hey spyder, would you mind explaining why you are planning to concentrate on those stocks? some i can see the reason, but why asca and some of the other ones?
Anyone following GIGM closely? I know it is in the universe, what I mean is, does anyone on here follow it a little more attentively then others in the universe? If so, any comments on the remarkable earnings yesterday and the stock tanking? The plunge is pretty dramatic on the 1 hour chart. I don't see how anyone could have anticipated it. I believe that type of activity is par for the course with GIGM. It may have made for a very nice sell into earnings and a buy in the 14 and change area.
Hey everyone as I said before I am just paper trading however I am trying to follow the system as best as possible. On paper I purchased GROW at 21.68 and I held overnight because of FRV was surpassed. This morning it ran to 22.75 and then closed lower at 22.32. Based off my trailing stop of 5% my order was set for 21.76 just one cent off. Is anyone else still in GROW? Have there been any additional rules about selling half or two thirds of your position for instance during periods of increased volitility such as 9:30-9:45 the day after FRV is hit or anything else like that?
Hey JAC... They guided lower sequentially. if i can help it; i stay away from earnings days. while hindsight is 20/20 macd diverging and volume trend decreasing while price was hitting LTL could have should have...but i've seen it go the other way as well like in AAPL where it recently broke new highs with no news...so...
I still got GROW; continue to hold it as i'm still in the black; need to see break of $23.02 for me to continue to hold. As Spydie says...your mileage may vary. Regards
Spyder, CMED, FACE, and ZZ. Was wondering how these stocks made it into your hotlist. I figured out how you found the others but these I have no clue. Thanks, - Monkman
I cull the Entire Stock Market using the criteria described in this post. I then look for possible FTT's which would form a Point One. The results of that search created the above list. - Spydertrader
I am still profitably in GROW, but more than likely will look for an exit. GROW can make big intraday swings as I have seen in the past. I am extra attentive to GROW ; )
You can use the DB I posted here to quickly cull the entire market. I use QCharts, so that's what it is tailored to work with. However, as long as you get the data in the proper format, you can use any data source. -Au