Im still holding (in at 4.22 i believe). I should've sold but I didn't. For now, it has support at the 50 day Ma. It sure is taking a while to finish basing, but then again, thats the problem with highly speculative stocks that are purely news driven.
I have been watching it since the end of March and never pulled the trigger. I started watching it again a few days ago and again, I hesitated. Now the stock has gone up over 100% in the last 2 days. A wasted opportunity. Arrgghh!
I saw it balancing on the 50 day MA but it is on lower volume, giving up the day's highs, and feels like a stop on the way down. I'll make a decision in an hour on that one. I'm in at 5.19 after selling it for a profit a month ago. ...the other positions are doing so well though that I might just be patient with my substitute tobaco company ;)
MELA is up 80% from entry. Delightful pick there compliments of Nick.
Yeah, MELA is a good stock. I initially bought it to early and sold my position for a loss. I then picked it up at 4 a few months ago. So far so good with it. I can see it hitting at least 8.5 in the immediate future.
SPPI is moving quite nicely today as well. Already up 13%
What's your take on STSI? I'm about to dump it for a small loss.
ReplyDelete-Chad.
Im still holding (in at 4.22 i believe). I should've sold but I didn't. For now, it has support at the 50 day Ma. It sure is taking a while to finish basing, but then again, thats the problem with highly speculative stocks that are purely news driven.
ReplyDeleteHere is a stock that got away: CTIC
ReplyDeleteI have been watching it since the end of March and never pulled the trigger. I started watching it again a few days ago and again, I hesitated. Now the stock has gone up over 100% in the last 2 days. A wasted opportunity. Arrgghh!
I saw it balancing on the 50 day MA but it is on lower volume, giving up the day's highs, and feels like a stop on the way down. I'll make a decision in an hour on that one. I'm in at 5.19 after selling it for a profit a month ago. ...the other positions are doing so well though that I might just be patient with my substitute tobaco company ;)
ReplyDeleteMELA is up 80% from entry. Delightful pick there compliments of Nick.
Yeah, MELA is a good stock. I initially bought it to early and sold my position for a loss. I then picked it up at 4 a few months ago. So far so good with it. I can see it hitting at least 8.5 in the immediate future.
ReplyDeleteSPPI is moving quite nicely today as well. Already up 13%
Now OMGI is off to the races...
ReplyDelete