3SOF

Quote from: bomson on July 08, 2005, 09:21:04 AMI am grateful to this board for giving me ideas on penny stocks and so much explaination as to why or why not one should purchase a stock or not.  It is a wonderful learning tool for someone like me. So please no one take this post as anything more than my trying to help you that have helped me. I received another email from them yesterday and they say the news is worse.  I do not know if stocklemon has any hidden agendas but please pull up stocklemon.com and read what is being said including a notice of delisting.  Good luck to all.

I give you applause for your due diligence in looking into this stock, and for encouraging others to do theirs.  Both sides of a story should be presented.  Good job.

Great posts here !

Just an observation for anyone looking for a stop:

On the 10 minute chart (below) the chart over the past two days is looking like a Head & Shoulders top.  The neckline is 17.20 (just before 12:00 yesterday) and 17.22 (just after 12.00 today).  If the stock breaks below 17.20, it looks like it could drop some.

The high (Head) was 19.64. The neckline is 17.20.  A break below 17.20 suggests that the stock "could" drop to 14.76 on a measured move:

19.64 - 17.20 = 2.44 points
17.20 (neckline) - 2.44 points = 14.76

That's just the measured move.  Anything can happen with this stock, as we've seen 
I don't have a position in it.  Just enjoy watching the wild moves 

EDIT: Forgot to say notice that volume on the push to 19.64 was much less than the prior move higher, and that volume has fallen off dramatically in the right shoulder (since the 19.64 high this morning).

EDIT #2 - oops...17.20 broke while I was typing.  We'll see if that has any impact.  CTTY bounced back above 17.20, currently at 17.33.

http://ts-lc.sc8.finance.lycos.com/1120850014453?User=demo&Pswd=demo&DataType=GIF&Symbol=NASDAQ:CTTY&Interval=10&Permission=1000&Ht=400&Wd=600&Display=2&Study=VOL&Param1=&Param2=&Param3=&FontSize=10&LocaleID=0x0409

Thanks for the post. I enjoy reading posts about T/A. I don't know how much CTTY will follow it given that these MOMO pump and dumps tend to have a mind of their own, but I do like to read what others see and maybe it does follow the trend someone sees.

Quote from: CTTY on July 08, 2005, 11:29:57 PM
I don't know how much CTTY will follow it given that these MOMO pump and dumps tend to have a mind of their own

Yes, that's always difficult to figure on stocks that are on a MOMO-driven rally, like this one is.  At least there's some sort of pattern over the past couple of days that provides "a logical stop" for those who are long, and who want to protect some of their nice profits from the 15.00 range, where some of the board members entered this stock long.

The $17.20 neckline broke at 3:15PM, but it held up at the close.   CTTY finished at 17.00 in after hours trading, however, so we'll see how that plays out on Monday.

Bottom line: I agree with David's point about a trailing stop, and about not giving back all of your gains in a stock.  BTW, I think you misunderstood David's comment about risk.  There's ALWAYS risk in the stock market, of course.  I think David was saying that with a gain like he has in this one, and knowing that he isn't going to give it all back, he didn't see a whole lot of risk in taking that kind of approach.  If he sells some in the 16.00s (which is his plan), even if he ends up taking a small loss on the rest, he isn't going to get clobbered.  So, not alot of risk.

You're new here, so welcome, and I gave you an applause to remove one of those smiley faces you got for being "slightly rude" to David    Being new, I think you misunderstood him, and possibly what this board is about.

David likes the MOMO stocks, thus the 3 Stocks On Fire moniker.  He doesn't pump and dump, like we've all seen on other internet boards.  He's up front with everybody, and posts his trades BEFORE he takes them, or as he takes them, and he posts when he is going to sell.  While David likes to look at fundamentals, he isn't overly concerned about them.  If a stock has volume and meets his criteria, he'll play it, even if the company isn't profitable.  He plays the chart.  Whether we agree with his approach to playing the market or not, at least he's honest about what he's doing.

Again, welcome.  If you stick around, I think you'll enjoy the wonderful spirit of helpfulness that exists here, unlike any other board that I've visited.  Good luck with your trading!

Hi David ,new to this ,but I really like the site ,to day I found a new site buyins.net ,they keep track of naked shorts ,so may be it can help the investing comunity
and sorry if this get posted on the wrong board as I have yet to master the message board and it is obvious that computer is fairly new techn to me

This message board is clearly being used for propoganda purposes as I was sent an email asking to change my name as it wasn't considered appropriate; before I even had a chance to change it, it was promptly changed for me and I was emailed a new password. If you can't choose your name or to say what you want to, or aren't allowed posting because you oppose the thoughts here, isn't there something wrong? What's the difference between this and communism? This stock is being pumped and dumped by people like the ones heading this board, and I just hope no one here falls for it. CTTY will be back at $5-8 after all of the pump and dumps are done. It may hit $20 or $25 before then, but the stock will find its true valuation again which is in the single digits.

