SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Timing the Trade the Wyckoff Way
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: hankinvestor5/4/2015 10:43:57 AM
  Read Replies (1) of 14340
 
The biotech stock that was mentioned in last nights report has a huge portion of its float. With the recent news this one could have a huge upside. Amount of short isn't reason to buy a company, but it can add to the upside if price appreciates quickly. It is a piece of evidence not a ruling reason.

With that said, remember what the report said last night. "....let's see how things play out this week".

For me, I really like the story of this one. It will be a money maker, but the big question is when. I took a half position in this one during a recent bounce off a low on a bullish bar. It was a speculative move, but like I said I believe in this story.

In the past I have tried to eluded to the fact that BTT is about timing the purchase of potential 100% plus movers. Some will call it momentum trading. Coffer would remind us that look at the evidence for the nubmer of stocks that appreciate 100% or more compared to those that hit a 10% lost. If the timing isn't right, the best story can stay in a range for months or years, tying up funds. So, don't buy this company today based on what I say.

I continue to make some poor choices but over the last two years that number of good choices are increasing. I look at evidence to support my rules.

Just some of my thoughts for what they are worth.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News