10baggerbamm
OP
骨神
:
I didn't tell you to buy it at 31 I was a buyer the first time around 22-23-24 and then a rally I didn't catch the full rally I sold before it really gapped up to the mid upper 30s however down here I've been pounding the table last week this week today we got a little bit of a rally out of it I think there's a lot more coming
$American Superconductor (AMSC.US)$the past three quarters they have exceeded earnings estimates and the stock has had a very nice move upwards. about January 22nd I didn't check this morning but it's typically third week of January is when the earnings come out. now just as a heads up there's a few things brewing unrelated the potential good cause the market could sell down. one is this dock worker strike throughout the east coast of the United States the 19th is the deadline for them to fina...
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10baggerbamm
OP
:
this morning everything is trading higher pre-market I don't know if we'll see some profit taking today tomorrow because you might have people that didn't want to take capital gains last few days of the month last year for tax reasons do it today it would not surprise me if you see people selling into this morning open just locking in profits. so the 28 strike is what I would Target and I would put orders in it maybe 60 cents or 50 cents it depends where it opens and leave your order in for the day and as long as the market doesn't self destruct and meltdown and crash for some unrelated reason I would keep reentering the order until you get filled.
10baggerbamm
OP
JFL
:
you know that's certainly a possibility... I don't think you would get a panic buy to cover looking at the market.. it still negative on the day. I don't see a reason that somebody would put an order in to buy 70,000 shares immediately you would work an order you'd put 5,000 shares to cover and then another 5,000 shares to cover and you're going to stagger them a little higher a little lower to let the market breathe so it doesn't look like there's one huge buyer trying to accumulate and everybody's looking at a level too and starts raising their bids and the stock starts trading higher. so while it's possible what you're saying I don't think it's probable
10baggerbamm
OP
JFL
:
well you know you asked a very good question and it's certainly a possibility , part of investing is learning a little bit every day. you need to think if you were that person that shorted the stock and you were up $5 picking arbitrary number you're at a profit 70,000 shares five points wouldn't you want to maximize your profit when it came time to cover and close out that trade?? so what would be the best way to maximize profits throw a buy order in all at one time or gradually nibble at it to close out your position. all that being said somebody hit the buy button for 70,000 shares maybe they meant 7000 shares and they're shiting a brick right now because they bought 10x more than what they intended to
10baggerbamm
:
this is where it needs to be bought. I hope their earnings are spectacular their guidance is outstanding they have Great Wall Street coverage last quarter after the earnings they picked up more analyst to follow the company you had a huge gap up after last quarter. and if history repeats itself we are going to have another leg up starting real soon and post earnings knock wood next year we will be back mid to upper 30s again
$American Superconductor (AMSC.US)$I think you'll be able to buy this at $25 or slightly better 24 and 7/8 24 and 3/4 in the very near future. they had outstanding earnings their guidance is superb they picked up several new analysts writing research on the company it's nothing but positive. and if you look at the chart it has the 20-day moving average has a nice upward bias and prior to this post earnings rally it has held that 20-day upward trend for an extended period. so I think with a v...
smoothshoe
OP
Tom’s Jerry
:
I always regret not having bought more shares. But you never know, and hindsight is 20/20. Still, this is how I make my living.
about January 22nd I didn't check this morning but it's typically third week of January is when the earnings come out.
now just as a heads up there's a few things brewing unrelated the potential good cause the market could sell down. one is this dock worker strike throughout the east coast of the United States the 19th is the deadline for them to fina...
they had outstanding earnings their guidance is superb they picked up several new analysts writing research on the company it's nothing but positive.
and if you look at the chart it has the 20-day moving average has a nice upward bias and prior to this post earnings rally it has held that 20-day upward trend for an extended period.
so I think with a v...
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