Skiracer's stock slopes

[skiracer]

Ski,
NJR is getting more attractive day by day. I'll buy more under 36. Where do you see it heading in the near future?

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

I think as I have always thought that it will go to $48/50 range withing the 2-3 years following it's last split. I have to look and see when it is scheduled to report earnings again.

[skiracer]

[quote=skiracer;102898]I think as I have always thought that it will go to $48/50 range withing the 2-3 years following it's last split. I have to look and see when it is scheduled to report earnings again. And I entered VSH this morning at $7.86.

[wooish]

Ski

ADAT will report earning on 2/11. Are you planning to hold through earning? Seems risky to hold through earning. But at this point, this stock is really dead money.

http://finance.yahoo.com/news/Authentidate-Holding-Corp-to-prnews-3670000344.html?x=0&.v=1

[skiracer]

Ski

ADAT will report earning on 2/11. Are you planning to hold through earning? Seems risky to hold through earning. But at this point, this stock is really dead money.

http://finance.yahoo.com/news/Authen....html?x=0&.v=1

I will be holding up close to the earnings report wooish. not sure what is going on with this stock or how i will play it when it gets close to the 2/11 report date. disappointed that it has not made the move i expected from it. almost sorry that i mentioned the trade but had such high hopes for it and wanted to see everyone do good. i wouldnt call it dead money yet though. i'll let you know what i plan on doing as it gets closer to 2/11.

[wooish]

Adat

Ski

I don't know if you notice it. The past two weeks I've been monitoring ADAT on level 2 and I have to say I don't really like what I see.

In the morning, the PPS was bumped up a few cents with a couple hundred shares and then you start seeing sellers unloading the shares which brought the PPS back down to around $1. Today same thing happened all day, PPS was bumped up to 1.05 or 1.06 then all a sudden you see on level 2, thousands of thousands of shares wanting to unload and then PPS back to $1. At the end of the day, the PPS always goes back to $1 or $1.01

This thing is being manipulated big time so I don't know if it's manipulate to buy cheap shares or to unload shares. This really has me worried. The only good thing I see today is the increased in volume.

[skiracer]

Ski

I don't know if you notice it. The past two weeks I've been monitoring ADAT on level 2 and I have to say I don't really like what I see.

In the morning, the PPS was bumped up a few cents with a couple hundred shares and then you start seeing sellers unloading the shares which brought the PPS back down to around $1. Today same thing happened all day, PPS was bumped up to 1.05 or 1.06 then all a sudden you see on level 2, thousands of thousands of shares wanting to unload and then PPS back to $1. At the end of the day, the PPS always goes back to $1 or $1.01

This thing is being manipulated big time so I don't know if it's manipulate to buy cheap shares or to unload shares. This really has me worried. The only good thing I see today is the increased in volume.

Wooish,
my feelings are that whatever is going on is on a positive note. if there is manipulation it is buyers trying to exercise those warrants. to do that there must be sellers. big volume selling usually results in the price going down. if you were trying to exercise the rights to those warrants and obtain stock at the strike price the problem wouuld be to find the stock to buy. anytime you have higher volume than the previous day and the price goes up above the previous days close it is an accumulation day which is positive. I'm disappointed in it's not making the move i wanted / expected to see but am happy with the support it has shown right at $1 level.

[billyjoe]

Ski,
Freed up some $$ by selling AAPL @199.11 and bought more NJR @35.74.

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

[skiracer]

Ski,
Freed up some $$ by selling AAPL @199.11 and bought more NJR @35.74.

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

I'm happy that you like NJR as much as you do billy. I know that you are not frivolous with your money so it means something when you sell one thing to buy more of another. you can rest assured that it will see $48-50 range again.
I was watching AAPL and was surprised to see it drop from the $215 level back down to $190 recently, especially after their most recent earnings report. I was looking at some call options on it when it was at $190 but didn't buy any. wishing i did now.

[riverbabe]

this might explain it

Ski

I don't know if you notice it. The past two weeks I've been monitoring ADAT on level 2 and I have to say I don't really like what I see.

In the morning, the PPS was bumped up a few cents with a couple hundred shares and then you start seeing sellers unloading the shares which brought the PPS back down to around $1. Today same thing happened all day, PPS was bumped up to 1.05 or 1.06 then all a sudden you see on level 2, thousands of thousands of shares wanting to unload and then PPS back to $1. At the end of the day, the PPS always goes back to $1 or $1.01

This thing is being manipulated big time so I don't know if it's manipulate to buy cheap shares or to unload shares. This really has me worried. The only good thing I see today is the increased in volume.

Wooish, this is what is going on -- IMHO I'm holding to see what happens around 2/11. In at 1.024 av.

[riverbabe]

Wooish, this is what is going on -- IMHO I'm holding to see what happens around 2/11. In at 1.024 av.

Well, I could give you the link, duh? http://finance.yahoo.com/news/Authen....html?x=0&.v=1

[riverbabe]

vsh

Ski, that was a great write-up. I got in at 8.10, but am looking to middle 10s. Nice to see some green on my board today.

[houstongo]

Adat

I was in ADAT at 1.07 but saw today hit at .99...therefore I think in the morning I will sell and take a loss...before it goes more down

It seems at every early start it always goes starts high but towards the middle it drops...

[wooish]

Thanks Riverbabe, I'll continue to monitor ADAT to see what's up.

[skiracer]

not sure what is going on with this trade. but since i brought the setup here and i do decide to exit the trade i will post that here immediately! having the same recurring problems viewing everyone who posts to my thread until the next day. that is why im always late getting back to you. sorry but cant figure out what the problem is.

[billyjoe]

Bought more NJR 34.79

----------billy