Choices, Choices...

[OmahaInvestor]

I just wanted to update everyone on the picks I actually got into:

GIL is up over 14% since I bought with a close price of 40.3
JLG I sold at a 30% gain after their recent earnings sent their stock up high.
TSAI is my laggard of the bunch but as of right now it is sitting at a little over 7% gain it's price today is $29.59

Pretty good picks I think, I've been very happy with everyones help and their advice you guys really helped out a lot. I would have to say without this forum I wouldn't have any of these winners so Mr. Market I appreciate all that you do you've made me more money than IBD has ever made me and its all free advice.

[OmahaInvestor]

I was just going to revive this thread to ask what you thought of GIL and TSAI now? I am still currently invested in both and they have done quite well GIL is just shy of 30% gain and TSAI is shy of 15%. Earnings are set to be released for both at the end of this month. Would you hold on till earnings or dump and run with the money I made now?

[spikefader]

Glad I spotted the strongest one! Doh!

[spikefader]

OK, GIL upper channel tag on the weekly, and setting up for the abc corrective on the daily now.



TSAI bullish bias but without a suggested entry yet.

[OmahaInvestor]

Spike what exactly is a abc corrective? I'm still new to all this stuff.

[spikefader]

Spike what exactly is a abc corrective? I'm still new to all this stuff.

Elliott Wave Theory
interprets market actions in terms of recurrent price structures. Basically, Market cycles are composed of two major types of Wave : Impulse Wave and Corrective Wave. For every impulse wave, it can be sub-divided into 5 - wave structure (1-2-3-4-5), while for corrective wave, it can be sub-divided into 3 - wave structures (a-b-c).




see http://www.acrotec.com/ewt.htm for more.

[OmahaInvestor]

TSAI reported earnings today 1/31 that missed estimates by 4 cents but raised their guidance for the year. Now I know raising guidance is a good thing but missing by 4 cents thats bad. Would you take this as a good sign or a bad one? and how do you think the market will react to this news?

[OmahaInvestor]

GIL released earnings today 2/1 and they were up 92% from last year and beat Q1 estimates by .04. Plus they raised their guidance for the full year by .05 from 1.85 to 1.9. Market share is rising rapidly, I think this stock has great potential what does everyone else think?

[DSteckler]

GIL looks nice but I wouldn't be chasing it here. Waiting for a pullback might be the better course of action.

[OmahaInvestor]

I've been in and out of this stock for the past year. Made over 100% on it so far. Up 40% in it since 9/19/05. Figured it was worth it to tell you guys about it. But waiting for a pullback might be a good idea.

[OmahaInvestor]

Ok I usually don't listen to outsiders but GIL has been getting beat up quite a bit on the Yahoo message boards. What do you think of the stock now? I hate to keep asking the same thing over and over but everyone here has seemed to be rather accurate on thier past opinions. I'm up quite a bit and am wondering if I should sell now and take my profits any suggestions?

[IIC]

Ok I usually don't listen to outsiders but GIL has been getting beat up quite a bit on the Yahoo message boards. What do you think of the stock now? I hate to keep asking the same thing over and over but everyone here has seemed to be rather accurate on thier past opinions. I'm up quite a bit and am wondering if I should sell now and take my profits any suggestions?

Without even looking...I say "TRIM"...I am a very firm believer in trimming...Doug(IIC)

[New-born baby]

Gil

Ok I usually don't listen to outsiders but GIL has been getting beat up quite a bit on the Yahoo message boards. What do you think of the stock now? I hate to keep asking the same thing over and over but everyone here has seemed to be rather accurate on thier past opinions. I'm up quite a bit and am wondering if I should sell now and take my profits any suggestions?

Omaha:
GIL is headed to a double top here pretty quickly. There is a lot of resistance at $51. GIL has been moving up on lower volume: that's a bearish sign. So the short answer is that if I were you, and if I were in profit, I'd take it. There is no option chain for GIL, so you have absolutely no insurance. Furthermore, the point n figure chart target was met--all the way back at $26. So I'd say GIL is living on borrowed time . . . .