Trade Thread II

[S49erman]

another up day, wow congrats!

[wallstreet]

49ersman,

Up on a few..down bad on one..

MRV looking good (I sold 10% today at 3.35)

NGEN looks good..up NICELY on that one.

Down big on SONS..man they cant say anything right. I still think it is the right stock, but until the market thinks as I do..no love there.

So how goes things with your trading?

Oh and did you see IVAN?? Holy hell..stock rocked.. 30% turn in like 3 days.

You get a list of these stocks, wait for the market to kill them, then step in and bite!

[S49erman]

I haven't traded a thing, been doing nothing but studying for my real estate exam and on sports. I will keep a eye on these stocks, if anything pops out at you let me know!

[jballs]

wall street

Wall street i thought you were in ngen at 10.50 then 9.80 then unloaded at 9.20 or something.how can you be up big on that one. Maybe i missed you buying again somewhere else. Anyway where do you think it goes form here back to 9 or double bottom at 6 ish. Probably the latter in my opinion market will keep it down the next few weeks. At best we get a small summer rally but this market is still way overbought medium and long term.

[wallstreet]

JB,

I have been in and out of this stock a ton of times!

I posted that it didnt seem people cared all that much for my entries and exits, so I post more generally.

If we can get some people trading and interested, and make this a day/position traders area, then I can post everything I am doing..but right now it is a bunch of echos and one or two others who make comments here and there.

As for NGEN, I buy in small increments. I will look back in the trade thread and let you know where I bought what..but my lowest purchase was in the 6's when it got hit after the secondary pricing and since I buy in pieces, my average price is decent for the overall position. Now if I had bot the first time only and in one big purchase like 80% of investors, I would be very angry! But buying in quarter blocks works well and keeps the average prices reasonable.

I think there is a nano conference coming this or next week, if that is the case then I expect NGEN to move towards the last spike, in the 9 area. Truthfully the stock I would prefer to own in the space is NANX. After watching the 5-6 stocks that I think are the movers in the space, I notice that NANX has better price action and seems to have better favor than NGEN. TINY is the best, but priced the highest. ALTI is for the guy looking for a 3 buck stock and CBMX is one that shadows NGEN quite often.

I dont mind criticism at all, keep it coming. I am all about honesty and would never fabricate a purchase..like saying I bot TASR at 80 pre-split (which I could have done but didnt)

[jballs]

wallstreet

No worries. i actually bought some ngen at 9.50 and then at 8.25 not since though. hindsight should have averaged down one more time average price being 8.90and is trading around 8. Just wanted to make sure i didn't mss some advice thats all. not auditing you. Good luck and happy trading. bought some GBN today at 2 looks like it may go back to 3 with any kind ofdown market. Gold has taken a pause but i think it resumes as the doillar stays low and terr fear continues. Gold,drugs, cons stapmay be the play for the next few months as the market takes in all these gains.


peace

[wallstreet]

JB,

Watching NGEN? Looking great..but damn look at the entire sector! JMAR up 20+% today..TINY is rocking too..

I took 10% off the table at 8.55.

Adding a bit of SONSEEEEE if it gets to the lows of the day..which is no stretch, the sucker has nothing but down ticks.

Also gonna trim MRV, did some at 35 cents, might do another 25% at 30 cents..

[mary]

WALLSTREET

I AM VERY GOOD FRIENDS WITH CRAMMER, IM SURE YOU KNOW WHO HE IS.HE IS FROM PHILA AND LOVES CHTR ON THE DIP IT IS HAVING--HE OWNS 57500 SHARES OF IT AND IS LOOKING TO BUY 2500 MORE NEXT WEEK--HIS COST PER SHARE IS 4.46---THIS IS NOT A TRADE BUT IT WILL BE A BIG WINNER-LET ME KNOW IF YOU BUY IT SO I KNOW IF I SHOULD UPDATE YOU--DONT BUY IT TODAY--THEY ARE GOING TO SELL SOME BONDS NEXT WEEK

[wallstreet]

mary,

I love Cramer..listen to his show most every day, think the guy is very smart.

Based on his recco earlier this year I bot CHTR and sold it too. I was a member of Actions Plus, but didnt pay..just the free trial.

I think the time for CHTR was back a week or so ago when it was at 4 bucks.

I almost bot CHTR back then, but chose MRV instead.

If they sell bonds..watch out below!!!! I think they get hit again..if it goes back to 4 again I will load up.

Damn it that I missed NT back last week at 5 bucks..what a missed easy opp..

Gonna peel back another 15% on NGEN when she hits 9 in a few minutes here.

About time I have a profit in a big position for once..

edit) I lived in Philly for 3 yrs..he is just like everyone there..energetic, funny and very boisterous..

Adding another 15% NGEN sell at 9.25 if she gets there..

[mary]

Originally posted by wallstreet
mary,

I love Cramer..listen to his show most every day, think the guy is very smart.

Based on his recco earlier this year I bot CHTR and sold it too. I was a member of Actions Plus, but didnt pay..just the free trial.

I think the time for CHTR was back a week or so ago when it was at 4 bucks.

I almost bot CHTR back then, but chose MRV instead.

If they sell bonds..watch out below!!!! I think they get hit again..if it goes back to 4 again I will load up.

Damn it that I missed NT back last week at 5 bucks..what a missed easy opp..
WHEN I HAVE SOME TIME ILL SEND YOU HIS NEW HOLDINGS--HE SAID YESTERDAY TO LOAD UP ON EMC
Gonna peel back another 15% on NGEN when she hits 9 in a few minutes here.

About time I have a profit in a big position for once..

[wallstreet]

49ersman,

I wanted to tell you that I got out of all the MRV, took the rest off just now at 3.32.

It could go higher, I just wanted to book a very nice gain..I dont do that enough!

I still cant believe how they are smashing SONS..unreal. They are pricing in some really really bad news.. Not happy that I have the stock right now, it is turning into a 6 monther...darn it.

I didnt comment the other day, but good luck on the RE lisc.. I thought about taking it, but I think it actually hurts my efforts since the restrictions and disclosures are a hinderance for what I want to do..what I find here is if an investor is also an agent, they are a part of a larger group or that they are a partner and there are other partners that arent agents.

When you get to the point where you are looking for investing I can point you to some good sites for learning and discussion.

[S49erman]

thanks wallstreet,

congrats on your earnings with mrvc, I'm sorry I didn't jump on it with you . I've been doing a lot of studying lately, test is on sat so we will see how it goes! Thanks!

-Scott

[wallstreet]

update-

Down to about 1/3 position on NGEN.. will keep a bit just in case she wants to run to old highs. Looks great running into the close.

Sold about 1k shares today..if that gives you an idea on what a position is for me on the stock. I had about 1500 shares in total.

[S49erman]

really nice day for ngen congrats.

[S49erman]

wallstreet what do you think about djt? He is thinking about buying a new hotel in reno that is beautiful and has a lot of potential.