3SOF

nice day for AOB 
chart:

hi,
bought at 4.59 this morning . put a trailing stop at 4.39 . and went out ., and low and behold i come home to find it at 4.80, my stop loss at 4.62 ....... sudden drop to where?........4.62 stopped out ....and then a lovely rally to 4.80...................oh well ...there is always monday
maxi

Quote from: David Randolph on December 16, 2005, 09:20:56 AM
AOB's chart is getting better, maybe the time for a serious push back up has arrived.

On the day he speaks it might be starting to happen.  David, you sure have a good feel for the market.  Keep up the great work.

Let's make some money on AOB!!
There is several positive signs showing & that makes me smile for this undervalued stock.
yahooooooooooo!!!!!

Nice white marubozu on AOB, with 2.3 million shares changing hands 

The stock is already just above $4.80, which was the price for a recent private placement. I expect this rally to continue and I'll take profits between $5.4 and $5.5 if I have the change.

Longer term AOB seems to be an undervalued fast growing Chinese company, but this is the Fast Portfolio. Perhaps I'll consider it later for the 3 Stocks on Fire portfolio.

I consider yesterday's market action on AOB to be low volume profit taking and some afraid that there are plenty of sellers just above $4.80, which was the price for the last private placement.

I don't think heavy selling will show up above $4.80, I believe investors are in it for longer term purposes.

The stock held well near the end of the session, as the general market collapsed. The white candle was made on more than double the volume of the red candle. I'll continue holding AOB and expecting to take profits around the $5.40-$5.50 area.

AOB: Short Interest UP 331.1% to 1.7M in Dec 2005

Wednesday, December 21, 2005 16:15 ET

According to new short interest data from AMEX, short interest for American Oriental Bioengineering Inc (AMEX: AOB) INCREASED 331.1% to 1,662,905 shares for the month ended mid-December, 2005.

SYMBOL     NOVEMBER      DECEMBER      CHANGE               %CHANGE       DAYS/COVER
--------   -------------   -------------   -------------  ------------  ----------
AOB              385,759       1,662,905      +1,277,146      +331.07%           1
Based on AOB's 20-day average daily share volume of 1,835,425, it would require approximately 1 day(s) of buying to cover this short interest.

Thanks for the info la-onda 

Nothing changed on AOB, the stock made a little white candle yesterday. I'll continue with my plan of taking profits around $5.5 if I have the chance or take a loss if the stock is set to close below $4.10.

AOB, little by little, is making higher lows, so I expect it to rally before the end of the year.

The plan stays the same, take profits around $5.40 - $5.50 or sell if the stock is set to close below $4.10.

There was nothing new on AOB, both in fundamental and technical terms.

I'll sell AOB before Friday's close to end the December Edition of the 3 SOF Fast Portfolio.

There are only 3 trading days left in December and the 3 SOF Fast Portfolio is down 3.79%. I have three options:

1) Do nothing and sell the stocks just before the close of the last trading day of the year
2) Make a desperate try to get into positive territory
3) Clean up the portfolio and get ready to start over again in January

I have 10 years of experience trading stocks and especially futures. It wasn't a passive experience, just holding stocks for the long term. I made more than 5,000 trades during that 10 year period.

I know quite well that nearly everytime that I took one of the first 2 options I lost money and I lost big. Everytime I did nothing in the face of losses I lost more. Everytime I put my neck in risk to save a month I lost more.

When I recently started taking the 3rd option, having patience and ability to start over, I always came out of the reflexion period stronger and more open to all possibilities, inclusive the «make money» possibility.

Considering this, I will sell AOB around today's open.

nice AOB Summary for non 3stocksonfire subscribers:
http://harbinus.blogspot.com/2005/12/american-oriental-bioengineering.html
&
http://harbinus.blogspot.com/2005/12/american-oriental-bioengineering_04.html
&
http://www.knobias.com/individual/public/news.htm?eid=3.1.6415031bb826fc74697f3ee68e5346e2c14edd696db065ec55666a6c9151d83b

I will be patient, this is a winner for 2006

cheers
Oliver

I have some coments located here...on the Stock Picking Board.

http://www.3stocksonfire.org/trading/index.php?topic=3790.0

Finally a green and up day !! Currently up .11

Closed at 5.21 today - Very nice rapid comeback for AOB