Im getting a little nervous with ABAT. My calculations peg it north of 3, but the ten year yield is sneaking up there. Once it reaches 5, all bets are off. I have joined the Empire with Lord Vader and we are readying the forces to short the markets. Yarg!!!
My longshot is
- Thread starter CaptainObvious
- Start date
SMTX
SMTX has had a heck of a week, month for that matter. Without some follow up news to good earnings report, it'll weaken, maybe fall and fill the gap.
ABAT is done IMO and won't go much higher near term.
WWAT can't bust a buck and won't until they do the R/S. Just too many shares out there.
SWEB may fall to .70
VOYT on the other hand is worth watching. If in, hold with stop @.60 If not in wait for price to break and hold .80-.85 area.
Of course I may be wrong on all of the above and I hold no positions in any of them at this point. Hanging on to a couple of sideways losers. Nothing new to report, other than I'm killin'em at the craps table.
ABAT is done IMO and won't go much higher near term.
WWAT can't bust a buck and won't until they do the R/S. Just too many shares out there.
SWEB may fall to .70
VOYT on the other hand is worth watching. If in, hold with stop @.60 If not in wait for price to break and hold .80-.85 area.
Of course I may be wrong on all of the above and I hold no positions in any of them at this point. Hanging on to a couple of sideways losers. Nothing new to report, other than I'm killin'em at the craps table.
I made good money on the ABAT earlier in the week. CMGI at this level is another good "longshot."
Don't underestimate the SMTX regardless of the impressive recent run.
Don't underestimate the SMTX regardless of the impressive recent run.
So you call yourself a longshot player. Lets belly up to the table boys and girls cause the dice are about to roll. That worthless piece of shit NFLD has done just what I was waiting for. Those Aug. 5 calls are looking mighty inviting. I'm making the call right here, right now. Buy the stock, or buy the options and ring the register, 60 days or less. Target, 2.25-2.50
Some strong EOD buying on SMTX. Somebody wants more. I hope you didn't take my post as being negative, just my opinion. I'm certainly no guru, just an occasional lucky guess every now and then. I just hate chasing them after they've run so much. Sounds like you're already in so I hope it keeps running for your sake. I have no problem in everyone making money if they can. Nice find!
It's all good Cptn. Obvious.
I keep an eye on it, but no moves yet. I might buy in the 2.25 area with a super tight stop. Or, I'd buy any break and hold above 2.50.