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Replies to #522 on Stem Inc (STEM)
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afxm

01/24/09 1:33 AM

#523 RE: CiscoTrader #522

Thanks cisco. There are some other stem cell stocks that are still very cheap in comparison to this one. I usually do not buy and hold a stock more than 2 or 3 days, unless I get caught with it. But this time, I plan to let this one run if it wants to.
STEM is a Short term, intermediate and long term, 100% Buy on Barchart.com ...a/h close was 2.66
Support 1.90
Pivot Point 2.55
Resistance 3.20
By the way, Corpus is one of my favorite places to go in texas.
I use to go to padre about 3 times a year when I lived in austin.
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afxm

01/24/09 10:21 PM

#527 RE: CiscoTrader #522

Cisco, I think monday will be another good day for STEM based on the TV News talk and the a/h pps increase. Will have to watch the pre-market to get a better idea. But like they say, There are no sure things. However, another sign pointing toward a higher pps is the percentage drop in short interest for STEM.
In answer to your pm: I don't mind at all, but I am not an expert. Please read: http://AFXM.com/Disclaimer.html
Resistance level is a stock price that is calculated by using a formula, this process is called "technical analysis". It is an estimated price level at which the sellers of a stock begin to outnumber the buyers. The pps is estimated to have difficulty moving above that stock price based on previous pps behavior.
T/A is not an exact science, it can't factor news into the equation.
You can watch the buy and sell volume here:
http://tinyurl.com/dzzpht ...these quotes are delayed 15 to 20 minutes.
I'm not a T/A guy but do use T/A websites to help in deciding to buy and sell. I just finished the stemcell quick dd page:
http://afxm.com/StemCellStocks.html