Swing trader.
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NEWS today:
http://online.wsj.com/article/SB10001424052748704160504574640271566884640.html?ru=yahoo&mod=yahoo_hs
Another bad loan to be paid off. Brings cash into iStar Financial.
SFI looking strong this week. $3.00 coming. Bid continues to grow and pps to strengthen.
I think Cambridge Trader Live works kind of like Harmon did. You need to deposit $5000. and can trade margin. Don't know alot about them but you can check out the website here:
http://www.cambridgetraderlive.com/index.htm
Check out the free videos on technical trading at the website too. Thought they were good.
trader
Merry Christmas Augusta and friends. Have a safe holiday.
Trader
It was nice to leave the job I had worked at 29 years, but I am only 48 years old. I get a pension and medical benefits, but now the big decision do I want to look for another job? Kind of young to just sit around. Would like to use stock profits to invest in real estate if the markets cooperate.
Hi Vianna,
Hope this message finds you doing well. Have a Merry Christmas and a blessed New Year.
Trader
Hey Gail,
Hope you and the family are well. Have a Merry Christmas and great New Year.
Trader
Don't know about the mega gains, though it would be nice. I take money out of my brokerage account almost every month. Retired from my job this summer and trade full time now. Hard to get the gains to multiply when I keep taking profits out. Nice to have the ability to do it and still preserve capital.
Have a Merry Christmas and fantastic New Year. Spend time with family and friends. Well worth it.
Oh, and I was watching CREE, just never got in. Thousands of stocks out there. Always be another.
Had been out for awhile. Back in at 2.54 yesterday. Looks like may be time for the next move up. SFI sold a couple of the properties they had foreclosed on this quarter. Can use cash to buy back some more bonds, pay off debt. Liquidity never hurt either.
Have a great holiday.
Yes, it has been a great year. I did well until Thanksgiving. Flat since then. Took big bucks out to pay some tax bills, trying to make it back before year closes. Take a look at SFI. Think it is ready for a bounce again.
SFI looking nice this week. Holding up better than I expected intraday. Thought there would be more opportunity for flips.
Up a couple pennies again today.
Higher highs and higher lows.
Hoping for an explosion soon.
Will you be making regular picks?
I don't usually trade pinks, but will keep it on the radar next week.
Thank you for your quick replies. Break time for me. Have a great weekend!
Thanks, could have looked for it, but feeling like lazy day.
Noticed you post here more than most. You know anything about this company?
I just saw todays action, looking for facts.
T trades are not true afterhour trades. They are trades that occured during the day, but for some reason the mm did not post them until after 4pm.
Maybe someone knew about news and thought it would bring action on Monday.
http://finance.yahoo.com/news/PanGenex-Appoints-Renowned-bw-880390584.html?x=0&.v=1
Saw the pop, but then it dropped back down.
Close at .52 -.03 After selling higher all day.
I see reverse split was 700 to 1? When did it occur?
Thought pinks did not trade afterhours.
Did not trade today. Will watch PACR for consolidation over a few days otherwise might be a double bottom at 2.50 I am not really good with charts.
Flipping SFI has been nice. Not as big a range lately. Seems to be consolidating. NLST was a monster today, was up over 100% with no news? Missed the action.
Talk about "catch a falling knife."
Be careful it might be sharp.
So that's what made it go up?
I don't really know much about them. Saw the sudden run up and have been watching to see if it holds.
Company website here:
http://www.luxenergycorp.com/
Closed at $13.25
Went as high as $13.85 in afterhours trading.
Of course it is down this morning. Sell on the news.
This one is holding up better than I expected from the run started last week.
Beat earnings. Pop in afterhours.
Another green day. Hardly any posts here.
I see this one moved up big on Friday and is up 12% already today. You expect these gains to continue?
BQI getting a boost from the buyout fever among the energy trusts?
More Canada Energy Deals May Follow Korea’s Harvest Acquisition
By Sonja Franklin and Shinhye Kang
Oct. 22 (Bloomberg) -- Korea National Oil Corp.’s agreement to buy Harvest Energy Trust for a 37 percent premium may be followed by more deals for Canadian energy companies as crude prices continue to rise, investors said.
“There is a lot of product out there to be bought, and it seems that financial markets are cooperative and companies are able to raise the money to buy,” said Les Stelmach, co-manager of the C$400 million ($381 million) Bisset Income Fund in Calgary.
http://bloomberg.com/apps/news?pid=20601087&sid=aeBCto5f.zQA
Great! Now they are posting old news!
SUBSCRIBERS: Reuters Bk Of America Loan For CIT Already ReportedLast update: 10/14/2009 4:59:23 PMDOW JONES NEWSWIRES CIT Group (CIT) could finalize terms for a loan facility of $3 billion to $6.5 billion, which is being arranged by Bank of America Corp. (BAC), as soon as this week, Reuters reported Wednesday, citing sources. Reuters said CIT would use most of the money to repay existing debt. Web site: www.reuters.com -Dow Jones Newswires; 212-416-2900 Please disregard the latest pickup of Reuters story on Bank of America arranging a $3 billion to $6 billion loan facility for CIT. The news was reported by Dow Jones Newswires and The Wall Street Journal on Oct. 1. (END) Dow Jones NewswiresOctober 14, 2009 16:59 ET (20:59 GMT)
http://custom.marketwatch.com/custom/tdameritrade-com/html-story.asp?guid={c13d955d-6579-41ef-a9f0-354d79c26571}
"Please disregard" are they nuts or what?
