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SSTR

Started by miris, August 31, 2007, 01:07:19 PM

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BigSully1

Quote from: Livana on September 28, 2007, 12:14:37 PM
Sold SSTR @ 4.52.  100% profit... me like  ;)

I'm not so sure you should have sold just yet. I only have about a 33% profit. Am I greedy?

kslifka

SSTR should trade close near the high of the day...(where ever that is)...since it's well over the float.

Livana

Quote from: BigSully1 on September 28, 2007, 12:47:11 PM
I'm not so sure you should have sold just yet. I only have about a 33% profit. Am I greedy?

Not sure BigSully... I think ks is right and it will close higher.  You might want to hold a bit.  We're already at $5.23.  Do I regret selling? Off course.  But I though that with 100% I should consider myself happy.

BigSully1

Quote from: Livana on September 28, 2007, 01:07:38 PM
Quote from: BigSully1 on September 28, 2007, 12:47:11 PM
I'm not so sure you should have sold just yet. I only have about a 33% profit. Am I greedy?

Not sure BigSully... I think ks is right and it will close higher.  You might want to hold a bit.  We're already at $5.23.  Do I regret selling? Off course.  But I though that with 100% I should consider myself happy.

I understand. You guys did a superb job. Just wish I had followed you  guys earlier. I'm going to let er ride for now.

etercnoc

If it breaks through $5.60 with volume should see $7 easy. If you look at pe value/growth this could fairly trade at $12-15. Im not saying its going there this week just saying it would be justified. Im holding for more news this week.

etercnoc

Sorry me again . Also wanted to add that stocks that have broke out lately have been running for 3-5 days. May be an interesting week.

miris


WallStreetnBio

It looks like SSTR will bounce off the 20 day moving average for the third time. This stock is extremely undervalued trading under 2x revenue. 2008 revenues are supposed to be over 40 million and the market cap is 62 million. The industry average is 2.6x revenue. This would put the stock price of SSTR at $5.77.

Now take into effect the growth of SSTR and it should trade at a premium on the 2.6x revenue to its peers.

Take a look at the book value of SSTR compared to its peers such as ERTS. SSTR is very undervalued.
#1  CDS
#2  XING

bjc

Technically, I'd look for a bounce off the $3 level when it closes the gap.    This one's too tiny for me though.

WallStreetnBio

Are investors forgetting about the JACKASS video game coming out? The revenues are almost higher than the market cap. This is rediculous. JACKASS isn't just another racing or fighting game. Its a niche video game with a massive following. JACKASS will be SSTR's cash cow. Come on people wake up! This is a 3 bagger by XMAS!!!
#1  CDS
#2  XING

WallStreetnBio

It looks like its going to stay above the 20 day moving average for now. It also looks like the spring is being coiled with the bollinger bands coming in.
#1  CDS
#2  XING

bjc


WallStreetnBio

Finally closed the gap at $3.00. I added more shares at $3.00.  Looks like we bottomed and will move higher.
#1  CDS
#2  XING

joet

50 sma is still down around 2.26, but look at the volume that was purchaced above 4.50.  All the volume traded in days since does not equal it...  some big boys are still holding this IMHO.  I am holding and will add around 2.70 or if we see some life in the volume.  I am surprised also that his sell off has continued!!

Lets see where it takes us.
Cheers joe

Livana

I have had a buy order opened at $2.82.  It almost got filled today.  I'm hoping tomorrow will be it.

Have you guys seen today's drop in the DOW? -362 points... ouch!  Good for my IRA contribution going in tomorrow though  ;D :D