Official Let's Make Some Money Off Stocks Thread...
Joined: Apr 2002
Posts: 698
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From: Victoria, B.C. Canada
CLN last $1.31 ... what's this stock really worth, how low will it go? After listening to the audiocast, I see nothing in the works for some time. Sure there is upside in the future, but the future is always uncertain.
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Joined: Jan 2002
Posts: 2,956
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From: Land of the landeaus
Pay close attention to ROCLF this week. There will be an announcement of sorts
regarding financing...this could be a quick momentum choice.
Also, for those who have been thinking about IBZT, the time seems right for a speculative
position with that one.
regarding financing...this could be a quick momentum choice.
Also, for those who have been thinking about IBZT, the time seems right for a speculative
position with that one.
Registered User
Joined: Jan 2002
Posts: 2,956
Likes: 0
From: Land of the landeaus
Several factors, none of which have to do with the company's fundamentals.
Too detailed to go into here but if you're trading this post-FDA approval, bad move.
You want to BUY on the rumor, SELL on the news.
Now, if you're into this for the long haul like me, and don't need this capital to
pay your bills, chill and things will progress nicely in 2004.
Remember, share price means nothing until the day you sell. This was a good
play for a trader prior to the FDA approval (buy on the rumor) and the opportunity
to lock in the profit was there but I passed (regretably but I had no intention of
selling at that time....I'm holding this for a year or more) on selling, even when it
started retracing. Now, obviously had I figured the shenanigans would take things down
to 1.16 or so, I'd have sold but I've lost not one penny and whatever happens between
these two points of buy/sell, it matters little to me.
Too detailed to go into here but if you're trading this post-FDA approval, bad move.
You want to BUY on the rumor, SELL on the news.
Now, if you're into this for the long haul like me, and don't need this capital to
pay your bills, chill and things will progress nicely in 2004.
Remember, share price means nothing until the day you sell. This was a good
play for a trader prior to the FDA approval (buy on the rumor) and the opportunity
to lock in the profit was there but I passed (regretably but I had no intention of
selling at that time....I'm holding this for a year or more) on selling, even when it
started retracing. Now, obviously had I figured the shenanigans would take things down
to 1.16 or so, I'd have sold but I've lost not one penny and whatever happens between
these two points of buy/sell, it matters little to me.