Look now at 2.23 made 3k out of this so far, you think I should sell? They do announce earnings on April 29?
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I sold LOOK right in the last minutes...Made a few hundred...I'll take it."Trade What Is Happening...Not What You Think Is Gonna Happen"
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There was heavy buying today in large volume, that means the bigboys were buying and there is something surfacing that we don't know about. I am anticipating a analyst upgrade or earnings on April 29 to blow out of the water. I had a very itchy finger to sell at 2.30 today but decided not to. Hopefully my anticipation serves me correct.
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I don't know anything about LOOK, but I almost always will sell a stock I am up on before earnings are released. If the news is good enough to sustain the momentum, I can re-buy without losing out on too much gain. If the news is not great, I am out with a nice profit. I suggest at the very least putting in a stop-loss to try and protect your profits. You can easily adjust it if you have the time to keep a close eye on things...
-Dave
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I only BOT LOOK as a daytrade in sympathy with the YHOO announcement. I had about 10 stocks in the same group last night that I was considering...I was familiar w/ LOOK and it was cheap...so I went w/ it...Only BOT 3,000 shs so I made about 300 bux. I have absolutely no idea where it will be 2 weeks from now.
I trade different ways w/ varying amts. of money. On my daytrades and lunch money plays I go in light, like LOOK.
I have a medium stake in WITS and HANS...I think they are both good cos. I have a semi-medium stake in GMAI. I have a very small amt in FMTI which I BOT on the gap down at 3.45 on news...Another Lunch Money play...but I am mostly in Cash right now...Best, IIC"Trade What Is Happening...Not What You Think Is Gonna Happen"
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RESISTANCE...
2154
2096
2068
SUPPORT...
2052
2036
2015-MEDIUM
1994-MEDIUM
1980
1964
1952
1923
1897
1887
1872 LIGHT MEDIUM
1842"Trade What Is Happening...Not What You Think Is Gonna Happen"
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Here are 4 that I am watching:
For the Intermediate/Long term:
ADEX...
For at least the short term:
VANS
MWY
TRMM
Any comments?...Happy Easter To All...IIC"Trade What Is Happening...Not What You Think Is Gonna Happen"
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Shanda IPO
As promised back in December or January I said I would track this upcoming IPO. Even though they never answer my emails I have been keeping tabs.
The filing occured on 4/2/04...Naz Symbol SNDA.
The offering could be as early as the week after next...but I won't hold my breath.
Here is the F-1
"Trade What Is Happening...Not What You Think Is Gonna Happen"
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Here is a list of stocks that had 100%+ gains in EPS in the latest
qtr and have 100%+ projections next qtr, this year and next year
according to Thomson:
CELG
ENTG
LRCX
SANM
VNT"Trade What Is Happening...Not What You Think Is Gonna Happen"
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Originally posted by equity488Look now at 2.23 made 3k out of this so far, you think I should sell? They do announce earnings on April 29?
I see 2.90 gap fill potential. Perhaps sell at the gap fill and buy a retracement if it shows continued strength.
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Originally posted by IIC
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THX for those charts...but I can't get the ENTG one to come up...IIC"Trade What Is Happening...Not What You Think Is Gonna Happen"
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Economic Data and other events
scheduled for April 12 - 16
MONDAY
Treasury auctions 3&6-month bills
TUESDAY
Retail Sales for March (8:30 am ET)
Business Inventories for February (8:30 am ET)
Weekly Chain Store Sales (9 am ET)
Treasury Budget Statement for March (2 pm ET)
WEDNESDAY
Consumer Price Index for March (8:30 am ET)
International Trade for February (8:30 am ET)
Consumer Credit for February (3 pm ET)
THURSDAY
NY Empire State Index for April (8:30 am ET)
Weekly Initial Jobless Claims (8:30 am ET)
Philadelphia Fed Index for April (12 pm ET)
Weekly Money Supply (4:30 pm ET)
FRIDAY
Fed Chairman Greenspan speaks (8:00 am ET)
Housing Starts & Building Permits for March (8:30 am ET)
Industrial Production & Capacity Util. for March (9:15 am ET)
U. of Michigan Consumer Sentiment for April (9:45 am ET)"Trade What Is Happening...Not What You Think Is Gonna Happen"
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