DNDN to $30 before May 15!!!!
DNDN closed @ 18.05
I believe DNDN will see $30 before May 15 FDA announcement (note that the decision can come even sooner than that). So you can sell some near $30 and please do take your principle out and play with house's money.
SeekingAlpha is making a 180% turn and is now very bullish on DNDN (should we go contrarian now? lol), calling it the next Genentech (hey, that guy reads this blog, or at least reads Beanie's message board spams!!! roflmao). http://biz.yahoo.com/seekingalpha/070404/31496_id.html?.v=2
Anyways, i have no doubt in the mind that as we get near that May 15 date, traders will bid this thing up above $30. That's a 70% gain from here.
I believe DNDN will see $30 before May 15 FDA announcement (note that the decision can come even sooner than that). So you can sell some near $30 and please do take your principle out and play with house's money.
SeekingAlpha is making a 180% turn and is now very bullish on DNDN (should we go contrarian now? lol), calling it the next Genentech (hey, that guy reads this blog, or at least reads Beanie's message board spams!!! roflmao). http://biz.yahoo.com/seekingalpha/070404/31496_id.html?.v=2
Anyways, i have no doubt in the mind that as we get near that May 15 date, traders will bid this thing up above $30. That's a 70% gain from here.
posted by beanie11111 | 9:08 AM
241 Comments:
yeah that is funny, i read his blog where he so vehimently claimed that DNDN had no chance of getting approval, lol the poor guy. well atleast he has the courage to get on the right track.
ALOK - (repeat from yesterday tailend of thread)...who is predicting a crash next week....
Here is one UK guy from FT:
http://www.ft.com/cms/s/9aa70da2-e20d-11db-af9e-000b5df10621.html
I know we are up to pre-Feb 28 levels again and have tightened my stops, but where are you finding this?
Thanks...just preserving capital.
Holy Moly, the Dollar is up screaming vs the Yen after the jobs report this morning.
Currently at 119.40 Yen.
Hey Anon, i didn't say CRASH, i said correction. ok i'll rephrase, a pullback, i hope that alleviates your concern :)
i should be careful next time. i've given the levels of my expectations in a follow up note
"Jake, thanks for the info. next week thats what i expect, the dow to make a push above 12600 and then fall back to your 12470 line before starting the next run up."
.who is predicting a crash next week....
Let me predict this:There is absolutely no way a crash is happening any time soon.
There might be dips next week as we had 6 days in a row of gains. 2-3% down max and that too because traders need cash to pay their taxes.
But I would be using them as buying opportunities.
Can't remember if it was Gose or Zee that was talking about shorting CCJ (uranium) last week... but this may be the reason that didn't (and wouldn't) work out:
http://www.tcsdaily.com/article.aspx?id=040507D
"The irony is that the beneficiary of Monday's ruling won't be wind power, solar power, or any of the other renewable technologies favored by the Green establishment. Their economic and technological limitations are too severe for them ever to occupy more than a small niche in the American energy economy. Instead, one of the winners from Massachusetts v. EPA just may be something that many of the environmentalists who brought the suit have long abhorred: nuclear power. Like renewables, nuclear power generates electricity with no pollutants or greenhouse gas emissions. But unlike renewables, nuclear is capable of generating reliable power on a massive scale, which is what our country's future energy demands will require.
Nuclear power is on the verge of making a comeback in the United States. Thanks to several favorable provisions in the 2005 Energy Policy Act, as well as a streamlined licensing process, it is possible we could see the construction of new plants start within several years. The economics for new plant construction are still being worked out, particularly with regard to financing and federal loan guarantees. But there can be no doubt that federal efforts to hamstring coal can only help nuclear. Moreover, any future regulatory scheme allowing nuclear power plant operators to earn credits for generating emissions-free electricity would enhance nuclear's attractiveness to investors."
Know nothing about CCJ. Never heard of it. Plus I almost never recommend shorts.
JakeGint, don't know who wrote the lead in on DNDN today, however, I was able to catch part of yesterday's run, much to my delight. Therefore, in my morning research today, I found the below syntaxed piece of research on DNDN, written yesterday, and stating that a $70 stock price in the next several months is not out of the question. Hope this helps anyone interested in what might happen Monday and in the coming days. Thanks, Steven
http://biz.yahoo.com/seekingalpha/070404/31496_id.html?.v=2
A big whoops, JakeGint. Just realized Beanie wrote the DNDN lead in and it is the same web address that I gave. Sorry for the redundancy. But thanks for the input Beanie. - Steven
Jake/Zee, comodity stocks have been on the run last couple of weeks. i'm not sure if you've noticed but check out all the gold stocks, uranium stocks hell even look at Gosu's POT :). shorting any of them now could be disasterous. i'm glad that zee got stopped out, or he would have run up additonal losses.
futures up nearly ½% on jobs report....see if it holds on Mon....
thanks jake...CCJ.(..CCJ=uranium....mining....i bought CCJ at the bottom...now trying to short at the top. I learned today... the $XAU is against me.100/1.....current situation...... day late and and a dollar short..
z----
when...XAU...double tops... my CCJ short should work...80/20...and AA reports tues AMC...so I’m in waiting mode...
here’s source link on futures number i posted...
http://www.chron.com/disp/story.mpl/ap/business/4693693.html
z...
