Swing trader.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
$tock Weazel,
Hey thanks for the info. Ameritrade lowered my commissions to $8.00 in my daytrade account. Then I figured what the heck and asked them to do it in another account I don't use as much. They agreed. Four more bucks in my pocket ever round trip.
Thanks again,
trade
I'm still red on EGLE, but it is my only open position. Closed out everything else for profit. Nice week. Think I'll set a stop of $5.00 on it and forget about it a little while.
Lot's of cash ready for some new plays next week. Any ideas?
Oh, and best news Ameritrade dropped my commissions from $9.99 to $8.00 a trade. That's four bucks more in my pocket every round trip.
trade
Taking gains is the goal. I used to ride them up and then back down. Did you see SFI. Kicking myself on that one. Sold 4000 shares yesterday for about $400 profit. Would be so much bigger today. Just sold my last 2000 for $1000 profit.
Maybe it goes up maybe it goes down. I made $1400 on it and now have that much more to use next week on new plays. Trying very hard to improve my chart skills so I can get out closer to tops, but profit is good whether at the top or not.
GLTY,
trade
Oh, and EGLE is just trying to go green.
Looks like PACR doing great today. I pulled the trigger too soon again. Gotta get better with the T/A stuff, my exits could be much nicer.
trade
SFI 25% of float short. Looks like some are getting burned today. Had a good earnings report on Wednesday.
trade
Asian markets are diving and taking futures with them.
Red everywhere. Going to bed and hope it's better when I wake up.
trade
Think I have about a $30 loss on EGLE right now. The only red in my account. Looking for a green exit.
trade
Yikes, better get that wallet prepared for the trip.
We went to Disney in Florida about three years ago. Cost me about twelve grand, but was well worth the trip. (I paid for twelve people to go, so didn't really think $1000 each was too bad.)
trade
Fed raised the discount rate and futures are looking ugly for Friday morning. A lot can happen in the 13 hours til market opens, but not looking great right now. Hope there is some good news in the Asain markets.
trade
I'm not into any stock for the long term. Just trying to make enough so I can withdraw funds every month and not touch my capital.
Sold PACR, BEE, PLAB, SIRI and some of my SFI today all for profits. Held EGLE, XNPT(bought today), and some SFI.
GLTY
trade
Looks like I played chicken with the market makers and lost. LOL
Sold PACR at $3.68 and it has come back up since. Ah, well it was from $3.55 and profit is better than loss. Glad I sold half yestrday. Will look for reentry. Protect the capital and you live to trade another day.
trade
Your welcome. I have flipped RSO, but don't remember ever trying GKK. Have been flipping SFI for about two years, making money on most of the flips and usually keeping a core position except maybe through earnings which is just too volatile in this market.
Will look at GKK a little closer.
GLTY
trade
sony, have to agree with you about reverse split.
Rumors abound that Hayter is in this to give liquidity to the shares Galo and Ingala his relatives/friends are holding. If that is the case he will not reverse split because they would also suffer the consequences.
Not sure how current it is but ibox above shows just over 400million shares outstanding. That is not too bad for a pink as many have billions of shares outstanding. If he pumps up the news there is plenty room for dilution without reverse split.
Trade wisely, be careful, the wolves are all about pinkyland. LOL
GLTYA
trade
You are correct. Many of the indicators look like they are top heavy. Right now I'm watching the ADX very closely and the pps. If the markets stay green it should get a pop in the morning. I can see $4.20 - $4.30 Red market and all bets are off.
There were not alot of shorts on this one, so no reason for the mm's to keep it down.
Option interest is minimal so they don't have to manipulate it on Friday. Highest open interest on the options is $5.00 calls for March.
So a little pop is not out of the question.
Just a few things I usually take into consideration when holding for a swing.
trade
I picked up some SFI this morning and may regret it because this one is usually pushed down around options expiration Friday which is this week. Setting a stop at $3.00 and crossing my fingers it goes up. If it gets a pop in the morning I'll sell half cause really bought more than I should have. LOL
If you are looking to get in SFI raise your alert just a bit. Maybe 2.55 or 2.60 and then watch the L2 if you can. The company has been doing it's buyback at about the 2.50 mark and it may not stay there long if it gets there again.
Have a great evening,
trade
Ah, was watching at $3.38 and should have pulled the trigger then. I was at about 80% cash and said what the heck. Picked up 2k share at $3.57 it fell a little and after nearly being sure I had made a mistake picked up 2k more shares at $3.53 Thus a $3.55 average. Was looking for $3.97 and then thought that might be greedy and who knows what tomorrow will bring. Sold 2k at $3.92 and held the rest for morning. It goes down I'm out right away. Up, and I might go for the ride.
