Bullish stocks near support

[steelman]

Puda

Njdevil,

I just bought some Feb $15 calls!! Thanks for bringing PUDA back to the dance.

[steelman]

Steelman,
Take a look another look at PUDA.

Wow, I think I just got a woody. I haven't looked at it since I got out back in Nov. I love the dip and MA, stochastics and MACD are all saying buy!!

The last time, I was in for a buck and out at $2.60. Let's do it again.

[njdevil]

Puda

Steelman,
Take a look another look at PUDA.

[steelman]

Performance Update

I was told in my options class that only 3 out of 10 options trades are winners but the winners will run. The winners would outweigh the losers. This seemed low to me at the time but, what did I know. I was just starting out a year ago learning about these crazy strategies.

Well, I have never been average and with the help of my course, some software, some virtual coaching and GREAT minds here, I have slapped the teeth out of the averages.

Out of my last 14 closed option trades, I had 9 winners and 5 losers. The span was from August 26, 2010 until 11/9/2010 with a total return of 88.96%

I had positions in GMCR FCFS EZPW ($MM$ pick) ANV EGO GFRE HOV CGA MIPS (Pete's pick) ZAGG ALXN VIT SVM PUDA

Italicized symbols were the winners.

I am currently IN, MHR TQNT UCBI CCME AXTI

I hope to keep the MOMO going into 2011, or the MOJO, doesn't matter to me..MOJO Risin'..gotta keep on risin' Let's do this.

[steelman]

Yesterday morning at the open, I picked up some Feb $10 calls in AXTI c/o Billy. Nice spikes in volume the last 2 days.

[steelman]

Mhr

MHR, Magnum Hunter Resources has been approved for uplisting to the NYSE!! It's shares will begin trading sometime in the first 10 days of January 2011 and the symbol will still be MHR. I hope this keeps the momo going and gives the share price a boost. I am still holding Feb $7.50 calls.

[steelman]

Under $15 a share

Here are a couple of stocks that came up on a search for good earnings estimates, financial scores and that are under $15 a share.

EGY CKSW

[steelman]

MHR still running

Today MHR is at $7.40 and was as high as $7.70. The .20 option I bought was as high as .65 today. There was a HUGE spike in volume yesterday. This should keep going for a bit. They had an 8k come out yesterday with some great news. I have Feb $7.50 calls so I will be watching closely.

[steelman]

I also think MHR is ready for a breakout. It's above it's 30 day MA, close to support, and stochastics is now above 50 pointing up and MACDH is about to go positive. If we do this and break resistance should get to $7 in a hurry.

[steelman]

Steel when I told ya TMSH was only up 200% end of day it closed up 400% LOL

Pete, A similar situation with Billy happened to me when I tried to put the ranch on TNSH.

However, did you see where UCBI finished today? $2.45, up 17.79% on a 122% increase of average volume. Gotta love that. There has also been some insider buying in the last 4 weeks. There is .50 ask on the table for the March $2.50 calls. I hope this keeps running up for a couple more weeks.

[billyjoe]

Pete,
I told my broker to place a huge order for TNSH. When he said he couldn't find it I cussed him out and he cancelled my account. Then he blocked all my credit cards and froze my bank accounts.

-------------billy


He just called saying he figured out it was TMSH.pk. He bought a million shares for himself at .09 and wished me a Merry Christmas

[Peter Hansen]

Steel mia culpa tmsh not tnsh

Steel when I told ya TMSH was only up 200% end of day it closed up 400% LOL

[steelman]

Steel,
Just bought SPRD at 16.65. my target is 19.45.

-------------billy

Nice play. As long as the markets don't tank, get the Santa Claus rally going, you should hit that easily. It went from $15 to $17 in about 4 weeks.

I just picked up some CCME March $17.50 calls. I saw tha an officer/director just had an open market purchase of 100,000 shares at $15.00 on 12/09/10. Their total holdings are 104,000. That has to be a good sign if an insider put down $1.5 million on their own stock.

[billyjoe]

Steel,
Just bought SPRD at 16.65. my target is 19.45.

-------------billy

[steelman]

steel,
Big move in CCME today. It's been on a rollercoaster ride lately. Maybe this is the big move we're waiting for. Also SPRD at 16.61 and GGAL at 15.01 look ripe for the picking.

-----------billy

Yes, they both look great. GGAL isn't optionable and I haven't been buying much stocks lately. SPRD is very ripe. I am going to try and get into SPRD and/or CCME this week.