“””he who cannot exit at the top......also cannot short at the top.....”””
Z-
So.....There it is ...my long term....goal.....exit at the top......so I can short it at the top.....
""almost pays for the THUD....whenever I try... to fly too high......""
observer one...replies...””I’d rather have my feet...FIRMLY.... planted on the ground...and avoid the... “”THUD””.....altogether.....””
z...
.....green gable....jake....
ALOK - thanks for clarifying the correction/crash comments...just trying to get a handle on the vocabulary among other items.
ANON
Anon, i think it was my fault, Gosu interpretted what I said in the same manner so i should have said pullback. it always helps when you guys point it out :)
hey everyone, expect some good things from zee in the coming weeks, he is doing some good work.
I am very optimistic about DNDN, but i remain cautious as to why mr. Ceo sold 20% of his shares so soon (at $13?). But then again, he wouldn't know whether the fda would approve or not.
Zee of Green Gables-- you have more formulas and concoctions than an alchemist.
I await, with bated breath, the complex equation that illustrates the connection between gold and uranium?
Hey beanie if you dont mind me asking are you in DNDN and are you going to buy more
elmyko1
Jake ...the complex equation that illustrates the connection between gold and uranium?
it’s not really a connection....
It’s more like “””Last index standing”””STQ SCP PBW GDX XLE OIH HUI...
aren’t showing a clear...SHORT SELL SIGNAL......so ...XAU is my NEXT TO last hope..
if that fails .....it’s on to....SPY..DIA...QQQQ....xbd..iyt...$bkx...iyr..xal...etc....and possible new yearly highs on the DOW...
z...
beanie, I am very much impressed by your calls. I think your blog is a must read.
Perfect 10, I would say.
Alok,
When you get back, you and I need to talk shorts for next week.
~V
alrigth i think i'm done partying for the weekend, back to business. V why do you want to short and what do you want to short?
based on your reasoning we can try to find something. next week should be great for shorting, almost everything is so high (short term) that you can make a quick buck or two, but you have to be nimble. currently i'm long 100% (and some extra if you know what i mean)
elmyko1,
if you purchased DNDN at $5, there is no need to buy more. The prudent thing is to sell 1/2 and hold the rest thru May 15. (Another 1/2 can be sold above $30)
If you don't got DNDN, you gonna have to pay up from this point on is what i think.
PNSN
LLTC
DNDN
are on my buy list on any dips.
Gose -- curious as to your take on PNSN... don't know anything about them save the chart... which looks pretty toppy -- or one might say "double toppy."
http://stockcharts.com/h-sc/ui?s=pnsn&p=D&b=5&g=0&id=p63822821457
LLTC looks good for a trade to the $34 area... right now.
http://stockcharts.com/h-sc/ui?s=lltc&p=D&b=5&g=0&id=p63822821457
But long term it looks relatively flat... any special insights on this one?
http://stockcharts.com/h-sc/ui?s=lltc&p=D&b=5&g=0&id=p63822821457
i would stay away from PNSN... there are much better ones out there.
I like GIGM in a pullback under $15, and ADCT on a break of $17.50 with volume.
NTRZ is not a bad stock to play : buy at 3 and sell at 3.15
Lazio
I thought you were predicted a pullback next week.
~V
V i'm working on some shorts n longs. will post what i like by evening.
till then these two are good longs
AMGN
KOMG
Well, I got jealous of all y'all with your real live blogs, so I actually decided to start posting some stuff on mine. Still a rank amatuer, and don't even know how to construct a blog "roll" (any tips appreciated on those tech things), but I figured I'd make some infrequent posts on what I'm looking at, etc. Click on my name for the path to my blog "Mythoblogical."
APRIL 7...2007..
I think....MNST and MAN will be up first thing Monday morning... on employment report....if they haven’t gapped up too much...Monday....morning....should be great for daytrade...or swing trade...
zzz
Zstock, did you listen in MNSTs conference? I think MNST will flatline or go down further if it breaks support/
About DNDN; if beanie thinks this will go up to 30 before or around FDA approval date- then it's still a good bet for at least 60-70% return?
