Hot Pick Of The Day

[Lyehopper]

.... and make my steak well done.

Why would you ruin a fine cut of beef by over cooking it NBB?.... That's just plain sick! jejeje

[New-born baby]

Here's a buy I made Thursday: BTU for $52.68. Has a first target of $59 and PnF likes it to $68. If you are looking for an entry here, it may retest support at $54 Friday or Monday.

Recommended June 30.
Today trading up at $59.25 and hot, hot hot! Up over $4 today.

[New-born baby]

Mflx

MFLX forming a possible inverted head and shoulders. Watch this one closely.

[New-born baby]

Btu

Recommended June 30.
Today trading up at $59.25 and hot, hot hot! Up over $4 today.

Took some profits at $59 and $59.39. Looking for a reentry price.

[New-born baby]

I bought ACI at $39.90 and $39.66 on Wednesday. Here's the bullish double bottom breakout that signals a $46 target, minimum. (Pnf likes it to $51).

Still holding this one. Not as impulsive as BTU at this time.

[New-born baby]

Lye, can I borrow your posthole digger?

MFLX forming a possible inverted head and shoulders. Watch this one closely.

Hahahahahahahahaha.
If she drops below $27, well, you can forget the inverted head and shoulders. What you should probably do is get a shovel and start digging a hole so you can find the bottom. UGH!

[New-born baby]

Mflx

Sell the out of the money calls because this one is toast.

[New-born baby]

Attention: Gamblers

Yes, Lyebaby, PARL may bounce very soon. Looking like Paris may get PARL to bounce around $9. What's the name of that stinkin' perfume she sells?

Okay you gamblers who like the smell of Paris Hilton's perfume. PARL is currently trading at $9, which qualifies as a double bottom. A buy here, with a stop at $8.75, gives you a risky entry in a risky stock. Hey, you want safety? Go buy a safety belt, or trade a stock with an option chain. After all, Paris is not exactly a safe girl.

Just for Lye's sake, I put a buy order in at $8.99, and we'll see how sorry I am for it later.

EDIT: I am in at $8.99. I also set the stop at $8.75 because $8.76 was the ultra bottom on the last touch.

[IIC]

You were certainly right about MFLX...when you posted the chart I thought to myself.....UGLY...Doug(IIC)

[New-born baby]

Parl

IF PARL's bottom holds here at $8.99, then my first target is $11.00 I am risking .25 for $2.00, a realistic 8:1 r/r. Second target would then be $14.00.

I am looking for $11 in the next seven trading days. Stops in place.

[DSteckler]

IF PARL's bottom holds here at $8.99, then my first target is $11.00

What method did you use to arrive at a target of $11?

[spikefader]

IF PARL's bottom holds here at $8.99, then my first target is $11.00 I am risking .25 for $2.00, a realistic 8:1 r/r. Second target would then be $14.00.

I am looking for $11 in the next seven trading days. Stops in place.

Nice r/r and technical entry New-born and I gotta applaud the plan and execution. I wouldn't touch this toasty stock personally, but good luck anyway!

[New-born baby]

Top of the W

What method did you use to arrive at a target of $11?

I am looking at the top of the double bottom formation.

[New-born baby]

Where's the bottom?

Nice r/r and technical entry New-born and I gotta applaud the plan and execution. I wouldn't touch this toasty stock personally, but good luck anyway!

Spike,
Where's the bottom on your chart? When I look at the monthly, I see $8.69 is a support from several years ago. Or are you looking at earthworm city?

[DSteckler]

Stock was well below $1 in 2002.