Wednesday, May 27, 2009
Leave a Comment
How can I say it? Today was just not one of my better days. As a stock trader, you want everyday to be a green day, but sometimes you do not succeed. But, thankfully, we are still doing well overall. ANDS has continued to trade sideways, and I thought we would have seen the beginning of a run in mid-day, but that run was thwarted by the MMs.
I am hugely disappointed in LGTT's performance. This stock has so many right things going for it, but has not produced as quickly as I thought. I will hold it regardless. The company is sound, the CEO is a bit looney, but they have a lot of great offerings, as well as good things in store for it. I dropped CHTRQ today...I am weary of the sideways trading. I've held it for too long as it was, and was glad to get out. NRTLQ is the next one on my list. Let's see how the market treats the after hours PR.
I bought into two stocks today - XDSL (entered at .0233) and EROC (3.05). XDSL's chart looked good in the morning, and I bought as soon as I saw the trend. It hit .03, I expect a run tomorrow or I will sell. EROC is a perfect pincher and I expect some upwards movement Thursday or Friday. I did a short stint in GM, and as my luck would have it, news of the failed bond for stock deal occured right after I bought it. Go figure...So I sold it with minimal loss. SQNM has been on my watch list for the last week, and it spiked today. Could hit, $4 before it pulls back. END tanked today, against all signals, and NRGN had a shortlived spike. Both are off the list.
In other news, I have mentioned here before about Investor's Hub. They are now under SEC investigation. I couldn't be happier. Also, I'm thankful for the friends checking in from covestor. I'm here to have fun and make money, and hope that I can help others in the decision process, or at least let them know what's on my brain. I make no money from sponsors or memberships. I don't know everything, and sometimes, especially days like today, I can be wrong. Only two days left of this week, and I hope to achieve my weekly goal.
- ACTIVE STOCK LIST - OWNED
- ACTIVE STOCK LIST - POSSIBLE PURCHASES
Another pincher chart ready to blow. Target $4-$6.
Tons of volume. Target - .016-.02
The DI+ is above 30, the MACD crossed over today, it already had a run, but this one has room to grow.
My next favorite pincher. It will run, may take a couple days and may sink a little more, but it will recover.
- WATCH LIST -
BWNR, CGFIA, GM, HAYZ, CBAI, BEHL.
0 comments »
Leave your response!