SVG WHY ARE YOU REPEATING WHAT BEANIE SAID. ARE YOU TRYING TO PUMP DNDN.
I repeat...MNST and MAN will be up Monday morning....
z.....
anon....did you read future earnings report?????...trending 25% higher.....
V here are some in my SHORT WATCHLIST for next week
BID
BWLD
DISCA
EGN
JNPR
KNOL
NTRI
PRFT
these are a few, will only short them if they continue to show signs of weakness for a quick trade.
Z, i meant the pre earnings guidance
http://biz.yahoo.com/bizwk/070405/apr2007pi20070404846715.html?.v=1
Don't Trade While Depressed.
------
In my opinion, antidepressants like Prozac are dangerous and can make a person more depressed and even suicidal. The best thing to do is to look for natural alternatives - like consulting with an acupuncturist. The FDA even has a say in this: http://www.breggin.com/Breggin_Observations_on_Paxil_Suicide_in_Adults._May_2006.html
Incidents like that of the Columbine, did depression cause them to shoot a bunch of school kids or did the drugs make them more depressive and suicidal that they shoot the kids? You decide.
Watch this illustrated story:
http://www.mercola.com/townofallopath/index.htm
Is it no wonder America is ranked above 25 in health of all industrialized nations even though we got the most and the best doctors?
http://www.breggin.com/Breggin_Observations_on_Paxil_Suicide_in_Adults._May_2006.html
"Buried in the FDA/GSK release is an astounding fact: Depressed people are 6.4 times more likely to become suicidal while taking an antidepressant than while taking a sugar pill. [2]"
---
hey, maybe Tom Cruise knew more about psychiatry and depression than most people think!!
Tom Cruise is a real nut case himself!
Guys don't forget to watch DNDN tomorrow, I expect it to gap up again after a long weekend. There's just too much expectations for this stock, whether imagine or real. I'd expect this one will be a good day-trading stock- at least a 10% gain?
Beanie,
There's been so many cases of naked shorting. How do I prevent my stocks being borrowed to use for shorting, besides from asking my broker for a stock certificates?
Correct Posture is the simplest and the easiest way to correct depression. And the easiest way to correct posture is YOGA.
YOGA mentions that if you keep the shoulder blades tucked in together, you will never ever have depression.
Don't believe it - try this, try to feel depressed while maintaining a perfect posture. Can't do it.
sgv,
Forget about naked shorting! We are just a pebble in a lake. Nothin we can do about it. Big boys will continue to cheat until they can no longer do it, kinda like options backdating. There is no such thing as "good people" when big money is involved.
svg,
You can call your broker and tell him to stop lending your shares for shorting. Btw naked shorting is shorting shares that don't exist, is a flaw in the system that hedge funds exploit. They dont really need your shares to do.
ps - Nice list alok, I ll start looking into those shorts right away.
anon..MNST closed 40.80... has a $4 deadcat bounce somewhere....that's for certain...I'd like to see 38 or 39...so if that..happens Monday..or next week...that’s a bonus...
zee..
Avg, from what I hear if you have a cash account instead of a margin account, your shares cannot be loaned out.
I read this on one of the yahoo msg boards. If you place a limit sell order at a very high price on your stock then your broker cannot give your shares for shorting. like for DNDN which closed at 18.05, if you set your sell order at say 100, that should prevent your broker from giving your stocks for shorting. I don't know if it works, just thought it was interesting.
There's no fighting the carry trade... closing on 120 yen for the dollah. I remember when I was in business school and it was like 82 or 83 yen to the dollar. We had about 25 guys (and yes, they were all guys) at our bidness school from Japan. (This was about 94-95).
We'd go home to Lawn Guyland for the holiday break and our Japanese friends (who were all being paid to go to school by their Japanese bank or industrial company) would head off to Europe, South America or the Middle East (my next door neighor spent Winter Break in Egypt.)
They were all uniformly nice guys, so I don't begrude them the currency advantage. I assume their counterparts are not enjoying the same today...
WDFC - The company that makes WD-40 jumped up big time after hours on Thrusday...just FYI. New-Kid-On-The-Block
NYX closed 7.15€ or 9.97% up in Paris on Friday
http://stocks.us.reuters.com/stocks/overview.asp?symbol=NYX.PA
Lets see how it pans out tomorrow.
Jimmy
NYX update
Apparently it could be a mistake by Reuters. The French markets were closed Friday. Got that from the Yahoo Message Boards.
Jimmy
Unless something drastic happened bet now and morning, we should have a great day for longs tomorrow. all asian mkts are up nicely. keep your short ideas they might come handy tues/wed when the big guns start selling to free up some cash for taxs.
