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SYNX

Started by JMoney, July 07, 2005, 09:15:08 AM

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JMoney

This is gonna be crazy today for this stock.

Profile: http://finance.yahoo.com/q/pr?s=SYNX

Already up 80% in premarket.

la-onda

you will buy this one? nice pick (applaud)

JMoney

Not now since it gapped, but if you think it'll go higher then I would. My broker is down right now, so no trading fr me today.  :(

tommyt

Officially, on fire! +52-60%. And this one actually makes a profit.

tommyt

Blow out finish! At the HOD 3.17.

REALDEALS21

What is the price target ?????

ramlau

You don't set a target for a momentum stock like this. You set a few stops you are conformtable with and watch the money flow. Just my very humble opinion.

Ram

REALDEALS21

Anyone think SYNX will GAP UP in the morning ???


ramlau

Hard to say. Looks like plenty of buyers (bagholders?) still haven't sold. I'm not in.

Ram

REALDEALS21

You hear any words of any contracts comming ???

ramlau

Nope. Usually they go up and down together in a sector play like this. The only two that are still doing okay are IMX and IPIX (and I bashed it wrongfully today).

What a rollercoaster day with these crazy stocks.

Ram

eduardvs

I'm a bagholder with ya.  I'm just hoping/praying for a gap up tomorrow and that this stock is still in play in time to get out.  It has a small float so it's not hard to get it moving.

ncham

looks like a great short to me

ramlau

I'm not that great a trader, and simply don't have big balls to hold any long or short position in GEPT/SYNX overnight. Good luck tommorow!

Ram

VikingFan

Judging from the trading today and the huge, record volume at higher levels, it looks like there are a lot of bagholders who are at a loss now.  Over 19 million shares traded today vs. 12 or 13,000 each day for a few days around the 1.60 area the week before last (after the London bombing), with no fundamentals driving the tripling from there.   Some of the bagholders will try to gap it up and jam it early, but I think that will be met with lots of selling, which will likely send it much lower.  Lots of folks are hoping for a gap to get out. 

Based on fundamentals, this stock looks like it should be much lower eventually -- it's just a matter of how high they can get it in the morning before it breaks.  I'd be careful not to hold this one if it can't get very far tomorrow, as it has a long way to go down and lots of sellers that will force it lower.