CAMH....worth watching

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  • jblaze71
    replied
    NBB,

    I was joking about getting out. Like I stated I think to make real money, this is more of a 1-2 year play.

    BTW, I did get out of HANS. Still a rookie in the game so I am still trying to learn when to exit a stock without giving up gains

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  • Tatnic
    Guest replied
    Originally posted by Jim Smith View Post
    I don't know where you got this bet the house hyperbole.....Do you think my 20,000 shares is betting the house? I assure you it's not......it's like 8% of my trading portfolio.....anyway, now you have some skin in the game.
    I wasn't referring to you Jim, how much you bet has little bearing on what I do. One thing you said that I liked is that the company is switching gears from being an r&d company to a sales and marketing one. By the time they actually show any earnings I'm sure we'll be out of this one and onto another one.

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  • Jim Smith
    Guest replied
    Websman

    if camh drops below $2.60, I'll be out and will likely never buy it again.....I am not sure what VTP stands for but I am not finding it very helpful or interesting frankly

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  • Jim Smith
    Guest replied
    Good for you tatnic

    I don't know where you got this bet the house hyperbole.....Do you think my 20,000 shares is betting the house? I assure you it's not......it's like 8% of my trading portfolio.....anyway, now you have some skin in the game.

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  • Tatnic
    Guest replied
    Originally posted by Jim Smith View Post
    I've been trading 15 years and posting since AOL started.....But it's typical of freakin boards.....There were plenty of times to buy CAMH under $2, then months of time under $2.60......No one paid attention, or almost no one, to my many posts regarding CAMH.....Now, CAMH is charging and its $3.50....No longer the basement bargain but still great, IMO.....Now, those who didn't buy at the bottom cuz it looked like crap won't buy up here cuz it looks overbought....There's those who are never going to buy it no matter what but will do their damndest to throw mental hurdles in front of those who do....Is it to make themselves feel better about missing the move or is it some real altruism. I don't think it's the latter.
    YOu know why jim...I've known you for years now and I'm not about to take your word on anything alone, but since Blaze mentioned it and he's a professional and he likes its prospects, I bought a little. I would never mortgage the house on something you recommmend because you have on many occasions been wildly bullish and then wildly wrong. This may not be one of them but I don't care one way or the other because I'm not betting the house. Its more of a position just in case you're both right...and I do believe that blaze is probably more realistic on his time frame and that your's is just another one of your wild predictions. YOu know why they call it bullish don't you? Because when you're bullish all you can see is that red cape being waved in front of you, and never the sword.

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  • Websman
    replied
    According to my classified VTP entry point ratings system, CAMH will be a buy when it hits 2.53... Yes my humans, you have heard me right. I have ran all of the vectors and CAMH will drop .71 before it continues up. CAMH is over extended.
    Last edited by Websman; 11-11-2006, 12:31 AM.

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  • Tatnic
    Guest replied
    Originally posted by jblaze71 View Post
    Tatnic,

    I believe this stock is a $1.5 down, $27 or more up. The fact that insurance companies have agreed to may for the test is huge. Once the cardiologists start implementing it's use it will take off. The chart is irrelevant at this point because the big move will not come for at least 6-12 months. And not to speak for Jim or NBB, but I think we all want in on a low cost basis.
    OK...hey, I bought a little bit of this the other day just because smitty and you did a good job selling it. NOt so much that my fingernails are going to dissappear...I never take huge positions on bb stocks...been there, have the scars to show for it. I don't even know my purchase price and don't care because as soon as I start pulling out the calculator bad things happen.

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  • Jim Smith
    Guest replied
    third 10% pullback in a month

    since early October, we've seen three 10% pullbacks....today was hopefully the tail end of the third.....we are 10% off the recent high .....

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  • New-born baby
    replied
    Originally posted by Websman View Post
    The drop in price today was encouraging. I'll buy CAMH if it pulls back another .20
    I think Blaze left way too early. Man, a pullback is to be expected after all that bull flag. Normal price action.

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  • Websman
    replied
    The drop in price today was encouraging. I'll buy CAMH if it pulls back another .71
    Last edited by Websman; 11-11-2006, 12:31 AM.

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  • Jim Smith
    Guest replied
    CAMH .....news

    Go to Google news and type in Cambridge Heart.....Read the top story....November 15th is for all the marbles.....if the results of this study are great, we're off to the races....Do you think a new CEO would take the reigns with options priced at $2.60 if this thing was a flop?

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  • New-born baby
    replied
    Originally posted by jblaze71 View Post
    All the neysayers were right. I can't take a down .20 day. I'm getting out
    Wow. I guess today all the weak holders got shaken out. Hmmmm.

    Looks like a double to me. Why not hold 100 shares anyway?

    Hey, did you get shaken out of HANS? Yesterday HANS fell $4.41 or so; Dow Theory says she'll fall at least another $4.41. Today's action was a retest of the broken support line. Normal price action.

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  • Jim Smith
    Guest replied
    RSI over 70

    there's going to be profit taking.....November 15th is the release of the 5 year study between St Jude Medical and CAMH referred to as the ABCD study....as I understand it, it's the big enchilada....

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  • jblaze71
    replied
    All the neysayers were right. I can't take a down .20 day. I'm getting out
    Last edited by jblaze71; 11-10-2006, 04:30 PM. Reason: spelling

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  • Websman
    replied
    Originally posted by jblaze71 View Post
    Tatnic,

    I believe this stock is a $1.5 down, $27 or more up. The fact that insurance companies have agreed to may for the test is huge. Once the cardiologists start implementing it's use it will take off. The chart is irrelevant at this point because the big move will not come for at least 6-12 months. And not to speak for Jim or NBB, but I think we all want in on a low cost basis.

    I must agree with your statement.

    True, my VTP indicators are bullish on this stock, but this is a long term indicator. I may buy it, but only if I get a good entry.
    Last edited by Websman; 11-11-2006, 12:11 AM.

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