Peanut's Potent Plethora of Profit

[peanuts]

Time to squeeze the patient shorts who entered on the 19th and got burned on the 20th but held thier positions.

Anyone think this is worth playing long here at just above $25?

CHART LINK

Dear everyone,

WAKE THE HECK UP!!!!!

Best Regards,

Peanuts

[peanuts]

I am watching and waiting for CACB to confirm its move up.

This can happen any day, now...

Is Cascade Bank ready to go higher? The sector seems popular.

[peanuts]

GMarket 3 day consolidation

GMKT is going absolutely bonkers today! I read a bunch of messages from other forums that were suggesting to short it yesterday at the EOD. Wow, is all I have to say. Those shorts really got whipped this morning

Cramer pumped this stock 2 days ago... incredible

Time to squeeze the patient shorts who entered on the 19th and got burned on the 20th but held thier positions.

Anyone think this is worth playing long here at just above $25?

CHART LINK

[Gwhiz]

CAS looks like it more likely than not just bottomed.

If it closes today above 26 then it might be ok through the end of the year anyway.

Shorting at the close would have been the best play on this wounded chart.

Peanuts, nice bounce in CAS... You da-man...

If it closes today above 26 then it might be ok through the end of the year anyway.

[peanuts]

FRPT.ob is moving up again. I don't know if this is a corrective or continuation (maybe a 5 up).

News continues to drive the stock price...

I guess it was a 5 up. FRPT up 10.69% today. Gapped this morning

Peanuts, nice bounce in CAS... You da-man...

Technical terminology would discount this portfolio as "momentum trading." I haven't been able to find a better title for it, though, so I call it my MOMO portfolio.

When you buy a technically weak stock, you are actually buying a stock that is improving in current fundamental value with each decrease in price. At some point a crossover must occur (r/r), and with the type of companies which this screen filters, that crossover usually presents traders with great opportunities for ST profits.

CAS is technically weak, but the value gets better and better with each red day.

This portfolio's success should speak for itself. I have recently been noticing how momentum stocks are not working in this current market environment, however.

[peanuts]

I think you'e mixing up your styles here. If CAS was a fundamental buy, then it should be in an investment type port, not a short-term trading port even though that's where it belongs because at this stage fundamentals don't mean squat.

Technical terminology would discount this portfolio as "momentum trading." I haven't been able to find a better title for it, though, so I call it my MOMO portfolio.

When you buy a technically weak stock, you are actually buying a stock that is improving in current fundamental value with each decrease in price. At some point a crossover must occur (r/r), and with the type of companies which this screen filters, that crossover usually presents traders with great opportunities for ST profits.

CAS is technically weak, but the value gets better and better with each red day.

This portfolio's success should speak for itself. I have recently been noticing how momentum stocks are not working in this current market environment, however.

[peanuts]

ticker: FRPT

This company's stock price has been taking off recently. I wonder what today's article will do to affect the stock price??? NEWS LINK

FRPT.ob is moving up again. I don't know if this is a corrective or continuation (maybe a 5 up).

News continues to drive the stock price...

Yes, CAS fundamentals and earnings growth are impressive. Current price action suckis maximus

I'm getting killed so far with this portfolio. Let's see where I am in a few weeks. UA was going to be the ST MOMO trade. I'm expecting a nice pop, soon.

I think you'e mixing up your styles here. If CAS was a fundamental buy, then it should be in an investment type port, not a short-term trading port even though that's where it belongs because at this stage fundamentals don't mean squat.

[peanuts]

you bought cas on the fundamentals, right?

Yes, CAS fundamentals and earnings growth are impressive. Current price action suckis maximus

I'm getting killed so far with this portfolio. Let's see where I am in a few weeks. UA was going to be the ST MOMO trade. I'm expecting a nice pop, soon.

OK, I'm back at it. I think that today is good day for some momentum plays. I've used all the cash (well honestly, I used the old cash for some other investments in the last month, but I've sold those positions and rebalanced my portfolios yesterday.) Today, I established 3 positions with equal portfolio weight in each. These are the stocks and the prices I've paid for them:

UA - $51.00
USLM - $33.00
CAS - $25.85

(portfolio is 100% invested)

you bought cas on the fundamentals, right?

[peanuts]

Runner

I did not enter GHDX today... waiting like a crouched tiger, though

SIM is too crazy to call. I'll let someone else lose money in it...