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1280 NDX, 345 SOX, 1710 COMP(+/-5) is what I am seeing mid week. But we're all in already, so lets get this over with..
LOL! Am I the only one that got that?
I went "all in" the same time you did. After all these years, I should have known to fade you by a week...lol.
1375 including the "rot" asking "how many rots are here"..LOL
AUDC $9.84 ... A bunch
Adding to AUDC and AV today. I want AUDC around $9.80 eom
My GERN buy a couple days ago at $5.27 is looking pretty good right now. I may have to clip out for a quick 17% profit...
That makes you and I both. I actually dipped into some margin today for my long positions (a first in a long while).
I am very long on AUDC and AV right now. Look at the performance of these 2 stocks during July and early August. There be strength underlying in then woods...
Well, we should be getting our long awaited bounce here anytime. I am just happy to not have lost any money this year so far. Got enough for a pop and sandwich, LOL. Tough trading this year...
NENG at $1.42. Can the market really be this wrong?
CIEN, AVNX, FNSR, MANU...what a friggen slaughter. Looking at picking up some CIEN at the close as a value play now.
Anyone looking at CIEN as a value play right now?
I understand..but I think this low here holds, thus my entry.
How about between now and 2007? AUDC
Picking up GERN here at $5.27 eom
Bought 1,000 AV at $13.10 eom.
Yes. It sure has been sucking. The only stock keeping me from jumping out a 20th floor window is AUDC. Holding up well last week...
FYI - Bought PMCS at close for $11.30. Too busy to post though..
Too many bottom pickers out there, with only a smelly finger to look at at the end. Very conservative trading right now..
I have a 3 day dumparoo starting tomorrow. Turn day on Wednesday, which is purrrrrrrrrrrrfect..
The SOX chart is very typical preceeding a 2-3 day dump. I'm boxing my longs with shorts until Tuesday...
My chart reading calls for 2-3 more days of hard down still starting tomorrow...
IN PXLW at $8.93. Bought about 10 minutes ago...sorry for the delay. eom.
COTL hit today?
So... Does MSFT lay some stink later today??
I have been lucky to stay away from that POS (NENG) except when I shorted it from $6.50 to $5.50 many, many months back. Something just looked wrong, and the spike ups and complete ram downs were a precursor to this day.
That said, I think it may be a good value play to pick up after about 5-7 trading sessions. I will now throw it on the watch list, along with PMCS and AMCC.
As for AUDC, sell the news really pisses me off. Great CC and earnings, but it is now going through a "valuation" adjustment by the sell-side. A P/S ratio of 6.5 (similar to PMCS) is really right in line for this growth stock, but it's still easy to lop off another 25% if someone pressures it, and a lot more if the NAZ is really going down the tubes now (which of course I don't think it is, especially for companies in the VOIP space providing hardware to enterprises). But I am staying the course with plans to add in the $9, $8, and $7 areas if the opportunity presents itself. Good luck all, and remember...you don't lose if you don't have to sell. In other words, watch your margin.
What about the 80 week, 40 week, and other week lows not due until 2-3 weeks from now? Be careful..
Exactly. I work 2 blocks away from them in Redmond. My cousin got laid off last month after being there for seven years, and my company is hiring talented MSFT employees left and right. We shall see..
I expect the manipulators to rally us on Wednesday and Thursday. Friday morning, they pull the plug for three weeks. Should be a good shorting opp soon across techland..
FYI - We have the 80 week, 40 week, 20 week and 10 week lows coming up in the next 4 weeks. Thursday afternoon will be the best time to sell out or protect all long positions until after the next options expiration in August in my opinion...
Why would MSFT announce this before thier earnings...simple. Thier CC is gonna suck and they want to cushion the fall. My total honest opinion. That changes my plan at the end of this week...
You are absolutely right. I expect a run up for the rest of this week, then a real ugly 2 weeks to get all very nervous. I will be boxing my longs with shorts at weeks end so I don't get my core into short term capital gains.
AUDC beats by a penny! YIPPEE!
AUDC inching up. Volume bars on the rise last 3 days. I will eat my shorts if the report is not good today. Market should help it out further tomorrow too. Good luck all!
AUDC inching up..lovin it!
AUDC reporting after the bell today. I like the chart action over the last month. Looking for $13++ in the next week, which would be great considering the beating I've taken in all my other stocks LOL...<Sigh>
AUDC reports after bell today. Chart setup looks bullish IMHO. Could be a 20%+ play over the next week..