3SOF

Closed green which is always good, but was a weak close. 

folks...full disclosure...I sold my position in the last few minutes...not that I did not like the general uptrend, but being a short term swing trader, I took my 20% profits (from my buy at $0.305) and decided to take other positions...

for now, I'm primarily in HOM....got 3K shares at close...

let's see how things roll out with GSHF.....close was weak as pointed by another poster...but 'll analyze more with charts and post later today.

don't take my selling as any sign of weakness...   it's just that my trading style does not fit the long periods of "gestation"....hope you understand that!!

I like the play by play Vic666

thanks!

julia

im still holding ...elite had mentioned he could see $1 in the future...so, im looking to sell at .99

Quote from: gmarc66 on April 20, 2006, 04:17:00 PM
elite had mentioned he could see $1 in the future...so, im looking to sell at .99

w/ that said, i'm wondering how high VRDM could possibly go, due to the fact that it seems much more liquid and much more volatile...?  any thoughts, anyone?

Quote from: gmarc66 on April 20, 2006, 04:17:00 PM
im still holding ...elite had mentioned he could see $1 in the future...so, im looking to sell at .99

i believe someone said $1 was only a psych resistance and that it could go higher than that.  somewhere between $1-$3 

GSHF starting to come on strong and roll into the close.  Next week should be very exciting.

http://finance.yahoo.com/q/is?s=GSHF.OB&annual
http://finance.yahoo.com/q/is?s=GSHF.OB

Net income applicable to outstanding shares:
Quarterly: USD 1003000
Annual: USD 1947000

GSHF looking nice today.  Started slow then hit its 52 week high today.   

The close yesterday was really weak and today there is a lot of selling pressure.  I see a lot of shares being sold and bought in big 50k 40k blocks.  Idk.

That .41 was a big resistance and now it's retracing to support levels (I hope it will stop around .33).
I had a nice profit and I could take some around .40 but I decided to wait and hold. I see two scenarios: 1. on 1 year chart you see that a nice cup has been created. If it's a cup and handle play then we should see some Fib. retracement and form a handle.
2. Since ethanol is a hot thing these days, VRDM might fire a couple of more PRs and GSHF takes off with it.

I hope the 2. will happen because it would give faster return but we'll see.

I will never learn to just sell and take profit!

I agree with you OneStockMind. Today whole energy sector is getting killed.
My fav "VLO" largest oil refiner in US is down < 5% , yesterday it was <3%. I cant believe such a big company can be manipulated so much in market in a day. With all reports out today showed excess of oil so the correction became imminent today and hence energy sector is red.

I think that has brought VRDM and GSHF down today too. I entered late in GSHF so would exit with small loss if it falls below my price point @.325. I hope it doesnt go there.

- Dhiraj

hey gary, if you do learn to sell and  take profits you could teach a seminar and i'll be the first to sign up. If i sold everystock i had this year that went up  30% id be up about 200% instead of being at the same point i was Jan 1st

OneStockMind, what does FIB stand for? And if it does retrace how low do you see it going?

Edit:  Just watched the last few trades go though before the close and saw a 100,000 block fill at .3328 followed by a 95,000 block at .33 9 seconds later.  Thats a lot of shares for one person.

Quote1. on 1 year chart you see that a nice cup has been created

yes, it is a perfect cup with increasing volume on the upside (right side of cup). that is real positive. We need the handle to from and then watch out!!!!!