Anybody Buying Bargain Stocks ?

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  • spikefader
    Senior Member
    • Apr 2004
    • 7175

    #16
    Originally posted by Rob
    Spike, a sell-off post-earnings < 3%, while disappointing, hardly constitutes a mass exodus. You should cover while you have this golden opportunity, and go long. The market rarely drops a gift like this right smack in your lap. When it does, you should graciously accept it.
    I didn't say anything about mass exodus.....yet although today's bearish engulfing candle, the failed tweezer 4 days ago, and today's fresh channel short, all on above average volume today, does suggest the potential for mass exodus soon.

    For the record dude, one could hardly describe my 3% profit as a gift in my lap!; the 1st entry stopped out for -2%, the SHS kiss of death setup didn't fill me, and I missed the impulse move down! lol A gift would have been shorting today's SHS neckline break on weakness, something I watched but passed on it, prefering to short into some strength.

    But anyway, I see that you've got the TA blinkers firmly on so I'll hush up about it for a while Rob. jejejeje

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    • Rob
      Senior Member
      • Sep 2003
      • 3194

      #17
      Originally posted by Lyehopper View Post
      I bought EBAY @ 26.04 today. I like EBAY because I use it. As a matter of fact I was looking for an industrial strength Bug Zapper on EBAY just today.LOL.... It's a great company imo and the stock is pretty cheap.

      Now Mgt. has announced they will buy back 2 $Billion dollars worth of the stock. Earnings CC is going on now....
      I hope you didn't sell it. It's starting to run. Now let's hope its legs don't give out.
      —Rob

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