Is today going to be SMSI's day? I most certainly hope so.
beannie,
how about NUVO??????????
they signed some deal with DNDN and are up premarket big time
JSDA is a buy here for daytrade
I suggest you buy some QQQQ or SPY puts.
We may be ready for the next leg down sometime this month or in May.
Cool totally sold TGEN on Thursday then today its up 22% today for no reason
elmyko1
Damn I was just thinking about you and hoping you held it through the 3.5 level test.
Again, hate to be a bore, but it's just amazing how these Fib numbers can nail a price level... check out MEMY's peak to bottom retrace (feb 9 to Mar 28th), and you'll see that it's stalled right at the first Fib line of 23.6% or right at $2.32.
If it breaks that level on continuing volume, I think we should all get wet.
Yea pretty disappointed i didn't but hey what are you going to do i'll make my money back. You know why it jumped just cause alot of pharmaceutical company are running right now or it was just oversold?
elmyko1
Yup, no particular reason, just how the market work, no particular reason hahaha.
Don't just STAND there, MEMY's confirmed the fib break... GET THE HECK IN!
Lol.
NExt fib retrace level for MEMY at $2.80, fwiw...
JakeGint, thanks for the headsup on MEMY. I use tradestation, so I plotted the fibs in, got the same numbers. I have daytrded mainly opening gaps and the last 2-5" "crank" action on AAPL for some time now, and use the Fibs on the 3" and 1" charts after they initially "map" their first 1/2 to 1 hour hi/lo. - Steven
Steve, I am in fourth grade and you are in high school, obviously.
I have heard good things about Tradestation and even owned the stock for a while (and did okay into the teens w. it before bailing).
But I know nuttin' about 3" charts, etc. Feel free to elaborate...
BOT 1000 DNDN 20.05
SLD 1000 DNDN 21.36
This comment has been removed by the author.
Sorry Typo.
BOT NUVO 5.28
BOT MEMY 2.47
Everybody and their grandmother buying DNDN
Looks like DNDN is going to 30.
HEHEHEH
I Love you guys.
BOT 1000 DNDN 22
SLD 1000 DNDN 23
DNDN:
If their drug gets approved, it will likely be worth over $100
JakeGint, The best way to explain what I use in terms of indicators and charts is to refer you to a book written in 2004, entitled "Secrets of the Underground Trader; Advanced Methods for Short-term and Swing Trading Any Market", by Jea Yu and Russel Lockhart. I must say, and I have read just about every trading book written, that this book confirmed my "instincts" with a set of methodologies to keep me out of the proverbial dog house on many occassions. I still "hit and run" and "scalp", but with greater analytical comfort on taking longer term trades. In fact, it is the only book in my library currently that I still read and reread portions of on a daily/weekly basis. Hope this provides some insight. Last but not least, Jake, fibs seem to work fairly well with these high volume trading stocks, because many of the big houses/big gun traders all use overlays of the same methods, including fibs... Steven
BOT 2000 NUVO 5.28
SLD 2000 NUVO 5.58
SLD MEMY at breakeven
The following is from Tradestations news service this a.m. regarding DNDN: -Steven
"The Food and Drug Administration will approve Dendreon's Provenge prostate cancer vaccine on or around its May 15 deadline.
I don't normally start a column with such a declarative opinion, but it seems right in this case. Thursday's positive recommendation from the FDA's advisory panel was a big win for Dendreon.
I stayed neutral on Provenge going into the panel, but the discussion and vote -- despite some strangeness and controversy -- moves me into the pro-Dendreon camp.
That's not to say I think Dendreon is home free. The FDA decision carries risk -- if pressed for odds, I'd say there is an 80% chance that regulators clear Provenge for approval and immediate sale. That leaves a 1-in-5 likelihood that the FDA delays Provenge approval and asks Dendreon for something more before it gives the marketing OK.
On Friday, Dendreon shares jumped $7.71, or 148%, to close at $12.93. Not bad, unless you were short, as many of Wall Street's biotech hedge funds surely were. The stock did open Friday as high as $18, so a lower close probably reflects a nervousness going into the FDA's May 15 decision. Given the advisory panel vote, that's not unexpected.
Dendreon shares were up more than 5% to $13.63 in recent Monday trading.
If you owned Dendreon going into Thursday's panel and now sit on a tidy profit, don't be piggish. At the very least, take whatever investing steps are necessary to lock in some winnings ahead of May 15. Thursday was a clear win, so enjoy it, but don't lose everything if, for some reason, the FDA decides not to grant approval to Provenge.
