Skiracer's stock slopes

[steelman]

Aeis

Ski,

Thanks for the write up. I am thinking about buying some March $15 call options on AEIS Will you let me know your thoughts on that? I am new to the option world, but my first 2 option trades this month with SDS were both profitable.

Thanks,
Steel

[wooish]

Ski

Great analysis. I'm currently holding FUQI, ACLS, ADAT, EGT and a few contracts of April $60 calls on BUCY. What do you think about EGT? their ER is coming soon and I have a feeling it will shoot to at least .40 as MM has been holding it down for a few months now. I'm still debating on ADAT because something is definately brewing either good or bad as it looks like someone is holding this baby down.

[skiracer]

Ski,

Thanks for the write up. I am thinking about buying some March $15 call options on AEIS Will you let me know your thoughts on that? I am new to the option world, but my first 2 option trades this month with SDS were both profitable.

Thanks,
Steel

Steel,
since i like the stock long i would normally think the calls would be a decent play but with the options, both calls and puts, alot of other factors come into play. first i like the stock but have not bought it yet because of the way the markets are playing out. if we were in a definite uptrend then i would jump right into the stock trade itself and a definite uptrend would make the calls more attractive. but we are not in a definite uptrend and at best the market technicals seem to be pointing more to the downside at the present time. with the downside there will be bounces up but the overall trend looks more down right now which will play a big part in whether or not AEIS makes a move up from yesterdays close. and that plays a big part on the movement of the option. another real important factor with the option is the time element or "time decay". right now the march $15 calls closed at .40 yesterday. this morning the bid is .30 and the ask is .40 with 38 days remaining to expiration. because of the hesitancy in the mindset of traders and everyone regarding the markets and the economy and the market trend looking more to the downside overall the chances of AEIS making a move up is iffy right now and with only 38 days left in the march contracts time becomes a key element with the calls. you have to understand the mentallity of options traders and what is called "volitaility" regarding options. the stock could easily make a move up over the short term but the calls could easily go the other way because of the volitaility and the time decay or time left to expiration. i'm not going to get into explaining time decay or volitaility regarding options but both are quite important and you should take it upon yourself to educate yourself and learn about their significance and effects on the options before trading in them. at the present time if i were going to entertain a call option on AEIS i would be looking for more time to expiration. the april $15 calls have 66 days left to expiration and closed yesterday at .60 and the bid is .45 and ask is .60. the april $15 call gives you another 32 days of "time" but costs you .20 more right now and that may change. one way i make a determination with these options is to watch both to see where the money is going or which expiration date is receiving the bigger play. but for sure more time is better if the cost factor isnt that much higher. my recommendation is for you to learn more about options and the things that have the most significance on their movement and to look for more time with this play. i wouldn't gamble with the time of 38 days vs 66 days. i would definitely pay the premium of .20 and go with the april $15 call vs the march $15 call and the extra time with the april call. www.opvest.com, www.optionsanimal.com, www.cboe.com, www.optionsexpress.com, are all good sites that will provide you with the info that i have suggested you know about options and will increase the edge in your favor substantially. good luck with them.

[skiracer]

Ski

Great analysis. I'm currently holding FUQI, ACLS, ADAT, EGT and a few contracts of April $60 calls on BUCY. What do you think about EGT? their ER is coming soon and I have a feeling it will shoot to at least .40 as MM has been holding it down for a few months now. I'm still debating on ADAT because something is definately brewing either good or bad as it looks like someone is holding this baby down.

Wooish,
sometimes i like to take a flier on these penny stocks but in all honesty i don't play with them in any serious fashion. with ADAT good friends of mine know the outfit and although it is not "insider info" they told me to take a look at the stock because of a number of strong fundamental factors. at .26 EGT is worth a few thousand shares in my book but only if you have extra capital to play around with. if it hits then it's a windfall like JBII but i wouldnt look at it as the type of stock that i would normally trade and count as a reliable setup because of it's technicals / fundamentals / or it's chart pattern. at .26 two thousand shares would cost you $560 which is a pitance if it makes a bold move but it is not going to get you out of town if you know what i mean. do you think that it could possibly make a move up to over $1 on it's next earning report. i don't know and haven't looked at it's fundamentals or what it does. the chart looks like it could make a move in either direction as it is tracking right between support at it's 100 ema at .26 and resistance at it's 200 ema at .29. it did form a cup and handle pattern a while back and has filled that gap up at .28 and has settled into a narrowing rangebound pattern along it's 100 ema at .26. i honestly couldnt say whether i think it will move to the upside or downside over the short term.

