1.23.13 Wednesday

[siriusly_invested]

I like when you guys talk about other stocks you're gambling on....I Watched ONVO tic down from $5 to $4.15 made a quick look at the chart bought some at 4.25 and sold at 4.80 in less than 20 mins! Great country this is!

Yes, it has been an interesting ride today. After that $2+ plunge early this morning, opportunity to grab some relatively cheap shares, then watched as it seemed to consolidate around $5, thinking that might be the bottom for the day (and being too greedy by thinking a hold back to $6 would really be nice), I find myself holding a mere small paper gain as it is obvious th $5 level was not the bottom. I have faith however, that it'll rebound in the days ahead........... and provide opportunity to take some profit off the table.

[radejs]

Yes, it has been an interesting ride today. After that $2+ plunge early this morning, opportunity to grab some relatively cheap shares, then watched as it seemed to consolidate around $5, thinking that might be the bottom for the day (and being too greedy by thinking a hold back to $6 would really be nice), I find myself holding a mere small paper gain as it is obvious th $5 level was not the bottom. I have faith however, that it'll rebound in the days ahead........... and provide opportunity to take some profit off the table.

RSI getting to oversold territory. I too think it will pop up again and hopefully be as ridiculously positive as it has been just about everyday of the last two weeks, EXCEPT for today. Healthy profit taking/consolidation.

[Sundeeez]

RSI getting to oversold territory. I too think it will pop up again and hopefully be as ridiculously positive as it has been just about everyday of the last two weeks, EXCEPT for today. Healthy profit taking/consolidation.

I don't know if closing down 22% on huge volume is healthy but I like swings for sure.

[siriusly_invested]

Rad, check your IM when you have a chance.

[radejs]

Well, got the SIRI close all wrong, I think someone else was much closer. Crappy day for me overall, now lets see if Apple can be a plus or complete the trifecta of loosers!

EDIT- Rev miss, profit beat, down 25 bucks AH .

Having a BAD DAY!

[Sundeeez]

3.08 AH drop......so what do we see for tomorrow ? Low 3s? The AAPL call could dictate tomorrows macro action.

[Redcloud]

Well I had the $3.13 range right, been in that pergatory most of the day, missed the close tho. Ya can't win them all. Imo, we bounce soon, don't know by how much, but if I was guessing I would say $3.20 to $3.25ish, I'm looking for the bounce around $3.11. At the same time I don't expect FOMO to start til next week.

[Sundeeez]

Well, got the SIRI close all wrong, I think someone else was much closer. Crappy day for me overall, now lets see if Apple can be a plus or complete the trifecta of loosers!

EDIT- Rev miss, profit beat, down 25 bucks AH .

Having a BAD DAY!

Sucks man!

Weren't playing NFLX too? Hopefully you had some of that

[SiriusBuzz]

I have a bunch of NFLX that is easing the pain of AAPL.

I dont understand where AAPL goes from here, the valuation already seems to low to me. Apparently the street is more concerned with flashy new products than sales, margins, and a shitload of cash.

[denco1]

I have a bunch of NFLX that is easing the pain of AAPL.

I dont understand where AAPL goes from here, the valuation already seems to low to me. Apparently the street is more concerned with flashy new products than sales, margins, and a shitload of cash.

Don't own AAPL personally but know some that do. Ahsan has a buy signal coming up in the 450-470 range. It has been hit AH and will probably gap down there at the open.....

http://stockcharts.com/public/122627...ook/165681876;