Go
More information on Dendreon Corp available in the members section of www.BellwetherReport.com." - End
BOT 1000: DNDN 21.11
SOLD 1000: NOT YET!!
DNDN close at 27? stay tuned...
man, those 2 analysts that were slammin DNDN even after the fda panel recommendation, should have their arses fired! Incompetence of the first degree.
lol
And they should hire Beanie!!! LOL
Even a monkey knows DNDN is headed right after the panel recommendation, but not these two educated idiots! lol
fired!
DNDN retracing the Fib 23.6% from its day high and seems to be hugging that fib # from the 9:31 beginning move up. The lowest it has gone back down was right below the fib 38.20% of 22.72. A day high of 27 would not be out of the question... Steven
DNDN shorts are burning and they are seriously hurt. Would like to see those 2 fools keep on shorting their firms' money.
Beanie11111, it is almost comical to watch. Every time QID drops another five cents, DNDN takes off again! Steven
who knows, maybe those two are short DNDN and are just hoping that their words will have some affect.
DNDN is wiping out the careers of many shorts. lol
Congrats on DNDN....
I wish I owned it.
Had looked into it last week when it was around $13, but didnt have the $$ to dip in ;o(, all tied up with TGEN. Good thing today went up as well....
Anyone look into VRAZ, new IPO?
OOZZE
Dang doodle dandy, had to redraw the Fibs on DNDN! Steven
TSL is on a tear
Looking for a safe play. LEH (Lehman Bros.).
It has 80 dollars written all over it.
I bought some KOMG today morning. looks like its reversing.
ggbm is up. Quick guys
Lazio
JakeGint, right after redrawing the DNDN fibs, adjusted for the new high at 24.27, it dropped hard, but hit right below the 38.20% fib (23.08) going to 22.95, then bounced back up to 23.86! Amazing, those fibs; nearly dropped my peanut butter sandwich! - Steven
My CEGE is following Beanie's DNDN nicely too :-).
A.
Is there any rule that says a non day trading account cannot keep a stop loss at <5% of the current bid? I was told by Tradeking thats the case. Is this true??????????
-M
I guess that's why they call it the Golden Ratio or Divine Line.
http://en.wikipedia.org/wiki/Golden_ratio
http://www.mcs.surrey.ac.uk/Personal/R.Knott/Fibonacci/phi.html
How to trade DNDN the rest of the day? Does it close higher?
Crude oil down 3%....holiday over....Xom put from Friday on pins and needles...Bought Xle puts...hold till tomorrow...
XOM in talks with DVN...
I signed up for an OptionsXpress account on Friday, but didn't fund it yet. (Thanks to whoever mentioned that, this is exactly what i need to learn options). Using the Virtual Trading account I bought some DNDN May 20 calls... THEY DOUBLED Today! ARG! Wish that was real money!
I've got a permanent slap mark on my head watching this DNDN and not getting in on any of the action.
Gosu, r u thinking of getting back in MEMY, its on the rise.
TGEN is moving up...
It will be a up week this week...
oozze
sold 1/2 at 4.20 for gain.
looking to park it elsewhere....(or waiting for DNDN to move down a little before jumping in the water)
oozze
Alok .doc...txi (30/50)==100/1..in play today ...or tommorow
Alok said...
Gosu, r u thinking of getting back in MEMY, its on the rise.
No, Alok, I think I am done for the day. DNDN and NUVO gave me enough for the day. Thanks guys for bringing these to my attention.
zee do u mean short or long TXI?
LONG......
joerawr,
optionsXpress may give me free gift if I refer you to them. The only thing they need is your email address in your account. You can let me know your email address by sending it to goal7digits@yahoo.com
Do the virtual trading until you can have 80% win, then use your real money.
Good luck and be careful.
A.
NYX up over a buck off it's lows... but I no likee... too vertical a retrace... bad day for all the exchanges... Where's exchange man Gose?
Vix may 11 call....3.10.....that’s cheap ....defence against any downturn...
Alok ...if you are buying TXI today....it’s half in...and if Tues.. down...it’s all in...
I prefer to wait till Tues...
zee..
thx zee, i'm not buying anything more today, dont think the mkt will be strong tomorrow so im going to wait and see.
looks like SMSI and TSL will finish strong today
SMSI:
Once it busts thru 20 this time around, the sky's the limit
OPBL looking good again.
INTC is a buy!!!!!!!
JSDA is setting the stage to form new highs, and soon.
NYX:
don't get fooled by the selloff. It only takes one day to make that all up and then some
JSDA is cheap. Worth $50 is my opinion.
if ya ask me, i'd say DNDN gets another powerful move tomorrow.
Care for some option calls???
SMSI perking up with volume increase at end of day surge.
