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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Oh, and by the way, for next week, I'm taking IMCL long!
It's about time for the ASCO run. I shouldn't be too surprised that IMCL was down in the neighborhood of 4% this week, as it does usually seem to get whacked a bit on options expiry. But I believe these next few weeks have the potential to be bery, bery good for ImClone, because I think they've got some good test results to report the 1st week in June, and the abstracts have now hit the oncological community.
Oh, and by the way, for next week, I'm taking IMCL long!
It's about time for the ASCO run. I shouldn't be too surprised that IMCL was down in the neighborhood of 4% this week, as it does usually seem to get whacked a bit on options expiry. But I believe these next few weeks have the potential to be bery, bery good for ImClone, because I think they've got some good test results to report the 1st week in June, and the abstracts have now hit the oncological community.
Rob,
I think you're getting married to that stock.
Ski, I tried to unmarry from it 2 weeks ago by picking BEAS, and when I did, I lost 2.34% that week, while IMCL gained 6.59%. I will stay married to a stock as long as I'm convinced it's undervalued.
Mr. Ski,
You are very perceptive . But I can also tell that you don't think very much of IMCL. I went to the love calculator and put your name in, and here's the results:
Thanks guys. It feels good to win once in awhile. MED looks like it wants to hold the $16 range or more. I missed that neckline break this afternoon. It was a nice entry point. And congrats to everyone else. It was a decent week for us overall.
Nice pick Ski...I made another 30 cents on MED today...Crazy stock isn't it?
"Trade What Is Happening...Not What You Think Is Gonna Happen"
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