SIGM Stock Chart (Blu-Ray Play)
By Brett Goldstein on Feb 18, 2008
I know that I have posted this stock a few times. But I think this is a great play at the price. The stock is massively shorted right now at 25% of its float. If there next earnings are as stellar as there previous one then this stock is going to fly.(hopefully) I see $35 as a bottom that may get retested again before $50 is taken out. Well with Blu-Ray becoming the next great thing, I want to buy more with a sale like this.
14 Responses to “SIGM Stock Chart (Blu-Ray Play)”
forgot to add that I grabbed some April 45 calls once at close Monday when it was trading at around 40.50
not Monday, Tuesday!
Subscribe to http://www.easystockalerts.com Now & Get The News Before Everyone Else! Have you ever want to see your stock news before it even appears on yahoo? Well, then be alerted before it appears on the web?
Found a nice site - http://www.easystockalerts.com. It will keep you updated on any breaking news on the stocks you own. See the news before it even appears on the web!
Well, SIGM got destroyed today on no news once again. Any idea why this stock is so volitile? You’d think with all the good blue-ray news out that it would be going in the opposite direction. I added today under $36 as it seems to good to be true….for now. They’d better not release any bad news next week or they will get sued like crazy…..especially after insiders were dumping shares recently!
I shorted SIGM two days ago and am up 17%. Based on a brief at bigwavetrading.com I did not cover today and think that we have some more selling coming up. The charts say it all: it broke the 200 day moving average without ever making back up to the 50 dma…have a look at IBD’s CANSLIM system and you’ll see what’s coming.
good luck all.
Yeah, SIGM got crushed today. Not happy about it but I did say that it may retest $35 and look where it closed. Lets hope there is no more downside.
Not sure I want to be trading a stock on “hope” though.
Just try http://www.easystockalerts.com and see..you can customize what kind of news you receive from press releases, insider trades to stories that mention your stock in blogs…
Hey guys,Sign up at http://www.easystockalerts.com for free to see your stock news before it breaks to the rest of the public! Just try it out for a week and see what you think.
I agree with the chart and so does wizetrade. I put in a pick, but I know it probably won’t go anywhere for 6-9 months.
Hello all,
If you interested in stock market news and information here is a site called http://www.easystockalerts.com . You can also get e-mail and RSS alerts when a stock you are tracking has news, an SEC filing, or a press release.
SIGM - now offers an opportunity to sell short if it breaks the 20.00 level. For similar stocks such as this, have a look at http://www.sharesmadeeasy.com
Leave a Comment
Recent Blog Posts
- Putting it to the X
- Why it's NOT time to Short Apple and Visa
- Follow Up on WLT
- JPM
- Shorting V
- USO Stock Chart (Short Oil?? Call me crazy)
- Throwing out the Chart on AMZN
- Walters Industries
- Mastercard Again
- D R Horton
- EMC
- Broadcom
- Covance
- RIMM
- Cat Stock Chart
- Turning $5,000 into $400,000..UNREAL
- Resistance Broken!
- Best looking chart seen in a while (MELI Stock Chart)
- WSCI - WSI Industries Inc
- Resistance Holding up
- Dont fight the trend. (MOS Stock Chart)
- UTVG - Universal Travel Group
- Havent Done Your Taxes Yet??
- Mastercard
- Costco
- Bottom or no bottom, That is the question.
- Is the Apple Still Rotten?
- GE
- 5 Commonly Overlooked Ways the US Dollar is Affected
- CMP
Subscribe
   |
 |
unfortunate timing on this recommendation. I am sure it will pan out in time but still…