AOB ==> The CHRISMUKKAH Winner

[lemonjello]

da beat down

Did those two nerds win the NOBEL PRIZE?

Sharpe:1990 Economics Nobel laureate.

http://nobelprize.org/nobel_prizes/economics/laureates/1990/

Case. Closed.

Are you talking systematic risk or non-systematic risk? I would advocate the Jensen or Trainer method if it were the latter.

[skiracer]

I like the play to the upside over the short term to intermediate term but I need to see some consolidation of recent gains first. If the pullback takes place as I think it will the entry at 9.50 level could provide some very intense gains with a decent r/r. Here's my take on the daily and weekly charts. The weekly has an interesting formation within a formation which you don't see to often.

I would be looking for the c wave down right here guys. It looks good for a short play today down to around the 9/9..50 level and then be ready to catch the spike up off the c wave down. 9.50 is a great entry to previous highs and anything under 9 is an extra. Be patient and wait for that bottom. I don't think it will be today and there might be a false spike up to fool you but today is a take the money and run day before the holidays and the looooong weekend so the possibility is definitely there.

MAMA has me salvitating over the coming short play. Plenty of room for profit taking built up under these levels. When this one starts to fall the domino effect will be to much to stop it before it sheds some big numbers. Chances are today being a take the money and run day could be the day. Be on the lookout for the coming short play.

[Runner]

Here is my short term read on AOB based on Daily chart.

Stock makes new highs and then puts in a huge wide range bar to the downside. I view this as an expansion of volatility and in fact the Red arrows show some expansion. The entire blue circle depicts where I believe the expansion phase is occurring.

The 2 blue lines indicate the current bull/bear line. It is common for volatility to return back to it’s mean or back into compression phase. I would get concerned on AOB should it drop out of the lower blue line depicted on chart. Should this happen it might head to the gap. Key word being might. This thing is one volatile stock for sure.

I’m always cautious of any stock that makes new highs and then thrusts to the downside. In AOB’s case everyone who bot last week is sitting on a loss.

[billyjoe]

Cramer said tonight he doesn't like AOB. Nothing particular against AOB , it's just that he's been burned on a similar stock and on Chinese stocks in general.

---------billyjoe

[DSteckler]

Excellent analysis, Runner.

[Runner]

Ski, I'm going to leave AOB alone as it is to crazy for me right now.

[mrmarket]

you sees...?

[studentofthemarket]

Congratulations. You've approximated the S&P on a non-risk adjusted basis.

I was thinking the same thing. Hell, I did nearly 18% on the year in my mutual fund laden 403B plan.


Student

[Runner]

I'm noticing some compression in AOB's volatility. Now the direction of the next thrust is anyone's guess... My ATR system would give it about 11% risk

[skiracer]

I'm noticing some compression in AOB's volatility. Now the direction of the next thrust is anyone's guess...

I like it to the upside from here an am looking for a long position. I'm just waiting to see how things work out with the markets first. Started off looking stronger an I almost bought in but decided to hold off an it did drop. In the negative right now. I'll take it as cheap as I can get it. I'll post a chart with my thoughts later when I can. Ended up in the green on decent volume today. I'm still watching it for an entry.

[skiracer]

[quote=skiracer;75696]I like it to the upside from here an am looking for a long position. I'm just waiting to see how things work out with the markets first. Started off looking stronger an I almost bought in but decided to hold off an it did drop. In the negative right now. I'll take it as cheap as I can get it. I'll post a chart with my thoughts later when I can. Ended up in the green on decent volume today. I'm still watching it for an entry. Anyone else looking for an entry on this stock?

[Runner]

Here is my update on AOB. The stock has tested the huge Extreme bar and is trying to retest again. I think this stock needs a strong push over 12.50 area where I think temp R is at. Currently it has a drifting look to it as it creeps up. I did notice volatility was compressing today and so a move is in store. I don’t like the wedge like pattern it is possibly in right now. I would become more bullish on a deeper P/B at this juncture, but I also would respect a nice blast through 12.50..

[mrmarket]

up 6%

you seeeeeeeS?

[jiesen]

wow, 10% in one day. AOB is HUGE!!!

[Runner]

you sees...?

Mr. M you be da-man!!!