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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!

Wednesday, May 11, 2005

MOBL: Looking at the chart, i expect a 10 cent

move either today or tomorrow. Hold your shares!

40 Comments:

Blogger beanie11111 said...

We are not playing CSPI, due to low volume.

Wed May 11, 10:02:00 AM EDT  
Blogger beanie11111 said...

GEMS really wants to takeoff today and i believe it will. Put on radar.

Wed May 11, 10:03:00 AM EDT  
Blogger beanie11111 said...

Hey guys,

Today is the day i think we will get a 10-cent (25%) move on MOBL. I'm feelin it! lol

I would prefer that it flatlines ar the .39-.40 area today.

Wed May 11, 10:08:00 AM EDT  
Blogger beanie11111 said...

DNDN broke out of $6 today, which is significant. Swing it if you want.

Wed May 11, 10:15:00 AM EDT  
Blogger beanie11111 said...

SMDI is flying!

Wed May 11, 10:16:00 AM EDT  
Blogger beanie11111 said...

SMDI put on radar; buy only if it breaks $3

Wed May 11, 10:21:00 AM EDT  
Blogger beanie11111 said...

MOBL:

A reversal should be right around the corner.


VPHM is a stock worth watching.

Wed May 11, 11:13:00 AM EDT  
Blogger Jilpangs said...

beanie...

you still beleive MOBL will close
+.10 today / tomorrow?

Wed May 11, 11:20:00 AM EDT  
Blogger beanie11111 said...

MOBL: Pefect setup for the runup!

I now believe that today is the day where MOBL goes gangbusters!!!!

Hold on to your freakin shares!!!!

Wed May 11, 11:24:00 AM EDT  
Blogger beanie11111 said...

MOBL going against our wishes...lol

Wed May 11, 11:50:00 AM EDT  
Blogger beanie11111 said...

SMDI is going.
VPHM is going.

We are waiting for GEMS.

We own alot of SMDI.

Wed May 11, 11:50:00 AM EDT  
Blogger beanie11111 said...

MOBL is now oversold! Support at .35

Wed May 11, 12:11:00 PM EDT  
Blogger beanie11111 said...

Thanks for the sale! Wow, when fear takes hold of the crowds....

If you don't own MOBL, this is probably the only sale you get.

Wed May 11, 12:20:00 PM EDT  
Blogger Jilpangs said...

do you think we need to load up more now ???

Wed May 11, 12:23:00 PM EDT  
Blogger beanie11111 said...

Some people are taking profits as a result of MOBL not being able to break the psychological resistance of .40 ..

There is a possibility of MOBL going all the way to .30, as NEOM did the same thing when it hit .40. But .30 will be the absolute low for MOBL.

Wed May 11, 12:26:00 PM EDT  
Blogger beanie11111 said...

Can you understand why that it is important to take 1/2 off near a double? Some people have done just that...a move from .20-.22 to .40 is nearly a 100% move. Those who sold in the high .30's or .40 will be sleeping like a baby tonite!!! lol

Wed May 11, 12:30:00 PM EDT  
Blogger beanie11111 said...

MOBL
:

We have hit bottom... low .32

Wed May 11, 12:40:00 PM EDT  
Blogger beanie11111 said...

MOBL: Load up the freakin boat here!!!

Wed May 11, 12:40:00 PM EDT  
Blogger beanie11111 said...

I am putting a super strong buy MOBL at .32-.33

Wed May 11, 12:42:00 PM EDT  
Blogger beanie11111 said...

Sheer madness i tell ya! lol

The fools who sold at .323 is gonna wonder, "What happened? They freakin stole my shares!"

Wed May 11, 12:45:00 PM EDT  
Blogger beanie11111 said...

MOBL:

Believe it or not, this is what we really needed - to shave off the ice - after a double in one week.

Wed May 11, 12:50:00 PM EDT  
Blogger beanie11111 said...

Harry,

You are right. Earlier it does seem like a possibility of a reversal to the upside as the stock was rounding a bottom around .38. But later on, it reversed downward. To tell you the truth, i was one of those who sold at .38 when it seemed like it wanted to go down.

That is the nature of technical analysis. It is not set in stone. When the patten changes, which could be anytime, then we have to go with the new pattern.

Wed May 11, 01:01:00 PM EDT  
Blogger beanie11111 said...

Just profit takin at MOBL that's all. Don't worry about it.

