CTTY.PK

Tirebldr · July 10, 2005, 11:20:36 AM

Thank you for keeping this board the great site that it is. It is difficult, for me, to say, enough times, thank you for all your hard work. I appreciate all of you-uns and the advice offered. AND the lack of sarcasm and insults. And the ultimate respect for one another.

Thank You 3SF

cumulina · July 10, 2005, 12:14:40 PM

Applause, Tirebldr.

I think you express the feeling of most (all!) of us here on 3SOF.

It's a nice place to be, and even the sillier of us (me!) get nice, helpfull and polite answars - and a lot of help.

Cheers!

stocky · July 10, 2005, 02:24:09 PM

Comon cumulina you are as good as any other trader. We all make mistakes so I dont want you to take upon yourself again

Tire has truely expressed what we all are thinking.

Heading for a beach with my wife and toddler.

TRUNK · July 10, 2005, 02:30:09 PM

Quote from: stocky on July 10, 2005, 02:24:09 PM

Heading for a beach with my wife and toddler.

Hope its not Pensacola Beach or Fort Walton Beach

cumulina · July 10, 2005, 03:02:05 PM

Are "The Blue Angels" still there?

I used to marvel at their skills as they practised!

Lived there in - 86 and -87.

Liked the place - got to appreciate the friendliness of rednecks, who are extremely friendly and helpfull to "aliens" as I was myself. (Hate the term: alian...not the least bit green!)

Ah - "Rosie O'Grady" ...nice!

Cheers!

David Randolph · July 11, 2005, 05:57:03 AM

Well, I don't know those beaches you're talking about, or those «Blue Angels», but there certainly were nice posts here on CTTY's thread. I want to thank your kindness.

Not in the US, but I have years of experience dealing and talking with people on financial boards (in fact, 6 years of experience - my partner Ramsburg owned a financial website since January 1997, when almost anyone in my country even had an internet connection. He was truly a pioneer.)

Anyway, of course outsiders will come and try to destroy our little (well, not so little anymore) place, but we'll be in charge and with your help we won't give them a chance

Considering CTTY, I don't want to consider it much. Listening to candlesticks I will be stopped out today. But it's not in my mind to change a simple designed plan, which is: stop @$16.34 or hold it for a medium term push above $22.

Melf Elf · July 11, 2005, 02:52:41 PM

QuoteJust 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.

After a rally attempt at the open, CTTY has been under pressure all day today on the break of 17.20 support. It's currently at 15.63 BID...15.67 ASK, down $1.71 on the day. At today's print low of 15.55, ALL of the gains on a 15.56 entry would have been given back. Ouch!

I want to congratulate (and applaud) David for having an exit strategy that protected some of his profits, and more importantly, for executing that strategy. That kind of play will keep you alive in this game. There will be plenty of other big winners. Meanwhile, David (and, hopefully,some others here), has a gain on CTTY, rather than giving it all back. Very good, David!

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

tommyt · July 11, 2005, 05:20:25 PM

I'm perfectly comfortable holding it through more downside, my cost basis is 14.70. Volume has favored the buyers, today's pullback was only 486k. I think there is more to this story, and I'm willing to pay to play.

David Randolph · July 12, 2005, 07:24:17 AM

My stop order was filed at $16.2, good luck tommyt.

I'll keep this stock on close watch ...

Melf Elf · July 13, 2005, 02:00:13 PM

QuoteJust 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

CTTY printed 14.60 this afternoon. Sometimes, these TA pattern targets actually work

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

fill_the_gap · July 20, 2005, 02:22:50 PM

Just started a position after the substantial drop.

$ 17.60 to begin.

atalltexan · July 31, 2005, 08:48:33 AM

Quote from: fill_the_gap on July 20, 2005, 02:22:50 PM
Just started a position after the substantial drop.

$ 17.60 to begin.

Jeff, are you still in this ? I like searching thru the wreckage, a few weeks after the interest has played out on this board. It looks like approx a 50% retracement at present, but not certain that this has bottomed. Because of the huge initial runup, it appears to remain very speculative, and one that could go either way. Welcome your very intuitive thoughts on this one.

small steps · August 14, 2005, 10:56:49 AM

Are there chances for CTTY to rebound to the 17's. Bought high and am stuck. Any comments will be appreciated.
Thanks.

Quote from: David Randolph on July 06, 2005, 12:00:02 PM
The stock showed up on my filters this morning, but I had not the time to dig a bit and consider the stock to be on the 3 Stocks on Fire portfolio. But then, after the market open, tommyt brought the stock up on the Stock Picking Board and that lead me to do some digging.

CTTY is a very small cap stock, it has just 778,184 shares outstanding, considering 3 sources: www.marketwatch.com, www.quote.com and the SEC file for the 1st quarter 2005. With just 778,184 shares outstanding the market cap, at about $16 a share, is around $12M.

The all history chart of the company is this:

The stock shot up more than 300% on the 21th of June because of these news:

Catuity shares soar on software deal

Then there were some developments, the CEO sold his shares and quit the job, the stock had a big pullback and now the short term chart looks like this:

I don't have time to dig more, but I guess the deal with CreditChecks means a lot for a company with just $12M of market cap. The CEO was pretty cautious too, just announcing the deal when it was completed, and there was no relevant activity in the shares before the news.

I'm in @$15.56.

Everyday I will analyze CTTY after the market close until I sell the stock. I always tell I'm going to sell before I actually take action. You just have to follow the answers to this post.

Everyday our team scans and filters 11000 stocks to come up with the 3 best stocks to buy on a short term basis. We run a diversified public portfolio which is up 125% since May 2005. We have great traders in our community which take advantage of short term opportunities in stocks.

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la-onda · August 18, 2005, 05:53:02 AM

updated chart, any TA comments?

David Randolph · August 18, 2005, 07:45:41 AM

That's a three line strike candlestick pattern, which is a bearish continuation pattern. The stock was down a lot of days in a row, so we got a bullish reaction ... that bullish reaction was made without a technical short term base and volume was weak. It all seems like a short covering rally that will fizzle if we get an higher open today.

News:

CTTY.PK