Home > Boards > US OTC > Delisted > World Surveillance Group Inc (fka WSGI)

Posted by: mide

Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (3) | Next 10 | Previous | Next
rocky301 Member Profile
Followed By 107
Posts 6,609
Boards Moderated 0
Alias Born 05/01/03
160x600 placeholder
Top Company News of the Day
The FDA's authorization expands the drug's use to fight Covid-19 to people under the age of 12.
Soybeans Futures Higher on Export Hopes - Daily Grain Highlights
FDA Expands Emergency Use for Lilly Antibody Combination for Covid-19 to Include Infants
Front Month Nymex Natural Gas Fell 24.56% This Week to Settle at $4.1320 -- Data Talk
Front Month Nymex RBOB Gasoline Fell 1.42% This Week to Settle at $1.9529 -- Data Talk
Merck in Supply Agreement With Canada for Antiviral Medicine for Covid-19
Trade Deficit, Consumer Prices on Deck -- Data Week Ahead
Sportsman's Warehouse Shares Fall 19% After Takeover Deal Terminated
EURO STOXX 50 Index Ends the Week 0.23% Lower at 4080.15 -- Data Talk
FTSE 100 Index Ends the Week 1.11% Higher at 7122.32 -- Data Talk
DAX Ends the Week 0.57% Lower at 15169.98 -- Data Talk
CAC 40 Index Ends the Week 0.38% Higher at 6765.52 -- Data Talk
STOXX Europe 50 Index Ends the Week 0.20% Higher at 3613.81 -- Data Talk
STOXX Europe 600 Index Ends the Week 0.28% Lower at 462.77 -- Data Talk
FTSE Closes Down Amid Persistent Growth Fears
Roche to Name New Member to Board of Directors, Re-Elect Chairman
Adobe Down Over 6%, On Pace for Largest Percent Decrease Since March 2020 -- Data Talk
U.S. Services Sector Growth Accelerated to New Record-High in November -- ISM
U.S. Services Sector Growth Cooled Slightly in November -- IHS Markit
FTSE Edges Higher, Wickes's Margin Outperformance Leads to Further Upgrades
U.S. Nonfarm Payrolls Up 210K in November, Unemployment Rate 4.2% -- Update
Johnson & Johnson's Janssen Says Psoriatic Arthritis Trial Meets Objective
Bostic Wants to Speed Up Fed's Asset Buying Taper; Quarles Says Fed Will Need to Raise Rates
U.S. Nonfarm Payrolls Up 210K in November, Unemployment Rate 4.2%
Bristol Myers Squibb Gets FDA Acceptance of sBLA for Reblozyl
FTSE Edges Higher, Service Sector Kept Growth Momentum in November
rocky301   Friday, 05/27/05 08:01:10 PM
Re: None
Post # of 44374 
Posted by: mide
In reply to: None Date:5/27/2005 7:16:07 PM
Post #11996 of 12000

Odds and ends for a long weekend...

Current observations and some linked posts I made on RB board that still seem appropriate, perhaps, for consideration.

We survived the R/Split just Jim Dandy and still have a horse in the middle of the current channel established on 4/13 between 3.25 ish and 4.00 ish (.217-.266 for those BB challenged) at a healthy 3.78 power buy close today...actually about 2/3rd's up into the channel and .14 up off the transfer price....not bad in a topping overall market, considering the doom and gloom so many on RB board predicted.

I've had a chance to review all the fine posts here, and one as a trader/investor that struck me (name I can't recall) was the person who lamented that they wished the "Cash Cow" would return. I am not sure exactly what they were referring to...as the trade spreads and buy and sell profit opportunities remain exactly the same pre and post split. Yes, this stock is a wonderful "cash cow" now and then for a market timer, who understands "channel" trading.

For several 'hindsight' lookie loos, this stock has been a goldmine for hedge fund traders, and swift (actually did not have to be that swift) traders. From 2/10 -4/13 or about 60 days, this stock traded in a post split 3.50 to 5.40 channel. That's a 54% gain long or short trade. It made that swing 3 times in 60 days. One side of that trade alone could have made anyone 150% return in 60 days..both sides 300% return.

Currently, we are in a 3.25 - 4.00 channel established 4/13 and still running through 5/27 today...about 45 days...and have had two cycle highs and lows each side at 23% return or a 92% return on both sides of trade...not shabby.

IOW..It doesn't matter if it's BB or AMEX...the ROI is a constant.

What seems to jiggle it within the channel is minor news..(ala..Bell ringin stuff, earnings that are nice, but not there yet, Forbes article). What seems to move it out of a channel is news of import (ala..failed to show airship aloft) or extremely emminent anticipation of some major event (ala launch). Otherwise, it sits in a contolled trading channel. (That time frame appears to be 45-60 days so far).

Prior comment on RB board on Forbes article: ( to this)

<Bottom Line: High-altitude platforms will probably find some use providing broadband to rural and developing areas, as well as to disconnected areas like battlefields and disaster areas, but they're unlikely to break out of that niche.>


One thing I have noted on move to AMEX, is the trades are interestingly spread across a number of exchanges, and that the AMEX specialist bids and asks tend to "collar" the bids outside the other exchanges. Kinda ropin' em in, unless the avalanche of volume overwhelms them, one way or the other.

Comment prior link on RB board:


And a comment regarding market makers in switch to AMEX from BB:


Patience is the watch word.

Have a great weekend all.


Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (3) | Next 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
Current Price
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist
Consent Preferences