Some folks choose to take some profits off the table at .40, and that is ok. There will be more folks taking profits at .50.

Wed May 11, 01:34:00 PM EDT  
Blogger beanie11111 said...

Harry,

The time i made the call to hold the shares was at 11:24am and before. If you look at the chart, at that point in time, there is no indication of a big profit taking ahead. I honestly believed that we were consolidating for the next runup after filling the gap (close enough).

Right after i made the call, 15 minutes later, profit taking really accelerated.

When the selling started, I didn't post a sell to you guys, is because i had no idea that it was gonna sell off this much. I thought those who wanted out probably got out around .39-40.

Harry, you have to decide what your exit point is, depending on where you purchased your shares. I always recommend selling 1/2 near a double.

Not everyone here is a daytrader, so i don't frequently call every buy and sell i make.

My apologies if you only purchased MOBL for a daytrade, which, by the way, i do not recommend because the fills are horrible.

MOBL will get to .50 , then .75, then $1 and beyond.

Wed May 11, 01:45:00 PM EDT  
Blogger beanie11111 said...

MOBL:

We need to close near or above .35, or else we get a bearish engulfing candlestick pattern which could indicate a down move tomorrow morning.

Wed May 11, 02:10:00 PM EDT  
Blogger beanie11111 said...

GOOG is going to $300's this year.

Wed May 11, 02:11:00 PM EDT  
Blogger beanie11111 said...

ISON has strong support at $3. If you don't have ISON, buy it now. It is headed higher in the next few days.

Wed May 11, 02:18:00 PM EDT  
Blogger beanie11111 said...

That kind of return is hard to get unless you're in more speculative stocks.

Here's the list:

NEOM - search
MOBL - wireless/broadband
ELN - biotech/pharma
ISON - homeland security/semi
NFLX - entertainment


Yes i know you don't like penny stocks, but NEOM and MOBL have lots of people supporting it and they will more than yield a 20-40% in 2 months.

I will add more later if you want more.

Wed May 11, 03:40:00 PM EDT  
Blogger beanie11111 said...

Horton,

One more:

SEBL - software

Wed May 11, 03:42:00 PM EDT  
Blogger beanie11111 said...

Horton:

Couple more to choose from:

DNDN - pharma
CKCM - software

Wed May 11, 03:48:00 PM EDT  
Blogger beanie11111 said...

Goodluck Horton, please let me know how i do within 2 months with the list...lol

Wed May 11, 03:52:00 PM EDT  
Blogger beanie11111 said...

dogrib,

i don't like the way MOBL is closing. I suspect it will drop in the morning.

Wed May 11, 03:55:00 PM EDT  
Blogger beanie11111 said...

dogrib,

but it should recover tomorrow afternoon.

Wed May 11, 03:55:00 PM EDT  
Blogger beanie11111 said...

Yep, MOBL closed with a bearish engulfing candlestick. We should expect a morning dip, unless Toby comes to our defense tonite...lol

Wed May 11, 04:14:00 PM EDT  
Blogger beanie11111 said...

Horton, i believe there will be a market recovery this summer.

All the stocks i gave you, i believe will return 20-40% in two months, based on today's closing price. Of course if you can get them cheaper the better.

Wed May 11, 04:16:00 PM EDT  
Blogger beanie11111 said...

Toby hasn't pumped MOBL up the last few days. lol

I think he wants to get NEOM going first....lol

Wed May 11, 04:18:00 PM EDT  
Blogger beanie11111 said...

Horton, tomorrow morning's dip in MOBL is a great entry point.

Wed May 11, 04:18:00 PM EDT  
Blogger beanie11111 said...

NEOM closing very nice , but running into overhead resistance. Looks like it WILL reach Toby's target of $1 by July 1st.

Horton, that's over 60% return within 2 months. Buy it.

Wed May 11, 04:21:00 PM EDT  
Blogger beanie11111 said...

Sorry, i meant a 'dark cloud' candlestick formation in MOBL, not bearish engulfing.

Same thing to me.

Wed May 11, 04:24:00 PM EDT  
Blogger beanie11111 said...

Curt, you are correct. But just because it is above the upper band doesn't mean it can't stay above it even more.

You want to look for several signs besides just the bollingers. Like yesterday, we have high volume selloff and a dark cloud formed. This should be enough to make the longs take heed. But one day does not a trend make. So we have to see what happens today.

Thu May 12, 09:10:00 AM EDT  

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