self control and discipline will make you $$$!
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STEM..rtq..5.85 and pressing towards target of 6.25.EOM
MIKR..10.26..one to keep an eye on. Pulled back from high.EOM
FCSE..1.14...one to watch...analyst/investors meeting next week....
http://biz.yahoo.com/iw/041215/077813.html
Nice Chart showing a double bottom here too imho.
P
jwca..I remember picking WGAT as one of my favorites about a year ago when it was 95 cents and the chart had just formed a very nice symmetric triangle. It ran to 2.25 and I sold, but I knew they had a new technology on their hands for sure. This type of technology is why I am picking STEC as a top mover in 2005. Here is why I like STEC so much......
From a recent PR....
In the fourth quarter of 2004, 60 mobile phone models were released with flash card expansion slots, and the number is expected to exceed 160 by the same time next year,'' said Patrick Wilkison, managing director, marketing at SimpleTech. ``Mobile phones are rapidly becoming more feature-rich and memory-intensive with the increasing adoption of applications including digital photography, digital music and GPS location services. Consumers have increasing needs for expanded storage in their handsets, and we are developing a line of high-capacity products that enable the usage of those advanced features.''
According to research firm IDC, miniSD card shipments are expected to grow at a compounded annual growth rate of 65.7 percent and RS-MMC shipment rates are expected to grow 123.5 percent through 2008.
Good Luck!
P
A MoMo Stock play..EMRG..1.65.....
or maybe I should say (Moo Moo play), as this stock moves up on Mad Cow scares and we have another one this weekend....
http://www.msnbc.msn.com/id/6769555/
MSNBC.com
Canada confirms case of mad cow disease
Lab test proves positive for Alberta dairy cow
Reuters
Updated: 6:34 p.m. ET Jan. 2, 2005
WINNIPEG, Manitoba - A final laboratory test has confirmed an Alberta dairy cow had mad cow disease, the second case Canada has found in its herd, an industry source briefed by veterinary officials said Sunday.
...The Canadian Food Inspection Agency said last Thursday preliminary tests had been positive for the brain-wasting mad cow disease, or bovine spongiform encephalopathy. The animal did not enter the human food or animal feed supply and there was no risk to the public...
This is strictly a very short term momentum play. EMRG is known to pop on these 1 cow scares. Good Luck!
P
LOL..HAHA..that is pretty cool teapeebubble!EOM
That is completely understandable! Good Luck and God Bless in 2005!
Happy and Prosperous New Year to all of you! Magician, if your board ever comes back, I'd like to bring someone on "board" here who I know you and others would feel would be an real asset to your board. He posts quite a bit on yahoo and he has proven himself as a quality and timely picker time and time again. When the time comes, with your permission.
God Bless All with health, happiness, and prosperity in 2005!
P
rjjm15.....
anytime you want to e mail me, do so. my address is:
internut7@hotmail.com
I haven't done the intstant message thing in a long time because I had a lot of trouble with those things on my computer. But e mail me anytime with any of your market/stock ideas/suggestions. I'm always open to suggestions/ideas.
Here's to a happy and prosperous 2005 and hope and pray that the ocean waters stay at bay here in the USA. Happy New Year friend!
P :)
LOL! I don't know what happened to the board either. I am on Chirstmas vacation now, so I can post more, but the board here seems to have disappeared. I would have thought that this is a time when things should be hopping. 2005 should be a great year imo. I'm here fwiw and I'll still be reading, posting, and trading.
P
rjjm...here is another search engine portal to keep an eye on since you mentioned LOOK.....
Take a look at REDF (this is an indian search engine/portal) that is growing and should easily go profitable in it's upcoming quarter. Last quarter was nice for them. REDF is 8.58 now.
Here is the chart on 1 year REDF....
http://stockcharts.com/def/servlet/SC.web?c=REDF,uu[m,a]daclyyay[dd][pb50!b200!f][vc60][iUb14!La12,2...
what you see here is a lopsided inverse head and shoulders bottom imho. The right shoulder peak and dip are higher than the left. This could be a bullish indicator. Target over $16 imo.
The float on REDF is small too...7 million shares, so it is easier to move than LOOK whose float is close to 100 million.
But LOOK is a good pick imo.
Good Luck!
P
rjjm...that is exactly the way to do it! Look for those chart patterns that make sense! You get a good company with decent fundamentals and look for chart patterns that make sense! A hot sector always helps too. In bull market times, the chart patterns most times do what they are supposed to do. In bear market times, the charts can fall apart. I think 2005 is going to be very bullish imho, so the patterns should work out. Nice job on LOOK!
Some chart patterns I look for.....
Reversal Patterns:
Double Bottom
Head and Shoulders Bottom
Falling Wedge
Rounding Bottom
Triple Bottom
Continuation Patterns:
Cup with Handle
Flag, Pennant
Symmetrical Triangle
Ascending Triangle
Price Channel
Rectangle
Measured (Bull) Move
Good Luck!
