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**MemphisMafia** · 01-13-2004, 01:50 PM

Thanks :

Big guy !

G.L.

***MMM***

:cool: :cool: :cool:

**S49erman** · 01-13-2004, 01:57 PM

wall street

please let me know of any pennies that you are interested in.

**soupman** · 01-13-2004, 02:01 PM

SIRI

good potential

**wallstreet** · 01-13-2004, 02:34 PM

49er guy, I will for sure. In the list I gave are a few cheapies that arent PK stocks, I try to stick hard to listed stocks (NASD, NYSE and maybe OTCBB), I just dont see the value in playing pinkies. I have a few I watch but I gotta keep myself from that area of the market..way too speculative.

soupman, do you know the market cap on SIRI?

XMSR market cap= 4.03 B
SIRI market cap= 3.17 B

Subscriber difference is almost 10 to 1

Check this link out: http://finance.yahoo.com/q/ks?s=XMSR

Then enter in SIRI

With XMSR they have 149M shares outstanding, 68% institutional holding percentage, 67M revenues or .67 per share, 456M in cash, book value at 4.36 per share

With SIRI they have 998 M shares outstanding, 37% institutional holding percentage, 8 M in revenues or .015 per share, 479M cash, book value of 1.23.

If you like SIRI based on the sector, please go with XMSR for obvious reasons- revenues, less shares outstanding, higher inst holding etc.. if you like SIRI for a mere trade, then you MUST think they have better prospects than XMSR going forward because if you dont then you have a high percentage chance of it being a losing trade. SIRI is leaveraged to its gills and could easily go under..burning cash very very quick with little leverage. They cant float any more shares, and they have floated many convert issues too..

Just be careful..use a smart stop on the stock at these levels. I would want to see the stock in the low 2's or lower to buy for me.

**Xxout** · 01-13-2004, 04:49 PM

Wallstreet

New to your world, have been reading all your post, very informative. Appricieate you insight into the unknown.
Jumped on the (WRLS) ban wagon last week for 1K @ $8.28.
Thinking about selling + 20% now and buy back later.
Any advise on sell or hold.
Thanks, Xxout

**Pwong8543** · 01-13-2004, 04:59 PM

EAG

You might want to look at EAG (Eagle Broadband) on the Amex. I bought at 1.59 now at 1.76 or so. Technically looks strong even after this bad market day.

**wallstreet** · 01-13-2004, 05:02 PM

Xxout,

I like WRLS a bunch..has an awesome chart..hit 8 in Dec..consolidated at 6.50 for a month..then a huge gap up. Depending on your pain tolerance and view of the market, the place the stock will go to if we get nasty is to the gap line..7 ish. What was beautiful on a 6 month chart, right before the gap the bollinger bands were saying somthing big was going to happen, the constricted and the sucker flew..bolinger bands are such a good indicator of future activity. Right now the bands are wide due to the gap up and moves to this level.

With your basis and gain, if I were to take profits it would be a 50% take, let the rest run.. I see little reason to be worried, it looks like it is running away. Stock breaking two year barriers here, I would put in a mental stop on 50% and see where she goes.

Nice job, there are tons of big winners over the last 3 months and this is one of them. One word of caution, when the ramp big, they also fall big..so if you make a mental stop..stick to it and live with it.

GL

**wallstreet** · 01-13-2004, 05:04 PM

Pwong,

Very nice breakout for EAG. It has been in the 50 cent area for almost 2 years..then a breakout in November with huge volume, then a nice 50% or so retrace and now a move back to the highs of November...another very interesting bollinger band action..consolidated in early Jan as the stock was at 1.25..then boom the move to 1.90. Bollinger bands are a must learn for all traders..

On the EAG, if it fails again at the highs from Nov, I would be very cautious as it will likely drop back to support of 1.25 or so..other than that, the same advice to you as from above..let her run, put in that mental stop and let the market tell you what to do.

GL

**wallstreet** · 01-13-2004, 05:09 PM

Sorry for all the posts back to back..but I wanted to comment on the action today.

I was very dissapointed as to how the market closed. I wanted to have a panic or fear selloff and at mid day it looked like that was in the works, then the buyers came back in and bot the market back up. In trader speak this means we may have more to go down. There is little fear on this down day and I need to see some fear and some short interest develop. Without it we cant expect a nice big pop.

I didnt buy anything today, but if we get a big gap down tomorrow I may step into a few positions..but this day was lousy for selling conviction.

**savage1** · 01-13-2004, 06:07 PM

Fwiw I still own LU and have made a nice profit, having purchased at 2.83.
In addition I own the following bio-tech stocks IMNR, ASTM,CLN, APNS, and PLRS.
All are low priced and all have good potential.
All could also be cut by 50% in stock price with any bad news.
These and other low price stocks are "fun" stock and should be played with using only discretionary money.
Most of my money and yours is/should be in solid and proven stuff.
GL to all and of course I enjoy hearing about everyone's stocks picks(especially the cheapies lol).

**Domanator** · 01-13-2004, 06:16 PM

ERES

I posted on 12/4/03 that ERES (EResearch Technology) was (and still is) a good stock to get into. On 12/4 the stock was at 26.16. It closed today at 32.24. It got downgraded today based on valuation. However the firm that downgraded the stock raised their price target from 35 to 38! The stock has been on a tear, but they keep announcing more contracts that haven't been factored into their earnings numbers yet. The stock announces earnings I believe 2/3-2/5. I expect them to blow away earnings and raise guidance for the rest of the year. Take a look and I don't think you will be disappointed. Remember to always do your own due diligence before investing in any stock or fund.

**Ripped71** · 01-13-2004, 06:23 PM

Wallstreet,

I have a speculative gold stock called Sur American Gold that I bought in December. Return is over 100%. Just wanted your opinion, if you even heard of them. It is a Canadian company listed on the TSX.

Thanks.

**wallstreet** · 01-13-2004, 07:49 PM

Savage,

Nice nice nice hit on LU..stick with it, I think you see 5 before 3. I changed my view because the market told me too..not that anything has changed on the balance sheet nor the issues they have. The market wants telecom stocks and they will have them.. NT is another one that has killed the last month.

Ripped..what is the US symbol? Usually somthing with an F on the end or somthing..I can find the toronto ticker of course, but I would rather have the US symbol so the conversion is already taken care of.

One note on TO stocks, the US equiv is usually thinly traded with big spreads..if you trade with a firm that handles TO stocks (big firms like Merrill or Dean Witter etc) then you get clocked on the commish..

Thanks!

**suprasass** · 01-13-2004, 08:56 PM

wallstreet

what do u think of just buying and holding on to some nano's
nanx, ngen, tiny, jmar

and also what do you think about the falling dollar to jump on gold.

let me know what you think

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