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GLGS

Started by David Randolph, June 19, 2005, 06:36:50 PM

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AussieTrader

OK I bought also, I like the story behind the action.  Nice volume start and cruised past the 200ema resistance without many issues. Resistanc around $2 to $2.1 area which I hope will turn into support during the days action.
Mike
AussieTrader
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rocket88


kressad

Kiss of death here.

Got in at $2.04 to watch it brick back down to $1.90.

I know it's short term but it always puts a knot in my gut to see a stock do that each and every single time I get involved.

:-* :'(

Ramsburg

#18
Quote from: kressad on June 20, 2005, 10:44:59 AM
Kiss of death here.

Got in at $2.04 to watch it brick back down to $1.90.

I know it's short term but it always puts a knot in my gut to see a stock do that each and every single time I get involved.

:-* :'(

No problem... I was out of the office, and got it @ 2.05 for my personal portfolio ;)

Theres no such thing as kiss of death ;) not in the stock market ;)
Frederick Ramsburg
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calguy

Entered this morning at 1.85. Stiff Resistance below $2. If it can get thru that has a good chance to fly.

Loffigus

Kressad,

I know how you feel -- it seems that the moment I buy a stock, it drops 10% within minutes.  (exaggeration)

I got in at 2.07  :-\

David,
when you buy at the open, do you put in a market order?  Or do you place a limit order?

atalltexan

Bought at 3 points: $1.8, $1.98 and $2.01 ($1.93 avg).

stocky

Guys the resistance is at 2.1 and not below 2. What you are seeing is a modest profit taking. The volume is 'twice' as strong as yesterday and it seems that it may transfer into like 50% intrday move. Goodluck all.

kressad

Thanks for the support guys.

Based on Randolph's track record with these types of plays (see IIJI) I know this is a short term loss but honestly, right now if it wasn't for BRVO I'd be wondering if there was a point to my financial existance.  ???

David Randolph

QuoteDavid,
when you buy at the open, do you put in a market order?  Or do you place a limit order?

I usually buy and sell at the market. But I usually don't like to buy on a gap up (a gap up occurs when the open is higher than the previous day's high), but at $1.85 there wasn't a gap up.

I said yesterday I was going to buy this stock at the open today, the stock traded on the pre-market at $1.62-$1.65. The open was at $1.85 ... but many of you guys that actually liked the story just bought above $2, which I find strange, why the wait?

Anyway, as clearly said in the analysis, I expect $3.13 by the end of the month in GLGS. Just be cool, diversify your portfolio and pay little, if any, attention to the intraday moves - I practically don't watch the intraday, that's a prejudicial vice I've left some time ago ...

Have a nice day  :)

TRUNK

In @ 1.83  & more on the pullback @ 1.94

Your good and Donation is coming soon

Pirus

Hey David hope this goes to the moooooon!
filled at 1.90 and 1.92
looks very good so far
Mark

bob839usa

How about some input on next buy pt.  I missed the pre mkt of 1.65 and mkt of 1.85 and looks shaky here.  So not sure if it will still run.  Bob

David Randolph

QuoteHow about some input on next buy pt.

What do you mean by «pt» bob839usa? I'm sorry, english is not my mother language  :P

Ramsburg

Quote from: TRUNK on June 20, 2005, 02:18:22 PM
In @ 1.83  & more on the pullback @ 1.94

Your good and Donation is coming soon

We've just received it ;)

Thanks a lot TRUNK !
Frederick Ramsburg
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