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To: ACAN who wrote (169362)12/19/2007 10:31:03 AM
From: hotlinktuna  Read Replies (1) | Respond to of 208838
 
Allan, check ACAH .86 +.55 on this news: Marketwatch - December 19, 2007 6:11 AM ET

LONDON (MarketWatch) -- Banks including Merrill Lynch and Bear Stearns are in talks to bail out over-the-counter-listed bond insurer ACA Capital , The New York Times reported, citing two people familiar with the matter. ACA has guaranteed $26 billion in mortgage securities, and the insurer's woes could force the banks to take on billions in losses they had insured against, the report said. Standard & Poor's has warned ACA that it may lose its A rating. It is unclear how much capital it would take to shore up ACA, the report added, and another solution the banks are discussing would relieve ACA of having to post collateral against its insurance contracts if the company is downgraded.

I actually traded this in the 20's a couple of years back or so then as ACA....LOL!!! tuna



To: ACAN who wrote (169362)12/19/2007 10:52:33 AM
From: lexi2004  Respond to of 208838
 
STIY....Just looked quickly at it for I'm really busy with some of my plays right now. Looks to me like the 1.25 area? Is that what you're thinking? Just looked at your chart but will look at mine later.

BTW...I went long Morgan Stanley (MS) @ 49.83. Looks like people took news today as favorable. Max pain for options is $55. So far my shares looking good. Doing this for just a daytrade.

RIGL...glad I covered my shares. Still holding puts and will add. Would love to see this go up to 25 or so.

DPDW looking much better today.

Lexi



To: ACAN who wrote (169362)12/20/2007 6:32:32 AM
From: lexi2004  Read Replies (2) | Respond to of 208838
 
STIY...Okay, had more time to look at chart. First of all, it makes me think of CLWT which is a stock some of us on this BB played. It was the kind of stock you could buy on a retrace and with patience make a very nice profit for it was a spiker chart - meaning every so often you would have the big move up and like STIY, the move didn't stay up. I did a TL that looked like 1.19 or so, but I doubt it'll go there. Now please realize this is just from chart study and not knowing anything about the company or FA. What I did was this:

I looked at previous moves up for that often gives us the key to what's going to happen and I checked the low to the high of these runs. I got this:

.57 to 3.20 which was around a 5-bagger

.75 to 3.25 which was around a 4 - bagger

.14 to .95 was this last one and it was almost a 7 - bagger; hence, I would think it's going to retrace for that was one considerable move and in comparison to the others significantly greater. If it does go further, I do think that TL of 1.19 will be it.

Now don't know if you used quite this reasoning for direction/target, but that's the way I do it. Volume and trading was so light in many areas. If you look at historical prices some days there was no volume and other days 100 shares traded or so. This would be a stock that if something went bad it might be very hard to get out if you had a lot of shares.

finance.yahoo.com

1.72 is the 50% retrace of the latest big move down, so that would be a future target area I'd think; however, for now it looks to me like it's coming down for if you study past moves up - they go up and then after the big move come right back down. I don't see any stair step kinds of pattern on the two-year chart, which is what you'd want to see if a stock was moving up and gaining in strength.

Hope that helped.

Lexi