NEWS - moving up in afterhours trading.
UPDATE 1-CIT nears securing $3 bln to $6.5 bln loan -sources
Wed Oct 14, 2009 4:15pm EDT
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* CIT could finalize terms as soon as this week -sources
* Facility mostly to repay debt -sources
* CIT shares up 15.2 pct (Adds details, background, byline, share price)
By Paritosh Bansal
NEW YORK, Oct 14 (Reuters) - CIT Group Inc (CIT.N) is getting closer to finalizing the terms of a new loan that would give the struggling commercial lender an additional $3 billion to $6.5 billion, two sources familiar with the matter said on Wednesday.
The loan, being arranged by Bank of America, could be finalized as soon as this week, the sources said, declining to be identified because talks are private. One of the sources warned that the situation was still fluid and it could be delayed.
CIT would use most of the additional money, except about $500 million, to repay existing debt, the sources said.
The lender to small and medium-sized businesses said earlier this month it was looking for investors to approve a large debt exchange that would reduce its borrowings, or to approve a prepackaged bankruptcy.
The company's debt exchange aims to reduce CIT's borrowings by at least $5.7 billion, with specific targets for lowering the company's liabilities through 2012. The exchange offer expires on Oct. 29.
The loan would work as a secured facility in case of a successful exchange offer by the lender, or a debtor-in-possession loan if CIT has to file for bankruptcy, one source said.
"They have got people who are willing to step up for large commitments," the second source said. "It's mostly the people who were in the first deal."
The company got an emergency $3 billion loan from a group of its bondholders in July.
CIT has roughly 1 million customers and more than $70 billion of assets, but many of its borrowers are struggling amid the worst recession since the Great Depression.
CIT spokesman Curt Ritter declined to comment.
CIT's shares closed up 14 cents, or 15.2 percent, at $1.06 during late trading on the New York Stock Exchange. (Reporting by Paritosh Bansal; editing by Carol Bishopric) (For more M&A news and our DealZone blog, go to www.reuters.com/deals)
© Thomson Reuters 2009 All rights reserved
*NEWS* Let's see if investors approve.
Ym Biosciences Announces Offer for Cytopia Ltd., an Australian Cancer-Focused Development Company
Press Release
Source: YM BioSciences Inc.
On Monday October 5, 2009, 6:29 pm EDT
Buzz up! 0 Print
Companies:YM BioSciences Inc.
MISSISSAUGA, ON, Oct. 5 /PRNewswire-FirstCall/ - YM BioSciences Inc. (NYSE Amex:YMI, TSX:YM, AIM:YMBA), a life sciences product development company that identifies and advances a diverse portfolio of promising cancer-related products at various stages of development, today announced it has proposed to merge Cytopia Ltd., a clinical-stage, Melbourne-based drug development company, into YM. Cytopia's lead products are CYT997, a novel vascular disrupting agent (VDA) currently in Phase II trials, and CYT387, a novel, orally-active JAK2 inhibitor that recently received clearance from the FDA to commence a Phase I trial in myeloproliferative disorders.
Related Quotes
Symbol Price Change
YMI 1.40 -0.06
{"s" : "ymi","k" : "c10,l10,p20,t10","o" : "","j" : ""} "After assessing numerous global in-licensing opportunities, we determined that Cytopia's products were an ideal complement to our current portfolio," said David Allan, Chairman and CEO of YM BioSciences. "While the continued development of our lead product nimotuzumab remains our highest priority, we believe the timing is appropriate to expand our pipeline, consistent with our business model, leveraging our existing resources and expertise to select from the opportunities offered to us in order to continue to enhance the value of YM."
Entire article can be read here:
http://finance.yahoo.com/news/Ym-Biosciences-Announces-prnews-3055181183.html?x=0&.v=2
I tend to watch the Williams%, RSI, OBV, Volume, and Stoch.
Haven't figured out how the clouds work, tho I have seen them posted in charts by others.
trader
Thanks for the quick reply. And great job on the ibox!
Trader
Augusta,
Saw you posted PTN chart. Has a legitamate deal with AstraZeneca, but getting trashed on some message boards as a "pump and dump." Your two cents?
Trader
Looks like this might be a good long term hold, but what about the shorter term?
The daily and weekly charts look decent.
Friday's intraday offered a lot of negative indicators. Was this just scalpers taking there gains before the weekend?
Any opinions welcome.
RegeneRx's T4 Significantly Improves Functional Recovery in Multiple Sclerosis Animal Model
NEWS:
Press Release
Source: RegeneRx Biopharmaceuticals, Inc.
On Tuesday September 29, 2009, 11:42 am EDT
Buzz up! 0Print.Companies:Regenerx Biopharmaceuticals Inc.
BETHESDA, Md.--(BUSINESS WIRE)--REGENERX BIOPHARMACEUTICALS, INC. (NYSE Amex:RGN) announced today that researchers at the Henry Ford Health System in Detroit, Michigan, demonstrated for the first time that Tβ4 treatment of EAE (experimental autoimmune encephalomyelitis – an animal model for multiple sclerosis) significantly improves neurological functional recovery. In addition to this neurological benefit, the researchers reported a significant reduction of inflammation and induction of oligodendrogenesis (maturation of central nervous system cells associated with the formation of the nerve sheath), the control of which are important therapeutic goals.
http://finance.yahoo.com/news/RegeneRxs-T4-Significantly-bw-377571417.html?x=0&.v=1