Daily Market Watch - Week of 5/3/2009

[SiriusBuzz]

OK bill, don't let me down.

I don't have much to contribute but I am always interested to hear what people have to say about LVLT, NFLX, and AAPL. Maybe that will help get the ball rolling.

[GoHerdGreg]

Hey, look at SSCCQ go today!

I took out my limit sell of 1/2 my shares purchased at $0.08 today. Had planned on getting my money back and letting the free shares ride. Instead, I will let it shoot past $0.12 (where I wanted to sell) and then put in a stop-loss at $0.12 once the dust settles.

Didn't think I'd be up almost 50% this soon.

[stang3O2]

Why did I not buy ONCF!? Bill said it was a strong buy last week around 1.10 another missed oppertunity by me

[billhart22]

Why did I not buy ONCF!? Bill said it was a strong buy last week around 1.10 another missed oppertunity by me

Hey Matt!

I sold OCNF and then bought back in at 1.09. I sold it today at 1.65.

I also sold FREE @ 1.71

Now, here is my plan....right out in the open!

I am expecting a pullback this week....around Thursday, because of the stress tests on banks and such.

OCNF and FREE are really prone to pulling way back. If they fall back again, I will re-buy them. Neither one of those two stocks ever worry me, because they always come back. They are a real different kind of stock. Everything is based off of the Baltic Dry Index which runs off of contract pricing for hauling raw materials on ships. There isn't any speculation at the BDI level.

EGLE and DRYS are the same way

So keep your eyes on them. They will pull back. I figure to the best of my ability that when the pullback comes this week (I pray), that they could even drop like last time which was over a two or three day period, which would be muy bueno.

I might have a real trickster of a stock that I will post tomorrow. I want to pick it up for $1.00. It is a money maker, over and over and over, but I just want to do a little more research on it. I will email you later today.

I was looking at that stock that you emailed me today. I want to look at it further. Very seasonal, which is really cool, but I want to look back and see what it has done in the past. Mainly I want to look at volumes in the past.

Talk to you in a bit,

Bill

[SiriusBuzz]

I am going to blindly follow your advice to the tune of $1k one of these days and if you are wrong... I'm going to ban you

[billhart22]

I am going to blindly follow your advice to the tune of $1k one of these days and if you are wrong... I'm going to ban you

Hmmmmmmmm.....I guess I better do well then....

[ShotsII]

Hey Matt!

I sold OCNF and then bought back in at 1.09. I sold it today at 1.65.

I also sold FREE @ 1.71

Now, here is my plan....right out in the open!

I am expecting a pullback this week....around Thursday, because of the stress tests on banks and such.

OCNF and FREE are really prone to pulling way back. If they fall back again, I will re-buy them. Neither one of those two stocks ever worry me, because they always come back. They are a real different kind of stock. Everything is based off of the Baltic Dry Index which runs off of contract pricing for hauling raw materials on ships. There isn't any speculation at the BDI level.

EGLE and DRYS are the same way

So keep your eyes on them. They will pull back. I figure to the best of my ability that when the pullback comes this week (I pray), that they could even drop like last time which was over a two or three day period, which would be muy bueno.

I might have a real trickster of a stock that I will post tomorrow. I want to pick it up for $1.00. It is a money maker, over and over and over, but I just want to do a little more research on it. I will email you later today.

I was looking at that stock that you emailed me today. I want to look at it further. Very seasonal, which is really cool, but I want to look back and see what it has done in the past. Mainly I want to look at volumes in the past.

Talk to you in a bit,

Bill

Dont keep the rest of us in the dark, Bill. We want to hear about your trickster stock too!
Seriously, I'd love to hear about it.

Oh! And GWGI released a statement today stating that their drilling for a gas mine is proceding on time and as scheduled. There are 20 wells to be drilled on this property. If this well is productive, it's a good indication that the others will be also. Could mean a nice pop on this 0.14 stock.

http://www.marketwire.com/press-rele...nc-984101.html

[ShotsII]

Why did I not buy ONCF!? Bill said it was a strong buy last week around 1.10 another missed oppertunity by me

I feel your pain. I was able to get in last week at 1.07 but had to sell it today to pay some bills. I sold it around 10:30 for 1.61. Why didnt I wait a bit longer?? Plus I'm pretty sure it is going to continue tomorrow on the same course. DAMN DAMN!

I believe SIRI will have a nice bounce after Thursday. I plan to sell about half my 36000 shares and spread it around to other stocks. I will be buying OCNF back on that day. Just hope it takes a little dip before then to let me in for cheap.

[ShotsII]

I think I will buy OCNF, SSCCQ, and ETFC when I sell my SIRI shares....

Anyone have any other suggestions for me? Open my eyes to something I may be missing.

[ray]

I suggest you listen to Bill...lol


Post # of 3830

from another board if you dont think the MM's play games look at this.


Posted by: Bizreader Date: Monday, May 04, 2009 7:02:00 PM
In reply to: None Post # of 68902

Here's a heads up from another board:

"Posted by: RS500 Date: Monday, May 04, 2009 6:18:48 PM
In reply to: mazmania who wrote msg# 130320 Post # of 130344
You are mad if you do this, I am an owner of DNDN and the about 10 days ago there was a bear raid on DNDN which took the stock from $27 to $11.50 in 70 seconds taking out all of the stop losses in it's wake, the stock was halted until after hours where it resumed trading at $22 but all of those people that had a stop loss were without their shares. I am sure you have read about it. Luckily I did not have a stop loss so I still have my shares, it has however hurt the stock and is currently still under short pressure from the hedge funds who had/have a 20+% short interest, had the stop losses not been there it would have just have been a blip and the short hedgies would have lost a mint in this action, but as a result in the stop losses they were able to cover at half the cost of normal trading range and they are still at it.

So my recommendation is not to put a stop loss in unless it is at or above your target sell price
thought this would help your folks

Hope all is well
Semper Fi