Here is the email copy and pasted so everyone here can see it...


"You have just been sent a personal message by Ramsburg on 3StocksOnFire.org.

IMPORTANT: Remember, this is just a notification. Please do not reply to this
email.

The message they sent you was:


Hi,

Could you please change your name on our board ?
Just go to your profile:
http://www.3stocksonfire.org/trading/index.php?action=profile
Then chose «Account Related Settings», then you can change your name.

This is a serious but friendly board, and I don't think a nickname like
«CTTYISAPUMPANDDUMP» follows the spirit. I must remember you this not Yahoo
Finance or RB boards, and I'm sure that if you want to use our comunity, you
must have some kind of nickname more appropriate.
We welcome all new users, but we are trying to be different here, from all the
other boards on the net, ok ?

best regards,

Reply to this Personal Message here:
http://www.3stocksonfire.org/trading/index.php?action=pm;sa=send;f=inbox;pmsg=814;quote;u=22
"

I don't know about anyone else, but CTTY is not in my 401K or my kids' trust funds.  It's called speculation. The money I use is for technical corrections, momentum...etc. The Risk is understood. Maybe you should take a look at "About US" before you post your doom outlook on CTTY. Do you see anyone else posting like you?
Maybe on Yahoo. This is quite different.

So this is only to bring in Yahoo posters to suck them into thinking CTTY is a great stock? Randolph's trailing stops are a great idea and everyone keeps talking about how he can't lose money since he uses them, but I will tell you how he can. The stock comes out with news of completion of equity financing, which the company has already said is coming, and the stock tanks. Why? Because no investment firm would take a stock trading at such ridiculous levels so it will be placed at well below market prices. COI did this and look where it went from, and is at now.Trailing stops don't work on gap downs.

I think that the message that was sent to you was both polite and friendly.

When I first saw your former alias, I was wondering what your agenda was?

This board really IS frequented by helpful, serious and friendly people.

If you have something negative to say about a particular stock, people will read it and comment.
But just being negative isn't enough - you'll have to back your personal opinions up with something - rumours, analysis, facts - something!

What THAT have to do with communism, I really don't know!  

So: rethink it, and if you like the spirit of the folks here, then you are surely welcome.
If you don't like it, well then there are lots of other boards.

Just my friendly opinion.

Cheers!

Look, we all need to relax. Nobody is sucking posters to do anything. If I could suggest something:
You haven't been here long, maybe a few days, so say you just sit back and watch, look around, see  the opened and closed trades, read the other many great posts that are not David's. I think you will find there is a lot of good advice/observations here for free that would otherwise cost you considerable money elsewhere.
Ranting over one paticular pick is not the general tone of this site, in my opinion.
Many happy future profits for you.

CTTY here no one is forcing anyone to buy or sell any particular stock. Infact I even posted my comment and 'sentiment' about the stock. It was not meant to scare away or attract, but help other traders realise some risks involved with fast movers [Though I traded IIJI myself for a day trade ].

We welcome any disent but comon dont make this place another Yahoo MB I am sick of that place, quite frankly.

Dear CTTY,

I don't think you cached the all concept of this website, and the value of this community.

We are a T2T project (from Traders to Traders), our community is growing fast, in numbers and quality. We all work on a friendly environment, we all communicate on a polite way, and the main goal of this website is learning with each other.
Personally, as an Administrator, I must protect this friendly environment! Even, if that means losing 1 or 2 members of this community (collateral damage).

BTW, no! I'm not a Communist (why communist?), neither a Dictator... But trust me; we are not Anarchists as well...

As you can see, I didn't delete any of your posts yet!
So there's your freedom of speech !
I changed your nickname myself, but not before I sent you that private message about that... and because I don't believe it was appropriated here.
You now have also the freedom to chose if you want to stay around on a polite and friendly way, or go away (there's plenty of message boards all around the web).

Nobody is doing any pump & dump scheme over here !
Following 3SOF's picks it's not the goal of this project, the point is to learn from the open portfolio we are managing... sometimes we lose, sometimes we win... Our performance although is 125% during 2 ½ months, using a diversified portfolio.
We win in every profit we made, and we also win in every loss we take (we try to learn from that). This way, it's a win + win project.

But the message I was trying to send you, was just about the way this community works:
Friendly & Polite Traders changing Trading Ideas and Market Knowledge!

If you can't understand that the way you just entered the board wasn't polite & friendly... try to imagine somebody entering your own house on that fast way... I can't do much more then that...
We have other 1847 members... and we have the all market to analyse, so there's a lot more important things to do right now, then talking about this...

Welcome, or goodbye ! (You chose)

Best regards,

Goodbye.

QuoteWe have other 1847 members... and we have the all market to analyse, so there's a lot more important things to do right now, then talking about this...

Very true, but I'm glad that you, Stocky, tommyt and Cumulina took the time to show what fair, tolerant and kind people you are.  I give all of you applause.  It is a pleasure to T2T with such fine people.