P
I agree Magician on the Nasdaq and Congratulations mflutie on your ANLT P&D short!
Here is one to look at...STEM looks to have broken out the past week or so of a flag pennant chart or short symmetric triangle on the chart......
http://stockcharts.com/def/servlet/SC.web?c=stem
If STEM can retrace to around 3.50-3.60 it may be a good time a pick a little up. The price target from the chart should be around $6.25 or so.
4.8 (high) - 1.5 (low) = $3.3 (move)
3.3 + 3.0 (apex of triangle) = $6.30 Target.
P
CMGI..2.32..could be starting a breakout on it's chart today. Looking oversold. Nice earnings report last quarter too. Chart....
http://stockcharts.com/def/servlet/SC.web?c=CMGI,uu[m,a]daclyyay[pb50!b200][vc60][iUh14,3!La12,26,9]...
P
Today could be very significant because the nasdaq finally closed above the rim of what looks to be a 3 year cup with handle formation imo...
http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=nasdaq&sid=3291&o_symb=nasda...
If this is actually a cup with handle, then a plausible one year target for the nasdaq could be 3200 imho. Only time will tell.
WRLS had a nice breakout today closing at 8.37. This too is a good company in a good sector with fundamentals to back it up. Chart looks good too imho.
Pay_tience
STEC..4.45..This company has fundamentals to back it up imo. The sector this company caters too should have very nice legs in 2005. Wi-Fi, VOIP, and Video can all use STEC technology. Voice and Video Wireless Internet over Cell phones, PDA's, and Laptops could be the next big thing in 2005. STEC had a very nice and profitable earnings report last quarter with nice guidance. Their technology is alos used in defense and aerospace for military. The chart looks nice too...consolidating imho. Good Luck!
Pay_tience
BTHS..15.49..Undersea Satellite Tsunami detection products. Early warning systems to areas at risk in Oceanic regions. Very low float (1 million) and could move quickly based on recent tragedy in Asia. Over 40,000 dead so far and Millions displaced. Go to yahoo for specifics on how this technolgy works and the products they sell. Very low market cap and small profit right now but contracts could be forthcoming. Good Luck!
Pay_tience
LOOK looks good here. Low $2 range should be a nice pick up imho.
Picking up CMGI too in 1.80's! Nice imho!
CMGI Earnings....
http://biz.yahoo.com/bw/040610/105640_1.html
nice net income improvement since last quarter!
With the Japanese Nikkei busting a move yesterday and the China portal stocks taking off today, IIJIE..3.95..should make a move (30% or so imho). Keeping eye on it!
CMGI moving nicely today. very nice chart imho.eom
jon sherman, for what it's worth, i really like the china, india, and japanese market opportunities. they are all very huge markets and many companies have lots of room to grow. good luck to you and happy investing!
AOBO on the AMEX exchange soon. PR....
http://biz.yahoo.com/prnews/040601/lntu007_1.html
AOBO moving nicely today. I wish this company was on a major exchange already to lend credibility to the company and it's management. must be patient for now.
CMGI..2.06...Chart....
http://stockcharts.com/def/servlet/SC.web?c=cmgi
3-4 month head and shoulders bottom forming imho. Price should move up to 2.60 imo and then form the right shoulder.
Here is why 2.00 has now been taken out and this one should steadily move up from here....
2nd quarter earnings were announced March 8th, 2004. 3rd quarter earnings should be announced in mid/late June sometime imo.
For CMGI to acquire Modus Media it must maintain an average shareprice of 2.03 to 2.48 on a closing basis the 20 days preceding the second day before closing of this acquisition deal, during the 3rd quarter.
That being the case CMGI should break through 2.03 very soon (IT HAS..!!!) and stay there on a closing basis for 20 days between now and the end of June (3rd quarter), if the acquisition is to stay on schedule.
CMGI..1.95..Chart....
http://stockcharts.com/def/servlet/SC.web?c=cmgi
3-4 month head and shoulders bottom forming imho. Price should move up to 2.60 imo and then form the right shoulder.
Here is why 2.00 will be taken out very soon imho.
2nd quarter earnings were announced March 8th, 2004. 3rd quarter earnings should be announced in mid/late June sometime imo.
For CMGI to acquire Modus Media it must maintain an average shareprice of 2.03 to 2.48 on a closing basis the 20 days preceding the second day before closing of this acquisition deal, during the 3rd quarter.
That being the case CMGI should break through 2.03 very soon and stay there on a closing basis for 20 days between now and the end of June (3rd quarter), if the acquisition is to stay on schedule.
Japan's IIJIE..3.75..Chart....
http://stockcharts.com/def/servlet/SC.web?c=IIJIE,uu[m,a]daclyyay[dd][pb50!b200!f][vc60][iUb14!Lh14,...
looks like a 6-8 month rectangle. Depending on Japanese economy which way this one goes. Oversold!
