3SOF

And thank you for your great chart work. I think we'll be seeing 4.00+ by the end of the month.

Quote from: Melf Elf on October 07, 2005, 11:01:48 AM

Quote from: Melf Elf on October 06, 2005, 03:22:40 PM
Sold NASI at 3.02.  Gain: 7%.

Bought it back at 2.72, near the 50DMA.

Stop is a close or obvious late day tank below 2.44.  Risk: a loss of 10.3%, or a total of 3.3% on the two trades.

Sold NASI at 2.762, at the top of the Kumo.  Gain: 1.6%  Total Gain on the trade: 8.6%

NASI closed at 2.44 on Tuesday, right on my stop, and I was down 10.3%.  I'm glad to get out of this one with a gain.

Glad to see you made a little on it. I'm still in and bought more yesterday. There was some insider buying yesterday. Were getting closer to 10-31 and I think we'll continue to run up on anticapation of sales.

The Company believes that sales in China could occur before the end of the Company's current fiscal year on October 31, 2005

Thanks, S2W2.  NASI is acting well today in a lousy market.  I hope it goes up big for you!

Keeping an eye on NASI.  I'm surprised that the "China" play you guys mentioned has not caused this stock to go up recently.  This stock also trades below book and at under 2X sales. I suppose this is because it's net income is decreasing year over year.   Does anyone have the this story?

-Logocovet
 

Quote from: Melf Elf on October 20, 2005, 03:47:19 PM

Quote from: Melf Elf on October 07, 2005, 11:01:48 AM

Quote from: Melf Elf on October 06, 2005, 03:22:40 PM
Sold NASI at 3.02.  Gain: 7%.

Bought it back at 2.72, near the 50DMA.

Stop is a close or obvious late day tank below 2.44.  Risk: a loss of 10.3%, or a total of 3.3% on the two trades.

Sold NASI at 2.762, at the top of the Kumo.  Gain: 1.6%  Total Gain on the trade: 8.6%

Bought it back again at 2.57.  Stop is a close or obvious late day tank below 2.37.  Risk: a loss of 8%, for a break even on the three trades.

MACD is back-testing its signal line and also is at zero.  I'd like to see it kick higher from here.

NASI currently is BID 2.55...ASK 2.57

Melf are you still in NASI? I averaged down and holding. I still think we will see a run before the 31st. What's your opinion on it now? It's moving a little today, maybe this is the start.

Keep an eye on NASI, making a nice run. If they release news of China sales I think we'll see 4.00+ Up 13% today.

The Company believes that sales in China could occur before the end of the Company's current fiscal year on October 31, 2005

Quote from: stocks2watch2 on October 27, 2005, 10:41:18 AM
Melf are you still in NASI?

Yes, S2W2, I made a third entry into NASI at 2.57 on Tuesday (posted above).  Hopefully, "3's a charm!" 

Quote  What's your opinion on it now?

I still like it, as long as it doesn't bust my 2.37 stop!   

We have a Falling Wedge breakout today.  It isn't the greatest pattern in the world, but we also broke above the recent high of 2.80.  Looks constructive.  That's the first "higher high" we've had since the September 21 top.  I like that.  We're there right now.

BID 2.80...ASK 2.81... up 12.85%

Quote
I still think we will see a run before the 31st
It's moving a little today, maybe this is the start.

No news that I know of.  Also, not much volume (only 94,000 shares).  Maybe players are taking a position, anticipating your October 31 news, huh?

Thanks for your imput.

No news that I know of.  Also, not much volume (only 94,000 shares).  Maybe players are taking a position, anticipating your October 31 news, huh?

Thats what I'm thinking too.

Quote from: Melf Elf on October 25, 2005, 10:17:01 AM

Quote from: Melf Elf on October 20, 2005, 03:47:19 PM

Quote from: Melf Elf on October 07, 2005, 11:01:48 AM

Quote from: Melf Elf on October 06, 2005, 03:22:40 PM
Sold NASI at 3.02.  Gain: 7%.

Bought it back at 2.72, near the 50DMA.

Stop is a close or obvious late day tank below 2.44.  Risk: a loss of 10.3%, or a total of 3.3% on the two trades.

Sold NASI at 2.762, at the top of the Kumo.  Gain: 1.6%  Total Gain on the trade: 8.6%

Bought it back again at 2.57.  Stop is a close or obvious late day tank below 2.37.  Risk: a loss of 8%, for a break even on the three trades.

S2W2,

I'm still in NASI with a gain of 8.6% on the first two trades, but I'm close to getting stopped out here below 2.37, for about a breakeven on the three trades.

Much Ado About Nothing. 

Based on the chart now, it looks like there's a good chance that NASI is going down to the lower rail, which is about 2.21, but I'll honor my stop and sell it if it closes below 2.37.  I'll wait to see the actual close and sell tomorrow morning if I'm stopped out.  It's so thinly traded (73,303 today), it tends to pop or drop at the close.

On my last trade, NASI closed at the last minute right on my 2.44 stop, then it rallied 10% over the next two days.

NASI currently is BID 2.33...ASK 2.35. 

Good luck if you still have this one, and thanks for your help. 

Yes still holding. Thanks for the update. I don't like it that they haven't put out a pr. Maybe no news is good news. I only have 5000 shares, sold some on the last run. I think I'll wait for an update before I sell. Good Luck to you and I applaud your great chart work.

Quote from: Melf Elf on November 15, 2005, 02:37:26 PM
S2W2,

I'm still in NASI with a gain of 8.6% on the first two trades, but I'm close to getting stopped out here below 2.37, for about a breakeven on the three trades.

Much Ado About Nothing. 

S2W2,

Sold NASI this morning for an average of 2.34.  Loss: 8.95%, so total loss on the three trades is 0.35%. 

MUCH Ado About Nothing! 

Quote from: stocks2watch2 on November 15, 2005, 03:49:59 PM
I don't like it that they haven't put out a pr.

Yeah, they could have helped us out a little.   

I like to see volume dry up on a pullback, but NASI went from 12,000,000 shares traded on September 21 to a trickle of a few thousand shares.  No interest. 

Actually, that can be a real good thing if NASI can bounce off that lower rail on the chart I posted yesterday, then take out the top of the channel.

Quote
Maybe no news is good news.

I hope so, and hope that you make lots of $$$.  Puenthouse, too.  Thanks again, and applause for your input on this one.

NASI, is breaking out jumped 10% in one minute. Maybe were finally getting close to some good news.

Quote from: stocks2watch2 on November 18, 2005, 03:16:52 PM
NASI, is breaking out jumped 10% in one minute. Maybe were finally getting close to some good news.

S2W2,

Darn!  When I saw that you had posted on this thread, I hoped that it was blasting off for you guys, but it went up, and came right back down, now up 3%.  No volume, either.  Only 109,000 shares.

Still...it makes you wonder what that quick run-up was about, doesn't it 

Quote from: Melf Elf on November 15, 2005, 02:37:26 PM

Based on the chart now, it looks like there's a good chance that NASI is going down to the lower rail, which is about 2.21

NASI bounced right near that rail yesterday; the low was 2.21.  The Bullish Engulfing candle yesterday is nice, so both of those look good, but terrible volume: only 58,000 shares. 

Watch the top of this channel, S2W2.  It needs to break out above that.  The top of the channel comes in today at 2.766.  Subtract 0.009 each day.  I hate to get back in this one since it's so illiquid, but if volume comes in, I might play it. 

For the fourth time...    (We need an "Exhausted" face on the toolbar).