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.
Back in right away this morning when I saw it starting to pop!
Just jumped in at 1.46. Sure does seem like something good is just around the corner.
I doubt I'll get a much better price than where it is now. Just can't rush my current swing trades.
Hopefully I don't wait too long trying to increase funds and have to chase a little from here.
Got a couple of very short term swing trades going, and will be buying back in.
Yep, I remember the R/S that AIG did after the big crash in 2008. I was holding that one, got scared and jumped out. I missed a big move on that one!
I won't disagree with you on that. I've considered this quite a bit. Although my shares could be greatly reduced, (depending on the split ratio), but a consistent increase in share price is still a very good thing.
The board has already approved it. Plus if they haven't brought the share price up above $1.00 by then, it will mean delisting from the NYSE.
So, yep, I sure do think it will be approved. Besides, even though us small timers can vote by proxy, our votes won't amount to much over the big shareholders.
It's that reverse split to be voted on by shareholders on June 25th that has me concerned. And the fact they aren't trying very hard to get the share price up before they have to R/S.
I used Fibonacchi on my charting when I used to trade Forex. It just plain works. And it is generally very accurate on stock charts as well.
Thanks for bringing your charting method up to date again.
Yep. Watching very closely, and the trigger finger is itching to buy back in.
It's been hitting .60 to .62 every day since 5/12. The volume isn't bad, but even that's a bit low yet.
It does seem that something is up though!
The news is very positive. We'll see what it does for the price today.
After a half an hour out, only 300 shares have traded in pre-market.
Thanks! So there isn't anything going on at this meeting that should be a catalyst. Just business as usual with elections of directors and appointing an accounting firm.
I looked at some of the recent SEC filings and couldn't find anything on the meeting of the 27th. I didn't read word for word, so I could have missed it, but I wonder how many people even know about the meeting if I couldn't find it that easily.
I don't see where it was made public knowledge in a PR.
Do you know what this meeting is supposed to be about?
Good find. I'm out at the moment, but watching very closely.
We need that volume again to get it moving.
I've been looking through my news feed for SPHS and don't see anything on a conference on the 27th.
What are you expecting to hear? Something must be up with that volume we got yesterday.
Actually, this is a pretty low float stock, and WSJ is showing only 1% of the float is being shorted.
You can tell the stock is a low float because it jumps a couple pennies at a time. With a ton of volume on some really awesome news, this would really fly quickly.
I sold a part of another stock that isn't moving right now to buy in here. What does that make me?
Stupid to sell one stock, but smart to buy this one. Right!? :)
Not a real bullish chart right now, but at least it closed above where it closed yesterday. With news, anything can happen.
Either way, I'm still game to see what happens tomorrow.
I'm ready!
Yep. Nice to see it coming back up. The volume is coming back in again.
Not much resistance until the 200MA at around $1.75. Then again at about $2.10.
This is falling further than I expected it to. I just jumped in. Any clues as to what such a run up on all of this volume is from?
I'm assuming there is some news soon.
Very interesting burst of volume this morning. Must be some news coming.
Good point! That is a substantial difference.
When it hits $1.00, who really cares if you bought at .27 or .36?
Sorry! I posted the wrong PR that came out this morning. Look at this one. http://finance.yahoo.com/news/yingli-green-energy-responds-media-081200887.html
Just thought I'd mention YGE. It took a bad hit yesterday (5/19) on misinterpreted bad news. It's bouncing back nicely this morning on this news: http://finance.yahoo.com/news/yingli-green-energy-announce-first-101100652.html
I jumped in this morning shortly after open at $1.10. It's jumped up to 1.22 and consolidating right now. Waiting for more volume again for the next leg up.
Big potential! Day trade or short term swing trade.
She's making up some ground now! 2 million volume in the last 10 minutes! And volume is what will do it. Not to mention positive sentiment.
I jumped in at $1.10 this morning. Could very well get back to at least $1.50 today on the news out on their ongoing debt solutions.
Not enough of a run up for profit taking the way I see it. It needs a fast and big run up before you see any major trading action that causes a substantial retrace.
Even at that, a retrace won't last long! I just freed up some funds and am day trading it to increase it. Then I plan to buy more BAA. I don't care if I have to pay a few more pennies per share for it. Makes little difference when it's at 1.00.
The company definitely is in no hurry to get the PPS above $1.00. Just biding their time until the reverse split it seems.
I've trimmed my position until something changes.
Agreed!
As I said earlier, I spent all day in meetings and training for some re-certifications.
It was a very nice day in BAA. I only got to check in 3 times, and was always happy to see it moving so nicely!
I do realize that, except as a trader, I like to generate consistent income. Just buying and holding is great if that's all you're looking to do. But tying up money for a long time doesn't work for me.
Going into some all day meetings now, so can't reply anymore.
I believe in flipping on the way up, and I don't even want to see .26. What good would that do? The only people wanting to see that are shorts.
Besides, there are plenty of shares to be had. Why worry about people that don't feel the need to buy and hold?
Not at all. In fact, you could play it both ways if you find a stock like BAA that has multi-bagger potential.
After a nice run, you can sell enough shares to get your initial investment back, plus some profit if you'd like, and leave the rest of the shares, (otherwise known as free shares) to ride for the long term!
So many ways to make money in the stock market. I call it "Money From Thin Air"!
Sometimes I have a hard time with the obvious. Although Sadomasochist was the first thing that came to mind!
Thanks!
SM?
Well said, and a good point! All food for thought.