REDF..7.79..Chart to consider.....
http://stockcharts.com/def/servlet/SC.web?c=REDF,uu[m,a]daclyyay[pb50!b200][vc60][iUh14,3!Ll14]&...
Good Luck!
STEC
STEC..3.82...Chart to consider....
http://stockcharts.com/def/servlet/SC.web?c=STEC,uu[m,a]daclyyay[dd][pb50!b200][vc60][iUh14,3!Ll14]&...
Oversold imho!
CMGI..2.09..This is a safe bet here. The company wont let this thing fall below 2.05 or they will be in violation of the merger agreement before the transaction closes. This one shoul move up to 2.48 from here and then once the deal is closed and announced, BREAKOUT city!!! Loaded on this one!! HEHEHE
PLUG earnings out tomorrow...
PLUG..8.90 earnings out tomorrow. H Fuel Cell news today....
http://biz.yahoo.com/rc/040427/autos_fuelcells_1.html
http://biz.yahoo.com/prnews/040427/detu016_1.html
M & M WC is #5 on Ihub Hot board Homepage today. Moving Up as time goes by, just like their picks! Congratulations WC!!!
CMGI..2.27..Why there should be a breakout in the next week or two.....
On March 24th, 2004..CMGI acquired Modus Media which will increase their yearly revenue to $1 Billion and give them a nice China presence. This will greatly enhance their net profitability. This transaction is expected to close this quarter (3rd) and will be formally announced.
It has been ****25 trading days***** since this PR came out. This is the pertinent part of the PR....
The exchange ratio for the proposed stock for stock merger is variable, based upon an aggregate purchase price of $157.5 million (subject to reduction if net indebtedness exceeds a targeted amount) and the
***************average closing price of CMGI common stock for the 20 day period ending immediately prior to the second trading day preceding the date of closing, but is limited such that for purposes of this calculation the CMGI closing stock price average utilized will not be less than $2.03 or greater than $2.48**************,
and that in no event will the amount of shares issued by CMGI in the proposed merger exceed certain limitations imposed by the Nasdaq.
http://biz.yahoo.com/bw/040324/245356_1.html
CMGI should be closing this merger very soon and should be announcing it in the coming week or so....just in time for a symmetric triangle breakout on this one!
Good Luck!
CMGI hit 2.21 this morning. Very nice chart here of symmetric triangle. Candle today seems to have found support imho. Like the fundamentals on this one too. Very nice pickeroo!!
Have a Great Weekend M & M Club..here is a joke for you....
Retired person's work day
> > >
> > >
> > > Working people frequently ask retired people what they do to make their
> > >
> > > >days interesting. Thought you might like to see what happened to me last
> > > >week.
> > > >
> > > >I went to the store the other day. I was only in there for about 5
> > > >minutes. When I came out there was a city cop writing out a parking
> > > >ticket.
> > > >
> > > >I went up to him and said, "Come on, buddy, how about giving a senior a
> > > >break?" He ignored me and continued writing the ticket. I called him a
> > > >Nazi. He glared at me and started writing another ticket for having worn
> > > >tires. So I called him a piece of horse shit. He finished the second
> > > >ticket and put it on the windshield with the first. Then he started
> > > >writing a third ticket. This went on for about 20 minutes. The more I
> > > >abused him, the more tickets he wrote. I didn't give a crap.
> > > >
> > > >I had forgetten my car was parked around the corner.
> > > >
> > > >I try to have a little fun each day; it's important at my age.
> > > >
> > > > LOLOLOLOL
If MSFT would only take the net income they made in their 3rd quarter (one single quarter) and use it to buy LOOK out, then LOOK would be a $13.00 stock. Bill, is this asking too much??? LOL
AOBO has just tested it's 200 Day Moving Average and the stochastics are oversold and starting to trend upward....
http://stockcharts.com/def/servlet/SC.web?c=AOBO,uu[m,a]daclyyay[pb50!b200][vc60][iUh14,3!Le12,26,9]...
They should soon release quarterly earnings and AMEX listing information. This should attract volume and buyers here to this profitable growing chinese biotech. company! Good Luck!
AOBO..this is an OTC, but No penny Stock....recent earnings release....
AOBO..3.00..is the Fastest Growing Chinese Biotech Reporting 105 Percent Jump in Full Year 2003 Revenues
Thursday April 15, 2:00 pm ET
Net Income Surges 318% to $4.6 Million; EPS Reaches $0.15
Read the CEO comments in this press release concerning this huge and fast growing chinese market......
http://biz.yahoo.com/prnews/040415/lnth016_1.html
This company will be moving to the AMEX soon!
MCLD..1.28..Chart to consider....
http://stockcharts.com/def/servlet/SC.web?c=mcld,uu[m,a]daclyyay[pb50!b200][vc60][iUh14,3!La12,26,9]...
looking oversold!
WSCI..3.33..if this one can come out with a defense related PR this week, look out. Teeny 2 million floater and market cap and is actually profitable.
http://www.wsci.com/html/markets/taurus.html