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posted by beanie11111 | 10:34 AM
9 Comments:
gotwuch,
OWENQ probably won't fold. But if the bill doesn't get passed or show signs that it will get passed, the stock will simply drift back below $1. That's what they mean when they say it's still risky.
Either you short or just hold on to your cash and buy the stocks you always wanted 2-3 months from now. I think we should get a bottom by then (possibly at the end of May), and it will be continuation of bull market.
Looks like the market's gonna take another dive this afternoon. And it's gonna be huge, imo. Remember that today is also Thursday - usually big tankola days.
Buying puts or shorting is the only way to go, guys.
New Price targets:
NGPS: if it breaks thru $17, this stock is headed to the low $10.
AAPL: headed to $35 for testing. If it can't hold, it's going to $30.
FFIV: headed to $40 support.
VLO: headed to $70 short term.
SYNM: headed to $10, which is decent support.
BOOM: low $20, if it breaks $25.
Our old friend INCX has hit double bottom today.
We should get a bounce very soon on the market, but it will very likely be short lived and the downtrend should resume. Initial target on Nasdaq >> 1918 and then 1900.
Hey you guys,
Don't put too much money into OWENQ.ob. You never know what can happen especially when it is in chapter 11.
Maybe everything will be dandy for Owen Corning. But you never know. It is rising on the rumor, but it could sell on the news. Just be careful.
http://www.thestreet.com/_yahoo/markets/dumbestgm/10194981.html?cm_ven=YAHOO&cm_cat=FREE&cm_ite=NA
If you haven't read about OWENQ, do it now:
http://www.thestreet.com/_yahoo/tech/georgemannes/10197383.html?cm_ven=YAHOO&cm_cat=FREE&cm_ite=NA
Sorry to hear that, gotwuch.
Nobody told ya to sell, only to be careful and not load up the boat and holding it overnite. OWENQ when it ran up towards the close, like most stocks it should continue the rise the next morning. All daytraders know this.
I think what is really keeping it from going down is that the early buyers probably already sold half and riding the rest for free, while the new traders keep on bidding it higher. Virtually no risk for early buyers of below $3-4, but now very risky for new buyers.
I took a look at UVSL yesterday, and found nothing fundamentally that is exciting. I haven't the slightest idea why anyone would want to bid that one up.
Beanie, any idea why BXTRR jumped up so much today? there is no news...
-Alan
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