Continuation move after consolidating recent highs?
Beanie's pick from Tuesday:
posted by beanie11111 | 3:09 AM |
Tuesday, April 03, 2007
SMSI & JSDA is going alot higher!!
SMSI closed @ 19.33
JSDA closed @ 22.35
Both stocks are going much higher.
Buy them dips!!!!!
Beanie11111, could you please share with me what you are thinking a short term target is for SMSI? Thank you. Steven
Good trades to those who bought/sold or still holding DNDN! I am still holding- it's all or nothing, big money or bust! LOL
anon,
All i can do is wait till SMSI takes out 20 to get to next target of 25-27.
But i keep getting this nagging feelin that the market may be setting the stage for the next leg down intermediate term. I hope to be wrong, i tell ya. There are many nasty bears out there; but ultimately the bulls will win hand over fist.
Interesting news
"Google tests directory assistance for phones
SAN FRANCISCO (Reuters) - Computer Web search leader Google Inc. on Friday stepped up an experiment to use speech recognition on telephones so consumers can ask for local information, in a challenge to directory assistance providers.
The company is inviting U.S. callers to dial 1-800-GOOG-411 (1-800-466-4411) from any phone to test a voice-activated service free-of-charge that it calls Google Voice Local Search, which is available on its experimental Google Labs site.
"Using this service, you get fast access to the same local information you'd find on Google Maps," an explanation of the new experiment said on the Google Labs site. "You don't need a computer, you don't need an Internet connection, and you don't even need to use your cellphone keypad," it said.
Details are available at http://labs.google.com/goog411/."
sgv,
DNDN + 5.53 (30.64%)
CEGE + 1.42 (26.10%)
We are all happy. I am holding tight on my CEGE too and waitting for it to pass $10 before the end of the year.
A.
Steven, thanks for the book rec... I will check it out.
Austin,
I am so bullish on DNDN that I bought 300 more shares today.It's big money or bust! LOL!! I have not been this excited since RVBD and EFUT last year's big winners for me!! Congrats to all who made money and good luck to all who are still holding DNDN!
Lot of excitement here .. it looks the end is near. I am moving to the cautious side.
Good luck all,
Mark the Cat
alok,
I actually tried the GOOG 411 just now and it's AWESOME!!!
For one second, I thought Beanie got GOOG at 411.
I need to think about things outside of a stock price.
DNDN:
If we get the power move tomorrow, you should get out, at the very least your principal amount.
Breaking out of a pennant?
This is from Yahoo message board.
TR Stock Alerts (www.trstockalerts.com) had SMSI as a featured stock in their watchlist for tomorrow. Here's the post, scroll down for SMSI:
Day's Wrap / Premarket
On the Premarket Watchlist:
Market Sentiment: Bearish
LONGS:
CCC--entry price: 8.70. Comments: This has been following its 13 day e.m.a nicely here and has briefly consolidated over the last week. Looking for a continuation move.
SMSI--Entry price: 19.75. Comments: This has been constructing a pennant since peaking at the end of March. Look for volume coming through 19.75.
VSGN--entry price: .47. Comments: Speculative penny pick. This formed a triple bottom and has since shown signs of life. First a gap up at the end of February, then a month of backing and filling. Now ready to make a pop. Right against key resistance at the 200 day m.a. and multiple tops.
SBAC--entry price: 30.40. Comments: Up against multiple resistance at 30.20. Look for a move on strong volume.
MTMD--entry price: 4.90. Comments: This is ready to break out of a very long base. It has shown a ton of accumulation since it came off its well-defined bottom in November. Look for a follow-through on volume.
ZOOM--Extremely thinly traded, so for speculators only here. I've included this only because it has the potential to make a substantial move on a follow through. Ran from 1.20 to 2.80 then back again in one day in October.
NEXM--entry price: 1.48. Comments: After a shakeout in March, this popped rising from 1.10 to 1.40 in a stretch of three days. After a consolidation on no volume, this had a huge spike of volume today. Look for volume as it breaks out of its descending trendlines.
EDGW--This is from our Feb. EARNINGS GROWTH pick, and has held a strong chart. Forming a wedge here. Look for a volume move over 9.
TSYS--If this takes out today's high at 4.16 it could run, so look for volume confirmation.
SHORT:
NTAP--This is the short we abandoned when the market roared to life; however, after a futile attempt to rally, this looks once again ready to plunge. A good hedge against a potential market downturn.
lol, beanie that was fast, i've gotta try it out now.
There is another free 411 service, 1-800-CALL-411 or 1-866-CALL-411 not sure exactly which one.
Damn! anyone else catch 'Thank God Your Here' tonight? Some of it was really funny.
