We're falling, down .03 with no gap.
Looks like we bounced off of the mid BB. Lets see if that holds. 18 sma just under that at 3.08 could also offer support.
AAPL- well, I bought @485 and still think it is a buy. beat profit, missed revenue by a lousy 200M on almost 50B, and they always are conservative in forecasting . The market hates them now, and I think that is cyclical and will change, eventually. AAPL needs some of NFLX's mojo right now
ONVO-dropping more, 12% already, it is a swinger. MAy get real ugly before it rises again, June 26 2012 was a doozy! $10 down to 1.85 in a day! Be careful.
SIRI- all bets are off, just holding and waiting on my end
ONVO is a crazy stock. Waiting to see if it can find a bottom to maybe buy a few more.
EDIT: Have a buy in at the Mid BB, around the 3.50 area. If it doesn't get there, I will be happy. The more days we can hold this level, Above $4, the higer the Mid BB and lower BB will get as well as all the moving averages. Back down under $4 again. Hope it pops back up soon.
Last edited by denco1; 01-24-2013 at 10:52 AM.
ONVO bounced off of the 13 sma area. Actually ticked down to 3.80 where I had a buy yesterday. Should have left it, oh well. Now back over $4.
EDIT: Actually put it in again today but changed it to 3.49. Got cold feet with the way it was dropping.
You guys crack me up........... I'm not about to believe two grown up boys have never poked into someone (er something) you didn't know very well.
I just experienced what I have learned to be a typical disappointment from the younger generation...... speaking of my 43 year old son who just can't seem to get a grip on family finances (in spite of a solid 6-figure income)..............conversation went something like this: "hey dad, you that little stock account you set up in my name (5000 shares of SIRI last March) to help pave the way for our kid's college? Well, would it be possible to take, say a couple grand from it now to help pay the Christmas bills and to fund my business trip next week which will be reimbursed upon my return (with no mention of reimbursing the stock account)? This phonecall came only weeks after a similar one from his 46 year old sister (same size stock account in her name) in which she had this sob story of needing $800 for tires on her car........while two teenagers taut their new iPads, iPhones, terrabyte data plans and a host of other obvious high-priority trinkets....while daddy draws in 150K a year.
I think now is the time to stop worrying. I've made my offer............if the kids have to sell pencils on the stree corner to pay for college, I shall not loose sleep over it...............who the hell taught these "kids" such economics?
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Last edited by siriusly_invested; 01-24-2013 at 01:46 PM.