johnpaulca
12,036 posts
msg #91636
- Ignore johnpaulca |
4/25/2010 7:27:43 PM
MHR : the guys who run this company know their stuff, this is a long term hold. I am holding some below $1.
BTW; Moby did you ever buy this stock ???
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Eman93
4,750 posts
msg #91642
- Ignore Eman93 |
4/25/2010 8:38:24 PM
I looked at 3 time frames monthly weekly and daily.. also checked the fundamentals and scored them accordingly
PCBC
MED
TUES
so we are going to buy at the open price tomorrow and manage the trade....... you dont need to sell after 5% or after a week
everyone starts with 15k in the account... OK?
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hmsb4494
81 posts
msg #91652
- Ignore hmsb4494 |
4/26/2010 12:17:38 AM
Kevin,
you said "unless the futures show a big drop"
I have heard that you can get clues to the days trading by watching the after hours futures.
Where do you get this information???
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Eman93
4,750 posts
msg #91657
- Ignore Eman93 |
4/26/2010 5:59:39 AM
It helps if I read the entire post....
OK 10k start for everyone.... just me and Kevin?
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Kevin_in_GA
4,599 posts
msg #91660
- Ignore Kevin_in_GA |
4/26/2010 8:45:14 AM
Kevin,
you said "unless the futures show a big drop"
I have heard that you can get clues to the days trading by watching the after hours futures.
Where do you get this information???
+++++++++++++++
Lots of places - finance.yahoo.com, cnbc.com, finviz.com to name a few.
My comment meant that if it looked like a big gap down for the open on Monday (almost unheard of lately) then I would not buy at the open but rather wait for a bit to see if the price goes lower (thereby increasing my odds).
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Kevin_in_GA
4,599 posts
msg #91663
- Ignore Kevin_in_GA |
4/26/2010 9:11:16 AM
Looking at the bid/ask spreads for my TRADEMonster account, I'll be using limit orders today.
Also in a TC at the open, so I'll most likely take what entry I can get on these.
I hate when the real world intrudes on my virtual trading!!
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Kevin_in_GA
4,599 posts
msg #91664
- Ignore Kevin_in_GA
modified |
4/26/2010 10:12:22 AM
COULD NOT GET IN AT THE OPEN FOR THESE (SHOULD HAVE JUST PUT IN MARKET ORDERS).
DEAR ALREADY HIT IT'S TARGET BY A MILE ....
LIMIT ORDERS IN (IN CASE THE MARKET CORRCTS):
MBI - LIMIT ORDER FOR 240 SHARES AT 10.40
MHR - LIMIT ORDER FOR 532 SHARES AT 4.70
MED - LIMIT ORDER FOR 75 SHARES AT 31.75
PASSED ON DEAR - WILL SIT $2500 IN CASH FOR THE WEEK.
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Kevin_in_GA
4,599 posts
msg #91667
- Ignore Kevin_in_GA |
4/26/2010 10:33:42 AM
In on MHR at 4.70 and MED at 31.75. May not get my MBI filled at 10.40 today ...
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Eman93
4,750 posts
msg #91676
- Ignore Eman93 |
4/26/2010 5:38:00 PM
Its gonna be hard for me to post live trades I will try
I set up market buys at the open for all 3 with no stops down about 15%
MED 100 $31.97 $31.58 0.64 $3,158.00 -39.00 Trade | Chain
PCBC 587 $4.70 $3.47 -1.64 $2,036.89 -722.01 Trade | Chain
TUES 349 $8.18 $7.48 -1.11 $2,610.52 -244.30 Trade | Chain
Total: $7,805.41 -1,005.31
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Kevin_in_GA
4,599 posts
msg #91728
- Ignore Kevin_in_GA |
4/27/2010 8:27:04 PM
In on MHR at 4.70 and MED at 31.75. May not get my MBI filled at 10.40 today ...
++++++++++++
Luckily that limit order expired at the end of the day yesterday ...
Current positions:
MHR - in at $4.70, currently at $4.49 (down 4.5%)
MED - in at $31.75, currently at $30.39 (down 4.3%)
still have $5,000 of my $10,000 trading account for the week sitting in cash. Overall account balance is only down 2.12%, including commissions.
Wish I had bought PCBC at the close yesterday (up 18+% today)!!
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