Bernard
I just finished reading thru about 150 posts since I've been away from the market for a couple three days. Ray is as prolific as ever.....<GGGGGGGGGG>
ALAN: stockcharts.com[m,a]daclyyay[pb50!b200][vc60][iUb14!Lp14,3,3]&pref=G
Looks to be setting up for one of my favorite kind of trading plays, trapped between a rising 50dMA with a steady 200dMA above. Several things are on tap for this company over the next 90 days, the best of which may be an announcement on the LA county jail Phase I install.
DOC:http://stockcharts.com/def/servlet/SC.web?c=doc,uu[m,a]daclyyay[pb50!b200][vc60][iUb14!Lp14,3,3]&pref=G
Is definatly one of those trap plays..Look for a retest of 3.00 to 3.08, then oversold enough for a bounce back to the 200dMA.
For RAY KLIC: Exceeded my expectations for sure. I sold at 10, however, and I know you are going to howl at this..THE GAP!!!
stockcharts.com[m,a]daclyyay[pb50!b200][vc60][iUb14!Lp14,3,3]&pref=G
Again for RAY: PEIX
stockcharts.com[m,a]daclyyay[pb50!b200][vc60][iUb14!Lp14,3,3]&pref=G
The shorts should be all over this one as there is nothing to sustain the price except hype. They have no product and will not be able to produce any product for some time. Want to bet that the corn farmers are a bit upset by the futures offset that PEIX is demanding when they do start to buy corn...why the &*(% would a farmer sell to them at a price less than what they can get the 90 day future price guarantee?? I also noticed they filed another 424b with the SEC.
For Sergio. ESLR:
Thanks for taking the profit in the folio.
stockcharts.com[m,a]daclyyay[pb50!b200][vc60][iUb14!Lp14,3,3]&pref=G
I'd like to see a base formed here at 15ish to set up for the 21 target..downside risk is 12.50ish. I'm still holding, but will have to re-evaluate if things get nasty at 14 (should be a new support if 15 can't hold.
Back to the trenches for me gang. Just though I'd touch base. Sorry if I did not address all of the posts either directly or in directly. These are just the main ones that stuck in my mind. (which I seem to be losing more of every day)
Ken |