AXR ==> The Independence Day Winner!

[spikefader]

I really like this stock. I was in at 47, out at 66. Now with the pullback, I'm wondering what a good re-entry point would be? Maybe 52? I don't know anything about TA.

Weekly gap at 49.44 is major support area, plus there's pattern support for it......



But I do agree with newborn....take the money and sit on hands for the next great opportunity. This one might search for that lower triangle support, so if one does buy the gap, logical stop is tight under it.

[bsideindy]

thanks guys!

[New-born baby]

thanks guys!

I think AXR is going to become a piece of burnt toast

[lemonjello]

Due to the small float AXR can move in a light breeze. Up and Down.

[threadogie]

#1 IBD 100 AMREP (AXR) Nov 13th

Mr. Market sure can pick them, let your winner run. Now 73+ after the shakeout brakeout with a PE still around 13. Headed to 100. yeehaw!

[jiesen]

Mr. Market sure can pick them, let your winner run. Now 73+ after the shakeout brakeout with a PE still around 13. Headed to 100. yeehaw!

and 83 today... holy suckage Batman! At this rate it'll get to 100 by Thursday.

[casinoboy3]

I think AXR is going to become a piece of burnt toast

reached a high of almost 93 yesterday...

[New-born baby]

reached a high of almost 93 yesterday...

Yes, I can be wrong. Today I sold AOB at $10.04 and it ran up to $10.59 afterwards. Yup. I can be wrong.

[jiesen]

reached a high of almost 93 yesterday...

And 99 today! Boy, does AXR suck!

[threadogie]

AXR almost to 100

this week #1 @ IBD 100, +21% since my last post past the 73.80 buy pt after the shakeout rebound. Company is buying Palm Coast Data, a publishing services firm for $92 million. Only 1.7 million outstanding so throw SpiKe's TA out the window. Heehaw.

[mrmarket]

You sees? I was right. It's all about the land....

[jiesen]

And 99 today! Boy, does AXR suck!

Another couple weeks, another $30 up. Holy mackarel, this thing is unstoppable!

http://finance.yahoo.com/q/bc?s=AXR&t=3m&l=on&z=m&q=l&c=

[mrmarket]

you're taking a vicious pounding on this stock. I'm not sure whether ernie slept through the lectures on Opportunity cost or what. But while he argues with DSteckler over his track record he's holding many positions that are under water in a HUGE way. That's money that could have been protected with a stop and redeployed in a better investment. If you have enough money you can buy any and all stocks and merely wait for them to go up. Then just sell when they do, and hold the rest forever no matter how low they go, and believe you are beating the market like a gong.

preservation of capital should be a primary concern for anybody that wants to work in the stock market. If you don't have any money you can't buy anything. I've gotten shaken out of a few stocks in the last year. Some that went on to bigger gains. WIRE and IBCA to name a couple. I didn't make as much as I might have over 17% or so on each, but I didn't lose any money either.

But given what is happening around the world right now, and think this stock is not only going to recover but then gain that much in 4-6 weeks is really wishful thinking IMHO. A wider war in the middle east is going to hurt everybody.


student

you were saying?

[jiesen]

you were saying?

What, do you mean that the war in the Middle East didn't destroy the value of the land in Rio Rancho, New Mexico? Inconceivable!

[mrmarket]

I wasn't picking on Studentofthemarket or even Steckler...but if you want to dish it out, you ought to be able to stick around and take it too.