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Update

By Brett Goldstein on Mar 12, 2007

Sorry for the lack of charts but I have been extremely busy with school and all. I am going to name a few stocks that I have recently purchased. I will try and get charts up if I have time.

I like LTS at this price right now 2.70, I like it alot here

I bought some more SMSI

I bought some ZOLL

I bought GROW - keep an eye on it and watch the trendline

Took a short position on LEND

Bought more AMSF

Looking to get into JSDA at a lower price

Bought some NMX

I think these stocks are all headed higher…Good luck guys and keep an eye on these stocks

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This entry was posted on Monday, March 12th, 2007 at 8:01 am and is filed under Annotated Analysis. You can skip to the end and leave a response. Pinging is currently not allowed.


2 Responses to “Update”


By Wilber Rinker on March 13th, 2007 at 11:04 pm

Mr. Bulltrader:
Check out MHGC. They release earnings 3/15 amc (thursday). This chump has got a lot of its stock sold short. It would take about 35 days of normal volume to cover. Also looking at the chart, it just broke out at 18.60ish. What do you think about that for a fast trade? It could easly be trading at 20+ after earnings on Friday.
Yours Truly,
Wilber

By Brett on March 14th, 2007 at 6:41 pm

Hey Wilber, Sorry about this response being late but I have been really busy with school. If your looking to make a quick trade to go into earnings I would take a step back and think about it as a quick loss. If your going to buy a stock into earnings, its a gamble. Sure, it can be very rewarding but it can also cost you. The way I would play this is to wait until after they announce earnings and if its going to take 35days for the shorts to cover, then waiting a few hours after the call wont be too bad. If it starts to fly you can get it, and for some reason if it drops, then you will be happy you didnt get in before earnings. Either way…Good Luck

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