Spike's Scientific Stock Analysis

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  • New-born baby
    Senior Member
    • Apr 2004
    • 6095

    Petc

    Spikefader,

    I thought I'd throw this on your plate since you like to ride sliding stocks. PETC has just announced a 7 million share offering. The company will not profit 1 cent from this new offering. They are doing it to allow two insiders to dump their stocks. [There is no 'good ole boy' network in this company]. Furthermore, they have a new director. His last job was CEO of KMART. When he left the KMART, he was allowed to take $90 million worth of stock with him.

    This company sounds a little like they have been getting financial advice from the good folks over at BEL. Maybe IAMORION can ride this thing down like he did ESMC. You are starting at $35.77.
    Last edited by New-born baby; 11-01-2004, 07:47 AM.
    pivot calculator *current oil price*My stock picking method*Charting Lesson of the Week:BEAR FLAG PATTERN

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    • spikefader
      Senior Member
      • Apr 2004
      • 7175

      TMWD long at S2 is the conservative play. Stop under lod.
      Attached Files

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      • spikefader
        Senior Member
        • Apr 2004
        • 7175

        Originally posted by New-born baby
        Spikefader,

        I thought I'd throw this on your plate since you like to ride sliding stocks. PETC has just announced a 7 million share offering. The company will not profit 1 cent from this new offering. They are doing it to allow two insiders to dump their stocks. [There is no 'good ole boy' network in this company]. Furthermore, they have a new director. His last job was CEO of KMART. When he left the KMART, he was allowed to take $90 million worth of stock with him.

        This company sounds a little like they have been getting financial advice from the good folks over at BEL. Maybe IAMORION can ride this thing down like he did ESMC. You are starting at $35.77.
        Thanks, will add to watch list. For now, bull is snorting.
        Attached Files

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        • spikefader
          Senior Member
          • Apr 2004
          • 7175

          Originally posted by IamOrion
          Hey Spike,
          Remember me? I have not been here for a few months. I took some time off to travel and relocate. I have not been trading lately, but I cleaned up on ESMC and LCAV. Sold ESMC last month and am still holding my LCAV from late July. LCAV has been a rocky ride. I got somewhat burnt out on the market. The time off has done me well. Seems like I have a new found clarity. I am getting back into the market these days, besides I need to make some more cash, I had a little too much fun during my time off. I am now living in Madison WI. This has got to be the most liberal city in the midwest. GO BADGERS.......Talk to you guys soon.
          Hi there. Yes, I remember. I remember ESMC May your new clarity allow you to find some loose-soiled gems for us.

          Comment

          • spikefader
            Senior Member
            • Apr 2004
            • 7175

            AUO falling as expected......
            Attached Files

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            • spikefader
              Senior Member
              • Apr 2004
              • 7175

              QQQ update:
              Vector is still bearish, holding short from 37.12.

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              • Greetings Spike,
                I entered TMWD at2.83,they got gobbled up quick below 2.80.

                I also entered WHT at 3.22,if I had been patient 3.15 was just minutes behind.Where would you put a stop on this?

                Oil really killed PGH today.Your thoughts?

                cordially Tom

                Comment

                • spikefader
                  Senior Member
                  • Apr 2004
                  • 7175

                  Originally posted by Thomrich
                  Greetings Spike,
                  I entered TMWD at2.83,they got gobbled up quick below 2.80.

                  I also entered WHT at 3.22,if I had been patient 3.15 was just minutes behind.Where would you put a stop on this?

                  Oil really killed PGH today.Your thoughts?

                  cordially Tom
                  TMWD - ya me too. But I like quick results. And it's a tiny loss, so that's fine by me. That double bottom intraday was the pattern to enter on. I've got an order in at 3.73 with tight stop - see if it tests the lod. Failing that, might look for one of the fib retraces on the daily.....
                  Attached Files

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                  • spikefader
                    Senior Member
                    • Apr 2004
                    • 7175

                    WHT : My stop would be 3.13 (below the channel long day 3 trading days ago)

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                    • spikefader
                      Senior Member
                      • Apr 2004
                      • 7175

                      PGH: Long is the bias (with a caution) while it stays above 16,35. The caution is because the channel long day recently expanded the channel. Failure at 16.35 and I'm bearish on it.

                      Comment

                      • spikefader
                        Senior Member
                        • Apr 2004
                        • 7175

                        HURC:
                        Re: http://www.mrmarketishuge.com/forum/...postcount=1280

                        Hope that tip got you out if you were long.... Approaching channel support might be a good entry.
                        Attached Files

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                        • Greetings,
                          Spike,whats your take on WHT today,seems to be hanging around the bottom of the channel,is it gonna be a make or break scenario in your opinion tomorrow?

                          Looks like 3.40ish might be possible with a rally?

                          Message boards ssay a close election will be good for gold,I hope its a nail biter with a default winner as Jessica Simpson.She couldnt be any worse.

                          BTW for MR Market,Ronnie Coleman wins Mr.Olympia again at 296lbs,now thats serious huge!

                          cordially Tom

                          Comment


                          • Greetings and kudos Spike,
                            I believe you called TZOO 3 weeks ago,I hope you bought some,as I didnt have the stones.

                            Its amazing what you can do if you keep emotion under control.

                            cordially Tom

                            Comment


                            • Once again late to the party,I mentioned CKCM over the weekend,today up over 20%.
                              A good short Spike?

                              cordially Tom

                              Comment

                              • spikefader
                                Senior Member
                                • Apr 2004
                                • 7175

                                Originally posted by Thomrich
                                Greetings and kudos Spike,
                                I believe you called TZOO 3 weeks ago,I hope you bought some,as I didnt have the stones.

                                Its amazing what you can do if you keep emotion under control.

                                cordially Tom
                                Isn't it just!
                                Yup, TZOO turned out to be a great long. I didn't take it for the ride unfortunately.

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