Hot Pick Of The Day

[New-born baby]

Pretty accurate

Spike how accurate is this?

Dmk,

When you are speaking about "gap fills", my experience is:
If the price falls through the floor, pretty accurate.

The statistic for the last year is this:

Gaps are filled 53% of the time within 10 days. And in weaker markets (like we have now) the percentage goes up. I realize that MFLX's gap is probably close to 3 months old. But we do have a weaker market, so you should have an exit strategy in mind, or at least prepared for the possibility.

(source: Traders.com)

Very best of trades to you.

[New-born baby]

Free Magazine

Investors,

Traders Magazine wants to give you a free 3 month trial. No credit card required.

https://www.traders-mag.com/content.php?preview=&tmpl=3&lang=en&section=10"

This link works--I tried it.

[New-born baby]

Look at this: SYGR

Take a close, close look at this!
They just announced a .42 dividend. That provides a nice cushion for this possible daytrade, or keeper.

Possible plays:
Buy at 3.90
Stop loss at 3.75 (or dont--the divy would be 10.8% at 3.90 price).
Use a trailing stop.

[IIC]

Greenhorn here,

Notice how the touch of the Bollinger bands most often signals a reversal for the next day. (This is not a recommend to short).

Runner, the Handisnap works!

Yes...that is the common theory...but what is your take on stocks that bust thru the upper BB?

[New-born baby]

Yes...that is the common theory...but what is your take on stocks that bust thru the upper BB?

If one was foolish enough to short the thing, let's hope they were smart enough to use a stop-loss!

Look at SYGR--now that one kinda 'busted through' the upper Bollinger band, wouldn't you say?

[New-born baby]

Fro

Folks,
This thang is red hot. Do you know why? Because she pays a 20% dividend! But more than that, she's going to pay you an additional share of SFL for every 4 shares of FRO you own! HOT SHOT PICK OF THE DAY!

[spikefader]

FRO: inverted SHS targets 61.40 too

[billyjoe]

Fro

Is this for real? What if I put in a market order pre-opening and it opens 30% higher? This happened to me once. What do you suggest, New-Born?
billyjoe

[New-born baby]

Suggestion

BillyJoe,

Let the market open and see what happens. I am going to try to buy at open, but NO PREMARKET ORDER. TOO RISKY for me. I'll push the button myself. Furthermore, I am going to enter a small position and if the market proves me right, add more. That's the plan. No exit plan. A 20% divy makes a great pacifier. As long as this baby can pay the divy, the value is there to hold up the price.

The ex-date is Thursday, so we'll have to move ASAP. Very best to BillyJoe!

And why not enter a small position in SYGR? That divy is going to hold the price up. What's that you say? I don't care that SYGR is a sewage company!

[spikefader]

Limit orders will avoid that billyjoe. Might not fill, but at least you're protecting against an ugly fill. A limit order will help you buy according to your plan. Don't ever use market orders to buy the open - or anytime for that matter - unless you're watching premarket (or normal hours market) action, can see level 2 volume and depth. If you can't see that then you're trading blind and leave the door open to savage market maker tricks and ugly slippage. High volume stocks you generally don't have to worry so much, although pre and aftermarket is still and will always be unpredictable, it's just the nature of the beast. Low volume stocks you really gotta be careful to avoid slippage at any time of the day.

[billyjoe]

New-Born and Spike,
Thanks . I have a funny story regarding sewage, SYGR caused me to recall it. The cousin of my wife had a job in the office of an oil company for over 20 years starting just out of high school. To the surprise of everyone they went under. She now works for a port- a -john company. It's very stable, there's no competition, nobody else wants anything to do with the business, she's set for life and very happy. Reminds me of our local septic tank pumper. Nobody gives him advice, he works at his own pace, is financially secure, and doesn't put on airs.
billyjoe

[New-born baby]

Fro

BillyJoe,

I'm in at $50.00.

Tomrich
EENC= I'm in.

[New-born baby]

BillyJoe

BillyJoe,

I'm in at $50.00. SFL, which you get as an added bonus (1 share for every 4 FRO you buy) is currently selling for 22.25, up .52.

Tomrich
EENC= I'm in.

Let's hope she bounces back up.

Good time to dump NGPS>

[billyjoe]

New-Born,
49.62 I'm figuring how many new snow shovels can be purchased with my dividends.
billyjoe

[jiesen]

ngps

Good time to dump NGPS>

I disagree. 21 is a great price to buy NGPS, not sell it, IMO.