Wranglers Trading Zone

[bmarc4211]

Nice short term profit on CSUH.  Any specific reason for the sell?   Also a great call on Amazon, I will be following your lead on this one as well.

[wrangler]

Hi bmarc
No real reason for selling CSUH other than taking some more profit. CSUH is still early in finding a trading pattern for resistance and support since that big run it had.
AMZN : when it was trading at 52 wk high and they came out about not making any profit off the new Harry Potter book then I started watching it for possible short candidate.
AP
Amazon Won't Profit From 'Harry Potter'
Friday June 15, 12:42 am ET
By Jessica Mintz, AP Business Writer 
Amazon Will Take a Hit on 'Harry Potter' Release, CEO Jeff Bezos Tells Shareholders

SEATTLE (AP) -- Amazon.com Inc. has taken more than a million pre-orders for the final "Harry Potter" book due out in July, but the world's largest Web retailer won't make a profit, Chief Executive Jeff Bezos told shareholders at the company's annual meeting Thursday.

Goodluck trading

Nice short term profit on CSUH.  Any specific reason for the sell?   Also a great call on Amazon, I will be following your lead on this one as well.

[wrangler]

DORB : has broken thru resistance and is now trying to make it above 200 DMA. I'm still holding both positions. I feel very strongly this stock will make it above the 200 DMA and eventually see the golden crossover of the 200. Notice I'm using 21 DMA if it was the 50 it is already above the 200 since January.
Most of my charts I post will have 21 DMA since that's the moving average I prefer to use.

DORB : one of my penny stocks in my penny portfolio is trying to break thru resistance of .33. Yesterday it hit .33 but came back down ,,today it's holding steady @.33. Hope this is a sign of a breakout about to happen.
I have two positions in this stock one was @.26 and other was .27

[wrangler]

Bought back to cover my short position @ 68.50

AMZN : took short position today,,Sold short @70.52 when it hit 21DMA

Short play is about to kick in when it drops below 70.00 and stays for the close of the day

AMZN : Keep your eye on AMZN,  potential short.

[wrangler]

JSDA : Jones Soda
Very interesting chart with 22.60% short of float. I don't own any shares but will consider  it when it starts  trading above the 21 DMA.
See chart att. for further analysis
Should have held AMZN longer short but shorting makes me nervous.
Still holding and plan to hold for now
CTIC: Went thru reverse split on this one but have hopes for FDA approval
TVIA: hoping for a buyout on this one
USSE
EFSF: and is now trading at bargain price
PLRS
DORB
SWTS
AMHD: this one I'm not to sure of but still holding
Goodluck trading

[wrangler]

SWTS : one of my penny stocks in my penny portfolio is on the move. Still holding and going to hold for now. I see 500 to 1000% return on this one.

• SmallCap Sentinel: The Breakthrough Deal
PrimeNewswire (Thu 12:58pm) 
• Sweet Success Product Line-Up Now Available on Samsclub.com
PrimeNewswire (Thu 9:38am) 
• Sweet Success Sites Recent Research Indicating That One Out of Three American Newborn Children Born Since 2000 Will Become Diabetic
PrimeNewswire (Tue, Jun 19) 
• Sweet Success Enterprises, Inc. Names The Spizman Agency Its Agency of Record for Its National Media Relations Campaign for GlucaSafe
PrimeNewswire (Thu, Jun 14) 

[wrangler]

EFSF : Another one of my penny stocks in my penny portfolio is on the move
• eFoodSafety.com, Inc. Retains 26-Year DuPont Veteran for Global Commercialization of OraPhyte(TM) to the $100 Billion Nematode Market
Business Wire (Thu 9:45am) 

[wrangler]

MITI : Micromet Inc.
Might be a good stock to put on your watchlist. Has been holding support @2.40 for four months and each time it hits support it pops up and has had good insider buying recently @2.69
I don't have a position in this stock

22-Jun-07 HALE DAVID F
Director 18,165 Indirect Purchase at $2.69 per share. $48,863
22-Jun-07 BENJAMIN JERRY
Director 363,306 Indirect Purchase at $2.69 per share. $977,293
22-Jun-07 OMEGA FUND MANAGEMENT LTD
Beneficial Owner (10% or more) 1,634,877 Indirect Purchase at $2.69 per share. $4,397,819
22-Jun-07 JOHANN PETER
Director 908,265 Indirect Purchase at $2.69 per share. $2,443,232

[wrangler]

CTIC : Cell Therapeutics, Inc.
One of my stocks gaped up today following PR of new Medical Director being appointed. Hope this is the beginning of new uptrend.

Press Release Source: Cell Therapeutics, Inc.

