3SOF

Quote from: ScottishTrader on January 27, 2006, 04:39:55 PM
Sniffing something I jumped in and then went home.... only to find it had EXPLODED right after I bought in

Unbelievable

Applaud Scottish. Excellent timing  

Nice move in the last hour of the trading day. I was a bit late so I missed it  .
It's looking good and if it can pass the medium term resistance at $3.73, surely we'll see $4+ 

Keep it on watch list for Monday.

Good luck 

Just to add another chart, if you are playing this, watch out for the long term resistance zone above $4, as can be seen on the 3 year weekly chart, as well as the  medium term resistance Jimbo mentioned.

Also, a nasty mention from the Motley Fools on Friday may have an impac come mondayt:
http://www.fool.com/news/commentary/2006/commentary06012709.htm?source=eptyholnk303100&logvisit=y&npu=y

I think it could get volatile on Monday - despite positive continuation breakout of the pennant am seeing this as a quick trade for now.

I'm not trading ALTI yet... but i'd like to get in on monday, the chart still looks bullish to me

fyi:

Altair Nanotechnologies Reports 133 Percent Revenue Increase for Fiscal 2005
Friday , March 10, 2006 10:55 ET

RENO, NV, Mar 10, 2006 (MARKET WIRE via COMTEX) -- Altair Nanotechnologies Inc. (NASDAQ: ALTI) today reported financial results for its year ended December 31, 2005.

Altairnano reported revenue of approximately $2.8 million, a 133 percent increase, when compared to revenue of approximately $1.2 million for fiscal 2004.

"We are pleased with our financial results and revenue growth for fiscal 2005," commented Altairnano Chief Executive Officer and President Alan, J. Gotcher, Ph.D. "Revenue from contracts and grants increased 92 percent, while revenue generated from commercial collaborations increased more than 49 percent during fiscal 2005. Sales of battery electrode materials and thermal spray materials drove product revenue from $7,503 in fiscal 2004 to approximately $149,000 in 2005."

Dr. Gotcher continued, "We are experiencing solid business development progress with the advancement of our battery initiative, testing of our thermal spray nanoparticles, expansion of our pigment platform, and ongoing development of Renalan, our pharmaceutical product for the treatment of elevated phosphate levels in companion animals. We expect a number of commercial opportunities in these markets to begin producing recurring and sustainable revenue during 2006."

The net loss for fiscal 2005 increased by 43 percent to approximately $10 million, or a net loss per share of $0.17, versus a net loss of $7 million, or a net loss per share of $0.14, for fiscal 2004. The increase in expenditures is associated with increased efforts in product development, marketing and sales initiatives.

"During 2005, our operating expenses increased due in part to additional laboratory facilities in Reno, Nevada, new manufacturing operations in Indiana, Sarbanes-Oxley compliance, and non-cash charges such as stock option compensation expenses," commented Altairnano Chief Financial Officer Edward Dickinson. "In support of our growth strategy and development plans for fiscal 2005 and 2006, these increases are due in part to the investment in our battery initiative and increased business development efforts."

Dickinson continued, "Net cash used in operations averaged approximately $556,000 per month for the first three quarters, and approximately $942,000 per month during the fourth quarter, as we hired additional personnel and continued to increase investments in product and business development."

As of December 31, 2005, Altairnano's balance sheet was strong, with a cash position and short term investments of approximately $23 million, compared to $7.4 million at December 31, 2004. With the exception of a $3.0 million promissory note to acquire its Reno, Nevada facilities, the company has no debt of consequence.

Thoughts on this one please..?

Quote from: calven on March 27, 2006, 12:11:39 AM
Thoughts on this one please..?

Calven,

The Ascending Triangle that is forming looks to be a bullish continuation of the January 17 breakout, which occurred on huge volume.

Melf, Good to see you posting again!

Keeping an eye on ALTI.

Quote from: boatguy on March 28, 2006, 07:30:31 AM
Melf, Good to see you posting again!

Keeping an eye on ALTI.

Thanks, Boatguy.  I'd like to see ALTI take out near-term resistance (3.79) today, then take out the top of the pattern, at 3.97-3.98, over the next few days.

Quote from: Melf Elf on April 06, 2006, 09:28:46 AM
I'd like to see ALTI take out near-term resistance (3.79) today,

We've taken out 3.79 on nice volume this afternoon.

Quote
then take out the top of the pattern, at 3.97-3.98, over the next few days.

The high so far today is 3.94. 

Quote from: Melf Elf on April 06, 2006, 02:40:33 PM
then take out the top of the pattern, at 3.97-3.98, over the next few days.

BREAKOUT above 3.97-3.98 at 3:15PM.  Target: 4.89 is IN PLAY, as long as we remain above 3.98.

ALTI currently is re-testing the breakout at  BID 3.99...ASK 4.00

What is the reason for this stock going up. i didnt see any  news on it. im trying to choos between this and naps. thank you

Dennis - the problem with NAPS is there are a ton of bagholders who bought between $4 and $5 on that huge gap day at the end of January. NAPS is just reentering that territory. Not sure what's driving ALTI. Probably typical speculation/rumor that drives most stocks. Maybe a month from now the stock will be at $8 and we'll know why it went up.

Quote from: dennis67 on April 06, 2006, 03:58:31 PM
What is the reason for this stock going up. i didnt see any  news on it.

Dennis,

It looks like a technically-driven rally, meaning that the "momo  boys" (momentum players) came in when key resistance levels got taken out.

Quote from: Melf Elf on April 06, 2006, 09:28:46 AM
[I'd like to see ALTI take out near-term resistance (3.79) today, then take out the top of the pattern, at 3.97-3.98, over the next few days.

3.79, and then the top of the Ascending Triangle pattern, at 3.97-3.98 were key resistance levels.  3.80 got printed very early in the session, but then ALTI backed off from there.  When the stock came back and took that out to the upside later in the session, the "momo boys" came in.

That rally took ALTI up to next resistance, at 3.97-3.98.  When that got taken out to the upside at 3:15PM, we not only had breakouts above TWO key resistance levels, it also was a technical breakout above a two-month Ascending Triangle pattern. 

The technical traders recognized that fact and jumped in, thus "a technically-driven" rally.  Volume was 3 time average daily volume (100 day).

Yesterday Breakout i´m in!!

thanks for the replys i ended up buying alti and naps. it loks like naps is winning so far lol.