Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : TATRADER GIZZARD STUDY--Stocks 12.00 or Less..... -- Ignore unavailable to you. Want to Upgrade?

To: paret who wrote (52415)	12/23/2005 5:54:39 AM
From: Eagle	Read Replies (1) \| Respond to of 59879

Yes CTHR looks very interesting today It forecasts to be "slightly below" analysts estimates and that cost it about 1/3 of its price yesterday Quite often one will see a further dramatic erosion today, apparently investors panic-selling, dumping it at any price, at the open, then a rebound today or Tuesday or Wednesday--recently CTML lost big one day and continued slide for days so guessing the bottom was very risky-- As for what to look for--Several months ago I was watching most down list and QSII lost $10--went from 60 to 50 and was a great stock,it was #2 on IBD 100 list--could find no negative news at all-- so next day I watched it every minute--panic selling hit--my recollection is it dropped another 1.76--then rise started--after it bounced about 55 cents I bought all I could --sold half at $2 gain, rest at a $5 gain--all the very next day-and when you find one of those you must be careful of euphoria, that you do not get swept into buying others carelessly -- Another recent beauty was CMED --took a whopping one day, 22 Nov I think--great Chinese stock--doubled since August as I recall--no negative news-just got a little ahead of itself--watched it next day --started rise, bought at 30.44 put in sell order at 32.44, went to dinner ( was overseas, Yugoslavia,6 hour time difference) came back and found inevitable rebound had occurred, sold at 32.44 , finished that evening on sidelines with big pile of profit--the rather clear rebounders, the QSII's and CMED's come along at least once a week-- I stay away from earnings surprises--I always look to buy after earnings not before and I hate to hold overnight--in both instances I have found your chances of losing are as great as winning--do not like those odds--that is like gambling-- BUT I did get stuck recently holding SMTS like 3 days, from 28 Nov to 1 Dec--just stubborn, wanted more than a buck profit--and it had gained $2 by the 3rd day but I failed to pull the trigger --sold for profit of 1.76 on 3rd day--would be silly to complain-- I like watching that day after disaster drop and then steady rise, buy and sell all in the same day --gives me a new comfort level using margin to be squared away at the end of the day-- Maybe the part I love the most is that I decide--no input from anyone else--there are some great posters on SI and I mean them no disrespect, but I like having all of the deciding in my hands and I suspect you know what I mean--