Alok, STX lowered their guidance today, harddisk sector looks scary right now.
Vi
Beanie,
Could you comment on NUVO's action?
Thanks.
CPSL has reached it lowest year position
Lazio
Can JADE do the turn around today? it is showing positive action pre-mkt, i hope today is the day. its frustrated me enough already :(
anon,
Regarding NUVO, I don't like rumors but the stock does have good technicals. I would take some profits on the way higher, starting today.
MEMY up, but I'm lightening...
NYX down again in premarket. That 50% retrace line is right at $95.27.
We break that, it's world o' hurt time.
Holy fricoli... did you see NYX bounce off that fib line (with a slight piercing?).... Unbelievable. It's past $96 again.. already.
Alok: I wish I didn't buy KOMG :(
Dimitry
BHP Billiton the Billiken (BHP) has broken the long term $50 resistance... It's a nice one now... (gold play in there somewhere).
Beanie11111, what do you think the reason is for JDSA and SMSI's lethargy today? Thanks. Steven
Hey gosu, My IB is all set up but there are so many options that scottrade does not have. Is there anyway I can phone you for 10min and just go over all the options, or if you can meet me in a chat, mabye Instant Message and just go over a few things? Thanx
HEY JAKE... What's your take on NYX bouncing off that fib line... seems to be stuck at that level, 95.75....SKI
Ski -- I've got no ready explanation for it... the only thing I can think is that the cycle may be turning for all these "hot" exchanges. The good news is that fib held... the bad news is, it now looks like $96 has become something of a ceiling....
Any comments on TGEN? Thanks.
Tgen:
Sold 1/2 of my share again on 5.20. Take some profit as it goes up. i think only a little left upside.
oozze
beanie,
what your take on STP?
I have been holding that stock quite a while and now it seems stuck around that price 35-36 range.
oozze
Ski -- Waaaahl, shut mah mouth and call me Eustace. No sooner do I complain about a glass ceiling on NYX when it's shattered. Perhaps this morning was the capitualation stick we were looking for.
If we bust past $96.75, I would not want to be in this thing's cowcatcher sights...
z-stock,
missed on txi...should have bought yesterday.
oozze
Thanks Ooze. I will sell half (bought in at 3.55) and hold the house's shares hoping to break 12-month high of 7.16 with this strong volume.
JAKE.... I was about to post when it shot up .40 but I didn't want to jinx us!!!! Glad you did first...SKI
see asti? :)
DJFSMR
Would you still have your child vaccinated if your pediatrician tells you that potential side effects include:
brain damage, severe food allegies, retardation, brain swelling and hemorraging autism, homosexuality, death, and many others...
http://www.mercola.com/2002/aug/7/vaccine_death.htm
JAKE... It busted thru 96.75.. could this be our day...?
Dimitry, KOMG looking bad, but i dont think it has much downside left. I would keep a stop below the head at 30.29. remember this is a longer play, its not going to turn around in a day.
JADE is the one thats really making me unhappy.
Doc, I hope you were able to get out of HNSN today morning.
It got through 96.75, now it's got one more ceiling to break $97!
Stay golden Pony Boy!
_____________
Beanz... your conspiracy theory stuff is starting to worry me...
All my kids are vaccinated... consider the alternative... My sister is one of those whole earth crunchies who did not get hers done... and they're allergic to everything now.
WFR
Big buys coming through
70 by end April, IMHO
load it up
I hope you have the good sense of getting out of DNDN on the morning's gapper and no follow thru.
Congrats
Now NYX is rolling over, but not on such worrisome volume... still, need for it to stick at 96 fiteen or it's back to trouble land again.
jakegint,
no conspiracy theory there. Just the facts.
Consider those kids that were vaccinated were lucky they didn't get any of the serious side effects.
Your earth crunchie sister is the smart one. It is very rare for a child who is not vaccinated to have very severe food allergies.
I have 3 children in my clan that developed severe food allergies immediately after the vaccines, all accompanied by very high pitch screaming during the injections.
Arun said...
BOT 1000: DNDN 21.11
SOLD 1000: NOT YET!!
Mon Apr 09, 12:12:00 PM EDT
Hope you were able to get out it buddy.
Anyone here watching WWAT.OB beanie suggested it a couple of weeks ago and its up 50% since then just wondering if anyone was watching..
oh yea and TGEN can shove it
elmyko1
Arun said...
BOT 1000: DNDN 21.11
SOLD 1000: NOT YET!!
Mon Apr 09, 12:12:00 PM EDT
Hope you were able to get out it buddy.
I sold this morning at 24.20.
It seems the DOW will be red today after 7 straight up days.