GLTY
trade
Don't know much about GKK, but do know a little about SFI. SFI has not defaulted on any loan and has held out until recently for selling assets waiting to get a better price. They have continued to buy back common shares through the "bad" times though at a slower pace.(currently about a million a month)
Price of the SFI preferred shares has recently been going up while the common has been going down. Makes no sense, except that the common are shorted (currently 25% short interest) and the preferred are not. At some point we will find out who is right the preferred investor or the common short.
Good luck in your trading.
trade
Actually both SFI and GKK were green today. I'm in SFI so of course GKK did better. LOL
Going to check them out though.
trade
WOW I sure didn't see that one coming. Got to the party late, but did grab a few PACR shares at $3.55 Sold half at 3.92 and will hold the rest to see where it goes.
SFI earnings were this morning. Loss of course, but was not as bad as analysts expected. Caught a little move and hoping it is the start of another uptrend. There are just so many shorts on it they manipulate the pps. 25% short interest. If it ever really gets going should blow up. Glad to see management continues to buy back shares even if only about a million a month.
Good luck in your trading and have a great nite.
trade
PACR seemed to hold up on Friday, maybe showing a little strength.
Markets closed Monday. Glad to have a break.
trade
BRK.B I sold out around 77.50 near the close. Got murdered after hours. So much hype I think it will continue to be volatile. May try to get back in on a pullback.
trade
Made money yesterday, lost it today. Time for another break. Really messed up two daytrades today. Thank God for my BRK.B shares up $2.27 today.
trade
Market is certainly news driven lately.
Can't even depend on government reports. Many are delayed becasue of the snow and federal offices being closed.
I got lucky caught a flip on SFI. Bought yesterday at 2.54, sold today at 2.71 Thought I would have to hold longer, but took the profit and ran. Still holding a core position.
trade
Just sitting watching my account be drained. Picked up a few CYCC today on the turn. Made some bucks on it last run, will see if it works again. Even if it goes down I'll just hold longer they already did the dilution thing this month so should be good for a while.
trade
They even downgraded Berkshire today!
trade
Wish I'd have kept all my AFFX.
Bloody day in the marker.
trade
Thanks for your take on the situation.
Lost money on this one a couple years ago and have not traded pinks since. Just left the board in my favorites and look in occasionally to see what is happening.
trade
From personal experience, I've seen the SEC back away when they factor the resources spent to investigate far outweigh the claim of fraud.
So you are saying the SEC did not feel any fraud perpetrated here was worth their time and effort. That would seem to indicate they were only minor infractions.
How do you know Baron's did not satisfy the SEC.
I thought once suspended a pinksheet automatically opened on the greys, answered or not. Not fair, but the way it works.
If the questions were not answered to the SEC's satisfaction in a year wouldn't they have gone further with the investigation. Wells notice, etc.
Volume on CNLG was ten times the float today. Had to go up. I'll watch the volume tomorrow for possible scalp. Yes, good to take profits. Theere are thousands of stocks and another good one will come along.
trade
BRK.B down. DOW is up guess people forget about safety. LOL
Made $1500 on a flip of CNLG. Only trade today. Don't care where it goes, taking rest of the afternoon off.
trade
Talk about sick, have you seen the FRGB mess. FDIC took the bank. Stock was trading at .65 when NASDAQ halted it. I feel so bad for those stuck in it.
trade
Wish you luck. I am not buying to hold. Got my BRK.B and cash. Ready and waiting for a turn to be confirmed before I buy anything else to hold overnight.
trade
Had enough of this market. Sold everything and bought some BRK.B Saving the rest of my capital for new plays when the dust settles.
Taking a couple days off to regroup.
trade
Dude,
Hope your day is going better than mine. Down big again. Sold it all. I may be a fool and miss the bounce, but at least there will be capital left. Bought a few Berkshire B shares. Looks to me like a safe place right now. Will hold the rest for new plays after a couple days off.
trade
URRE up?
Possibly on this news
Obama Said to Seek $54 Billion in Nuclear-Power Loan Guarantees
trade
PACR up off the lows, but a close below the 50dma is not usually good.
I am sooooo red today. Did catch a +.20 scalp on the NLST news. That not help much.
trader
BWEN well at least it is holding up better than most.
trade
Yeah, I saw rumors flying on other message boards. "Dilution coming tomorrow...." Sure that hurt some. They did file a shelf reg in first week of January so those who follow would know about it already. It would catch those chasing off guard. Think it will move up in am as long as they don't pr dilution. We all kinow bios like that.
trade