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.
Gold/Mining/Energy : Daytrading Canadian stocks in Realtime -- Ignore unavailable to you. Want to Upgrade?


To: New Economy who wrote (15327)6/1/1999 11:15:00 AM
From: Cameron  Respond to of 62348
 
MCF - heads up - significant increase in volume in past 30 minutes. To 10:30 volume tracking very close to yesterday (352k vs 321k). Now up 30% (as of 11:10am 445k vs. 332k).



To: New Economy who wrote (15327)6/1/1999 11:18:00 AM
From: CharlieChina  Respond to of 62348
 
Cash is running for safe havens right now...whatching your NNC trade with interest...



To: New Economy who wrote (15327)6/1/1999 11:32:00 AM
From: keith massey  Read Replies (3) | Respond to of 62348
 
NNC

I am fairly sure that NNC is releasing their really numbers today. The earnings warning that killed this stock last month gave an estimate of .12-.14 U.S.

An island formed yesterday (gap up - gap down). Based on the 10 day chart I am going to say that stops are placed around $40 (double bottom). If they come in on the low side of their estimate or release further bad shipping news in the report the stock could get hit.

This could also be a triple bottom at $40.15 and as long as you have a really tight stop you are in the safe zone. However that island is not a good sign in my mind.

Edit: 5 minutes after I wrote this NNC broke $40.20 and the stops got hit. Drove it down to $39.75 in 3 minutes on a big volume spike. For people learning about stops just bring up the 4 day 5 minute chart and you will see why it crashed through this area.

Best Regards
KEITH