Snap's Dragons

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IOC - Not yet, but wait for a break of the trend. Only 12 mil float and 27% of that is shorted. A break on volume will set up a very nice short squeeze.

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UTEK - Option

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AFCO - Options
Nice CMO and DI divergences. ADX seems confused, wait for it to signal. MACD about to go positive.

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KCP - Options

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TSRA - Options

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SWKJ

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TMTA

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GTI

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PHFB - See The TA Study Lounge post for description.

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ARBA - Everything is pointing up. Might be a good one for a long term hold.

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ENTU - MA cross for CMO and DI at low levels. Bottom buster?

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EXTR

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ANTP

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ARTG

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OPLK

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RDCM

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STKL

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PGI

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IWOV - Break of 3rd fan resistance

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MERX

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DMOI

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LGOV

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GOAM

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SEAC

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UGHO

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EXTR

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It didn't continue it's upward push so I felt that this was not a breakaway gap and would be filled. Because of that gap I set a stop at a break even point. If it fell below that point, I wanted to be on the sidelines to wait for a retrace of the gap. It all boiled down to preservation of capital.

[blasher]

How were you able to lose 97-cents on this one ??
It's been in a 50-cent range since Tuesday ...
and if you got in before then, you're sitting on big profits.
I see PWAV as a HOLD for longer-term.
True, I only looked at it Tuesday and didn't want to chase it ...
so I am waiting to get in or not.
BUT, if you were already in, I would have HELD.

So, Snap, what did you do to get stopped out for a loss ??

[Snap Hook]

Stop bounced me out PWAV with a loss of 97 cents. No follow through on Tuesdays gap. Looking for that gap to close now.

[blasher]

PWAV . . . hahahahaaa!!!!!!!!!!!
After hours up 66-cents = almost 6% !!
everyone heard Cramer say good things!
I sometimes flip by him just to see his veins pop.

long-term chart looks good ...
short-term chart looks good

stock
looks decent and has strong TA and FA momentum
since May-1 it ran straight up to 12 and has had a nice pull-back / retrace
It's now moving up strong again.
OK .. you talked me into it !!

Call Options

1) I like 10-sp better ... for $2 or less more, you get close to $5 more in value
2) delta on 10-sp is much more than on 15-sp ... it moves higher almost dollar for dollar with stock-price
3) better open-interest / liquidity probability of 10-sp
4) does cheap 15-sp go up percentage wise faster ?? (I don't think so)
I was always taught (by Schaeffer) that if you feel strong about the direction, you Buy in- or near- the money options.

Anyway .. thanks! ... I'll be checking tomorrow.

Good Luck !!!!!

[Snap Hook]

If you get a chance, give me your thoughts on the Feb 15 Calls for PWAV

[blasher]

good challenge ... zzzzz ... me too.
Up late for last night's football game ...
up late again tonight for same reason!
good night ... sweet ANF PBLS PWAV dreams

[Snap Hook]

Yes it is. Thanks for your hard work.

It took me quite a while to figure out how to do it, but I can't turn down a challenge.

Zzzzzzzzzzzzzzzzzzzzzzzzzzz

[blasher]

yes ... notice the nice October Monthly.
Isn't just clicking a button for the prettier Powergraphs© so much easier ?!!?
LOL

good job with your MetaStock chart.

[Snap Hook]

What'd Cramer have to say? Good things I suspect.

Here's a chart showing last quarter seasonality I worked up in Metastock.

[blasher]

so Cramer just finished talking about PWAV ...
now it's a commercial and I come over to the computer to check out its Seasonality.

I've still got iHub up and see you have posted . . . .
about PWAV !!
ROTFLMBO !!!

btw ... Seasonality: http://www.blashing.com/_members_/_PowerGraphs_/PWAV.php

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PWAV

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PMCS - so it doesn't get lost

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MTSX

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XOCM

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NEOL - Lookin' for 17.50 by 9/20

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CDIC

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GMST

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SFLK

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AGT

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TPX

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ADAT on watch for a break.

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UIS - Wedge break with bad news.

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IWOV - Waiting for a break.

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VIRL - Waiting for a break.