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.
FCSC holy cow what the heck happened, I walk away for the last hour of trading and boom? Nice!
GM ATM. GM AD!!!
I sent you a reply by e-mail last night. I don't have private messaging on here so it's the way I will have to contact you.
Thanks
Thnx for the PM AD.
If they get FDA approval, what are some estimates as to what could happen to the pps. I'm pretty new in the biotech stocks and not really sure what % gains can come from approval and selling to the mass market.
Why do you guys like SIRI?
What's your take on FCSC? I know $heff has been talking about this one.
I sold yesterday for .02 green, I really didnt like the way it was acting and no volume coming in. Won't go anywhere without it.
Is this was the company recently submitted to the FDA to abide by their requests from the letter that was sent to them back in February? If so, is there a link or evidence that pertains to biopsies reports and testing?
Thanks bud, means a lot.
You've got mail!
Hey could you pm your e-mail address? I'd like to ask you something. As you know I no longer have PM's and I don't feel like signing back up lol
I can definitely see at least a 10% gain here with hitting a bit of resistance at 4.00. If it can break that, she will make her way up towards where the gap is imo!
Oh I'm sure I will be out before it gets to that area. It's going to take a lot for it to break that gap or some ground breaking news imo. That's a lot of volume that happened in that sell-off. But I agree, I believe it will give us some profit, just gotta keep your eye on the signals and you will be great
Hey to each is there own that's why everyone controls' their own money
I don't believe it will get close to that area but I could be wrong too.
I jumped in based on a technical play only. I don't know much about the company from the short DD that I did but I like the chart.
Technicals are turning up. Will it fill the gap? That's a tough one to say especially with the volume it had on the decline. I do believe that it will step it's way towards that gap over the next few weeks. But the volume that made it drop is a lot higher than what it's trading today. But it looks like it found the bottom over the last couple of days.
RSI is turning up (Although it's oversold)
MACD histogram is getting smaller (although not by much)
ADX - +DI is curling up and -DI is curling down
STO & Williams % have begun to curl. Need confirmation over the next couple of days to see if they will continue the move.
Biggest key here imo is the volume. Lots of shares were sold on the way down, need to get some buying volume on the way back up.
I got in at 3.72
Ok maybe I'm nieve, but how the hell does Netflix lose everything that it make in the last 2 weeks in one day on less volume than it's had in any of those days???
It's at the bottom of the upward trading channel so it's still bullish, has to hold it though. So far bounced once at it
Wow you work away from the computer for a day and all hell breaks loose on NFLX. Guess I'm holding and hoping for a bounce. Sigh, this always happens when I'm not around. :(
Stepped away from the computer for a few, wasn't expecting NFLX to drop below the support levels on relatively low volume. Sigh...
Still watching NFLX to see if it wants to get back into that upward channel. It dropped like a rock on open but has since come back quite a bit...
NFLX very volatile this morning, jumping all over the place
NFLX ver valatile this morning, jumping all over the place
Yeah I'm having problems with ihub, it's taking forever to load anything.
Yeah I'm having problems with ihub, it's taking forever to load anything.
Hey AD,
Still have the calls. Currently it's still trading in the upward channel so no reason to sell. If it breaks the channel then it's time to head to the doors with the profit. But there was a PR released this morning:
Netflix Announces Strategic Multi-Year Agreement With Miramax
http://finance.yahoo.com/news/Netflix-Announces-Strategic-prnews-3544439594.html?x=0&.v=1
So we will see how it reacts to that. If it breaks the channel I will leave with profit. If it continues north it will have to break resistance at $249ish (249.07 is what I have). If it breaks that then it will go and test the 52-wk @ $254. There was a bit of a selloff Friday afternoon right before close but that could be due to the fact that NFLX has weekly options so people could have been selling before the close.
Below are the charts that I have created with trend lines:
Daily:
60min:
30min (follows the middle bolli, everytime it hits it bounces, can that continue?):
So far early indications is that it will be a red open. We will see what happens. Good luck today
GM L!!! How ya doin today buddy?
Walmart earnings premarket on Tuesday. Should give an indication as to consumer spending. If they miss the mark, I wouldn't be surprised to see much of the retail sector get hit hard this week. Do you agree?
I will take one too
Walmart Earnings on Tuesday: Should give indication on how consumer spedning has been and will be. This will not effect just Walmart but the retail sector as a whole...
http://finance.yahoo.com/news/Earnings-Preview-WalMart-apf-934013857.html?x=0&sec=topStories&pos=4&asset=&ccode=
Earnings Preview: Wal-Mart Stores Inc.
Wal-Mart's 1st quarter earnings results to offer clues on consumer, business
NEW YORK (AP) -- Wal-Mart Stores Inc., the world's largest retailer, reports its first-quarter results Tuesday before the market opens.
WHAT TO WATCH FOR: How gas prices are affecting Wal-Mart shoppers and whether the company is seeing any improvement in a key revenue indicator.
Analysts expect the company to report that revenue in its U.S. stores open at least a year fell 1 percent compared with a year earlier, including a 1.1 percent drop at Walmart stores and a 3 percent increase at Sam's Clubs, according to FactSet. That comparison is an important indicator of a retailer's financial health because it excludes revenue from stores that recently opened or closed.
This would be the eighth quarter in a row that the indicator fell in the U.S. for Wal-Mart. Wal-Mart said in February that it expected the comparison to be anywhere from flat to down 2 percent for Walmart stores in the U.S., where sales are hurting because of mistakes the company made on price and selection. Wal-Mart also faces increasing price competition from dollar chains, Amazon.com and other online retailers.
