A good sign is when a co issues a secondary the stk drops and then works it way back up and past the secondary price-- this indicates a certain amount of secure hands. It was probably a mistake not to jump on PTLO when it sold off on the news I think it went to $18.. we should of gobbled that up like one of their yummy hot dogs. Keep this on your watch list> PTLO Portillo's Inc. $21.34
We are so afraid to reach out to the person we know at CS... Credit Suisse staff deferred bonuses to be suspended as ordered by Swiss Federal council
To try and counter some of this frenetic tech buying I have been using these names> They offer stability with get up and go- Continue to use as base stks for mini portfolios Shhhhhhhhhhhhhhhhh these are the gba screte five -->RH -->FND -->BJ -->DIS -->FWONK
Hey Ted, did you see this post I made pre-market? https://www.elitetrader.com/et/threads/es-journal-2023-2024.371508/page-323#post-5783074 Look at the high on SPY today. Do I get to go to 90-1 for that one? That one should be worth 5 points at least, but I'm humble, I'll just take one. Are we buying puts on RAIN? Someone sure is.
I have to say I'm proud of myself. I ordered a battery for my mazda today without having to actually break down somewhere. I push this crap to the limits and when my garage guy in NYC said this battery needed a jump after two weeks unused alarm bells went off. Hopefully getting a phone call soon.
LAZR has the 200 day, 100 day, and 50 day all converging. $7.87----> GO TIME. Use a $7.39 stop Edit: On a closer look, lets hold off on Go Time and use the halfway point between the 100 and the 50. Call it $7.30 for go time. Don't buy yet. Especially not today.
I think this stock came too far too fast off its lows. A key point to note is the 50 day moving average. We just passed 50 days on the ytd calendar. My chartwork shows it as a short anywhere around $22.40 I don't like the lack of institutional ownership, and the low operating margins for a food operation. EDIT: The S&P is up 3.65% ytd while this one is up 28%+ I would advise the readers to find greener pastures with their money, I doubt it will go above my chart line at $22.50 anytime soon. Not with a forward PE that high (55) and forecast revenue growth at 8%. And I don't think the 8% is pure organic, but don't quote me on that one. You might have just top-ticked it Stoney. $21.28 now. Be careful.