The Ambitious Trader: Stocks, Trading, Investing..My Ambitions as a Trader and Investor

This is a one way ticket that takes you on a wonderful journey into the vast world that is the stock market through my eyes, my point of view.

Tuesday, November 01, 2005

SLXA is on FIRE!!!!!!!!!

If you took a look back at my first posts, remember what I said about SLXA! I told you this stock is hot and that it was only a matter of time before it started moving! Now look at SLXA approaching $8.00! Its almost a double from where I recommended it! My broker friend admits he was wrong about SLXA, lol! The thing is how come I saw a postive chart and he saw a negative looking chart. We both are not too sure, but its all good. Hey listen guys, the best way to buy SLXA is a little at a time. This is because SLXA has been practically up everyday and can come down. Maybe it wont. Buy a few shares at a time and take advantage of dips. This stock is going to $20.

1 Comments:

At 1:30 AM , Blogger Nick M. said...

hey wassup Dave!

Thanks for the props, but I feel like it was a no brainer with the chart. Lol thank god he's not MY broker, just a friend of mine (but he needs to work on spotting bullish trends, lol)!
BioTech and especially Avian Flu plays are red hot now! I didn't get to hear Bush's speech today, but I believe its positive from the bullish movments in the bird flu plays! Whats your take on his speech Dave? From what I heard, these run-ups in the flu stocks could be just the begining. Do you believe its going to be a longer running trend or just a fad? I definatly like NVAX the best, with QDEL and BCRX coming in tie for second place. Speaking of TIES, have you seen Titanium Metals (TIE) lately?! This stock is a monster! I noticed the insider buys, but I have been slow in freeing up enough funds to be able to purchase even 100 shares of TIE (which just gets more expensive everyday!). Of course I will keep an eye on NVAX as always! If you are playing it, make sure you take profits out here or there. The stock will always end up retracing after a nice run up! So sell at the peaks and just buy a couple hundred more shares when it dips to the low 3's to low 4 range.
I agree, retail is coming back will continue its bullish X-mas run! Some favs are GES, AEOS, and a few others ( I gotta take a look and see, lol). Also your right, SFP is coming back! The stock has some support at the 2 level and has bounced up. It may hit $3 as early as before Thanksgiving!
Yeah, I've been hearing things about the parrots! it sucks! I haven't picked one up yet...but I'm still looking. I am trying to get one from a breeder instead of the pet store. I believe that the ones owned by breeders are cleaner and probably flu-free since they aren't constantly stuffed in cages with different birds that may be carriers of the flu. Thats just my opinion of course, but its all good! Anyways, I am almost done with finals! Can't wait to get back into the game!
By the way, I've been eyeing RMTI and LPSN! Both have hot charts!

 

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