Alski,
How are you doing. Your Magsinet recommendation has not worked out very well. Have been with them for 1 month plus and plan to cancel them by the end of this cycle. Their problems are:
1. Too many busy signals during evening hours. Got one busy signal with Worldnet in all of 2 months plus.
2. After the initial 5 minutes, web surfing becomes a crawl. There must be a switch to slow me down after the initial 5 minutes. If I monitor the receive/sent bytes info at the right bottom corner, I would notice there can be periods of no receive for 20-30 seconds. Hitting "send" or "refresh" again many times helps a little but that's not the way to surf the web.
3. Early morning access is unually fine. I guess problem #2 is related to the number of call-in at any given time.
4. Any better suggestions? Prodigy advertises for $9.99. Maybe I should give them a try.
CPLY - interesting chart indeed. Pretty convincing that the support is right at $10. The BB channel has narrowed to the extent that something is bound to happen sooner or later. I see a step function type of support for CPLY going forward.
Support at 10,
then at 8,
then at 6.
Resistence is also obvious - a close to above the recent high of 11 3/4 (?) would indicate further strength.
Aware of any pending ANDA approval or other business development in the near future? Volume is too thin for comfort however. I guess a better way to go long on this stock is to sell put, collecting some time premium while it sits around doing nothing.
Another $10 stock that may have hit its recent support and bounced back last Friday is CLST. I missed selling March 12 1/2 put last Friday by 1/16. Tough luck. CLST has more fundies going for it than CLPY IMO.
ALKS - this is getting close to its support. After the slide from above $30, the support is at $21 1/2 - 22. However, if the market rallies next week, ALKS may get a bounce before hitting this support. A turnaround signal I look for is a higher high rather than a daily down surf.
INHL is also a buy at $25. The same people have been trading this stock for years and their trading pattern is pretty obvious. For now, buy around $25, sell around $30 until it breaks above the $25-30 band again. |
