nano stocks

[ang_99]

you can't let hindsight scew with you with these momo plays.

 

[SammySOESa]

Quote from ang_99:

you can't let hindsight scew with you with these momo plays.

true. it could easily have gone back down.

i did buy some more for $4.74 (only 100 shares) right before the close. i felt like making a small overnight gamble. we're at $5.02 now.

 

[ang_99]

Hey Sammy what kind of size did the kid in your office do with this one.

 

[SammySOESa]

Quote from ang_99:

Hey Sammy what kind of size did the kid in your office do with this one.

this was an older guy who's only been here a month or so and still trades small. he had a negative P&L when i walked by his computer, but so i doubt it was more than a couple hundred shares. the market musta caught his other trades short.

 

[MRWSM]

I've been holding ALTI for quite some time, sold 90% of it at just under $3 and kicking myself. LOL The rest I hold is just a forever position that I will ride to 0 if necessary. I thought the $3 area would have stopped it just like it had many times.

 

[DonCorleone]

all of this runup b/c of the following news release??

12:56pm 02/10/05
Altair Nanotechnologies up 37.5% after product news (ALTI) By Leslie Wines
NEW YORK (MarketWatch) - Altair Nanotechnologies (ALTI) Thursday swept 37.5 percent higher to $2.86 after the Reno company said it "achieved a breakthrough in lithium ion battery electrode materials." The company said the discovery will lead to a new generation of rechargeable batteries.

i know it closed at $4.77, up 129% in one day!! man, this stock is acting like it's 1999 all over again. this is "irrational exuberance" redux...

 

[SammySOESa]

$5.50, up another $0.73 in the pre-market.


those guys over at yahoo are going bonkers. one of them claims to own 40,000 shares, and yesterday ordered a new lexus. haha..

http://messages.yahoo.com/?action=q&board=ALTI

 

[RunningOnEmpty]

Is anyone planning on shorting this thing? Penson has no shares available.

It seems like a pretty good story though...batteries with three times the life span, recharge in minutes, and same price as current batteries.

 

[SammySOESa]

Quote from RunningOnEmpty:

Is anyone planning on shorting this thing? Penson has no shares available.

It seems like a pretty good story though...batteries with three times the life span, recharge in minutes, and same price as current batteries.

i'm glad brokers won't allow shorting.. less selling pressure.

$6.20 and counting!

 

[ang_99]

Quote from ang_99:

you can't let hindsight scew with you with these momo plays.

Screw what I said before, now I'm pissed.