TNH ==> The Houston Winner!

[Deaddog]

Thanks for the explanation Wooish.

Not considering a buy at this time. I’m purely a technical trader although it helps to have good fundys.

You have to wonder what would be the change in perceived value that would cause a stock to lose 40% of its value in 1 month. I’m always afraid of a change in the Fundys that hasn’t been made public.

I think it was Peter Lynch that said the safest way to catch a falling knife was to let it stick in the ground and stop vibrating before you grab it.

Right now the price has to increase 60% to get to Mr. Ms target.

I wish you the best of luck.

[wooish]

Deaddog

This is what I'm seeing and basing my buys on the following.

1. I lowered my initial buy at $185 (I mistakenly typed in $184 in my previous post). $185 is the 200MA on the daily. I got filled today at this price.

2. If it doesn't break below 176-177 which is the 50MA on the weekly, this can also be a good initial entry

3. $165 is the January 2012 low which it might retest so this should be a good buy point also.

The above is just my opinion so buy at your own risk. Since it's a Mr. Market's pick I have confidence in it's fundamental. On second thought, I personally might not put stop on it and might double down at $107 which is the 200MA on the weekly. If it ever goes to $107 and double down, my average is will be $146 in which my risk/reward is pretty good.

[Deaddog]

Well my order got filled today at $184. If $185 doesn't hold, we'll see $175 very soon. I would like to buy some more at $165 if it goes there.

What happened to:

I don't have a position yet but if it hits my buy at $188 I would set a stop loss at around $176-$177 area. If it breaks below $177, it could head to $109. I'm basing these # on both daily and weekly chart. Good luck.

Did something change on the chart to lead you to believe that 165 would be a good entry?

[wooish]

Well my order got filled today at $184. If $185 doesn't hold, we'll see $175 very soon. I would like to buy some more at $165 if it goes there.

[Skrumpa]

x

TNH current price is $183.25. I'm just waiting for a durable bottom to be formed.

In the mean time I'm trading the inverse ETFs: TZA, FAZ, SDS, SPXU

My Current holdings: 60% cash and 40% inverse ETFs

[azpat0]

I bought at $279

I see by the charts that MAYBE $160 is a support. I'll not have funds to cost average down. Have lost about $8000 so far....Maybe it will turn around here and at least stabilize in the 190's. I hope.... Seems TNH allegedly sells of in the summer months and goes up in the winter months- at least that is what I gathered from the Yahoo boards. I should have only bought 10 shares and averaged down at these levels. Oh well.... My bad! Patrick

[jiesen]

I bought in again at $202 today... I doubled down my position in this one. I never do that (anymore), but I did it. This one is going right back up to $300.

[wooish]

I don't have a position yet but if it hits my buy at $188 I would set a stop loss at around $176-$177 area. If it breaks below $177, it could head to $109. I'm basing these # on both daily and weekly chart. Good luck.

[Deaddog]

Today I put in a buy order at $188, I think it will get filled tomorrow. Probably put in another order for $178.

Do you use stop losses? If so where would you put one?

[wooish]

Today I put in a buy order at $188, I think it will get filled tomorrow. Probably put in another order for $178.

[Deaddog]

I bought some TNH shares on 4/27/2012 at around $276

The plan was to keep adding more shares as it went up.

But for safety, I put in a stop loss at $256 ( around 7% below my purchase price ).

Well, My 7% stop loss triggered at $256 while I was driving to work a few weeks ago.

Right now the stock is at $207.

By using my 7% stop loss rule, I did not turn a small loss into a big loss.

I can always buy this stock back in the future when it get healthy again.

Like Kenny Rogers said "You go to know when to fold em"

[Skrumpa]

x

I bought some TNH shares on 4/27/2012 at around $276

The plan was to keep adding more shares as it went up.

But for safety, I put in a stop loss at $256 ( around 7% below my purchase price ).

Well, My 7% stop loss triggered at $256 while I was driving to work a few weeks ago.

Right now the stock is at $207.

By using my 7% stop loss rule, I did not turn a small loss into a big loss.

I can always buy this stock back in the future when it gets healthy again.

[mrmarket]

Anyone have any feedback on the recent daily breakdowns of TNH? Having trouble finding any support. Broke through 260, then 250, now barely holding onto 229.

commodity markets are getting crushed. It's the funds!!

TNH break down

Anyone have any feedback on the recent daily breakdowns of TNH? Having trouble finding any support. Broke through 260, then 250, now barely holding onto 229.

[azpat0]

TNH is my pick !

I am in at 279. A bit late to the party. Hope it goes up next week-- Patrick in Albuquerque

I see the quarterly dividend is $4: payable May 30th... I think TNH will go up from here: Maybe reaching my entry point of $279 by end of month- I hope! Thank you Mr Market-- great pick: I like the dividends along the way... Looking forward to buying more TNH if it should drop a tad from here.... Patrick