Selling Orders (4th Edition)

[Ramsburg]

Stock Picking Contest (4th Edition - From 06/Mar/2006 to 10/Apr/2006)

- SELLING ORDERS -

To Submit your Selling Order, reply to this Topic following the Standard Layout:

1)   Selling Order
(Ticker & Name of the Company)

2)   Selling Reason
(a small text, featuring the reasons why you are selling your position).

-> Your selling order will be executed on the next opening price after the time stamp of your order

Important: Do not use this thread to another purpose rather than submitting your selling order. For organizational purposes, any reply that is not a selling order will be deleted.

[shawFund]

Limit Sell order EONC at $3.20.

Reason: EONC is a speculative play and I expect it will release good report Thusday. But I am not sure whether it is good enough to make a new high.

If the earnings are really good, it may go up and $3.4 is a strong resistence.

************ MSG from Ramsburg ************
Please, no limit / stop orders in this contest.
Only market sell orders for the next opening price
*****************************************

[eagerlearner]

whoops, didnt know we cant place stop order here , please disregard this order, i will place an order before market opens , if condition permits   
Sorry Rams 

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

[wrangler]

LVLT : LEVEL 3 COMM INC

Reason for sell : With news out and causing a gap up I'm selling due to the gap that usually has to be filled and even if it wasn't, had I owned this stock I would still be happy with the return I would now be getting.

******** MSG from Ramsburg **********
order accepted, will be sold tomorrow at
the open price.
***********************************

[boatguy]

Sell AFOP- Alliance Fiber Optic Products Inc.

Nice run for AFOP yesterday. For the puposes of this contest I think it is time to sell and not look this gift horse in the mouth.

JDSU, AVNX and FNSR down slightly so Alliance may follow.

[cache00]

Excellent pick and good timing boatguy, congratulations on your gains. Great back to back performance!

[boatguy]

Thanks Cache,

I see you are in the top 10 again as well, good Job!!