PAL Hammer Time!
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Read More »Past Stocks Articles
Tuesday May 24, 2011
Heading into Tuesday I have 3 open positions and I’m feeling good about these trades right now. GSTP started to show some signs of life today when PERT arrived on the bid representing 208k shares. Hard to say if he really wants that many, can’t trust MM’s but it’s a good sign for now. The bid/ask was $.12 x $.14…
Read More »Midday For May 23, 2011
So far so good in the chat room today. I locked in profit on PVSP early on which proceeded to run and is currently up 68%. PAL dipped early but I held and shares have been climbing nicely as palladium continues to rise, I’ll be hoping for a run tomorrow morning. As you know I have 5k shares at an…
Read More »Monday May 23, 2011
As of right now, U.S. stock futures dropped sharply Monday as sovereign-debt worries sparked heavy selling across Europe, while a strengthening dollar sent oil prices lower. Still have 75k GSTP at an average of $.153, no major updates here right now, just looking for it to start trading now that the ‘E’ is gone. I have 5k PAL at…
Read More »Midday For May 20, 2011
U.S. stocks are falling on concerns about the euro-zone debt crisis and troubling profit reports from a couple of apparel retailers. PAL sold off a bit down about 4% which opened the door to a good buying opportunity in my opinion. As a result I grabbed $2,500 shares at $3.55 and my new average is $3.65. In the short…
Read More »Friday May 20, 2011
As always, thank god it’s Friday! Looking forward to catching up on some much needed sleep tonight. Going into today I am down to two positions, the way I prefer it to be. 50k GSTP at $.165 in my main account, 25k at $.13 in my challenge account. Relatively small positions and I’ll wait this one out until it hopefully starts…
Read More »Midday For May 19, 2011
So far so good today, markets are green as social media stocks like LNKD drive Wall Street. Sold all 30k CLNO early on at $.21 when it didn’t run, no profit from my entry yesterday. Sold 5k LOCM into the predictable squeeze this afternoon at $3.78. Still holding 5k LOCM at $3.39 into tomorrow hoping to see the $4.00 range before…
Read More »Watch List For May 11, 2011
Despite having a full boat (TBBC, LOCM, GSTPE, LSCG and ANIK) I still like to be ready for anything that could make me a quick 10-20% so here they are. PAL has been a previous winner for us and it’s back on my watch after getting smacked down. The palladium miner dramatically slashed its 2011 production forecast to 145-155,000…
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First purchase with your help LEAP in today, 10k @ $4.99, out at $5.90, yes sir !!!! Locked in $10,000 in one sweep, the chart lit up like Christmas !!!!
