Stock Picks

[wallstreet]

Savage..

I am watching IVAN kick it up..and I am watching ATTN try to cover..it is hilarious..they have to chase now and those guys are losing their shirts..

On Orlando..I sure dont like the team..and they beat PHX who is horrible on the road, PHX is a bad team..so it doesnt impress me one bit. PHX has been fading after half time in a ton of games.

Saying that, I got roasted on Washington last night..that team sucks bad too.. I want to stand aside and not partake there.

I bot more HLIT at 6.70.. and NENG is about to stop me out..I havent seen bounce in it all day.

I will go with MMM on her plays..the Dallas over and GS. I have been observing that Denver puts up points and gives up a ton of points.. I might start an OVER vigil on them for a while..

You holding on still with IVAN? Looks like you have 20 cents on the trade..

[wallstreet]

I am adding another stock to my watch list.. a little baby that loves to have great numbers..

OPTC

Keep an eye on it..down today with every other beta stock. This one has been a fav for a few years..but too pricey..still is now, but getting closer.

[savage1]

Wallstreet-I will probably pass on betting on orlando;I have done well going against them-just wanted your take.
Re: Ivan-even though I have only 1000 shares. I may sell at 4:00 if a strong close or perhaps wait and sell first thing in the morning.
On the other hand that is going against my hold strategy which I first said.
I am sure I will do something impulsively one way or the other.
Like a fool I bought some more imnr at 1.60 today and it is tanking some more;the $8-$10 price projection by one of analysts seems pretty far fetched now.

[wallstreet]

Savage,

What every analyst said 8-10 on IMNR is talking about after the reverse split..lol

I dont recall the last time they were that high. It seems that the sellers are punching the small cap/mid cap stocks in the face..and IMNR fits that profile.

I need to have MRVC down to 2.75 or so, other than that most of my stocks are at levels I would buy.

Lets see how IVAN closes..we have 20 min, I want to see a close near the HOD

John gave a play on Washington..I might follow him on the play..

[savage1]

Wallstreet-I know that my 1000 shares of ivan is small relative to things, but how would you play this tomorrow?
I have reconsidered and might try this initially as a trade rather than as a hold.
Put your "wallstreet" savvy to work.
I might be tempted to sell if it goes up another $.10 or so considering I paid $3.37 and that I was actually behind a couple of hundred before it started up again.
Personally I think stock might go up a little tomorrow before profit taking sets in.

[wallstreet]

Savage,

That is usually the trend.. after a nice up day and a nice after hours action (It traded up after hours) usually there will be a pump in the morning, then proft taking..so depending on the mood of the market tomorrow I would take profits if I had them and I might do the same tomorrow morning.

Wish I had the 2.50 order I wanted..lol..I do have 2.90 but after a few doggies I have in the kennel I want a nice return on this one.

I will be here in the AM and tell you what I do or dont do.. It might take a few days but there are some definate bargains out there..some I listed that after the selling slows will be huge hits..

Man I am pissed this evening about some hoops plays..

:angryfire

[savage1]

Thanks Wallstreet. As always your insight is appreciated.
I know feeling of tough losses;hopefully they will even out in next few days.

[wallstreet]

Savage,

Looks like we are getting a pop this morning..keeping my eye out on if I want to exit or not..

Right now I see 3.91 as the offer..

[mary]

here are the top plays today--erts--adbe-mxim-vrts-emc GOOD LUCK

[savage1]

Wallstreet-there is a press release stating this company could generate cash flow of $60 million by 2006.
I am not sure whether this is the old buy on rumor and sell on the news philosophy I should use or hold it for a while(remember I have only 1000 shares).
On the other hand nothing wrong with a quick $500 profit either.
Keep me informed.(I bought at $3.37).

[wallstreet]

Good info..it is still just 7 and change here, I havent even looked at news..lol

Lets see how she opens..I might sell and then pick some up if we get a retrace..

But that is very good news..

mary, those are great stocks..and worthy to put in a very strong portfolio..what savage and I are doing here with IVAN is picking up the dice for a few turns around the table..

[wallstreet]

Savage,

I threw an order out there at 4..

Lets see if she gets there..

[mary]

HOW LONG HAVE YOU BEEN TRADING MR WALLSTREET

[wallstreet]

Man it blew right through 4...

So I am out..will look for re-entry if she dips..has a TON of power..

Very nice trade.

Also taking my losses on NGEN..nothing but down trend..will take that 10% hit and try elswhere..

[wallstreet]

Mary,

I have been trading since college..lol..but professionally I have been trading since the awesome late 90's. Man was that a ride. Watching AMZN go up 30 points in a day and split 2-3 times a year..that was just outstanding.. I doubt we will ever see that mania in our lifetime again..

IVAN is on FIRE...