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Applied Energetics, Inc. Message Board

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  • weewillie08@sbcglobal.net weewillie08 May 16, 2007 5:50 PM Flag

    The stock is working off it's oversold

    So what motivates you to buy or sell? The trend has been down from August to end of last year with a modest rise from first of the year to now, with a 2007 peak a few weeks ago followed by a gradual decline. The fundamentals suggest mediocrity. The positive is the possible contract from government for their IED system, also that is not a done deal. The daily high/low range is not that great which rules out a good daytrade range. What are your factors for trading the stock up or down? No real peaks and valleys, just trends. What were you trying to say in your post?

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    • Specific technical indicators along with 30 yrs experience cause me to buy or sell. IOTN along with some other stocks fits very well (up to now) into my software. I am mostly short-term oriented. I rely on the fact that things change sometimes good sometimes bad, I like to use a stop. I don't do much with options except buy puts occasionally if I have to. I believe that the stock market is a place to try to make money and not for ego validation which is the downfall of most guys.

 
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