TMTA

[AussieTrader]

Earnings plays are always risky, but I'm with you guys on this one, I just think it is shaping up for the run. I have an open position and I have put it as my entrant into the stock picking comp http://www.3stocksonfire.org/trading/index.php?topic=3487.msg30956#msg30956

Come Tuesday I guess we'll know whcih way this thing will play out.

Great posts and analysis on this thread.

Good Luck

[Terliso]

I have doubt about the earnings Possibly good or bad.... but i will take a position anyway  

[setravis]

I applaud you guys, dwest718, LiveLife for your charts and TA comments.
You also AussieTrader, I seen you have picked it in the stock picking contest....nice pick.... Applaud    Heck why not just Applaud everyone on this thread.

[ScottishTrader]

Indeed,  am in on TMTA as well, picking up some last week when David bought in.  At the moment (and especially reading through the stock picking contest) there seem to be a huge amount of good speculative plays around.  I like TMTAs movement so far, and think this one should be worth hanging on to for next week at least, but if AussiTrader's picked it for the contest, then why not hold it for the month??

GL all 

[David Randolph]

The company said in the middle of August that the profit is unattendable.

They said that "don't expect the same profit this guarter".

That is why the stock dropped since then.

For me, I'd better wait for their earning release before taking position.

Thanks a lot for that input shawFund 

Can you please provide me a link for the complete information on that subject? Thank you !

Ok, if the company were to make those 4 cents in net profits every quarter going forward it would be too much of a steal here. I would be fine if it made just 1 or 2 cents this quarter.

With the current bullishness on the market, specially on technology stocks, I don't mind waiting for the earnings report on the long side of TMTA. Any news will probably be perceived by the market as good news, even if the company reports a small loss, I believe.

Therefore, I'll continue holding TMTA, I'm thinking much more on buying than selling at this point, I still have 20% cash in the 3 Stocks on Fire Portfolio.

Probably tomorrow I'll buy some more stocks.

[BigSully1]

I think the "unattendable" he is referring to is the Forbes article about Piper Jaffray's Downgade, saying that TMTA's current valuation is "untenable". Not exactly sure what that means, but I take it's meaning as "unjustifiable" or overvalued. At any rate, it looked tenable today, but I probably won't hoild through earnings.

http://www.forbes.com/markets/2005/09/02/transmeta-semiconductors-0902markets04.html?partner=yahootix

[dwest718]

A little bit more TA... just something I picked up on by accident.  Basically another possible indicator of another run... check it out and tell me what you think!  I was going to add a little bit of clarification but I kind of forgot what I wanted to say.  I'll post it later though... if I can remember  .

[LiveLife]

Good evening,

Nice gains for TMTA today!  $0.22 (14.57%)!!!

I sold SANM on gains this morning (I bought in at $4.25 Friday (10,000 shares) and sold at $4.52-$4.55) and bought TMTA (26,000 shares!).

Good trading!

[hudsonsgrill]

Xlivelife,  Are you putting in market orders? Cuz I'm having trouble with limit orders getting picked up.  Any suggestions? 

Do you see any similarities in this chart to TMTA's?  Hoping for a breakout here, too!

http://stockcharts.com/def/servlet/SC.web?c=chtr,uu[h,a]daclyyay[dc][pb10!b50][vc60][iLb14!La12,26,9]&pref=G

[LiveLife]

hudsonsgrill,

I buy in blocks of 5K, 10K, and this morning, 26K share block of TMTA.  It's a lot of shares, so I "HAVE" to swing trade only "high volume" stocks.  Yes, I do use market buy/sell, but you must be very careful (I'll explain this in detail on the new "3SOF Knowledge Center" swing trading thread).

As to CHTR, look at the "very messy" chart below and see the "cyclic patterns" of volume (blue ovals) matched to gain activity (blue arrows) that are also matched to rising RSI, MACD and 10 MA approaching 50 MA.  Based on the past patterns, CHTR may gain to $1.50 if gain/volume is maintained (sell as you approach $1.50  ).

Watch the gain activity closely and get ready to sell!

Good trading!

[Terliso]

From  Livelife
("3SOF Knowledge Center" swing trading thread).

Livelife, can you give me the link of that, i can't find it... thanks

[David Randolph]

Aussietrader is in first place of the StockPicking $1,000 Contest with TMTA, so this is already a great pick 

Earnings are going to be out today after the closing bell. The question is hold or sell? What does the market think of the earnings? It thinks they're going to be good, and I'm a firm believer that the market always knows better.

There's money pushing this stock higher, not words. And usually money only moves for good reason. So my decision is to hold TMTA today, and analyze it again after the earnings release after the close.

I think the "unattendable" he is referring to is the Forbes article about Piper Jaffray's Downgade, saying that TMTA's current valuation is "untenable". Not exactly sure what that means, but I take it's meaning as "unjustifiable" or overvalued. At any rate, it looked tenable today, but I probably won't hoild through earnings.

http://www.forbes.com/markets/2005/09/02/transmeta-semiconductors-0902markets04.html?partner=yahootix

Thanks for your comments on TMTA and the link for that Forbes article BigSully1 

The article was published on September 2nd when the stock closed at $1.68. Yesterday it closed at $1.73.

But, as I said «there's money pushing this stock higher, not words.» Money is pushing higher, words are pushing down. Usually money is saying the truth, not words.

So, again, I'll HOLD TMTA.

[jpm]

LiveLife 26.000 buy !!!!!!?

Good luck for you....but...I stow to make pesquicas and have a bad prefeeling for transmeta..Why?

always that a stock goes up 1/2 days before the exit of the apos results... the results goes down..

big exemple:Bidu.com,Amazon,Taser...and

always that a stock goes down 1/2 days before the exit of the apos results... the results goes up

big exemple:Sanmina;Sandisk;Aple;Google...

I waited that transmeta went up moderately but and in 2 days already 40%..e went up thus is a bad premessenger

[shawFund]

Yes, TMTA is the winner for the first day of stock pick competition.

Here is the result (gain >4%):

           open     close    gain

TMTA   $1.54   $1.73   12.34%
SYNC    $4.39    $4.86   10.71%
GNBT    $1.23    $1.36   10.57%
WGAT    $2.79   $3.06   9.68%
AOB     $6.15     $6.69     8.78%
CKCM   $22.14   $23.89   7.90%
HOM     $5.09     $5.44    6.88%
SVA      $5.24   $5.49  4.77%
BMD      $6.07   $6.33  4.28%
VPHM   $23.15   $24.10   4.10%

The market is predicting that TMTA will give a good report and may be it is correct.

I bet EXPE last week that it would give a good report and my bet was right.

I put almost $100,000 on it. The reason is PCLN gave good report and EXPE is in the same business as PCLN.

Market was right on VPHM also.

Hope that market will be right on TMTA.

For the first time, all stocks in the picks are green.

[LiveLife]

Terlisa, I am working on the "draft swing trading lessons" right now...I will post later this week.  I am going to start with stock trading basics to my current swing trading methods.  Essentially, I am going to start the thread as though it was for a "complete newbie" to stock trading. 

jpm, I am in "full on" swing trading mode.  I will take profit on gains (like SANM yesterday $0.30 x 10,000 shares = $3,000  YES!!!  Not too bad for one day "hold"   

With TMTA, I am up $0.08 x 26,000 = $2,080!

I will take profit on gains this morning, or sell if there is a sell off on market open.

All of David's 3SOF 12 stocks are in the green with some really on "fire" like AOB!!!

Good trading.