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Strategies & Market Trends : Lizard King's Trading Swamp -- Ignore unavailable to you. Want to Upgrade?


To: LzzrdKing who wrote (4725)2/26/1998 12:21:00 PM
From: TATRADER  Respond to of 7396
 
Lizard, can you take a look at CPRD...There seem to be some 50,000 share++ orders going on...Don't have fancy system but would like to know if we have accumulation, preparing for break over 25.00....
Mark



To: LzzrdKing who wrote (4725)2/26/1998 2:55:00 PM
From: TATRADER  Read Replies (3) | Respond to of 7396
 
Bought into SBAS at 2 15/16.....Breakout...Mark

P.S. May re-enter MECN...Looks nice at 8 1/2...
P.S.S. My SIGA looks like it wants to break 10.00....Still need a lot more volume...



To: LzzrdKing who wrote (4725)2/26/1998 7:41:00 PM
From: LzzrdKing  Respond to of 7396
 
Another whopper day, this has to stop soon but going to milk it for all its worth till then.

SIGA is very interesting. Stock closed 9 15/16 x 10 1/16 yet market makers painted tape as closing trade 9 7/8, to make it appear that it closed weak. That is hysterical. Huge volume for this stock, and as we know vol proceeds price, this one looked ready to launch. Looks like Cruttendun controls this stock.

BVSN looks like bottoming action, this is a strong stock that was extended and needed some profit taking. Needs to base.

NRVH, what a day. Hope someone read my post on it last night.
Bot a thin one ROSI near close.
ESPRY is simply defying gravity. In at 12 1/8. Have over 5 in a few wks.
DMMC is on the verge of exploding. I am glad since I told someone on the board not to sell in the face of weakness. Now the issue is when to sell. I am going to watch this one carefully. I have a nice chunk.
Big block action late in the day.
Sold BARR for 5/8.
GMSTF closed strong, now that all weak hands are out, it can breakout soon...
AMES closed over resistance of 16, in the face of shorts trying to hold it down all day. This has to be the best valuation of any retailer out there, and when it gets momentum, it flys. A classic bull/bear battle.
KELL is going to break out in my opinion, just a matter of time, nice base building period for this 99 EPS stock. It needed a rest after a huge 1997, and got it.
PESC nice day also.
ORBKF weakened in the afternoon. I didn't sell it, though I should have, kind of want to hold on, since it's in my IRA. I think it has plenty of room to go, since they have intimated that SEA is not a problem.