Stenzrob's specials

Bought BLUD again for $35.09 at about the time I picked it in the POTW this afternoon.

They just announced record revenues and esrnings, and at 25 cents exceeded the 22 cent estimates.

Seems to be moving up a bit here in response after hours.

Also playing with WFR and BLUD in the same way. Taking profits and trying to get back in for less than I paid the previous time. If they run away from me, I do not chase ... like OMCL, where I took profits several times and then it took off without me.

Sold PTEN today at $23.08 for a small gain (+0.8%).
...

Got back in PTEN today at $22.72. This looks to be in an uptrend, and I'm just playing around a bit, trying to catch the tops and bottoms of the trend.

Sold PTEN today at $23.08 for a small gain (+0.8%).
Sold WFR today at $62.50, also for a small gain (+1.3%).

Now holding nuthin' but cash and a few thousand shares of SCLD.

Back into AOB at $10.13. PEG is 0.32, ROE over 20%. Stocks that I find like this I often mess up on the timing, but can go on to post very large gains.

Stopped out of this, too, today at $10.95 for an 8% gain.

Amazing luck. I saw the after hours bid in BLUD at $35.18, so just for the hell of it, I put in a buy for 100 shares at $35.20 before heading home for the night. Somebody filled it! So, I bought this at $35.60, sold for a small profit at $36.04 when the breakout didn't follow through, and had it handed back to me at $35.20. Sometimes the gods do smile down.

Stopped out at $35.50. Enough for a meager gain, since the buy price was a gift.

Was not seeing the kind of follow through I was looking for here. Exit (BLUD) at $36.04.

Amazing luck. I saw the after hours bid in BLUD at $35.18, so just for the hell of it, I put in a buy for 100 shares at $35.20 before heading home for the night. Somebody filled it! So, I bought this at $35.60, sold for a small profit at $36.04 when the breakout didn't follow through, and had it handed back to me at $35.20. Sometimes the gods do smile down.

I also bought some WFR today at $61.70, not a great price intraday. This has been on my undervalued growth screen for quite a while, and I just hadn't gotten around to buying any. It was featured in the Saturday IBD, so this may help to move it off the 6+ month base it's been building.

Into BLUD again today at $35.60.
Does this look like a cup/handle to anyone?

Was not seeing the kind of follow through I was looking for here. Exit at $36.04.

Also sold half of my SCLD position today at $1.33 (bought at $1.20 and $1.22).

So, still holding some AOB, a little bit of SCLD, and PTEN.

[skiracer]

BLUD...Is it a CwH? Well, if you want Ski's "Acknowledgeable Source" Definition....NO it is not....Although if it breaks out I wouldn't be surprised to see them claim it b/o from a CwH.

You want the Mr. Breakout opinion...YES it is.

Geez...I would sure like to know what the percentage of breakouts is from the Acknowledgeable Source....In all my years of following this pattern (Over 35) I've never seen the percentage of breakouts number.

doug,

check out my thread for some percentages regarding cups with handles.

[skiracer]

the weekly looks better than the daily chart regarding a cup and handle formation. check out my thread for some info on cups and handles from Bulkowski.

Post-sell returns

DECK: 110/20 = 5.50
PCU: 120/60 = 2.00
CME: 545/193 = 2.82
GOOG: 560/290 = 1.93
VDSI: 35/3 = 11.67
JRJC: 23/14 = 1.64

I think we all deserve special LOSER awards.

Stenz: Not only did this bonehead miss out on over 500% gain, but the gains started coming just after he bailed out for a loss.
Jiesen: In absolute terms, this approaches being the single biggest error in history. Up to 300% gains were missed in the first year alone, along with another quadruple opportunity passed up in the last 15 months.
Doug: Not so large a mistake in absolute terms, but if the math were extended to include the time factor, the idiocy of exiting just before explosive gains becomes clearer.
Billyjoe: No single statistic stands out here in terms of magnitude of blunder or in snatching defeat from the jaws of victory, but Mr. Consistency seems to be making a habit out of stepping into the water just as the boat is leaving.

[billyjoe]

I worked all my life to make my first billion only to find you need 1.3 billion to make the Forbes list.

----------billyjoe

[jiesen]

I sold DECK for a LOSS at $20 in October 2005.
Doh!

I sold VDSI for about $3.

DOH!

Oh Yea? Well I sold PCU at 60 , CME at 193 , and GOOG at 290 all in the same year.

----------billyjoe

Somebody was looking a while back for a losers thread ... looks like this is it!

[billyjoe]

I sold DECK for a LOSS at $20 in October 2005.
Doh!

Oh Yea? Well I sold PCU at 60 , CME at 193 , and GOOG at 290 all in the same year.

----------billyjoe