Hey Mike - I really do appreciate your technical analysis and opinion and I do believe you are being forthright in offering your thoughts, not pumping or bashing. Serious question - Do the 35K shares traded AH (H 8.63 L 8.20 Last 8.35) have any effect on your chart patterns, or do AH and PM trades not matter?
But Uranus is in conjunction with Mercury ! ( Please note that every minute of chart reading on September 10, 2001 was a complete waste of time... )
Thats a good question in which I do not have an answer. Most technical charts do not account for afterhours trading. They also do not account for "tape painting" or last minute surges due to daytraders short covering, etc. How this will effect the stock in the long run I do not truly know.
I'm trying to get some may 7.5 puts for .10. You never know with this stock - it can swing $2 either way after earnings. I need to hedge my gains.
This is HUGE news for BRLC, more than doubling US manufacturing capacity. That plus recent financing = Best Buy is next? EDN, May 8; Emily Chuang, DIGITIMES [Tuesday 8 May 2007] Solar Link Technologies, a wholly-owned subsidiary of Pou Chen, will begin operation its second LCD TV line in the US in June, according to today's Chinese-language Economic Daily News (EDN), citing executives at Kolin as saying. With the new line coming on board, the annual capacity at Solar Link will reach 400,000- 500,000 units, up from 200,000 before, the paper noted. Taiwan-based Pou Chen Group and Kolin, along with US-based Syntax-Brillian are partners for an existing LCD TV plant in the US and the facility is used to support Olevia-brand TVs, said the paper.
One thing that I love about this stock is its intra-day charts. The charts patterns make for a great intra-day stock, and the range is nice and high as well.
Ive always wondered what you see in BRLC. Let me guess, its a single digit stock and the analysts have these price targets that are nearly double its current price. While you guys focus on BRLC, there are lots of other stocks out there. You guys need to shake your dependence on these single digit stocks. Let me give you a few examples. ICE- From 100 at the start of the year to a high of 160 at one point. That is like a 10 dollar stock going to 16 dollars. VLO- From 45 to 73 currently. That is like a 4.5 dollar stock going to 7.3. Many many others, too many to list. I have had my greatest losses with single digit stocks while my greatest gains have come from stocks trading over 20 bucks. Now if a stock like VLO has a bad earnings report, then it will get cut down 5-10 dollars at the most. Where as if BRLC gets a bad earnings report, it may get cut in half. The simple question comes down to this...if this were really a 16 dollar stock, then why has it been sold off since the start of the year. Do these hedge funds and institutions know less then you do? Shake your dependence on the single digits. Only a select few of them will be lotto tickets in the end.
I get more and more calls from companies wanting to fight naked shorting. The shorts reported could be just a thumbnail of what's in the system. And I don't think you can count the company out of doing something proactive. A good one to at least monitor.
16:03 BRLC Syntax-Brillian announces plans to offer $150 mln and certain of its stockholders plan to offer approx $22 mln common stock (8.41 -0.18) This is VERY illadvised. It is exactly what the shorts want. Amaranth was pinched for creating this situation artificially. Too Bad.