Kevin_in_GA
4,599 posts
msg #79865
- Ignore Kevin_in_GA |
9/22/2009 7:49:47 PM
Lebowski:
Good thoughts - I'm in on this one tomorrow anyway, as that is what the system requires. I just like to do whatever DD I can prior to pulling the trigger.
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stratiG
147 posts
msg #79866
- Ignore stratiG |
9/22/2009 7:58:12 PM
Kevin,
I was just going over your trades on the first page
LINC - in at $2.74 on 8/26 (currently +12.56%)
MANT - in at $2.74 on 8/26 (currently -5.06%)
MANT closed at 48.42 today. I think you made a typo.
EBIX might be coming your way it hit the 16, 2 screen today.
stratig
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Kevin_in_GA
4,599 posts
msg #79867
- Ignore Kevin_in_GA
modified |
9/22/2009 8:14:41 PM
Two typos actually ... I'll fix them now. Thanks for the catch!
EDIT: Fixed. Thanks. I was in on MANT at 51.00, and LINC at 19.90 (both on 9/16/09).
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gabestogie
79 posts
msg #79870
- Ignore gabestogie
modified |
9/22/2009 9:34:40 PM
Kevin:
I'm sure you checked on this also. Looks to me that there has been nothing but insider sellling going back last 6 months sold 10% of what they held they held 6.9 million as of Aug 28 and sold 837,456. Institutions also sold in the last quarter 18.7% of what they held or 3,480,000 shrs. I think something is going on here and it will soon be out for all to read. The system did work accordingly, which is great, however there will be times when something other then the normal pullback within the BB's will cause a stock to fall.
With all that insider selling and now these puts coming to surface I'd feel better waiting for some news of some sort.
Trade safe,
Gabe
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Kevin_in_GA
4,599 posts
msg #79893
- Ignore Kevin_in_GA
modified |
9/23/2009 8:31:18 AM
I put in a market order for BJRI at the open (will be in meetings most of the day). Trading at 15.58 AH, but I would guess it might open a little lower.
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Kevin_in_GA
4,599 posts
msg #79901
- Ignore Kevin_in_GA |
9/23/2009 10:20:42 AM
ESLR hit the 20% profit stop - out at 2.08 (20.23%)
Bought BJRI at the open for 15.59
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gabestogie
79 posts
msg #79902
- Ignore gabestogie |
9/23/2009 10:28:01 AM
Kevin:
ESLR---That's great, congrats.
Bought-- STEC @31.63
BJRI @15.49
Gabe
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Kevin_in_GA
4,599 posts
msg #79903
- Ignore Kevin_in_GA
modified |
9/23/2009 10:30:55 AM
I had a limit order in place at 15.50 for BJRI, but thought that it might not get filled, so I changed it to a market order instead. Could have saved 0.09 on the entry.
Truth is, I may need to buy at the close instead of at the open of the next day - here is another example of why. It closed yesterday at 15.37.
EDIT - I revise my opinion on this to say "look for a confirmation before buying in as this market is beginning to disintegrate." Obviously this is being written after the market hosed us today.
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Kevin_in_GA
4,599 posts
msg #79939
- Ignore Kevin_in_GA |
9/23/2009 7:14:03 PM
ICON and CRGN are giving BUY signals this afternoon.
CRGN is about to merge with Celldex (CLDX), and the terms are such that, depending on the Celldex price at the close on 9/30, CRGN may be the majority owner (the deal is that CRGN will merge with CLDX for $94.5 M, getting that value of CLDX stock in return. So if CLDX drops lower, CRGN gets more shares and will have majority ownership).
Not sure why CRGN dropped today, no clear news.
ICON had good news today, but dropped anyway.
I am going to wait for a confirming signal on both of these (close tomorrow higher than close today) using this filter for now:
Good hunting!
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BarTune1
441 posts
msg #79944
- Ignore BarTune1 |
9/23/2009 8:50:30 PM
Hey Kevin,
I used your (9,2) Bollinger Band strategy on the VIX today ..... it was sitting at the lower band on the close yesterday .... so i thought i would wait till the Fed news was out and, if the market popped, I would aggresively short.
I was actually quite short beforehand with other stocks, but added several positions around 2:35 - 2:45 PM including the SDS.
So I go for coffee, work a little on a file, and check my screen at 3:50 PM - Bingo, I am up around 12K and several of the positions crossed the 5 DMA, my normal exit. So I am out.
Thanks for that advice earlier.
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