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Strategies & Market Trends : Strictly Buy and Sell Set Ups -- Ignore unavailable to you. Want to Upgrade?

To: - with a K who wrote (2740)	3/15/2005 11:50:46 AM
From: - with a K	Respond to of 13449

ALTI continues to move nicely, even though it feels like juggling knifes. Up in premarket after strong day yesterday. Since I'm playing this short term, I'll follow Dabum's advice and look at a ST chart. Looks to me like it is setting higher highs, higher lows, and higher closes as it bounced up from the 21ema. A few days ago stochastics crossed over the %K and %D lines, a buy signal if I read my Dabum notes correctly. MACD fuel cells have yet to turn positive but they are moving in the right direction. stockcharts.com[h,a]dahlyiay[db][pc21!d10,1!f][vc60][iut!Lp14,3,3!Lah12,26,9]&pref=G Another TA poster on SI has spotted it: To: gulleyjimson who wrote (49974) 3/15/2005 9:12:07 AM From: TATRADER Read Replies (1) of 49982 I got 1000 ALTI at 4.56 premarket....Am going to wait and see how it does on the open and if the gap holds....Looks to me like our next target area is 6.00 on ALTI....We have a nice breakout from a pennant, or a pole with a ledge...The ledge is 4 by 5 projecting a 1 point move if 5.00 is taken out today... As I have said before on this thread, I like this stock..... ALTIN mentioned this morning, along with ENZN, in a CBSMW TA column: Enzon Pharmaceuticals (ENZN) is a biotech name positioned to rise. Monday, it rallied on increased volume, closing above its 20-day moving average for the first time since December. The move challenges a well-defined four-month downtrend, and its near-term outlook would further improve on a close above that level. Altair Nanotechnologies (ALTI) is a small-cap nanotech name with increasing visibility. Finally, lots of hype on the Yahoo board, which always makes me nervous. Two new patents were issued to this company as a result of a National Science Foundation grant, which was successfully completed in January 2005. According to Reuters, the company is experiencing exceptional growth. Nine-month revenues from September 2004 showed a whopping 1,400% increase from the previous year! The battery community is already buzzing about this remarkable innovation – and two eminent experts in battery technology – Dr. K. M. Abraham and Dr. Vassilis G. Keramidas – have expressed strong support for this company's work. The battery market has grown in recent years to over $50 billion! With a tiny market cap of only $200 million, this company could hit $40 per share and still be undervalued! Because this tiny company has a small market cap of only $200 million, the stock is already starting to move. It climbed from $3.50 to about $4 in the last couple of weeks. This upward climb tells me one thing: Industry insiders know something is going on! In fact, the CEO, CFO, and Executive VP are all piling into the stock! Each one has purchased thousands of shares in the last few months – and insiders now hold a staggering 9.96 million shares! Do not wait to buy this stock! Blogs are already starting to run with this story. It's only a matter of time before Wall Street and the mainstream media drive the price into orbit. Look: This tiny $4 stock has a market cap of only $200 million. There simply aren't that many shares available. When news hits the mainstream, and institutional buyers rush to grab shares...the stock is going to take off. I believe this $4 stock will triple by April 29, 2005... Dug a little deeper........ by: jdb_rainman Long-Term Sentiment: Strong Buy 03/15/05 08:49 am Msg: 52699 of 52763 News is even better than I first wrote. Think we are set up for a bigger sqeeze. Here's why. ALTI has been on REG SHO threshold list since February 23rd - a total of 15 consecutive 'settlement' days. REG SHO says after the 13th 'settlement' day broker dealers/market makers must 'locate' borrowed stock or purchase the stock by the morning of the 14th settlement day until it is no longer a threshold security defined in the SEC regulation. Please note difference between trading and settlement days of 3 days. This is meant to level the playing field between shorts and longs and discourage naked shorting. I believe there may be a huge imbalance and a big short naked position out there. Here's why. It takes 5 'fail to deliver' settlement days before a stock makes the threshold list. That means the 'trade' date when naked shorting occured was Feb 11 when shorts took ALTI from $6.50 down to $4.10 and the stock traded over 101 million shares or 3 times the float. REG SHO puts tremendous pressure on shorts to cover as long as it remains on the Threshold list. It takes 5 consecutive days with NO fail to deliver to clear the list. Longs please recommend this post and/or recopy to spread the message so this gets plenty of coverage. Shorts are very nervous and all over this board. Rainman