3SOF

Keeping an eye on MAMA and LVLT today.

MAMA released earnings, showing a swing to profit in Q4, and the marke is loving it:

http://biz.yahoo.com/iw/070307/0224114.html

Gapping up heavy, currently trading at about $5.90.  Major resistance at 6.00, support around 5.50.  Although it is unclear whether we may see a gap to crap on this one, I reckon if it powers through 6.00 early, it could be in for a major run as day traders jump all over it.  Already well ofver a million shares traded, so it looks like it will be one of the stocks of the day.

Hi Scottishtrader,

This is definitely under my radar (Daytraders).
It has to show strength above 6.00 or wait for it to tank and buy close to support.

Ares

Hi there!
what do you think about MAMA?I think it looks good.
thanks

yes it does, but please, before starting a new thread, do a search (just put MAMA into the search bar at the top) and you will find the MAMA thread that details ongoing discussions about the stock. 

Thanks!

Ol' MAMA is up to her tricks again. Big volume breakout, this time on speculation that they will be acquired by Google.  Apparently this was reported on CNBC this morning, and by the looks of it the speculation may actually have some validity, or at the very least lets hope enough for a multi-day run. I really hope that MAMA doesn't just slide back down once again, as I'm getting a bit tired of that old ploy.  got in at 5.50 - really not a great entry, but I know I need to work on these breakout entries, as I always seem to jump in right before it tops out!!

Looking for a move above $6 tomorrow - if we get it, it would certainly bode well (provided we don't gap up there first thing - UGH!!)

Quote from: David Randolph on November 04, 2006, 06:41:40 PM
Terliso, you still need to tell me how do you get those historical charts from www.stockscharts.com without being a premium service subscriber. I don't need it, since I have Metastock, but I'm sure many people here would like to know how you do it ...

I'm thinking of making an "in-depth" analysis on MAMA.

I'm still waiting Terliso for you to release this bit of know how......

Got you Terliso ! Thanks.......
That's worth another applaud....

Hi,
scottish trader, what do think about this stock?you still have?

thanks

unfortunately not.  We got an uglly candle and I got stopped out this morning.  I think MAMA is really too much of a 1 day mom stock to paly any more.  The ir no trend, just single big volume days that immediately sell of, and I don't think it is worthwhile holding on and just waiting for the next one. 

Unless MAMA can actually develop a trend, I'm staying well clear from now on.

CNIC

Changed Ticker Symbol
'MAMA' is no longer valid. It has changed to CNIC