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.
I addition to improving fundamentals and winter around the corner, next week's golden cross (50 day MA crossing over the 200) should yield another 10%+ price appreciation near-term IMO. GLTA!
Nice find Teeroy. Might have been a good chunk of that Aug revenue.
SWHC sitting just above the 50 day MA at 9.71. If it falls below, I think we may see the open gap from early September fill around 9.25, plus or minus a few cents. GLTA!
Just added a little more at 9.88.
BAC showing good strength in a lousy market. Bullish. GLTA!
Good play. I added some under 10. GLTY!
I'm with you Jett. Best of luck to both of us!
And we are off to the races! GLTA!
JJ,
My somewhat cruder market tools are watching the 13,300 level on the DOW. If we break down there, then I think a correction to 13,000 becomes possible. If that happens, I will be looking to add to my core BAC position between the 8.30 and 8.60. GLTY, and thank you for your LMP report.
Still getting squeezed between 50 and 200 day MAs and hoping this breaks the right direction. GLTA!
Looking to re-enter at 8.40 and going to hold back some green if we see high 7s again. GLTA!
Time to run it back up to 11+
If we stay above 19.30 today (50 day MA), that will be bullish and should set us up for another run at breaking above the 200 day MA which currently sits at 20.13. GLTY!
I believe we are getting close to buy time again. I like it at 10.05 to 10.10 area, but there is a chance we could see a gap filler down to that 9.30ish area. Recommend holding some dry powder back in case it breaks down at 10. GLTA!
Still squeezing
PS: Things can change, but max option pain for BAC in October is 8. I wouldn't be surprised to see the stock run down to that level and then start a move higher. IMO we will see 10+ early in the new year.
You may be right on the 8.25 target. I've got a buy order in at 8.40 which is in the middle of the gap (8.35 to 8.45) from 07Sep12. IMO, BAC could fill the gap at 8.35 and move North. If it does go lower, there are relatively strong support levels at 8.21 and 7.96, and I am planning to extend my position at both of those levels if reached. GLTY!
Struggling too hard IMO at 9.16. Sold my 9.12 and 8.96 trades and looking for a better price. Still holding my core common and 2014 leaps.
Don't like the way it's acting. To many sellers at 10.65 and the market doesn't appear happy. Punched out at 10.65. Hoping we go back down and test resistant around 10.05. GLTA!
Time to hit it again. Trade on at 10.60.
Hi Pat,
Good to hear from you and sorry for the slow response. I took a couple days off and just catching up.
I used the term OTCBB without thought other than I equated it to audited financials and regular SEC reporting. I agree with you and End Game's comments this subject.
I think Virtra will uplist to QB or GX status on the OTCM. I also agree that they won't uplist to the NASDAQ any time soon, but the AMEX wouldn't be too far of a reach.
IMO, QB or QX status will help Vitrta out a bunch, if for no other reason than to leave the pink stigma and non-reporting status behind.
Between now and an uplist I would love to see improving revs and eps. I like the partnerships they have put together recently. Now I want to see those partnerships add to the bottom line.
Kind Regards, Ray
I like the way it is getting squeezed between the 50 and 200 day MAs. Hoping for a breakout above the 200 day soon. GLTY!
It sucks for employees, but good news for share holders.
PS: If we break down at 8.95, my intent is to cut the loss and wait to enter a trade at the open gap around the 8.40ish level.
I didn't like that gap down today, but the 50 day MA held up well. Just added a little at 19.52. GLTY!
We are thinking alike again Picked some up at 9.12 this morning and have another buy order in at 8.96. IMO, psychological support at 9, but 8.95 is the technical support.
Opinion: I think yesterday's PR was a significant break in strategy from what we have seen the last several months. I feel it was done with intent, and must be the beginning of a new shareholder friendly strategy. No other logical reason for that PR, but to raise the share price. They could have just as easily posted that info on the web site. It makes sense to start getting the positive news/momentum out ahead of an uplist to the BB. The next few months could be enjoyable
Still going!
Looks like we are ready to give it another try. I think we have a coiled spring here!
Bids are inching up, as well as the vol on the bid. Give it a little time.
Nice! A break above .07 with vol will be very good tecnically, and you got to love the fundamentals
Good day today
Unless of course the Fed disappoints.
Resistance at 10.70 stronger than I expected, but I think we get through it. GLTA!
In at 19.67, now we can take out the 200 day ma
Looking for today's bottom. Getting ready to re-enter.
Put a trade on at 8.93. Still holding core common and leaps.
I'm targeting 12ish, assumming the market doesn't break down. QE3 would make 12 an easy target. After 12 I will wait for re-entry in the 9.5 area. GLTY!
If you review JJ8's posts/trades you will see he has been consistently making money with BAC. I'm sure he will turn a couple more positive trades before you even get in, if your holding out for 10. GLTY.
choking again.