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  1. candleman is offline
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    Joined: Jul 2009 Location: Outer Banks of North Carolina Posts: 1,511
    08-05-2009, 11:16 AM #311
    This is a GREAT day to make some money folks. The swings are great opportunities to buy and sell as we climb up to where ever we're going.

    The price just dropped to .556 If you bought 5000 shares there and sell them at .586 in an hour, you've made a pretty good wage for the day. Do that two or three times today and it's time to take the money to Julie's bank!

    I've done this once already today and I'm in the middle of another one now.

    Good luck!

  2. sxminvestor is offline
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    08-05-2009, 11:18 AM #312
    Right now I'm happy I sold my entire position at .585 - I did it on the swing back from the drop to .55 because it scared the hell out of me. Too much $ was riding.

    Now I hope to re-enter with 2/3 my shares by today for the CC tomorrow. Looking for maybe .55 again.

  3. candleman is offline
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    Joined: Jul 2009 Location: Outer Banks of North Carolina Posts: 1,511
    08-05-2009, 11:19 AM #313
    Quote Originally Posted by sxminvestor View Post
    Right now I'm happy I sold my entire position at .585 - I did it on the swing back from the drop to .55 because it scared the hell out of me. Too much $ was riding.

    Now I hope to re-enter with 2/3 my shares by today for the CC tomorrow. Looking for maybe .55 again.
    Excellent move!

  4. sxminvestor is offline
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    08-05-2009, 11:32 AM #314
    Quote Originally Posted by candleman View Post
    Excellent move!
    Right now it looks good, but if we close over .60 I'm screwed. So far so good, let's see if I can re-enter today late at something that will make it feel worthwhile.

    I'm a long and want to at least hold a core position, but had to take a .20 cent move from .38 in 2 weeks.

  5. RunCatalina is offline
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    Joined: Jun 2009 Posts: 54
    08-05-2009, 11:32 AM #315
    Volume has really dried up. . .
    Price in a downtrend from $0.60. Trend line will intersect yesterday's close at 1p.

  6. Hopeful is offline
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    Joined: Nov 2008 Location: Vancouver Island Canada Posts: 583
    08-05-2009, 11:50 AM #316
    Hey Guys,

    How quickly did all the pre cc gains fall last time after the bad news? Were they all gone in pre market?

    Or did it open in line with the gains and the PPS fell throughout the day?

    Thanks guys!

  7. underway is offline
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    Joined: Mar 2009 Posts: 521
    08-05-2009, 11:52 AM #317
    Quote Originally Posted by RunCatalina View Post
    Volume has really dried up. . .
    Price in a downtrend from $0.60. Trend line will intersect yesterday's close at 1p.
    afternoon runup.....it will happen.

  8. toxdoc is offline
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    Joined: May 2009 Location: Pittsburgh, PA Posts: 38
    08-05-2009, 11:55 AM #318
    Quote Originally Posted by underway View Post
    afternoon runup.....it will happen.
    Think we'll break .60 on the run up this afternoon?

  9. candleman is offline
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    08-05-2009, 12:08 PM #319
    Quote Originally Posted by toxdoc View Post
    Think we'll break .60 on the run up this afternoon?
    We touched it first thing this morning. There is no reason we won't pop through it this afternoon.

  10. Siriustunes is offline
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    Joined: May 2009 Posts: 182
    08-05-2009, 12:09 PM #320
    Quote Originally Posted by toxdoc View Post
    Think we'll break .60 on the run up this afternoon?
    .60 is a significant resistance point right now. Last analyst pps high target i remember is .70 Take a 10% discount and it would seem reasonable that .63 is where this should land by pre market tomorrow.

    This is not a prediction, just an opinion that should not be taken as a professional analysis, because I am not a professional stock analyst by any stretch of the imagination. Just an average guy trying to spot trends and make a little money. So do your own due diligence for any decisions you make.

    Good luck

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