Skiracer's stock slopes

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  • Websman
    Senior Member
    • Apr 2004
    • 5545

    Ski, JBII is starting to get some attention again...

    Comment

    • skiracer
      Senior Member
      • Dec 2004
      • 6314

      Originally posted by Websman View Post
      Ski, JBII is starting to get some attention again...
      Webs,
      I've been keeping an eye on the chart. Interesting thing going on right now with the chart. I see where it topped out at around $3.50 this past July and then dropped back to $1 this past Dec. Now starting to make a move again which leads me to believe that someone is pushing it and then selling and taking their profits and leaving someone holding the bag. I'm not sure if the stock is solid or just being manipulated. If I were going to bet I would think the later is the story behind the moves. but I am not against making money from the stock if that is the play. I was looking at it when it was around $1.30 range and thinking I would buy a few thousand shares and take a shot and I procrastinated to long and missed this last move. I can see it going back to the $3.50 range but I think it is going to consolidate some right here before moving back to that $3.50 range. So there might be a play there yet.
      THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR

      Comment

      • Lucavia123
        Senior Member
        • Oct 2011
        • 534

        Originally posted by skiracer View Post
        update on TASR and GCA. Still holding both. TASR recouped some today +.18 to close at $5.30 and back above my stop loss of 7%. GCA doing well and up +.12 today to close at $4.57 or +7.5 %. TASR down -.25 or -4.5%
        I am still holding TASR too though it did come close to my sell point. I am glad for the little pop today. I wish I had picked up GCA too but it was not as attractive at the time.

        My PZZI holding is still consolidating.

        Comment

        • skiracer
          Senior Member
          • Dec 2004
          • 6314

          Originally posted by Lucavia123 View Post
          I am still holding TASR too though it did come close to my sell point. I am glad for the little pop today. I wish I had picked up GCA too but it was not as attractive at the time.

          My PZZI holding is still consolidating.
          TASR did cross just a small tad below my 7% stop loss at the close last Friday but I held it to see which way the wind was going to blow at the open this week. Glad I held on. As far as a short term trade I like GCA moreso than TASR. I'm looking to hold TASR for awhile.
          THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR

          Comment

          • Websman
            Senior Member
            • Apr 2004
            • 5545

            Originally posted by skiracer View Post
            Webs,
            I've been keeping an eye on the chart. Interesting thing going on right now with the chart. I see where it topped out at around $3.50 this past July and then dropped back to $1 this past Dec. Now starting to make a move again which leads me to believe that someone is pushing it and then selling and taking their profits and leaving someone holding the bag. I'm not sure if the stock is solid or just being manipulated. If I were going to bet I would think the later is the story behind the moves. but I am not against making money from the stock if that is the play. I was looking at it when it was around $1.30 range and thinking I would buy a few thousand shares and take a shot and I procrastinated to long and missed this last move. I can see it going back to the $3.50 range but I think it is going to consolidate some right here before moving back to that $3.50 range. So there might be a play there yet.

            ouch...Never mind JBII. It's over for them in my opinion. I took a good hit on it today, but still have my prior profits. All is well. Time to find another big winner I guess. jejeje

            Comment

            • skiracer
              Senior Member
              • Dec 2004
              • 6314

              Out of TASR at $5.12. -.43/7.7% loss
              THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR

              Comment

              • bootsmagee
                Member
                • Dec 2010
                • 51

                Can't take 'em all, even though it'd be nice

                Comment

                • skiracer
                  Senior Member
                  • Dec 2004
                  • 6314

                  Originally posted by bootsmagee View Post
                  Can't take 'em all, even though it'd be nice
                  Boots,
                  gotta honor your strategy and rules. can always re-enter. I'll be keeping an eye on it.
                  THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR

                  Comment

                  • Websman
                    Senior Member
                    • Apr 2004
                    • 5545

                    Originally posted by skiracer View Post
                    Boots,
                    gotta honor your strategy and rules. can always re-enter. I'll be keeping an eye on it.
                    I will also be keeping my eye on TASR.

                    Comment

                    • bootsmagee
                      Member
                      • Dec 2010
                      • 51

                      What would you look for after this as a new entry point? A few days of gains after it bottoms out? Or when it gets back to 5.50-6?

                      Comment

                      • Lucavia123
                        Senior Member
                        • Oct 2011
                        • 534

                        Originally posted by skiracer View Post
                        Out of TASR at $5.12. -.43/7.7% loss
                        I almost sold this morning but decided to walk to dog first. When I got back TASR was on the move back up. As such I will give it another day and see what happens.

                        Comment

                        • skiracer
                          Senior Member
                          • Dec 2004
                          • 6314

                          Originally posted by Lucavia123 View Post
                          I almost sold this morning but decided to walk to dog first. When I got back TASR was on the move back up. As such I will give it another day and see what happens.
                          Good Luck with it Lucavia. I have to honor my stops. once you break those rules it becomes easier everytime and before you know it you're always breaking them. I like the stock and would re-enter as soon as I see another spot on the chart where I like the opportunity to enter. but I hope it goes up from here for you.
                          THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR

                          Comment

                          • skiracer
                            Senior Member
                            • Dec 2004
                            • 6314

                            [QUOTE=bootsmagee;111917]What would you look for after this as a new entry point? A few days of gains after it bottoms out? Or when it gets back to 5.50-6
                            Boots,
                            I got in initially off the weekly and monthly charts. on the weekly I thought is was a nice triple bottom cup base that had just about finished making its right side of the cup and was ready to start the drop into its handle which it did and consolidated into the 5.50/5.60 range. When it was around 5.55 I felt is was done with the handle and was ready to breakout and make that forceful move up but I was wrong and a bit early. I think the selling is close to being done and that would coincide with the bottom of its handle being around the 5.15 level. I want to see it start to make a move up now to at least 5.40/5.60 levels again. I thought that maybe after yesterday it was ready to make that move up but apparently it wasnt and with the early morning drop it forced me to exit once it went past my stop point. I would re-enter at around 5.40/5.60 range if the volume is decent.
                            THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR

                            Comment

                            • skiracer
                              Senior Member
                              • Dec 2004
                              • 6314

                              Still holding HOV from $1.10 range. I keep forgetting to mention this homebuilder. A great stock and EXTREMELY cheap right here. Trading today at $1.66 up +.09 for the day and up + .56 or +50% from my entry. I still believe it is very cheap here and worth owning a few shares.
                              HOV up over 10% today at $1.74 presently.
                              [/B]
                              Last edited by skiracer; 01-06-2012, 04:50 PM.
                              THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR

                              Comment

                              • Websman
                                Senior Member
                                • Apr 2004
                                • 5545

                                Originally posted by skiracer View Post
                                Still holding HOV from $1.10 range. I keep forgetting to mention this homebuilder. A great stock and EXTREMELY cheap right here. Trading today at $1.66 up +.09 for the day and up + .56 or +50% from my entry. I still believe it is very cheap here and worth owning a few shares.
                                HOV up over 10% today at $1.74 presently.[/b]
                                Nice profit!

                                Comment

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