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STEM

Started by Ramsburg, October 17, 2006, 07:18:51 AM

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Ramsburg

Quote from: nofear on November 02, 2006, 02:35:20 PM

I bought at 2.80, the low of the day :) applaud !

Hi nofear,

We were standing our buy order for 3SOF at $2.80 too, but we didnt caught any for 3SOF ...  :-\ You were there first  ;D

I bought a few for myself at $2.82 and sold it at $3.00 on my private account, I think we may have the chance of meeting our trading plan (entry 2.70/2.80).

regards,

Frederick Ramsburg
www.3stocksonfire.org

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Ramsburg

Update:
STEM did trade at $2.80, which was already inside our buying area, but unfortunately we were unable to get any shares at that price and the stock quickly jumped to the upside... Although, some of our members were lucky enough to get some shares at that price, and that's already something ;)
My common sense tells me that STEM will need some consolidation at this point, before it goes higher and breaks the recent highs where we sold our first position... I'm looking to the $2.70 / $2.80 range to get a re-entry on this position, but we may need to be a bit more «flexible» than that, so the trading plan will be:

Standby Trading Plan:
Buy STEM «near» $2.85
Frederick Ramsburg
www.3stocksonfire.org

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Dracull

I'm quite tented to buy at 2.92...my finger is on a virtual fight to click or not to click the "buy" button.

Ramsburg

Quote from: Dracull on November 03, 2006, 10:54:06 AM
I'm quite tented to buy at 2.92...my finger is on a virtual fight to click or not to click the "buy" button.

Hi Dracull,

Please read this: http://www.acts17-11.com/tempt.html

It may help you out with that temptation  >:D
Frederick Ramsburg
www.3stocksonfire.org

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Dracull

Thanks Ramsburg, but too late...I got some at 2.91.....the Devil won the duel  >:D

Ramsburg

Update:
We did a nice trade, selling a few ticks below the current short term high, but we failed to catch STEM during that small correction afterwards, our first re-entry plan was to pick it near 2.70/2.80, STEM traded at 2.80, but our order wasn't filled. Now the stock is loosing some momentum, there is also a strange divergence on the DMI indicator, so we'll quit this standby trading plan, until we feel more comfortable.

Although we'll keep monitoring this stock for some further opportunity, personally I don't mind to buy it later at a higher price but with better technical odds, I may be completely wrong, but right now it smells me a correction.

Trading Plan:
No plan => cancel re-entry order
Frederick Ramsburg
www.3stocksonfire.org

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Dracull

Sold at the pre-open at 3.40$.....nice 16% profit since 2.92   8) ;D

lancefur

Bought this at 2.86 hoping for something good. Came back great. Just sold at 3.38. I'll take 18% any day of the week. Love this site. Keep it comin... ;D
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