Hot Pick Of The Day

[ninner]

urbn

hey newborn...what do u think of URBN here bought in at 27.50......i think a bottom has been reached....i say a target price of 41...what do u feel???

[RL]

You didn't ask me but It's a winner but how high?

[ninner]

Rl

im saying at least 41.....esp if it can break 35.


cheers RL

[DSteckler]

<< Mr. O'Neil admitted that less than 50% of his trades were profitable. Thomas Bulkowski, author of "Encyclopedia of Chart Patterns," admitted in SFO mag this year that for his lifetime, he is a 49% trader. >>

Being right only 50% of the time can be very profitable IF you cut your losers short and let your winners run. Example - I use a swing trade methodology that is profitable only about 45% of the time but the average net gain from all trades (winners and losers) is about 2.5%. I do these trades 4 - 5 times/month. Take 4.5 trades X 45% X 2.5% and you have a monthly gain of 5%. That's a 60% annual return, folks.

[New-born baby]

That's right

<< Mr. O'Neil admitted that less than 50% of his trades were profitable. Thomas Bulkowski, author of "Encyclopedia of Chart Patterns," admitted in SFO mag this year that for his lifetime, he is a 49% trader. >>

Being right only 50% of the time can be very profitable IF you cut your losers short and let your winners run. Example - I use a swing trade methodology that is profitable only about 45% of the time but the average net gain from all trades (winners and losers) is about 2.5%. I do these trades 4 - 5 times/month. Take 4.5 trades X 45% X 2.5% and you have a monthly gain of 5%. That's a 60% annual return, folks.

60% annual return (5% per month) or better is what my goal is.

[New-born baby]

Hard to say

hey newborn...what do u think of URBN here bought in at 27.50......i think a bottom has been reached....i say a target price of 41...what do u feel???

Ninner,
URBN is one of the most difficult for me to say what she'll do. Had a nice move up on Monday on very powerful volume, but that chart is wide, loose, and with several gaps, so it is too unpredicatable for me to be able to say with any Dow Theory certainty.

Sorry I am not more help. I want to be optimistic and realistic and logical--I can't say right now. I would agree that if URBN can clear the $35 resistance, then $41 is certainly possible because resistance above $35 is very weak. However, there is significant resistance from where she currently sits to $35. Furthermore, I would say that if the current price fails, and $28 fails, then $26 is coming back in vogue.

http://img216.imageshack.us/img216/2098/chart11em.gif

[ninner]

expect it

to head to the 200 day one more time..and worse case to fill that gap...however, after that i expect it to make new highs at least that is what i am speculating.... will be adding more once i see a bullish candle as it heads down.

[Peter Hansen]

New Born BBC Nice Fundamentals

New Born BBC has some nice fundamentals and at 15.50 is undervalued compared to what its current value should be 24.62. The graph may be extended ......what say you ?

[New-born baby]

A Runner

New Born BBC has some nice fundamentals and at 15.50 is undervalued compared to what its current value should be 24.62. The graph may be extended ......what say you ?

Pete:
I'd chase this one. Yes, extended chart, but all winners have extended charts. She's running like wild horses in the Nevada desert. And right here you at least can buy at some kind of support: the 10 day and the channel coincide right here. Channel points to $$25. I would put a stop under it . . . .

http://img210.imageshack.us/img210/4266/chart13gc.gif

[Peter Hansen]

New Born Thanx

Pete:
I'd chase this one. Yes, extended chart, but all winners have extended charts. She's running like wild horses in the Nevada desert. And right here you at least can buy at some kind of support: the 10 day and the channel coincide right here. Channel points to $$25. I would put a stop under it . . . .

http://img210.imageshack.us/img210/4266/chart13gc.gif

NB once again thanx for an excellent stock analysis ....Let's both make money on this mustang!

[DSteckler]

<< I'd chase this one. >>

I'd be cautious but that's just me. BBC is double its 200DMA and the weekly bar reflects a standoff between buyers and sellers. Once a stock has doubled its 200DMA (or is 1.5X the 50DMA), the probability of a reversal is greater than the probability of a continous move higher.

A pullback to the 20-day EMA, currently around 14.15, would be a lower-risk entry. The EMA acted as support when tested on 12/30 and 1/3.

[Peter Hansen]

D Steckler

<< I'd chase this one. >>

I'd be cautious but that's just me. BBC is double its 200DMA and the weekly bar reflects a standoff between buyers and sellers. Once a stock has doubled its 200DMA (or is 1.5X the 50DMA), the probability of a reversal is greater than the probability of a continous move higher.

A pullback to the 20-day EMA, currently around 14.15, would be a lower-risk entry. The EMA acted as support when tested on 12/30 and 1/3.

Thanx for your input ....hey we are the band of brothers in here and all points of view are valuable!

[Peter Hansen]

The Triple Crown

New Born sifted through some stox and came up with these 2 jewels ..LMS and RES both have great fundamentals ....but they are hot and a pullback should be coming. Good Triple Crown candidates LMS, RES and BBC !!

[jiesen]

now what was it I said about RBSY?

http://finance.yahoo.com/q/bc?s=RBSY.PK&t=5d

oh yeah, here it is:

Yeah, I would have to concur with #2 there. I guess it would have been great to have picked this up at 0.2, 0.4, or 0.8, and who knows, it just might run all the way to $2. But there's no way this company with $25,000 on its books can justify a $57,000,000+ market cap, which is what you get when you multiply the OS by a stock price >$1.

https://www.otcstockinfo.com/repository/655620/655620_FR9.pdf

From what I read so far at pinksheets, this flurry of PR is all just a pump so they can sell a few million shares for the rollout of a better mousetrap (checkout machine). See for yourself at:

http://www.pinksheets.com/quote/quote.jsp?symbol=RBSY

Sure, if they really have some novel product that sells, they could make money, but there's no evidence to show that it'll ever happen, and I sure wouldn't say it's worth $50M for that "potential". Now the chart does look intriguing (not that I really know squat about TA) but so did ROTB and every other P&D on its initial rise. If you buy it, just make sure you're out by the EOD, and set a tight stop. You sure don't want to own it when the TA that's sucking people into this right now breaks down. The only thing moving this up right now is its own momentum, imo, and possibly a well-orchestrated pump by some boiler room guys in Vegas. caveat emptor.

[DSteckler]

<< RES >>

That's my brother's initials. He can be a putz at times so I won't buy this one <VBG>.