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


To: nolimitz who wrote (57041)12/21/2006 4:02:28 PM
From: hotlinktuna  Read Replies (2) | Respond to of 59879
 
Thanks pete!! XNN 2.67 and CPHI 2.02 worth 3 cheers! Hurray, hurray, hurray!!! LOL! tuna



To: nolimitz who wrote (57041)12/21/2006 4:36:06 PM
From: MJ  Respond to of 59879
 
Merry Christmas from mj.

Have learned so much from everyone on the board----thanks.

I truly am a good stockpicker(with the exception of Silicon Graphics--former SGI)------its all in the execution that gets me.

e.g. your MAMA just put on her Red Hat--------

Got out of MAMA too early before it went to $8.---that's okay--over a 100% considering bought in 2's.

Last week bought several 100 Red Hat rht----mentioned Red Hat to Tuna the other day-------yep I bought in the low 17's----stock moves to 19 high yesterday, did not sell wrote January 20's call options. This a.m. back down to 18-----seems good so far.

Conference call after hours today----stock went under $18. at end of day------figured bad news on conf. call.

NOW after hours Red Hat has exploded and beyond my January 20 dollar call price. So I keep the call money and get out at $20.00 in January. Whereas I could be getting out at $20.00 today after the conference call. Stock seems to be on a roll just like MAMA.

Because of the Call Options I locked myself in-----yes I can buy back the options-----that brings in another consideration or two. Think the principle here is the kiss principle, "keep it simple stupid".

Reminds me of the fisherman talking about the big fish that got away.

mj