Regarding ADAT. i own a pile of it and am still holding it. i like the way it has performed over the past couple of weeks as it has held it's own in a crappy market. i dont like that it was at a high of 1.18 and gave it all back to settle in at around $1. right now i'm averaged in at $1.025 and i'm down .025 on alot of shares but still confident that the trade will work out so my advice to anyone still holding shares is to hold on since you have been holding this long now it would seem foolish to exit the trade so close to seeing which way the wind is going to blow. on the other hand if after the earning report the picture isnt any clearer or it drops on a negative report then i would definitely take my losses, lick my wounds, and take whatever capital is left in the trade and move on.

[wooish]

I currently own 40000 EGT shares and I'm expecting to reach at least .40 after earning on 3/9. The reason being is that the CEO has been buying shares with both his $$ and compensation options. The CEO's salary is $1 + stock options.
They also recently has a few contracts and future looks very promising. I'm willing to take this risk expecting a decent return after 3/9.

[skiracer]

I currently own 40000 EGT shares and I'm expecting to reach at least .40 after earning on 3/9. The reason being is that the CEO has been buying shares with both his $$ and compensation options. The CEO's salary is $1 + stock options.
They also recently has a few contracts and future looks very promising. I'm willing to take this risk expecting a decent return after 3/9.

in that case it would certainly be a nice play if it makes the move you are looking for. good luck with it wooish.

[skiracer]

Ron Paul is awesome but he'll never be president because he tells it how it is and doesn't say things to be "popular" like BO... What's the link Ski or name of the vid?

[B]I believe this is the link to that ron paul / youtube video:

http://moneycentral.msn.com/community/message/thread.asp?board=MarketTalkWithJimJubak&ThreadID=1604486

[peanuts]

[B]I believe this is the link to that ron paul / youtube video:
http://moneycentral.msn.com/communit...readID=1604486

holy crap... new member already spamming us with links

[skiracer]

holy crap... new member already spamming us with links

[B]Peanuts,
not a new member but skiracer's new username "Belaruse". this link will take you to the ron paul video link i had posted on earlier. i took karel's advice and registered as a new user so now i'm a junior member. plus i took both your's and lye's advice and converter my browser over to mozilla firefox. what a difference. but anyway it's me skiracer in my new skin.

[peanuts]

[B]Peanuts,
not a new member but skiracer's new username "Belaruse". this link will take you to the ron paul video link i had posted on earlier. i took karel's advice and registered as a new user so now i'm a junior member. plus i took both your's and lye's advice and converter my browser over to mozilla firefox. what a difference. but anyway it's me skiracer in my new skin.

yeah, I was just razzing you, ski... er, belaruse. I saw your post on Karel's thread. Good to hear that things worked out for you.

[Karel]

yeah, I was just razzing you, ski... er, belaruse. I saw your post on Karel's thread. Good to hear that things worked out for you.

Let’s wait a bit to see if things remain stable for ski, and then I’ll try to fold his old user account into his new one. But belaruse is a moderately spammy user name, yes.

Regards,

Karel

[billyjoe]

Ski er Bela,
Just added more NJR at 33.55. You could say I'm averaging down. This is not like catching a falling knife in my opinion, NJR is a stable high performing company with an excellent track record. Will be buying more in the 32's if it goes that low.

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

[skiracer]

Ski er Bela,
Just added more NJR at 33.55. You could say I'm averaging down. This is not like catching a falling knife in my opinion, NJR is a stable high performing company with an excellent track record. Will be buying more in the 32's if it goes that low.

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

Personally i dont think you could buy a more stable company billy. if it goes as low as $32 or lower i will be picking up some more for my own retirement acct. i hope you're putting what shares you have in a dividend reinvestment plan or acct if you can afford to let the money sit there without having to use it.

[billyjoe]

Ski,
Yep, reinvested fer sure.

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

[riverbabe]

wait wait

[B]Peanuts,
not a new member but skiracer's new username "Belaruse". this link will take you to the ron paul video link i had posted on earlier. i took karel's advice and registered as a new user so now i'm a junior member. plus i took both your's and lye's advice and converter my browser over to mozilla firefox. what a difference. but anyway it's me skiracer in my new skin.

It can't be you! You're not thinking out loud boldly in long paragraphs.