Skiracer's stock slopes

[Peter Hansen]

Ski question?

Ski , Perhaps after you have completed stroking your palm tree , and shaking your coconuts LOL, you could use your expertise in analyzing DYAX ?
It appears to be at a bottom coming up and perhaps some money can be made here .....volume is low but it may have possibilities?
Thanx BRO and carry on ....I don't wish to interrupt anything.....have great day!

[riverbabe]

River obviously your son-in-law is not a born again christian LOL! My Bro In Law was a former Scientologist ......now that's a scary group!Religions are basically good.....but fanaticism is where they become crazy!

Actually, he leans toward Buddhism.

[yoyomama]

My son-in-law's 56th two days before. mother-in-law like me?

Okay riverbabe...I'm doing the math, if youre son-in-law is 56 & that's you holding the fish...Yow!

[riverbabe]

Okay riverbabe...I'm doing the math, if youre son-in-law is 56 & that's you holding the fish...Yow!

He is a WHOLE LOT older than my very young daughter!

[yoyomama]

He is a WHOLE LOT older than my very young daughter!

Ooopsss. Heh.

You done good!

[skiracer]

Ski , Perhaps after you have completed stroking your palm tree , and shaking your coconuts LOL, you could use your expertise in analyzing DYAX ?
It appears to be at a bottom coming up and perhaps some money can be made here .....volume is low but it may have possibilities?
Thanx BRO and carry on ....I don't wish to interrupt anything.....have great day!

Pete,
I didn't see that much in the chart that interested me. looks to have bottomed out and the symetrical triangle, although a bullish pattern, is not one of the best that i have seen and somewhat of a stretch to even label it that. this would be the point to buy it you are looking for an entry. when they touch the bottom or top lines of the triangle they usually reverse. in that case it would be to the upside. there might be something there in the area of a half point to a point right here.

[skiracer]

I'll post a chart later tonight but I'm shorting C right now into the govt selloff of their 7.7 billion shares. this is going to provide one of the greatest buys after they get done selling their position. patience for the next month or so until after they report earnings and the govt sells off what they own. $3.25 to $3.50 range is what i am looking for.

[Peter Hansen]

SKI Thanx

Pete,
I didn't see that much in the chart that interested me. looks to have bottomed out and the symetrical triangle, although a bullish pattern, is not one of the best that i have seen and somewhat of a stretch to even label it that. this would be the point to buy it you are looking for an entry. when they touch the bottom or top lines of the triangle they usually reverse. in that case it would be to the upside. there might be something there in the area of a half point to a point right here.

Ski as usual ........great analysis ..........I will just watch this one and see if it does break out!

[skiracer]

[B][

I'll post a chart later tonight but I'm shorting C right now into the govt selloff of their 7.7 billion shares. this is going to provide one of the greatest buys after they get done selling their position. patience for the next month or so until after they report earnings and the govt sells off what they own. $3.25 to $3.50 range is what i am looking for.

/B]

I would exercise patience right here by staying out of it to the long side yet or if you need the action short it into the govt sale of their 7.7 billion shares. yes that's 7.7 billion shares. what would and offering of 7.7 billion shares at $3.75 or lower do to the share price. well i think this is going to be the same thing. once this is out of the way anything under $3.50 is going to seem real cheap. there is some buying support being shown here right now with the price holding above $4 for the past 3 days. once it breaches $4 the flood gates will open.

[skiracer]

[B]Go Duke Blue Devils. Ring up another national championship. And what a barnburner!

[wooish]

Ski

Are u still bearish on C? I know the gov't announced that they want to sell shares this year but no one knows when. Chart still look bullish. Additionally ADAT is going back to its same old behavior, are you still holding?

[billyjoe]

Ski,
NJR at 39. How much better can it get? When I'm smokin' my Cuban cigar on some sparsley populated isle, I'll toast you with a local favorite beverage even if it is of my own making.

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

[skiracer]

Ski

Are u still bearish on C? I know the gov't announced that they want to sell shares this year but no one knows when. Chart still look bullish. Additionally ADAT is going back to its same old behavior, are you still holding?

wooish,
i'm still thinking bearish on C and have been shorting it a little bit at a time from around $4.24. so i am a couple thousand shares short right now with it. but over the long run i am bullish on C. i just want to see where the price goes after the govt starts to unload their 7.7 billion shares. I re-entered ADAT back at $1.02/1.03 range and bought another 2000 shares this morning at $1.02. so i'm holding around 5000 shares of that right now from $1.02/1.02 range.

[skiracer]

Ski,
NJR at 39. How much better can it get? When I'm smokin' my Cuban cigar on some sparsley populated isle, I'll toast you with a local favorite beverage even if it is of my own making.

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

Billy,
I was looking at it this morning and saw that it was close to $39 and was thinking that you would be happy with that. hold on and you will see $48/50 range for sure.

[wooish]

wooish,
i'm still thinking bearish on C and have been shorting it a little bit at a time from around $4.24. so i am a couple thousand shares short right now with it. but over the long run i am bullish on C. i just want to see where the price goes after the govt starts to unload their 7.7 billion shares. I re-entered ADAT back at $1.02/1.03 range and bought another 2000 shares this morning at $1.02. so i'm holding around 5000 shares of that right now from $1.02/1.02 range.

I don't know what your target ADAT price was when you previously bought them at around $1, I hope you sold ADAT on the rip when it was over $1.10. I hope to get some at around .98 if it ever goes there again.

I was tempted to short C at 4.29 today but I dun have a margin account. I'm looking into may be buying some May/June $5 puts. The only thing I'm worry about shorting C is I have a feeling that they might bring up the price of C so our government can unload their shares. However I do believe C will go back to $3-3.5 range.