Hot Pick Of The Day

[Runner]

[New-born baby]

Fill in the details

Runner,

Thanks for posting on this thread. You are always welcome to throw something up on the board here.

Now, please fill in the details with PTMK. Sure, its had a nice run. But you should give us a long/short bias, entry and exit strategy for us ten cent types over here. Please educate the children on this thread.

And THANKS!

[spikefader]

Very nice Webs! You'll be very happy with Mytrack and direct access. Let us know how it goes, and whether you are impressed with execution speeds or not. I know I was with IB when I first made the switch from a retail Datek account. I remember a few of those days with a grimace. There were a couple times with Datek where I would buy a momo stock with a market order, I'd wait over 15 seconds for confirmation of my entry, only to find the momo had moved a good 10% on me, and I'd bought the top of a spike up! oh boy...then by the time I could get out I'd wait another 15 seconds while I rode it down again. Retail brokers suck just for this reason. If you use a market order, you need a fast fill so you don't get the slippage that occurs when a stock is moving. With direct access, you're in very quickly and it's a definate edge. Even if you only trade occasionally with limit orders, direct access brokers are the way to go; since ANY excessive delay can cost you a great entry.

[Websman]

I'll be using the Mytrack account for short trades and OTC stocks. I'll keep using my tax free Sharebuilder account for my long trades.
It'll be lots of fun!

[Runner]

For a buy and hold it might be a little risky. Notice volume decreasing on a weekly chart. I have noticed how it bounces off the EMA 13 on the daily. I guess one could wait for a P/B to the EMA 13 and see how it acts. Target off the 4.48 bottom was 8.13 for impulse wave. Target for limit wave is 10.39.

For a day trade one might see if it gaps open and wait the first 30 minutes and if still rocking jump in (Stop under gap). Or wait for P/B to support around 8.60 and see if it holds. If that area is taken out look for another set up off intraday or find something else!

At this point I find it hard for me to jump in, but I’ll bump this one up on my list and jump in wait and see mode!

[skiracer]

Runner,
I think you're on to something with this one. Wish you would have mentioned it alot earlier. Missed out on a good portion of it's early run up the right side of it's cup. Still a nice stock and plenty of upside left with it for sure. Are you looking for an entry point?

[skiracer]

I like this one. It's been in an uptrend for awhile now and is due for some consolidation near resistance at 9.75. I would opt to wait to see if it pulls back at resistance. If it begins to form a handle then I would wait just alittle while longer to catch the breakout. It looks like it could be setting up perfectly for that at around 9.75.
Indicators all trending up.

[Runner]

Ski, why are your charts so huge. I can’t help you much about the cup and paddle. I’m not very familiar with it. I would also like to see PTMK turn sideways or P/B some. I need to purge my screen list and dump some of the slackers.

[skiracer]

I like to use the larger size charts. I think it makes it clearer to see. If it is bothering you guys I can easily reduce the size. No problemo. It's Image Shacks fault. I love that site. You can do almost anything you want to and not worry about the sizing.

Aside from all that I think that you have a really good stock play here with PTMK. My own feelings are that it is going to hit that resistance around 9.75 and that will stop it a bit while it consolidates these recent gains. Then I think you're going to see a nice breakout above that resistance. Very nice pick.

[New-born baby]

Ski--I love you, man!

Ski,

We all love your posts. Keep putting them up! But yes, you could cut the screen size down and make us all happier. Helps us read the screen without scrolling left and right constantly.

Thanks for the recommends!

[skiracer]

New Born,
No problem.

[New-born baby]

Thanks, SKIRACER

Ski,

Thanks!

[New-born baby]

Interactive . . . .

All,

I sold everything yesterday, and am in the process of moving over to Interactive Brokers. A cash move is supposed to take 4-8 business days. Let's hope it is just 4 days--I'll let you know. Looking forward to faster fills, streaming quotes from Toronto, penny a share (up to 500 shares, .005 cent thereafter) transactions. My thinking is that I am going to drop the size of my buys. Usually I pick up at least 1000 shares of anything. Now I may drop down to 100 share lots for awhile to build confidence, and test out some of the stuff posted by HUGE-ITES.

Spike, you got me out of Canada at .8083 USD to 1.00 CD, almost the peak. Peak was .8086, and current rate is .8044. THANKS!

Edit: .8012 by 8:45 a.m. CST. DOUBLE THANKS!

[New-born baby]

Lly

Somebody knocked Eli Lilly in the head both yesterday and today. Down another .72 in first 20 minutes today. OUCH!

[New-born baby]

Vtiv

VTIV: down to $18.99. Somebody is jumping overboard.