A.
wwat.ob
im in at 57
goes to 1$ in a few weeks
Wow, kids screamed upon getting shots?
I've got four bambinos. The only one in the house with the food allergies is my long suffering wife.
Polio is near gone, and a lot of childhood diseases that you used to visit American households on a regular basis are now extremely rare.
The vaccine conspiracy theorists are doing their best to turn that situation around.
It's a shame, but to be expected in an information overload world...
FWIW -- ASTI is right on it's 23% fibber at $9.25.
Here's a relatively balanced opinion piece from the WSJ about how the conspiracy theorists have attempted to link autism w. vaccination programs. Of course, an idiot Kennedy is leading the charge:
http://www.keepmedia.com/pubs/OpinionJournal.com/2005/06/24/907782?&pbl=11
Money quote from the piece:
"Repeatedly Mr. Kennedy's conspiracy claims vanish like a vampire exposed to sunlight. Which might be amusing were it not so serious. The conspiracy-mongers have scared parents into not protecting their children. "Sadly, as exemptions proliferate, disease 'hot spots' are cropping up across the United States," observed an article in the Winter 2004 University of Michigan Journal of Law Reform. "Outbreaks of measles, whooping cough, mumps, rubella and diphtheria are reoccurring, costing hundreds of lives and hospitalizing thousands more." "
Mercola is a nut. Yeah, vaccinations have done nothing but hurt people and should be done away with. LOL, please.
does IMCL still ave downside? news breaking
Oooze...sorry you missed TXI...CTSH and STI are my next gappers....I’m getting into one or the other today....or both...
z-stock,
Thks for another picks ;o)
I will look into that.
oozze
i just pick up more JSDA at 24.
This is an averaging up for me.
Been holding JSDA from $12+.
oozze
bought STP too at 35.26 today.
oozze
April 10...
No more energy puts for me..I’m getting killed....will just buy calls...on the dips....
The energy stocks upgraded today...looking for 109 / 110 on IYE ....
zee...
zee did you buy DSX puts?
Alok, what do you have against my poor Princess Diana?
Checkout that crazy DNDN doods... it's almost back to even again!
I fear NYX is sick, fellows. Not as sick as NMX, but ill nonetheless.
Should have known to stay away from anything with "Euro" in the title...
Check out MPEL.
Slowly going up...
This stock will have a huge reporting in the next earning.
VERY nice suggestion, Ooze.
MPEL just busted it's 38.2% fib line (about 17.31) on decent volume.
Let's see what it does from here, but it may be worth a nibble...
JakeGint,
Let's do some more research before making a major decision based on "Outbreaks of measles, whooping cough, mumps, rubella and diphtheria are reoccurring, costing hundreds of lives and hospitalizing thousands more."
Looking at the number comparison, if true, those numbers above are only a PEBBLE IN THE POND compared to 1/130 autistic children (just on autism alone!).
Sanitation, refrigeration and better foods did more to combat those infectious diseases than vaccines have ever done.
Please do more research, 'cause i don't want to put in too much time and slam ya with them. I gotta watch stocks ya know.
Jake i'm sorry but its jst looking weak right now, want to warn you before you commit any additional capital to it. also the mkt looks like it might loose some steam in the second half.
I just went long on DNDN for the 1st time, I made a few bucks shorting it this morning.
I have a tight dollar trailing stop, lets see what happens.
ENER - the next Microsoft - continues to march higher
this DNDN is just amazing. hard to read this stock.
On the health topic - I think franken foods are much worse than people think.
BST in milk. Seeds and traits. Roundup in the grains.
It'll be the agent orange of our day.
Someday MON will be the mother of all short opportunities.
Dsx...put...working...but didn’t get in...dumb.....
zee..
Alternative energy plays like FSLR and SPWR continues to be very impressive!
Alternative energy is the NEXT HUMONGOUS BULL MARKET!!
Believe it!
DNDN's turn around today is amazing
Looking for market (spy)...to back down a little....xle topped for today....coming back down...
Re. DNDN, for those of us who would consider taking a long position, even for a daytrade, please exude extreme caution, as I am seeing more "graveyard doji" candlesticks showing up, on the one, three and 13 minute charts. They might try to run it near day's end, however, it cannot get over the 76.40% Fib, 24.10 pp, retracement fromt this morning's downdraft. - Steven
Boom... I'm on the opposite side of the fence. I've had MON in my long term port since (split adjusted) $14, and I plan to keep it til I'm old and gray.
I've got a friend who works for them, and they are the targets of far left fear mongers. Nothing they are doing is any different than what farmers have been doing (albeit more slowly) for years.
Luddites have always been with us (even before the original "Ludd" spawned the term).
Trust in the power of technology.
In for ENER....
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