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

To: Findit who wrote (55824)	7/11/2006 6:50:31 AM
From: lexi2004	Respond to of 59879

Jim, Thanks so much for posting regarding PAPO. I have it and wasn't even following it for I have been absorbed in my AKAM and CTSH shorts which FINALLY did right by me. :) Got in too early on both of those but held and averaged in and finally it paid off. I went short CAL with shares and puts on Friday and it moved against me. Thinking I didn't want to hold it while it really went against me even though I felt it was ripe for a correction, I covered/sold at 31.19 or so and it continued to go up to 32ish. This morning there is news out that Merrill Lynch cuts airlines so think I'm going back into that one. My bias is still on the short side, but selectively so for there are many things oversold that could rally. With earnings season I'm expecting wild swings of up/down days. My WEGI and NLST have been holding strong. It's like they're waiting for a big hurricane to brew so they can rip. LOLLLLL Lexi

To: Findit who wrote (55824)	7/11/2006 7:04:27 AM
From: lexi2004	Read Replies (1) \| Respond to of 59879

PAPO...was just looking at a 5 year weekly chart... The stock has surprised me more than once the way it can run. Don't know that this time will be a big spike for haven't really been following it. Having said that. If you connect the three highs on the chart 3/14/05, 10/3/05, 2/13/06 you come up with a target of approximately .094. IMHO we don't have enough volume for that kind of move at this time; however, volume could come in. So it's worth watching. If it doesn't move to that area this time, that would definitely be a target area IMHO in the future. Lexi

To: Findit who wrote (55824)	7/11/2006 7:59:46 AM
From: George Burdell	Read Replies (1) \| Respond to of 59879

Had a small partial sell (35000) in at .039 on PAPO which hadn't hit @ 4PM yesterday. Got a trade confirmation today saying it hit at 4:05.