Skiracer's stock slopes

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  • yoyomama
    Senior Member
    • Mar 2009
    • 219

    Originally posted by skiracer View Post
    but what really bothers me of late is the lack of good stock discussion from the members. good stock talk is what really drives membership up. without that people lose interest and begin to wonder if it is worth spending their time with it. i dont think it matters whether or not you're new to trading or an experienced trader. it's good dialogue that keeps the interest up and will push membership.
    [/QUOTE]

    About CBOU...I'd like to add to the discussion but I don't really know much about chart reading & all that. I do know that this stock has been tanking for days. Any theories other than the Market sucks?

    Comment

    • skiracer
      Senior Member
      • Dec 2004
      • 6314

      About CBOU...I'd like to add to the discussion but I don't really know much about chart reading & all that. I do know that this stock has been tanking for days. Any theories other than the Market sucks?[/quote]

      any kind of worthwhile stock dialogue is better that none. whether it be dialogue regarding technical analysis or fundamental analysis from newcomers or experienced traders doesnt make a difference as long as there is dialogue. of late there hasnt been much of either going on here. that's basically what i meant and im not placing blame anywhere because i dont know or understand the reasoning behind the lack of it.
      regarding CBOU, which i still like alot and much moreso at this reduced price, paste this address into your browser,http://news.moneycentral.msn.com/tic...45&Symbol=CBOU, and it will give you more insight as to why it may have dropped as much as it has. other than institutional realignment of their ports and the markets selling off the only reasoning i have it what they say in this article. i'm looking to be a buyer here soon. i think it is cheap at this price and if you look at the weekly chart you will see a decent uniform double bottom cup base with a handle near completion and a 20 ema crossover that has just taken place quite recently which is supplying a support level right below todays price action. you know how i feel about those moving average crossovers to the upside and coupled with the double bottom cup base and handle it looks kind of bullish to me. it has had quite a run up recently so profit taking in a crappy market is normal and this drop is going to provide a nice entry. i acutally might be a buyer this afternoon.
      THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR

      Comment

      • yoyomama
        Senior Member
        • Mar 2009
        • 219

        I know this, the day that I saw it got listed on the Russell 3000 Index...I thought okay, don't know much about that but it sounds like a positive. That's the day it started heading south.

        Thanks for the link. I might get in again.

        Comment

        • skiracer
          Senior Member
          • Dec 2004
          • 6314

          Originally posted by yoyomama View Post
          I know this, the day that I saw it got listed on the Russell 3000 Index...I thought okay, don't know much about that but it sounds like a positive. That's the day it started heading south.

          Thanks for the link. I might get in again.
          i just bought it at $4.87
          THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR

          Comment

          • wooish
            Senior Member
            • Dec 2008
            • 499

            I have my 1k order filled at $4.75. I would set my stop loss at $4.50 because the 100 EMA is at $4.51. Good luck to all. I might get some more if it goes to $4.6. Looking at the chart, it's getting back down to the oversold territory.
            Last edited by wooish; 07-13-2009, 07:36 PM.

            Comment

            • skiracer
              Senior Member
              • Dec 2004
              • 6314

              Originally posted by wooish View Post
              I have my 1k order filled at $4.75. I would set my stop loss at $4.50 because the 100 EMA is at $4.51. Good luck to all. I might get some more if it goes to $4.6. Looking at the chart, it's getting back down to the oversold territory.
              nice logic wooish. im in at 4.87 and my 7% stop loss at 4.52 just happened to coincide with the 100 ema at 4.51. i had a doctors appointment today and decided to buy at 4.87 before the markets closed and and i wasnt arouind and missed it. nice entry on your part. good luck.
              THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR

              Comment

              • skiracer
                Senior Member
                • Dec 2004
                • 6314

                here is some interesting commentary that i receive weekly. its free from an outfit called Acuvest. if anyone is interested let me know an i can hook you up. very interesting take on the economy, the markets, and a number of other things related to all of that.





                THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR

                Comment

                • wooish
                  Senior Member
                  • Dec 2008
                  • 499

                  Ski

                  Can you please hook me up to the free newsletter? Thanks

                  Comment

                  • skiracer
                    Senior Member
                    • Dec 2004
                    • 6314

                    Originally posted by wooish View Post
                    Ski

                    Can you please hook me up to the free newsletter? Thanks
                    wooish,
                    email this guy, mario moreno at [email protected]. mention my name, ed gura, and that i gave you his email address and that you would be interested in receiving their weekly report. this report comes weekly and is free but they offer many different services
                    THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR

                    Comment

                    • yoyomama
                      Senior Member
                      • Mar 2009
                      • 219

                      CBOU.

                      Come on with some Volume!

                      Comment

                      • skiracer
                        Senior Member
                        • Dec 2004
                        • 6314

                        Originally posted by yoyomama View Post
                        CBOU.

                        Come on with some Volume!
                        i exited the trade at $5.05. not sure i like how the wind is blowing and things are shaping up this morning.
                        THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR

                        Comment

                        • yoyomama
                          Senior Member
                          • Mar 2009
                          • 219

                          Originally posted by skiracer View Post
                          i exited the trade at $5.05.
                          Good one. If I can get out without getting hurt too bad, I'm done. I haven't done too well with this stock in two tries, no one's fault but my own but I think in general I'm a fan of more volume.


                          Check that...just got beat up pretty well.
                          Last edited by yoyomama; 07-14-2009, 11:26 AM.

                          Comment

                          • skiracer
                            Senior Member
                            • Dec 2004
                            • 6314

                            Originally posted by yoyomama View Post
                            If I can get out without getting hurt too bad, I'm done. I haven't done too well with this stock in two tries, no one's fault but my own but I think in general I'm a fan of more volume.
                            i exited on my gut feelings after it couldnt hold over the $5 level. im now looking at ALLI for an entry. love the chart and the fundamentals on this one. i'll try to post a chart later on today. in the meantime take a look if you have the time. you should be up about .16 with CBOU right now which with a 1000 shares is better than being down .16
                            THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR

                            Comment

                            • yoyomama
                              Senior Member
                              • Mar 2009
                              • 219

                              I got in about where you got out...that might be somebody else you're thinking of. I stared at it at $4.74 yesterday but didn't move...my funds were tied up until today. I learned one thing...DO NOT sell CBOU at market price. As soon as the first shares went the price started sliding down. Frightening when you actually see your transaction affect the price. It's not like I bought that much of it.

                              Comment

                              • skiracer
                                Senior Member
                                • Dec 2004
                                • 6314

                                Originally posted by yoyomama View Post
                                I got in about where you got out...that might be somebody else you're thinking of. I stared at it at $4.74 yesterday but didn't move...my funds were tied up until today. I learned one thing...DO NOT sell CBOU at market price. As soon as the first shares went the price started sliding down. Frightening when you actually see your transaction affect the price. It's not like I bought that much of it.
                                sorry yo. i was thinking of wooish. he was in at 4.75. im looking at ALLI right now and am getting ready to pull the trigger somewhere around $5.98 or so. the book value on this stock is $6.60 and the stock is selling at $5.98. beautiful symetrical triangle patter shaping up in its weekly chart and it is right at that point where it has to break either to the upside or downside as it is right at its apex of the triangle. fundies are impressive. cant see it breaking to the downside.
                                THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR

                                Comment

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