CTI Announces New Medical Director, Dr. Jay Umbreit
Tuesday July 3, 6:45 pm ET

SEATTLE, July 3 /PRNewswire-FirstCall/ -- Cell Therapeutics, Inc. (CTI) (Nasdaq: CTIC; MTAX) today announced that Dr. Jay Umbreit has joined the Clinical Department as the new Medical Director of the XYOTAX/CT-2103 program.

XYOTAX is a chemotherapeutic drug candidate for treating lung and ovarian cancers in women. Specifically, Dr. Umbreit will take over the lead on the PGT307 trial, and be the medical lead on the PIONEER report.

Scott Stromatt, CTI's EVP, Clinical Development and Regulatory Affairs, said, "Dr. Umbreit has joined CTI to head our Xyotax development program. We are pleased to have Dr. Umbreit join our team and to bring his many years of experience to CTI."

[wrangler]

CNXT : Coxenant Systems,Inc.
Bought yesterday @1.44. Like chart showing new uptrend forming and has been trading above 21 DMA. Yesterday was the second touch of 21 DMA since it has gone above it and hope this will be the support of it while it continues uptrend.

[wrangler]

Want to wish everybody goodluck trading I'll not be able to update my thread much from other things happening in my life,,Good stuff happening. I haven't been able to keep it up to date like I would like anyway and now it will be even harder.
For now I have Five positions I'm now holding and these will be long term holdings from one month to one year since I'm not able to watch the market.

All five of these I think will be good stocks for long plays
CNXT
DORB
EFSF
SWTS
TVIA

[wrangler]

CNXT : Should I sell before earnings or hold till after earnings.

• Conexant Systems Inc. Earnings Call scheduled for Thu, July 26
CCBN (Thu, Jul 12) 

Appreciate all comments and opinoins and reason for it

[wrangler]

CNXT : Should I sell before earnings or hold till after earnings.

• Conexant Systems Inc. Earnings Call scheduled for Thu, July 26
CCBN (Thu, Jul 12) 

Appreciate all comments and opinoins and reason for it

Haven't had any respones on this but with todays news I think that answers my question whether to hold or not.

Press Release Source: Conexant Systems, Inc.

Conexant Secures Cable Set-Top Box Design-Wins with China-Based DareGlobal
Monday July 23, 8:00 am ET 
New Receivers to Be Deployed in Jiangsu and Shandong Provinces

NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Conexant Systems, Inc. (NASDAQ:CNXT - News), a worldwide leader in semiconductor solutions for broadband communications and the digital home, today announced that DareGlobal has chosen the company's standard-definition MPEG-2 decoders for two new cable set-top box (STB) receivers that are currently being deployed by multi-service operators in the provinces of Jiangsu and Shandong in the People's Republic of China. Shanghai-based DareGlobal is an international supplier of digital home solutions, and is one of the largest providers of cable, satellite, and terrestrial STB terminals in China.

"China's conversion from analog to all-digital networks provides leading domestic manufacturers such as DareGlobal with a significant new market opportunity," said Lewis Brewster, executive vice president and general manager of Conexant's Broadband Media Processing business. "We are pleased that our cable set-top box technology will play an important role in this country-wide initiative, and that Chinese consumers in Jiangsu and Shandong will soon be able to enjoy high-quality digital programming in their homes."

"Our customers depend on us for high-quality solutions, which is why we based our new receivers on Conexant's field-proven set-top box technology," said Xinyue Huang, president of DareGlobal. "Customer service is also very important to us, particularly when we're launching new products. Conexant's local engineering personnel provided us with superior technical support, which enabled us to streamline our design process."

Dare's two-way cable STB receiver is based on Conexant's CX2415X family of MPEG-2 audio/video decoders. These highly integrated devices include features that support a wide range of advanced, interactive, consumer services. Dare's one-way receiver is based on the company's CX24146 MPEG-2 devices, which has been optimized to provide a cost-effective solution for non-interactive DVB-C based services.

Conexant offers a comprehensive suite of digital STB components and system solutions for worldwide satellite, terrestrial, cable and IP entertainment broadcasting networks. The company's product offering includes silicon tuners, demodulators, MPEG audio and video decoders, and dial-up modems for back-channel applications. Complete reference designs that help manufacturers reduce cost and speed time-to-market are also available, bundled with a range of operating systems, middleware, drivers and development tools.

[wrangler]

Goodluck trading to all

[wrangler]

DORB : one of my penny stocks in my penny portfolio is trying to break thru resistance of .33. Yesterday if hit .33 but came back down ,,today it's holding steady @.33. Hope this is a sign of a breakout about to happen.
I have two positions in this stock one was @.26 and other was .27

Since my first buy of DORB I have sold all but 1000 shares and will hold them for the long term since these are free shares I now have.
The chart is looking so good I was tempted to jump back on but will just hang on to what I have.
This stock could easily double again within the next 6 months. The drugs that they have in their pipeline looks very good for FDA approval and if it does get approval I'm looking for some great gains from the free shares I now hold.