Skiracer's stock slopes

[skiracer]

Ski... nope, I exited my FAZ position @ 18.89 (average).... lost -3%-ish

So much fer my "FAZ will see $27 before it sees $17" prediction. lol

It do look tempting down here below $17 now don't it?

I'm glad you're out of it lye. i was worried that you were still holding it and dont remember you saying you had exited the trade. i thought you had mentioned you were holding 10000 shares from $19.89 which is still a big hit at getting out at $18.89. I kind of liked it myself last week but didnt buy any of it. i'm still not sure where this market is getting it's strength but with the republican winning in mass. the market should get another good boost although there are a number of larger banks reporting this week and that could pull down the financial sector if their reports arent positive. well im glad you took the hit and got out when you did. at this level you justs might get a chance to recoup.

[skiracer]

I really like the analysis of all your picks so I bought 4k shares of ADAT @ 1.07. In your opinion would you hold this stock more than 2 months if it doesn't reach your target? Would you continue to accumulate if it falls below $1? My thinking is that if the stock has decent fundamental I wouldn't mind averaging down.

I have a rather large position right now as it is wooish so i dont think i will be accumulating any more myself. i also believe that the fundamentals are strong and it has a state of the art product and service that is just now coming into its own and should provide them with a lot of new business. Im going to hold on and see where it goes but im pretty sure i wont be buying anymore or averaging down. im in at 1.05. i will be holding it for at least two months to see how the situation with the warrants works out for the price of the stock. i love to see people make money but hate it when something that i mention doesnt materialize the way i expect it to or as quickly as i expect it to. i will keep you informed of any moves i make with the trade but please manage the trade the way you would to preserve your own capital. i appreciate your confidence in my analysis of these trades but nothing is for sure except the fact that i spend alot of time doing my DD and dont just jump into these trades unless i think they hold water.
I noticed this morning that there was a news release that should provide a nice boost to the trade. they signed on another large medical related company that is going to use their platform.

[skiracer]

Just an update on the three trades that I am currently holding and have posted on this past week or so:

ADAT: disappointed that it has not made the move yet that I am looking for in this trade. but patience will pay off. there has been plenty of good news coming out on new contracts and heavy interest in their product.



SCSS: this stock has made a tremendous move up since the middle of 2009 and there is room for profit taking. still very strong fundamentally and my expectations are that once that profit taking is over with this trade will make the move I am looking for. still even looking into the face of profit taking the chart looks very nice and the developing pattern is quite bullish:



WBS: I'm up $1.30 with the trade in a bad market for the financials and financial sector in general. looking for $20 range from this stock and once the market ends this correction and the financials get out from under the oppression Obama is trying to place on them this one will be one of the leaders in a big move up. still not a bad entry point right here or at any point lower if that does happen. showed great strenght in todays general market selloff:

[billyjoe]

Ski,
I'm in with you on ADAT @1.05. It was hard to get it at that price. Nice stability.

------------billy

[skiracer]

Ski,
I'm in with you on ADAT @1.05. It was hard to get it at that price. Nice stability.

------------billy

i'm glad you made the trade billy. but i was hoping for a move up by now. i see where they have been doing well with acquiring new accounts of late but no cigar on the price movement up yet which i find disappointing. i guess we're going to have to be patient.

[skiracer]

i am having nothing but trouble with my posts here lately. I post something and it doesnt come up until the next day. someone posts something on my thread and when i click on it it doesnt come up. sometimes when i click on a thread i get a page that stated that internet explorer cannot display the page. this week i posted my pick thru the page ody put up for our entries and my pick didnt get recorded. this has been going on for several months now and although i have spoken to karel and ernie about what has been going on none of us has been able to come up with a solution to the problem. i dont think it is stemming from my end or my computer. i am sorry but the frustration of it all has brought me to the point where i am done with it and wont be posting anymore. sorry.

[skiracer]

billy,
I'm glad you made the trade. i am a bit disappointed with the trade in that it hasnt made the move that i was looking for yet and that it has given back all of the gains that it had made previous to todays close. i see where the company has been signing up new customers of late and that is a good sign but no cigar on upward price movement. i guess patience is going to be the key for awhile. i am still holding and will advise you of any info or move that i make.

[peanuts]

... i have spoken to karel and ernie about what has been going on none of us has been able to come up with a solution to the problem. i dont think it is stemming from my end or my computer. i am sorry but the frustration of it all has brought me to the point where i am done with it and wont be posting anymore. sorry.

That stinks, man. I haven't had any problems on my end, but that doesn't mean that others are not experiencing what you are. Perhaps your internet browser is the problem... what do you use? Microsoft IE, Google Chrome, Apple Safari, Mozilla Firefox, or something else? Have you tried to clean your computer's history, cookies, temporary files, etc.? I would start there and then try a different browser, like Firefox, if that doesn't help. You can download it here:

http://www.mozilla.com/en-US/products/download.html

Keep posting.

[billyjoe]

I never have problems here but Internet Explorer doesn't work on this computer and it messed up other computers that it did work on. I'm using Mozilla.

---------------billy

[Peter Hansen]

Ski

Ski I have cable vision package with optonline ......many times since I have a long cable run the computer signal drops out and I lose internet connection. Maybe you have a similar problem?

[skiracer]

That stinks, man. I haven't had any problems on my end, but that doesn't mean that others are not experiencing what you are. Perhaps your internet browser is the problem... what do you use? Microsoft IE, Google Chrome, Apple Safari, Mozilla Firefox, or something else? Have you tried to clean your computer's history, cookies, temporary files, etc.? I would start there and then try a different browser, like Firefox, if that doesn't help. You can download it here:

http://www.mozilla.com/en-US/products/download.html

Keep posting.

peanuts,
I'm using internet explorer 7 and am not having any kind of problems at all anywhere else.

[skiracer]

just a test. now it seems to be working properly.

[skiracer]

mind boggling. now it seems to be working properly. i think im going nuts with this.

[peanuts]

I took my losses on ADAT. Even if they've got a good story, I wasn't really in it for that... was just looking for some quick gains based on technicals. The chart was compelling, but I no longer like the trade. Good luck with it

[skiracer]

I took my losses on ADAT. Even if they've got a good story, I wasn't really in it for that... was just looking for some quick gains based on technicals. The chart was compelling, but I no longer like the trade. Good luck with it

Sorry that it didnt provide what you were looking for peanuts. im somewhat disappointed myself that it hasnt made the move i was expecting as soon as i was expecting it. im still holding.