Company officials have said they can't predict when the trend will reverse.
Wal-Mart is trying several means to revive its U.S. growth, bring back disaffected customers and draw new ones. It is restoring thousands of items it had stopped carrying in an overzealous bid to streamline its stores, from fishing supplies in Dallas to snow blowers in Minneapolis. The company is highlighting the returning items with flags on store shelves trumpeting "It's Back."
Wal-Mart also is hammering its return to the "Every Day Low Price" message of founder Sam Walton with a new ad campaign. And it plans to open hundreds of smaller stores store under a concept it calls Walmart Express. Analysts will want to know more about how it is spreading the prototype. Wal-Mart officials said in March that they are considering acquiring retailers with small locations.
Wal-Mart's international business, which produces 26 percent of company revenue, has remained strong, and the company expects growth in emerging markets to accelerate. Late last year, Wal-Mart purchased a controlling stake in South Africa's Massmart. On Friday, it said it was buying a minority stake in Chinese online company Yihaodian as it looks to tap into growing online sales in China. Yihaodian sells groceries, consumer electronics, clothing and other items.
WHY IT MATTERS: Results from Wal-Mart come as close as any retailer's can to being an economic indicator because consumer spending, including major items like health care, accounts for 70 percent of U.S. economic activity, and Wal-Mart is the largest U.S. retailer by far. How quickly goods fly off the shelf at Wal-Mart provides a compelling checkup on the nation's economic health.
WHAT'S EXPECTED: Analysts expect net income of 95 cents per share on revenue of $102.85 billion, excluding Sam's Club membership fees, according to FactSet.
LAST YEAR'S QUARTER: Wal-Mart earned 88 cents per share on revenue of $99.85 billion, including Sam's club membership fees.
Thanks for sharing L-Back. An interesting take that he uses, I personally use different technicals but always good to get other viewpoints on it.
I'd like to express my opinion on this but I don't want to offend anyone that plays pennies on this board. PM me your email if you want me to give you my insight.
AH
Hey IW,
I apologize. I took some time off and I made a judgement without knowing you personally. I just know from my experiences (I played the penny stock market for almost 2 years) and I know how volatile it can be and what can happen. I like the gamble and risk which is why I do options (turning big boards into pennies as I like to call it haha) because they actually follow the charts.
I'm glad that you're a sound investor and have a stronghold on what you would like to do. I just have seen so many people in the past, including myself, get caught up the glitz of the penny market only to lose everything that I made back time and time again. I'm glad that you are asking questions, thats the only way all of us will learn! Helping each other is the reason that this is the only board that I post on. AD has assembled quite the team here and everyone has a specialty in something. I do want to commend you on leaving the stock WITH PROFIT. This is one of the biggest downfalls of a lot of investors that they think a stock is just going to keep going up, up, up and they never sell before the crash (especially in pennies). Because the problem is once it crashes, everyone tries to jump ship at the bid and creates snowball effects.
I'm sorry that my message came across wrong. I wasn't trying to attack you at all. I just know how the feeling is, I've been there many, many, many times and know how you felt. Just wanted to let you know that you weren't alone.
Good luck bud!
Thanks! I posted my chart pre-market yesterday and it's following it perfectly. It hit resistance exactly where I thought it would but I feel that it will break though. Gotta watch the 30min chart though, if it breaks below that middle bolli it's time to pay closer attention. I've put in 3 charts that I'm working from that I created below if anyone is interested (w/ trend lines):
NFLX Daily
NFLX 60min
NFLX 30min
NFLX some nice intraday consolidation, stepping it's way up to test that 249 area again. IMO if it breaks it, calls are going to soar and be worth quite a bit in the coming months. 254 is the 52-wk high, break that and there is no telling how high it can go on this run. JMO.
Lesson is never dwell on those things. You made profit, time to pick up and move on. There will always be a next play. Re-analyze as to why you made the choice you did. I've been a spectator for a bit but I remember when I was in your shoes. You need to learn T/A and how to do charting (although on penny plays it really doesnt matter, it's all momo driving them). But you let your emotions get involved, whenever you do that you set yourself up to fail. Another thing that I would highly advise is you need to learn about the market. The guys here are great but you cannot rely on others to give you every stock pick. It's your money, personally I like to know what I'm investing in and doing my own DD before I throw money into something. Sure it feels crappy when the stock continues to run but look on the other side, it could have gone the other way and you could have lost 90% or more (since it was a penny stock). I know I'm sounding like a hard ass but it's just a learning experiment. Learn how to separate emotions and not to dwell on things but learn from them and you will do just fine. The lessons you learn will be worth so much more than you could have potentially made (you never know how long you would have held, you can't say "oh man my shares would be work over 7 cents right now" can you honestly look in the mirror and say that you would have held so long? I don't think you could.)
Anyhow I know I probably sound like a jerk but you'll do just fine. The guys on this board are great. But I would advise not having your entire portfolio in penny markets. JMO, everyone has their own style.
Good luck!
NFLX bounced it's head at 249.07 (on my chart that I shared I had it at 249.06... not too bad if I say so myself lol) let's see how the rest of the day unfolds.
Scratch that it surpassed it. 250 will be a large mental barrier imo so we will see how the market reacts. It's closing in on it's 52wk high @ 254
NFLX close to testing that 249/250 resistance point, breaks that and oh boy!
GM L! How ya doin this fine morning?
Are ya superstitous?