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The last few years have been great to me, as i was able to clobber the S&P500 many times in returns. But of course, you can't make a living trading the markets if you don't make great great returns. I'll try to give my readers trades that i think will make them money. However, you need to have money management skills, in order not to lose everything on a greedy or stupid trade. I may or may not already be in the trades i recommend. I may or may not trade the stocks i recommend. Due diligence is required on your part and the usual disclaimer that i am not responsible for your losses always apply. I have no affiliations with any broker/dealer and all posts are for educational purposes only. Remember to 'refresh' the home page and the "Comments" pages frequently in order to receive updated posts. Let's rock!

Tuesday, April 12, 2005

OWENQ: The time is now!

Buying for swingtrade. Should blow thru the 52 week high tomorrow.

14 Comments:

Blogger beanie11111 said...

In the same line on asbestos play, i purchased some call options on USEG 2-3 months out.

Tue Apr 12, 12:45:00 PM EDT  
Blogger beanie11111 said...

Guys, if there is any hope of that asbestos plan going thru , OWENQ and USEG should fly sky high!!!!

Tue Apr 12, 02:46:00 PM EDT  
Blogger beanie11111 said...

i really urge everyone to buy either USG or OWENQ. Sell your losers if you have to, but have a position in one or both of these two stocks.

Tue Apr 12, 02:55:00 PM EDT  
Blogger beanie11111 said...

USG needs to break $42 to fly.

Tue Apr 12, 02:56:00 PM EDT  
Blogger beanie11111 said...

I can't stress enough that both USG and OWENQ should clobber its 52 week high!

What the heck are you waiting for? lol

Tue Apr 12, 02:57:00 PM EDT  
Blogger beanie11111 said...

I also purchased MDR for a swing. Asbestos bill is very critical for these companies. If it gets bipartisan support, the bill should get passed; then, these long overdue companies should really really really fly. I am holding until they make a decision on the bill

Tue Apr 12, 03:55:00 PM EDT  
Blogger beanie11111 said...

May keep it much longer, if the developments are positive.

Tue Apr 12, 03:55:00 PM EDT  
Blogger beanie11111 said...

I have no doubt whatsoever that OWENQ will blow pass it's 52 week high. MDR and USG already done it today.

Hey guys, when OWENQ gets to a near double (or 50% of entry price), consider selling half and hold the other half for long term. You don't want to be out of them and find out that the development is very positive. The rally in these companies are way overdue. 15 years overdue?

Tue Apr 12, 04:00:00 PM EDT  
Blogger beanie11111 said...

Sorry my first comment, i meant USG, not USEG! lol

Tue Apr 12, 04:01:00 PM EDT  
Blogger beanie11111 said...

Sorry my first comment, i meant USG, not USEG! lol

The 3rd comment as well..what a klutz! lol

Tue Apr 12, 04:01:00 PM EDT  
Blogger beanie11111 said...

horton,

with so much momentum, you should have bought 1/2 if you think prices are too high. Of course it could correct tomorrow, which means you'll get lucky. But then again, it may not. So buying 1/2 (or 1/4) i think is always a good idea.

Tue Apr 12, 04:06:00 PM EDT  
Blogger beanie11111 said...

hey guys, i gottta go now. Will answer any questions later tonite (if possible).

Let's rock tomorrow!

Tue Apr 12, 04:08:00 PM EDT  
Blogger Alan Ji said...

Beanie, care to comment on ELN given the news in AH?

Thanks. -Alan

Tue Apr 12, 07:05:00 PM EDT  
Blogger beanie11111 said...

I believe OWENQ is worth $25, at least.

Tue Apr 12, 07:50:00 PM EDT  

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