.....carried on from today's close....
This will be easy pickings to short into!!!
There is an endless supply of idiots who keep filling the wallets of short traders!
CGCO(used to be CGCOC) was a stock that was
halted for over 3 months for public interest concerns,
starting on Feb. 1, 1999. CGCOC eventually got delisted
from Nasdaq and the company changed the symbol. Now
trades as a bulletin board stock in the OTC market. Do
you due diligence on this one because a lot of people
got burned on this one on the first go-around.
rightline split report www.rightline.net
Amazon (AMZN) - AMZN slid lower on Monday, after
receiving another negative mention in Barron's over the
weekend. Tuesday, AMZN lost an additional 4.94 and closed
at 101, and now sits below its 200 DMA located at
102. Investors and analysts are concerned that
Amazon's losses are widening as its expenses increase and
its revenue growth rate slows, according to Barron's.
AMZN looks like a good short candidate on a solid move
under 100. The next support on the stock is down near
the 90 level. We may not reach our entry points right
however, be sure to keep it on your watch
list for the rest of the week. Optionable.
CHECK THE NEWS AND DO YOUR DD....
won't see the 40's again. It's 60+ from now on. CTIX is
making headlines at every news organization and when
newbies start doing their research and see how
undervalued CTIX is compared to the rest of the internets
they will be putting their buys in for the open
Get in while you can for this "classic"
At least 10 is on the
table tomorrow for the early birds.
there will be a nasty net selloff soon! (if we
are not already in the midst of one) -- its way toooo
early in the quarterly cycle for the nets to be this
low. gut tells me we will fall below the june lows by
at least 20% -- watch out below -- hardest to fall
amzn, ebay, dclk, aol, yhoo
I rode it from 107 to 119 a few weeks ago. OK. I
was happy. Then, I lost half of that profit in a
timing-blunder, on BWEB. Ugh.
Went long QWST @ 34.68, and,
again @ 32. Big. I'm Keeping those positions for quite
a while. Years.
Just thought I'd let people
know what my positions have been.
As I am
consistently Negative on AMZN, it is amusing to me that my
one, short entry into the issue should be a profit
from a long position.
I think it simply boils down to momemtum. All the
nets showed strength at the end of the trading day -
shorts sold for their penny profits (needed money for
their Mickey D lunches this weekend) and went flat for
the weekend. Monday, after people realize Greenspan
said nothing new will be into the nets with a
vengeance! I'd look for a big spike on the top tiers.