Stenzrob's specials

[ChrisZXWJ]

Shorting

Stenz,

Do you ever short? I'm strongly tempted to try again with TRCI...I managed to only lose $75 last time I tried, so I'm thinking tomorrow (or relatively soon, if it holds up tomorrow) might be a good place to make a few points if it floats back down to 19ish. What do you think...or anyone else, for that matter? No one really seems to talk about shorting or options around here.

Chris

[stenzrob]

Re: Shorting

Stenz, Do you ever short? ... No one really seems to talk about shorting or options around here.

No, I don't short. I just got a book about options and started reading it, haven't done that yet, either.

[drchrislee]

More money

Sold ABMC for 14.5% gain in 4 days (including weekends).
Sold EONC for 9.76% gain in 3.5 weeks (I waited too long; could of had it at 15%..oh well).

Thanks Stenz!

Now I just need to wait for the funds to settle to jump back in!

[stenzrob]

Interesting day

QVDX finally took off from it's $5 base, advancing about 10% to a new high on record volume, most of it in about ten minutes from 3:30 to 3:40 today.

Meanwhile, VLGC had a bit of a meltdown, dropping almost 10% during the last half hour. I was up 100% on this momentarily yesterday, now up only 73% since Nov 11 when I bought. Trying to decide whether to take the profits and run, or to buy more on the weakness. Volume today was lower than many of the recent advancing days, but that will mean nothing if there are not going to be any more advancing days.

I sold the rest of the MTRX that I bought just last Friday, for a 10% gain. They're reporting in the morning, and I have been burned a few times lately by early morning reports. I'd rather miss a possible gap up for profit than get hit by a gap down for a loss.

regards ... stenz

[tscanlon]

Stenz,

I'd appreciate your take on VLGC. I'm only in recently so this late afternoon swoon pulls me into a loss.

Thanks,
T

[stenzrob]

Stenz,

I'd appreciate your take on VLGC. I'm only in recently so this late afternoon swoon pulls me into a loss.

Thanks,
T

The drop was on low volume. My guess is that it will bounce back to at least $3.75. But it's just a guess...

[tscanlon]

Thanks Stenz.

I'll think I'll hang on unless it when't down another 5% from here.

T

[stenzrob]

Thanks Stenz.

I'll think I'll hang on unless it when't down another 5% from here.

T

This is why I try to stay pretty much evenly diversified in 5 or 6 positions. QVDX was standing still while others, like VLGC, were taking off. Today, QVDX made up for weakness in others. I will overweight something occasionally, but usually not for very long. Good luck to you, whatever you decide to do with VLGC.

[stenzrob]

Re: Interesting day

I sold the rest of the MTRX that I bought just last Friday, for a 10% gain. They're reporting in the morning, and I have been burned a few times lately by early morning reports. I'd rather miss a possible gap up for profit than get hit by a gap down for a loss.

MTRX missed and guided down for second half, pre-market trading is down a buck. Sometimes I feel like Neo in The MTRX, dodging bullets that appear to be in slow motion.

[stocks54]

VLGC

Strenz,

What's the word on VLGC? Are you still holding it?

Regards,

[drchrislee]

TIII & CKCM

Got in to TIII at $2.28 yesterday. CKCM at $5.58 today. Picked out from stenz's screen...looks like it may be on the rebound. We'll see!

[stenzrob]

Re: VLGC

Strenz,

What's the word on VLGC? Are you still holding it?

Regards,

Yup, still holding it.

[ChrisZXWJ]

Re: VLGC

Strenz,

What's the word on VLGC? Are you still holding it?

Regards,

Yup, still holding it.

So, in your own words, that means you don't have any better investments and you expect this one to recover? I got stopped out a while back for a decent gain, but I was still a bit pissed/jealous that it went higher. So, maybe in more than 4 words, you could explain why you think it'll recover?

Chris

[stenzrob]

Re: VLGC

So, in your own words, that means you don't have any better investments and you expect this one to recover? I got stopped out a while back for a decent gain, but I was still a bit pissed/jealous that it went higher. So, maybe in more than 4 words, you could explain why you think it'll recover?

Chris

I am seldom faulted for not being verbose enough, Chris.

I think VLGC will recover based on fundamentals and technicals.
For fundamentals (revenue, earnings), look at this page:

http://moneycentral.msn.com/investor/invsub/results/hilite.asp?Symbol=vlgc

Note how revenue is steadily increasing, and progress has been made in the last several quarters toward profitability.

For technicals (increasing price & volume), look at this 3 year weekly chart:
http://stockcharts.com/def/servlet/SC.web?c=vlgc,uu[h,a]waolyiay[df][pc10!c50!f][vc60][iLa12,26,9!Lp14,3,3]&pref=G
Note the 10 week (50 day) moving average. Look at that same chart for stocks that have done incredibly well over the last year, like FARO, TRCI, MOBE, NTST, MTRX, IFLO, or any others you can think of.

My trading is a combination of long term and short term thinking, patience and decisiveness. Long term, I'm looking for stocks that can double, triple, or more over a period of six months, plus or minus a few months. I've done this with NTST, TRCI, and VLGC (so far). Stocks where the overall trend is intact, I will not flinch on declines over a few days like VLGC has had, or I will use it to buy extra trading shares. If VLGC breaks down again below $3 with volume, I might bail out to look for a better reentry, otherwise I am looking for somewhere between $6 and $8. Short term, I will sell immediately at a loss, small gain, whatever, based on news or trading activity, as I have done with CRIO, or recently MTRX.

Hope that helps ... stenz

[Mi6op]

Re: VLGC

I will sell immediately at a loss, small gain, whatever, based on news or trading activity,

What kind of trading activity would prompt you to sell premature?