Trade Thread II

[wallstreet]

That other one got too long, lets start a new one!

I did a little nibbling today..here is the report!

Bot 1/4 position HLSH at 4.30
Bot 1/4 position SONS at 5.40
Bot 1/4 position NGEN at 7.70

I dont think this is the bottom for the market, nor these stocks, but nibbling like this will help me get positioned for the time when (if) the market comes back..not looking so good thus far. Horrible last 5 weeks in the general market!

[wallstreet]

Nibbled a little more SONS at 5.10

Getting a little more invested, but have a few more trades to go before I am ALL IN..



The OTCBB and cheapie traders are getting KILLED with this drop..man I have been shocked at the severity, but lets hope we get a washout and a nice 2 week turn..then I make a KILLING!!

:D

[savage1]

Wallsreet-good luck with your investments.
I also bought a little more cln at around $1.16.
I am embarrassed to tell you how much I paid for most of the shares I bought of late.

[wallstreet]

Savage,

Nothing to be embarrased at..if nothing else, buying in pieces saves both of our a$$es..

I bot some NGEN at much higher prices too..but nibbling like this makes my average price much bearable. I also bot HLSH at higher prices too..

I still have about 25% cash..maybe a bit more..but this could go on for another few weeks, if that happens I will just sit tight and hold on..

[wallstreet]

This poist isnt a trade, rather a commentary about the market.

There are a few stocks I gave out and some price targets, well I think you can start buying a few of these names at these prices...

NT- 6.50 is a great price!!
BCON- 1 buck is a great price, could get a 20-30% return at this level

IVAN- at 2.25 it is worth a gamble
MRVC- at 3.30 or so, gotta give it a shot
FIBR- at 3.50 it is worth a stab
SONS- right here is just fine
SUNW- here is a fine price. I hate the stock, but think it will see 5 again, and that folks is a 15% return

LU- could see an easy 10% from here (might go lower first)
ALTI- here is fine..I expect a 20% return from these levels
HLSH- I keep adding, dont see a reason not to..longer term hold.
JDSU- fine entry here..will fight back to 5 on a market bounce

All of these and many more, please do 25% buys..I would rather make a profit off a 1/4 position than buy early and have no $$$ left to keep buying.

GL

[savage1]

Wallstreet-that seems like a great collection of stocks to watch.
I sold the remainder of lucent between 4.15 and 4.20;looks good now.
I sure as heck will consider than and the others(I might try ivan-made money with it before also)
Good luck
ps I am going to start another thread in sports service section asking people's opinions about services which claim they have a network of scouts;services can respond also.(Ty claims he has them, and I think it is a bunch of sh t to get people's money).
Stay tuned.

[wallstreet]

Man this market blows.. what a job that Friday run up was..giving it all back today!

One note of caution, be careful in buying NT. Supposedly an investigation is going on to their revenues in the past. The stock will go LOWER from here. Somtimes these sort of events happen and cannot be predicted, but gives the chance for making nice gains if you feel the company is going to be ok.

Also, HLSH is getting spooked, it doesnt bother me one bit. I will likely get up to 2k in shares here, I will keep nibbling at these levels. It think 10 is a good target for the stock come next year. Keep in mind this is a high risk trade though.

Market is still not oversold..there isnt enough fear in the market, but we are getting there.

[S49erman]

savage/ wallstreet............ what stocks are out there that are worth looking at? Im willing to take a little gamble :D .

[savage1]

SF49erman-Check out cln. Celsion.
They have FDA approval and stock is only at $1.25, but many knowledgeable feel that this will be at least $3 within a year or less.(It was over $2 briefly just several weeks ago).
Check them out at their website and on their chatboards at Yahoo and Raging Bull and do your own research( I would tell you to this for any stock before buying).
ps in a nutshell with the potential they have for their market (prostate cancer) and with FDA approval it is strange why stock is not doing much better.
This is by far my largest owning of my small stocks if that meansd anything.

[S49erman]

savage.... thanks Ill look into it! walstreet... you told me to ask..... do you have any new ones for today? I like savage's price range

[wallstreet]

hmmmm

A few I guess are in that price range, but pull up the chart, look over the stock and see what you think

IVAN
CPTH
TERN
ALTI
BCON

Really any tech stock that has some volume traded that is well off recent levels..ones that have a history of moving quickly, even if it doesnt mean a 10 bagger like a pink sheets..haha

[S49erman]

thanks wall! will look into those!

[S49erman]

Wall/ Sav,

I Looked through them quickly and have some interest in cpth. The only thing is that they have a eps of 4?? is that normal for this type of stock? let me know thanks.

[wallstreet]

49er..

Man..you see IVAN? up almost 50 cents today from 1.96 to 2.50..holy crap. This stock can do that..amazing!

CPTH is an interesting stock..there are some issues about making it or not, and when you pull up a chart it shows that. The stock has gone from like 4 to 2..then it went to 3 real fast..then back down. It is a speculative play for sure. I would also not look for a home run with this one..if you get in, watch for a pop on news on volume and take those profits.

I know from experience that you can take a sum and turn it into much more. I have several accounts, one specifically was an IRA rollover..it was last year, I turned it to Ameritrade..I had 2700 in it.. since then which has been about 1 year I turned this into over 8k. Gotta take what you have and trade smart..take gains..try and position yourself correctly..you can do it!

[S49erman]

nice call on ivan! should have bought it yesterday! I appreciate your help.. not sure if im going to bite quite yet but please keep me posted.