Financial Analysis is in order with your investments


Chuck Norris died ten years ago, but the Grim Reaper can't get up the courage to tell him.

[skiracer]

I was looking at this stock for two weeks, on Friday the stock ran above 15 percent on better guidance of 3 million dollars. I don’t think it’s a good idea to purchase a stock just on guidance but I’m new to the game, any thoughts?

To purchase this stock now would be suicidal.

I was looking at the graph and every time there is a price gap jump upward ($32.53, $33.44, $33.17, and $28.02) then it downside soon after.

Would it be a good ideal to short this stock on Monday for POTW?

I’m so stupid I still can’t add a simple task as linking a graph so I inserted a link to the BBBB graph. Thanks
http://stockcharts.com/h-sc/ui?s=BBB...d=p99913256655

Stky,

I think you should spend some time increasing your TA and FA skills. They both can work hand in hand if ingredients from both sides are saying good setup and strong stock. Technically speaking you should focus on understanding the basic tenets of chart reading an interpretation and looking for setups that work out the way you expect them to from your analysis. Knowing what you are looking for regarding setups and then applying how you want to trade will fall into place only after spending the time on knowing what types of setups you are looking for.
Take a real good look at BBBB. What do you see there that makes it look appealing at this moment that you would pick it out of 8000 other tradeable stocks. I think even in as choppy a market as we have been experiencing there has to be hundreds of stocks setting up where the risk/reward and chart are showing a better setup. You have to know for yourself which type of setups actually will work out the highest percentage of times for you to lessen the degree of gambling.
I would like to see your explanation of what you find appealling or enticing about this stock right now both fundamentally and technically and then I would give you mine take on it.
You might consider buying Snagit. It's a pretty complete capturing program, one time fee of $39.95, and you would be amazed at how much you can do with it. Very easy format to use an coupled with Imageshack, which is free, you will be able to do everything you need to do to capture charts or anything else and bring them over here.
You don't really feel that you're stupid do you? At least you're intelligent enough to realize your limitations an ask for help which is better than running off at the mouth with really stupid shit which we get enough of as it is.

[JohnHenry]

Stky,

I would like to see your explanation of what you find appealling or enticing about this stock right now both fundamentally and technically and then I would give you mine take on it.

The stocks that I track are the ones that I’m exposed from the products that I used or from reading IBD or the message boards. Otherwise I do not know where to search for a good stock to do research.

I have first hand experience using this product at school, it’s easy to use, to keep in touch with my professors, classmates, and check for homework and tests. I think when they acquired WebCT (Another product I use at school), the purchase was a good idea for the long time but for now they would be in the red for a few more quarters. I think they are in the red because when the acquired WebCT they also acquired their debts but I could be wrong.

I don’t think it’s a good buy as a trader but as a long term investor maybe. I don’t understand why the stock shot up over 15% on guidance and earnings is over a month away. I can see the 15% increase in the stock after earnings.

I think this stock will go down a few points this week.

But I would like to try this for the POTW to satisfy my curiosity. I also value everyone feed back here and it keeps me thinking.

[JohnHenry]

Hey Ski

I would like to hear more of your feedback on this stock if you have the time. I think I gave a bad thinking process on why I would own this stock. Does this make any sense.

[billyjoe]

Stky,
I just put BBBB quote in google and from the 6 sources listed in the #1 position it seems that BBBB doesn't particularly seem poised to make much of a move up or down. It does seem to have more positive things going for it than negative. They increased guidance actually saying they were going to have a loss again just not as bad as predicted. It would be interesting to graph the effect guidance has on a stock compared to actual earnings report. Don't know if I've seen that. The only advice I could give would be to find a promising sector , try to determine the top stocks in that sector, then do all the research you can to narrow the list down to 1 or 2 top candidates. Then observe what happens to them. You may be surprised at the result.
--------billyjoe

[skiracer]

Hey Ski

I would like to hear more of your feedback on this stock if you have the time. I think I gave a bad thinking process on why I would own this stock. Does this make any sense.

Stky,
Sorry I didn't get back to you sooner. Been real busy with some status reports I'm getting together for my principals but I do want to give you something on my take an how I would go about evaluating this stock from both the TA and FA perspectives. Just didn't want you to think I was avoiding or didn't have time to answer your post. Your initial thinking process for liking the stock is as good as any for bringing you to the stock. Peter Lynch, a great investor and fund manager, found many great stocks by watching what brands people seemed to gravitate towards while he was out shopping with his wife or kids. It's the evaluation effort afterwards that makes the difference. I'll have something for you today sometime on what I think an the steps that I would go through in evaluating it. Are you only 15 years old? It's great to be that age an as interested in investing as you are. You're lucky to have this site available to you and to be rubbing elbows with as many experienced people as there are here. Let your mind be a sponge and absorb, absorb, absorb. You'll be able to sift through what you feel will work for you and what won't.