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swkj-up 229% today

Started by catrader, June 10, 2005, 01:14:30 PM

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catrader

wow, this come up on anyone's scanner?  just saw it and probably too late?

stocky

Whats the story behind the move? Any clue.

eliteG

I like it  :o great pick

tryin some out either here or end of day...haven't decided...will probably wait till end


catrader

when a stock has moved up this much when you come accross it, is there any indicator that tells you if momentum is intact or not?  like this moved 229% so far, so i would not think of going in.  But then in stocks like cyos and amre, it keeps on going like the energizer bunny.

eliteG

the volume is increasing dramatically...its bursting out from a base.. thats what helps me decide... The best thing to do is study the ones that work, imo.

setravis

"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

Do your own DD and invest based on your DD, not mine !

Semper Fi
S.E.Travis

stocky

It seems like a candidate for reverse merger. Terms and conditions are not known. If on next trading day the volume is as great as today, then it may keep up the advance. I dont have a position in this stock yet.

stocky

Seems to me like a quick mover with low float.

tommyt

Quote from: stocky on June 10, 2005, 01:24:46 PM
Whats the story behind the move? Any clue.

All I can guess, and this is "a guess," is their planned merger with UBuy Homes may be off. The stock averaged at least .25 before announcement, then completely collapsed and stayed that way until late Thurs.

see last news article:

http://biz.yahoo.com/bw/050317/175434_1.html

stocky

Their is sometimes 'stocks dilution' problem associated with reverse mergers.

You can review DWMA case. May be interesting enough to put on the watch list. Just not sure what the reverse merger if it happens with DWMA will result for traders.

michukey

anybody getting back in on this on monday??

setravis

Wow...Michukey..... :o
I am looking at the correct stock?
Check this chart out, I'm no expert.But is that a cup with handle.
That candle on Friday came down to rest on the 50day ema.
We could get a bounce on this Monday morning.
What do you think?
Come on stock pickers let's get some feedback!
"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

Do your own DD and invest based on your DD, not mine !

Semper Fi
S.E.Travis

saffeysite1

It maybe a while before this stock recovers.   Handles that form in the lower half of an overall base or below the 200 day line, are week and failure prone.

This stock could fall easily back to its low.  Risky buy.  But that's just one mans opinion.

Good luck.

michukey

Ya, looking for opinions on this one.  Its been mentioned on a few other forums so just trying some more feed back.  Being that I'm a novice trader I have no idea where this stock will go.
Thanks

wrangler

Hi to all looking into SWKJ
From what I see it is beginning to go back up according to the 28 day moving average at bottom on MACD line. I like to use 28 days to see reaction better and it gives the buy and sell signals better. But according to 28MA it may take about 3 0r 4 more days to get the buy signal but so far it's looking good. I'll put chart on with 28 day moving average and look at the MACD at the bottom when blue line hits the black line it's a buy signal but I like to wait one or two more days to confirm the run up. And remember when blue line hits the black line on the way back down that's the sell signal.
Good luck trading to all :)
wrangler