SI
SI
discoversearch

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 : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Madharry who wrote (41033)1/21/2011 1:38:30 PM
From: E_K_S  Read Replies (1) | Respond to of 78627
 
Hi Madharry -

I am usually not a trader but looking at the way several of these E&P stocks move (irrelevant of fundamentals & intrinsic value), I am tempted to trade these for swing trades.

For example, GMXR got in my buy range yesterday (anything below $5.00/share and a screaming load up the truck below $4.50/share). I was waiting for one more rough down day but it popped up over 9% today on over twice the daily volume.

I did get some SSN which moved up over 12% from my buy point yesterday. Others on my but list include: LEI below $2.00/share, MHR below $7.00/share (or the NGAS arbitrage .0846 MHR for 1 NGAS buy on any price below $0.56/share), MPET below $2.00/share, GST below $4.00/share and RAME at the current price and more below $1.50/share.
finance.yahoo.com

Are you trading any of these?

EKS

FWIW- Added 50% to my RAME position today. This is the only one on my list selling below it's 200 day MA.