SFCC took a big hit today, even though their earnings report was good. I may bottom fish this one.
As Web's World Turns
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Originally posted by WebsmanI had 3 buy orders in today, but none of my limit prices filled. I'll try again tomorrow.
Watching - ARRS, CFK, RWC
Also watching AOB for a pullback.
I've been keeping an eye on AOB and like what looks to be a decent setup materializing. I would like to see it pull back to around the $5.40 range which it did today an I missed it but someone must like it around there because it got scooped up at the LOD at $5.35. I hope we see that low again because I would be in at that price if we get it tomorrow.
THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR
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So, here we are at the end of another week.
ELN closed at 8.61. I may be taking profits on this one in the near future.
I picked up a small position in SFCC today. This is the ultimate bottom fishing adventure.
I had buy orders in on ARRS, RWC and CFK, but none of my limit prices were met. I'll try again on Monday.
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Webs,
I guess you didn't do anything with AOB today. I was so set on it dropping to $5.35/5.40 range that I let it go and thought I'd wait it out until it came down to that range. No cigar. It had a nice little run up today. Yesterday was the good entry at $5.35 and we missed it. We might not see that level again with this one.THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR
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Originally posted by skiracerWebs,
I guess you didn't do anything with AOB today. I was so set on it dropping to $5.35/5.40 range that I let it go and thought I'd wait it out until it came down to that range. No cigar. It had a nice little run up today. Yesterday was the good entry at $5.35 and we missed it. We might not see that level again with this one.
Considering AOB's volatile price action though, I wouldn't be suprised to see it drop back to the low 5's before it continues up.
I'll keep it in stalk mode for a while longer.
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Originally posted by skiracerWebs,
I've been keeping an eye on AOB and like what looks to be a decent setup materializing. I would like to see it pull back to around the $5.40 range which it did today an I missed it but someone must like it around there because it got scooped up at the LOD at $5.35. I hope we see that low again because I would be in at that price if we get it tomorrow.
Awsome call here Ski. I got this one all wrong.
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Originally posted by RunnerAwsome call here Ski. I got this one all wrong.
Nice call but no cigar. Been watching it for awhile since Webs first began posting on it and watching it make the right side of it's cup. One of those instances where you watch and watch and watch and keep expecting it(hoping) to go lower for a better entry and the ship leaves the dock without you. I was aware of the ascending triangle pattern for awhile but just let it get away from me, especially yesterday. I thought it was going to take a bigger fall yesterday but then it took off and I missed it. Was watching it again today but it never got to where I wanted it to enter the trade. We might not see it below $5.50 again but I'll be watching it closely. Nice stock and big in China.THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR
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Here's what I'm watching this week...
EZEN, CFK, ARRS, AOB, RWC, HOM
I'll buy AOB if it drops back below the mid 5's.
EZEN is getting ready to pop. Tomorrow should be a good day to pick it up.
HOM hit the 50 day MA on Friday and bounced. It would have been nice to pick it up then. Might still be a good buy though.
I'll buy RWC below $5.
CFK also bounced off the 50 day MA. Another good one for tomorrow.
ARRS needs to correct before I buy it.
If SFCC continues to rebound, I'll look at adding to my position.
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Originally posted by WebsmanHere's what I'm watching this week...
EZEN, CFK, ARRS, AOB, RWC, HOM
I'll buy AOB if it drops back below the mid 5's.
EZEN is getting ready to pop. Tomorrow should be a good day to pick it up.
HOM hit the 50 day MA on Friday and bounced. It would have been nice to pick it up then. Might still be a good buy though.
I'll buy RWC below $5.
CFK also bounced off the 50 day MA. Another good one for tomorrow.
ARRS needs to correct before I buy it.
If SFCC continues to rebound, I'll look at adding to my position.
SFCC will rebound...but I'm sorry...Can't tell you when"Trade What Is Happening...Not What You Think Is Gonna Happen"
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Originally posted by WebsmanI took a small position, just in case it doesn't work out.
I'll buy CFK at $10.05 and RWC at $5.05
I remember you have taken a position several times on SIRI and did quite well. Do you have an entry point picked out for SIRI at this time?
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Originally posted by GatormanWebs:
I remember you have taken a position several times on SIRI and did quite well. Do you have an entry point picked out for SIRI at this time?
They're paying Howard Stern more money than what he's worth, in my opinion. I don't see where he'll bring in enough subscribers to make up the difference.
If it were to fall back below $5.50, I would consider buying a few shares.
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I bought SFCC at $28.50 on Friday. Today it closed at $30.00. So far so good.
My limit order for CFK filled today at $10.05. The closing price was $10.50, which takes it back above the 50 day MA.
ELN has had 6 up days in a row. I'll be very suprised if it does it again tomorrow.
Still stalking EZEN, RWC and AOB.
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