re: Weekly Stock Market Plays/Thoughts - Monday, March 6 2017

Posted by rocket31

Member since Jan 2008

41819 posts

Posted on 3/10/17 at 10:47 am to RedBeardBaw

Nicely done

I'm looking for a rebuy

Posted by bayoubengals88

Member since Sep 2007

18946 posts

Posted on 3/10/17 at 11:08 am to rocket31

quote:
I don't think they'd accept any buy out offers unless it's $40+ a share. Thats a long ways away.

I tend to agree with this. No $15 buyout upcoming in my opinion.

Posted by bayoubengals88

Member since Sep 2007

18946 posts

Posted on 3/10/17 at 1:24 pm to JimMorrison

quote:
It's great that you are invested long-term, but just don't get upset when the stock falls because it will, eventually. The company is still in its R&D phase and not profitable. It's trading all on hype and potential right now.

Yeah, it's got to come back to earth at some point, but damn it's been a fun week.

quote:
The RSI is now high and I don't think the price is sustainable

My chart guy tells me that the Bollinger band is moving with the RSI so nothing to worry about yet...money still flowing in. Any opinions on this?

But then again, I'm not terribly worried because this isn't a swing trade for me, otherwise I'd have long been out.

Posted by bayoubengals88

Member since Sep 2007

18946 posts

Posted on 3/10/17 at 3:24 pm to bayoubengals88

That was possibly the best week of my adult life, folks.

The only thing better was soaking in the Tetons last July and getting my first real job (maybe).

I probably enjoy this stuff more than I should, but this board got me started in 2013

Posted by macatak911

Metairie, LA

Member since Sep 2007

11072 posts

Posted on 3/10/17 at 3:29 pm to bayoubengals88

Up $2000 here with a stop loss now set at 7. Picking out some patio furniture now

Posted by headedwest21

Member since Dec 2016

1109 posts

Posted on 3/10/17 at 5:58 pm to bayoubengals88

It must have been a heck of a week to beat out the Tetons in July. Nice work.

I had a good day also. Finally was able to get out of some of that APTO stock to free up some cash. 3000 shares I had bought at a $1 and i sold them at $1.23 so that brought in some good change. My average shot way up but Im holding onto the rest for long term play anyways.

Just wanted to thank everyone that post here. In past month of alot of reading and posting threads and articles, I'm learning alot about the market.

Posted by LSUneaux

NOLA

Member since Mar 2014

4490 posts

Posted on 3/10/17 at 11:22 pm to rocket31

SPG

52 week low
Great dividend history

1 ...

Posted by ynlvr

Rocket City

Member since Feb 2009

4591 posts

Posted on 3/11/17 at 6:19 am to LSUneaux

quote:
SPG

Down 15% last year in rising rate environment in shopping mall business - what's not to like?

Posted by JimMorrison

The Peninsula

Member since May 2012

20747 posts

Posted on 3/11/17 at 9:36 am to bayoubengals88

quote:
My chart guy tells me that the Bollinger band is moving with the RSI so nothing to worry about yet...money still flowing in. Any opinions on this?

Yeah, it also shows the stock is overbought. The momentum is still in favor of the bulls, though. We'll see how it goes next week.

I'm no expert and just on the sidelines watching, but any traders buying at the current price are at a high risk of being upside-down in their position. If I was in AUPH before the news, I would have definitely sold by now.

Posted by rocket31

Member since Jan 2008

41819 posts

Posted on 3/11/17 at 9:49 am to JimMorrison

for my personal gain, i hope we see a healthy dip below 8 so i can reenter.

a movement like this is just not typical, and it makes me skeptical that it will continue

guess we will see