THREE-DAY-TRADER
10 years ago
SR coming down rapidly yet. I'm considering it for a quick rebound play soon. Been watching since the 1.30's, now crashing toward 1.00.
I think when it bounces, a move back toward 9 day EMA/SMA a reasonable expectation and would be a nice gain from here near 1.00 or lower entry (.80-.90?).
I know it has financial issues, however, BK might be an excessive conclusion to make in short term, and seems to be what is being priced in.
Could be opportunity here for a quick trade if one can catch the 'falling knife'
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=110473783
~ NT ~
11 years ago
I have been trading actively for a while now - I have about 6 month experience in the market - I don't have a 9 to 5 - I have my own business which is contract based - My next project starts in October this year - I may get a little busy then and have less time to trade - I trade for a hobby and right now, I am trying to spend as much time as possible in the market so that I can nail my strategy and get better - Not trying to get rich now by trading.
I don't know much about OME* - Just played the MOMO coz it happened while I was online, lol - I don't think that OME* can be compared to ACA* - They have different share structures and different levels of institutional control - Check out HAL* (same big $$$ that's behind ACA*) - In my opinion, OME* was just a MOMO burst, just like US*, SR, STX*, SPE* and many others.
I keep a stable of stocks (the PPS doesn't matter) - I juice them out completely (day short and swing long) - I do play bigger % setups once in a while, but that's rare - There are some other strategies that I am aware of, however I am yet to back test them, so this is what I do now
I found ACA* a little late too - But if you see the chart - Even after it hit $20 and retraced - There was enough movement for nice swings - Since it is institution controlled, it is quite safe IMO - I don't touch near catalysts.
Yes - NO* had a nice day today - The punters are giving upgrades and selling their shares to retail - I watched the prints - The sell vol was higher than the buy volume although the stock went up - I am yet to watch the options vol though to see where its headed - But technically its gonna reach a boiling point very soon IMO - I am yet to look at it from a fundamental perspective, but from what I know the ticker was in the $3 to $4 range - The MS deal adds about $2 per share - That makes it a $5 to $6 stock - Pushing it so high so fast may lead to a correction very soon IMO.
FU is boiling - Short watch.
This is a specific ticker (SR) board - If you wish, then we can discuss about general tickers on other boards such as http://investorshub.advfn.com/NEWBIES-BOARD-23086/ (or even on Skype, I would prefer that).
Good luck.
~ NT ~
11 years ago
I do play these MOMO explosions once in a while. There are a few every day/week, but I wait for the ones with a lot of $$$$ volume.
I played US*, STX*, SPE*, SR and then OME* yesterday.
SR was awesome. The MOMO burst on Day 1 was unbelievable. I havn't touched it after that.
But that's not my regular stuff - I play normal big board stocks for small targeted % movements - ACA*, TSL*, F*, GRP*, NO*, HIM*, etc are some recent examples.