3SOF

just looking at DSTI's business characteristics as well as its trading patterns this may turn out to be short/long term value. 8million in diltion potential just around the corner (to raise capital of $60M). Question for u trading gurus; does dilution events influence ur trading decisions?

I am pasting a chart of HANS which has similar business characteristics (not in the same business!) and may have similar trading characteristics. Also while trading, can I compare 2 stocks in 2 different industries i.e HANS vs DSTI?

http://finance.yahoo.com/q/bc?s=HANS&t=5y&l=on&z=m&q=l&c=

I've made a terrible mistake when I considered that DSTI couldn't move very fast. I've made a two day trade in it, back in the beginning of June (following an eliteG recommendation - he's the Man), and sold it with just 21% profit if I remember correctly.

But DSTI has a very low market cap of just $57M, although the stock is currently trading around $16 a share. Given the astonishing volume I expect DSTI to step on new ground above $17 this week:



With oil price so high no surprise DSTI products are getting more interest and demand:

«Daystar Technologies, Inc. (DSTI). The Group's principal activity is to develop thin-film, copper-indium-gallium-selenide solar cell, known as a CIGS solar cell, for the direct conversion of sunlight into electricity. It is also developing a high-volume manufacturing process that could reduce the cost of solar cell production and reduce the cost of solar electricity. The Prototypes of CIGS cells, produced in batches in the laboratory, have been used on a test basis by the United States Air Force Research Laboratory and Dutch Space B.V. The Group, through its subsidiary, DayStar Solar LLC, resells and installs solar electricity systems for residential customers in northern California. The Group operates in the domestic market.»

(This analysis was part of the Top 10 for Tuesday thread. At the end of the thread I've decided to buy DSTI for the 3 Stocks on Fire Portfolio)

I've started this new thread so later I can update the DSTI analysis everyday after the close until I sell the stock.

I guess I was wrong about the short term on DSTI. I could have bought this much better 

Anyway, I'll design a simple trading plan for DSTI:

1) Cut the losses if the stock closes below that blue short term ascending trendline, which today will stand at $13.72.
2) Sell with a profit if we get a breakout at the technical target of that supposed breakout, which is $16.89-$11.57 = $22.21

Again, the same trading plan on DSTI:

1) Cut the losses if the stock closes below that blue short term ascending trendline, which today will stand at $14.45.
2) Sell with a profit if we get a breakout at the technical target of that supposed breakout, which is $16.89-$11.57 = $5.32+$16.89 = $22.21

its on the move dont know why 

Amazing breakout on DSTI, and the technical target of this breakout is $24.87 

Definitely holding DSTI !

The breakout didn't hold ... but the uptrend is still in place, so I'll continue to hold DSTI, hoping for a decisive push higher !

The ascending trendline support for DSTI is today at $15.34. The stock apparently made a false breakout, and that's not good. But the trend is more important than short term signals, that maybe are just noise. And the trend is strongly bullish, so I'll hold DSTI.

DSTI made it's fourth trip to support and it is now absolutely ready to shoot for a higher stage. The stock climbed about 1% in after hours trading.

I'm getting a bit worried about DSTI. That false breakout was no good. And it is possible for we to have some kind of double top in the making.

I'll give just one more chance to DSTI, today the stock can't go down, or I'll sell at tomorrow's open.

The trades in DSTI today was weird!

What can be going on with this stock
Is it manipulation, or what?

Yep a false breakout for DSTI and it broke 9ema support but found it at the 33ema. It's progress seems to go in spurts of nice white candle 4 day or so pullback nice white candle. I was caught off gaurd by the depth of this pullback and I didn't have the right stop in place, else I'd be out by now.  But I am still in and will watch Tuesday action to see, if it doesn't consolidate or form a white I'll probably be selling.

What an ugly and bearish day on DSTI. Promised a bullish breakout and made this horrible technical bearish signal.

No doubt I'll be selling at today's open. Well, chasing stocks higher doesn't always work, like it did with VPHM and DCEL. I'll take my loss and move on.

On the last analysis I said:

QuoteI'm getting a bit worried about DSTI. That false breakout was no good. And it is possible for we to have some kind of double top in the making.

I'll give just one more chance to DSTI, today the stock can't go down, or I'll sell at tomorrow's open.

My mistake was to say sell only at today's open, because this stock is so momentum driven that a break of the ascending trendline, even just on the intraday, would bring in a lot of sellers with big profits on their hands to take.

So, when I'm suspicious about a stock I should sell at the minimum technical signal, not wait for the confirmation on close.

great trade and exercise of disipline . DSTI dumped as CAFE news of formal SEc investigation came out . All the big runners dumped on the news , CTTY,DSTI etc. Guess they were afraid the same fate could occur with any super high flyer imo.
The success of strategy is not based on a signal trade.

I'm into this stock at 13.90 on the pullback. When you look at the small float (2.4m) and 28% short interest, it's not hard to see how the MMs moved this down.
Class A Warrants are redeemable next week, so when those sell, I see a floor around 13.70 and the buyers coming back in.

Thoughts?