I have 22 consecutive profitable trades of 15% or better. How is this possible? Every day there are hundreds of stocks setting new highs, no matter what happens in the overall market. Many of these stocks are still at very reasonable valuations. Afraid of buying stocks at their highs? Think of it this way: a new high is really a future floor for companies with solid financial underpinnings. Quantitative momentum modeling makes it easy to identify stocks that can continue this upward momentum trend. Why does this happen? It's really very simple..ask me about what investors and cows have in common. I am $$$ MR. MARKET $$$. I AM HUGE!!! Bring me your finest meats and cheeses. You can join in on the fun. Register for free and you'll be able to post messages on this forum and also receive emails when $$$ MR. MARKET $$$ makes his own trades. ($$$MR. MARKET$$$ is a proprietary investor and does not provide individual financial advice. The stocks mentioned on this forum do not represent individual buy or sell recommendations and should not be viewed as such. Individual investors should consider speaking with a professional investment adviser before making any investment decisions.)
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Attempted buying ASM (Avino Silver and Gold) at open with 3 different limit orders. It soared past previous highs although I got 450 shares at 2.35. Currently 2.53.
I received a teaser from the Fool on a "revolutionary" stock - I consulted the Stock Gumshoe and he said it was Sierra Wireless (SWIR) What does your magic black box have to say about SWIR. Thanks. Tim
I received a teaser from the Fool on a "revolutionary" stock - I consulted the Stock Gumshoe and he said it was Sierra Wireless (SWIR) What does your magic black box have to say about SWIR. Thanks. Tim
mimo, SWIR has a good story but the charts say otherwise. On mine, all the parameters are pointing the wrong direction; EPS, sales, RT. It could turn on a dime but that would be unusual.
mimo, SWIR has a good story but the charts say otherwise. On mine, all the parameters are pointing the wrong direction; EPS, sales, RT. It could turn on a dime but that would be unusual.
Glad I held AMBA and KORS through earnings. SODA also has had it's target increased to $100 by analyst Barclays. Currently up 30.81% on AMBA, 37.88% on SODA and around 20% on KORS. KORS destroyed earnings estimates, dipped a little forming a nice handle w/cup so I bought more today. AMBA up over 10% afterhours after earnings report.
--------------billy
Sold half my KORS for a nice gain and glad I held the rest. Briefly hit 100 today. I'm up over 60%.
Today I bought EPE energy at 18.30. Current price 18.57. EPE IPO'd Jan. 17th at 20 and has ranged in price since between 16.75- 19.40. I found them while viewing analyst updates for 2/26. EPE coverage was just initiated by 11 firms mostly all with market perform to outperform ratings with price targets ranging from $23-$28. In addition for no good reason the price dropped yesterday from 19.10 to 18 at market close. They announced earnings this morning in line with estimates and had a press conference at 10 AM. I attempted to get in cheaply with a limit order at 17.50 but soon realized it wasn't dropping below 18. After several attempts order filled at 18.30. EPE explores for oil and natural gas at holdings of 619,000 acres of mostly oil shale in Louisiana, Texas, and Utah. A 20% upside would be 21.96, below even the lowest estimate of the 11 analysts.
I recently bought AAMRQ based on fundamentals as well as some technical analysis. Was so caught up in analysis I didn't even think about the upcoming merger with LCC to form the new American Airlines AAL. Was down over 10% at one point last week and closed the week at -8.67%. Nobody knew what the conversion rate to the new AAL stock would be. The message boards say it has been posted at .665 of a share for each share of AAMRQ. If that is correct, I've gone from down 8.67% Friday to +43.87% today. That's too good to be true. I'll find out shortly as it's not posted on my account yet.
Update, I originally bought 240 shares of AAMRQ for a little under $3000. After the merger with LCC to form the new AAL my account showed a loss of 87% with me getting 15 new shares AAL. At the 30 day mark of the merger they put 31 more shares in the account so I still had a loss of over 50%. The formula for converting shares is based on a price average for the new AAL. Today the 2nd distribution was paid and 42 more shares for me . A total now of 88 shares at 35.62 or $3136. I'm in the green with 2 more distributions in March and April and possibly a bonus after that. Anyone who sold their AAMRQ before the merger was finalized lost out. I was down over 10% less than a week before the merger.
----------------billy
Update, this stock keeps giving. Received 44 more shares with 3/10 distribution. This gives me a 72.95% gain with another distribution due Apr.8th. Need only 20 shares for a double. At present values I'll get another 40+ . A double is great considering I bought right before the merger with LCC that created AAL. Most thought all the money had already been made. One guy bought 20,000 shares Oct. 2012 at .36 for $7200. He now has close to $400,000 with another big distribution in 28 days.
NASDAQ and S&P closed below a critical trend line today - and the DOW is not far behind - if the NAS and S&P continue lower in the morning, I am going to take profits in many long issues - and sit this one out for a while - IMO, we are at a critical juncture.
I am watching TRN for an entry point - it crossed below my trend line today, and along with the major indexes, it looks lower here for a while. If it reaches 20 on the Full Stochastics Indicator, I will look at buying a slug of it.
Watch SFE. Safeguard Scientifics has had upward earnings revisions over 1500% within the last few days. Price hasn't been effected yet. In fact it appears to be consolidating on low volume. I bought today at 20.33. Latest earnings revisions today from First Call.
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