Smack Talkin' Thread

[netfishmademerich]

I still can't catch up to GNBT!?!?

Oh come on!!!!

[echo]

I still can't catch up to GNBT!?!?

Oh come on!!!!

If GIGM ands up a white candle you might be in first by the end of the day

[Terliso]

I think the HOM earnings will be positve ...HOM took out the resistance today @ 6.99 just 1 cents .. he he he..

If David wants to ride a stock through earnings HOM should be the one, not DIET...

Don't you like what you see on the chart of HOM? this is a stock that should be riding through earnings.
Goodluck ULTRA... HOM is going to be a HOT one!!!

[thai626]

I think the HOM earnings will be positve ...HOM took out the resistance today @ 6.99 just 1 cents .. he he he..

If David wants to ride a stock through earnings HOM should be the one, not DIET...

Don't you like what you see on the chart of HOM? this is a stock that should ride through earnings.
Goodluck ULTRA... HOM is going to be a HOT one!!!

Applaud Terlisa!!

I think I may buy tomorrow morning.............Nice ascending triangle on the verge of breaking out.  Hmmm.........HOM or SIR     Which ascending triangle is better LOL? 

[echo]

Goodluck ULTRA... HOM is going to be a HOT one!!!

Thanks Terlisa. I'm feeling pretty positive about HOM . I just don't know if it will do well enough to get first place in the contest. Well, I do own it in my portfolio which is making me very happy 

[Lucas Scott]

It appears Generex (GNBT) might not win this contest. After Hours last price was $3.38 on volume of 700k according to Nasdaq.com  http://tinyurl.com/egvw7.  Yahoo Finance shows $2.96.

This SmartMoney article was released just before the close and could have something to do with the AH plunge:
http://yahoo.smartmoney.com/undertheradar/index.cfm?story=20060324&afl=yahoo

Some harsh indictments from the article:

"There are some stocks that go up because the smart money realizes that the dumb money will buy when certain news events happen," says Peter Cohan, president of Peter S. Cohan & Associates, a management-consulting and venture-capital firm in Marlborough, Mass., "and this looks like one of those times." .....

At the other end of the spectrum is Generex. It has no approved products on the market. For the six months ended Jan. 31, the Canadian company brought in revenue of $87,500. Its loss for the period nearly doubled year-over-year to $23.4 million. And for the past year, Generex hasn't been able to pay off its debt......

"An investor should say, even though Generex is losing money now in a few years it will make so much money it's worth [seven times] more now than a year ago," says Cohan, the venture capitalist. "I can't see any basis for that forecast. The reason it's going up is because there is a class of investor that will buy it whenever bird flu is mentioned in the news."

[Deadb440]

And I bet all day and perhaps all week long Cohen and Assoc. have been shorting the stock as they prepared for this end of day/week statement....

[Terliso]

Eagerlearner.

Why you did not you lock up ur profit of GNBT for this contest?
GNBT After Hours (RT-ECN): 2.96  0.76 (20.43%)

I don't know if you still gonna win

[Lucas Scott]

If GNBT does not win, it will be the biggest choke in the history of the 3SoF Stock Picking contest. Reminds me of Gonzaga's choke against UCLA a few nights ago. The only valid reason for not locking up the profit is because there are two people who picked GNBT and selling first gives the other guy an advantage, unless you were lucky/good enough to sell at the highest open between now and the finish.

[Terliso]

If GNBT does not win, it will be the biggest choke in the history of the 3SoF Stock Picking contest. Reminds me of Gonzaga's choke against UCLA a few nights ago. The only valid reason for not locking up the profit is because there are two people who picked GNBT and selling first gives the other guy an advantage, unless you were lucky/good enough to sell at the highest open between now and the finish.

What this rule does for?, Eagerlearner is a subscriber so it does not matter if he sells it first or last, so the other person who picked GNBT is already out of the contest.. right? or did they change the rule again?

Rule #07 – In case the winner pick was picked by 2 or more players, the final winner will be the player who did post his pick in first place, with one exception in case one of the winners is an Honours Member (Subscriber), then he will be the final Contest Winner despite the date stamp of his pick.

[echo]

What this rule does for?, Eagerlearner is a subscriber so it does not matter if he sells it first, so the other person who pick GNBT is already out of the contest.. right? or did they change the rule again?

This rule, I assume is for a tie. If one sells before the other than there will be different returns in the end and the nonsubscriber could win if his returns are higher than the subsrciber.

[Terliso]

with one exception in case one of the winners is an Honours Member (Subscriber), then he will be the final Contest Winner despite the date stamp of his pick.

It's clearly stated above...

Ramsburg where r u?

[eagerlearner]

Hi Terlisa  , u are right , i am a subscriber and picked GNBT first, so i would get the prize if GNBT ends up in top 5. Ramsburg confirmed this in a previous msg. Thanks! 
Hi Luke  , ya i could have executed this sell order better to lock in maybe 78% gain. but for the record, i did post this sell order the day before it plunged:

1) Stop Market order GNBT at $3.95

2) Reason: what a great run, but i do fear today could be the exhaustion because of the extradinary parabolic move (the end of a 3 weeks parabolic run) and record high volume.
Intra-day it dipped to $4 3 times and bounce right back. I will protect this 70%+ profit by placing a stop market order at $3.95 , just below the short term support.

In terms of target, i dont have a firm read , will sell intraday if it spikes up big again tomorrow. $5 comes to mind, as it was a resistence back in 2001 (by looking at the chart).  I will change this to a market sell if it rises near $5 tomorrow.

glta

only to later found out we could not place a limit order or a stop order. Note that both of my orders could have been triggered as GNBT did hit top of $5.04 and later drooped near 3.3 .  Its a great blessing we have such a well run contest here , but it could be better if the sell order is more flexible. Because the only reason one can place a sell order before the open is 1) he thinks the stock is gonna drop the same day. 2)the gain is good enuf to win .   That's hard, i couldnt justify myself to make such a call then with 2 weeks left with about 78%. And i wanted to stay in to have more excitement  .
No hard feeling here if i dont win tho, i am quite new at trading , and i am having fun in the contest and learning.   
Couldnt feel more grateful how much 3SOF and everyone here have helped me!

Best of luck to everyone!

[setravis]

Knock em out eagerlearner,you got 61.74% so far in the contest! 
I hope you get another 61.74% come Monday morning....
Applaud the pick......

[eagerlearner]

Thanks for the encouragement Set !  Hawkeye ! (as G always calls u).
u, alone with G , david and ram, were one of the knowledgeable guys here taught me most and made me some mula when i first came to the site in june 2005! Thx man!

As for GNBT, i seriiously doubt it can make new high any time soon unless there is some breakthrough development. It scared lots of investors/speculators and created lots of overhead resistence on that crazy day it dropped from $5 to $3.3 IMHO.  I will probably place a sell order as soon as it spikes near 4.  Hope that will happen  .

Have a greak weekend!