Market Watch for the week of 8/9/2009

[Dr. Dave]

Hey buddy,

The difference between BEHL (who I love and don't own) and QASP is the fact that they are acquiring 4 companies on the 28th of August.

That being said gives us a true and real target. This is the only reason that I am willing to sit it out and go with the momentum.

If it was just a run, then I would take profits...like tomorrow, but with the multi-million dollar things going on, I will wait it out.

It will be a total success or a wasted investment, however, I don't see a wasted investment on tangible and hard assets. JMHO.

Like I said, I wasn't sayin', but just sayin' have a plan for each scenario, up or down. Particularly around inflection points like that 60 level resistance. I don't know what's gonna happen, but would have a plan for it (which you do, I was just pointing it out for anyone else).

[Dr. Dave]

, which reminds me, I have to make plans for manana - too many tickers!

Oh yeah, SPNG has been picking up on the ticker cloud. It likely just means there's more eyes on it.

[Sean]

lol dave i knew sum1 would say chartgame.com
"you know that lol"

<-- that's roger federer! lol not me!

[imromo24]

, which reminds me, I have to make plans for manana - too many tickers!

Oh yeah, SPNG has been picking up on the ticker cloud. It likely just means there's more eyes on it.

if i had a clue id say its been in consolidation for a while now and ready to pop up another notch. stuposedly there is a 10k coming end of august which many may want to be on board for a runup.

it got real good support at .13, a drop below .13 and definately a drop below .12 would be worriesome. anything over .15 and its going on a run up, possibly to .18.

[imromo24]

No pics of halibut as they were all small, between 20-40lbs

All in all, it was a great trip!!!

Anyways, back to the business at hand.....MAKING MONEY!!!!

what is that one, (looks like a bird ha ha) holy crap is that 2 fish? is there another fish on the left side there or is one of them bait, lol, wow? What do you do with the fish?

[imromo24]

lol dave i knew sum1 would say chartgame.com
"you know that lol"

<-- that's roger federer! lol not me!

i thought so, ha ha

[imromo24]

AG, that water looks amazing, with mountains in the background, very nice.

[billhart22]

Well Bill, Believe it or not...I have read every post on the hub and from what I can gather these people are blown away on how this company has been planed out and structured even the investors that are looking to get in are some heavy hitters. Plus with the float being much lower then BEHL and the high demand in shares the mm's 3 times today put out the 911 because they were already out of shares because nobody wants to give them up and are having a tought time trying to control this stock...they say after .063 there will be no looking back... they are talking .10 by the end of the week. then there will be a shortage of shares and getting to .25 before the 28th should be easy to accomplish.. they also figure that the demand is so high that the shares that do become availible are snatched up so quick at the ask price it supposly keeps the price from retracting....they also figured out the valuation should be about $1.67 or something and will grow the share price with all of these factors coming together...they havent even crossed the buy line yet and as the share price is rising the volume is getting heavier that eventually will create the perfect storm if you will and we will all be Rich...
as far as day trading their have already been people who have tried to flip and it has cost them more to get back in....I almost learned the hard way also but got lucky this time.....Im thinking let it go untill it hits a certain level and then set a distant stop far away so they dont do a intential take down because they will get desperate for shares sooner than later.....but this one might be our shot for real and dont want to cut it short... but dont want another Behl either....

Tony,

We are thinking the same on this one. I just needed some validation and you provided it. Lets keep in communication on this one.

[billhart22]

alaska guy, great pics!


bill, im up a shitload. IF it goes to 62/63 i may pull the sell trigger and rebuy if it hits .067/.068. lower float than BEHL could mean teens as well. i dont know. if your worried at all, you can just pull out your original investment and commissions and let it ride till the 28th. i think im gonna get some roundtrip trades before then.

if it drops and stays below a nickel i may unload. but i will keep my eye on the 15/30 minute charts before i make a move.



very tired now, up since the morning. did some night fishing and have to wake up before the market opens.

After Tony confirmed what I was thinking, I am just going to ride it out. The float is so small it may be hard to get back in. Flipping may not be the answer here, but profit is profit. Let's see what happens today.

[SiriMonkey]

Beautiful pictures Alaska Guy. Amazing, huge fish! The one with fins? looks
unreal!
Do you clean them on the boat?

Thank you for posting them.

Julie