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Air T Inc. Message Board

  • jinqiu_lu jinqiu_lu Mar 13, 2005 1:50 PM Flag

    AIRT, my view never changed!

    Remember I posted here before, when AIRT started moving down from 21. I said AIRT is in a big down trend started from 35.5, if you draw a line connect 35.5 and 22.5, the two peaks on the chart, you can see it is under the pressure of this line. You just can��t say it is in an up trend until it can stay above this line for at least 4-6 weeks. If it is not in an up trend, then any upside movement is just a bounce, and bounce is bounce, after the bounce, the stock price will continue its trend. That is why I told vd in my email the exit point would be around 19+. It will be the project zone of that pressure line on the chart in the next couple of days.

    Friday��s action is exciting for most long on MB. But any of you ever notice that AIRT is actually closed right below 200MA (17.52) @ 17.41. It might gap thru 200MA Monday in the morning, you know, break thru 200MA is a major development for any stock, and it normally means a major trend change. It will never happen without several tests around 200MA in a fairly long period of time frame, if it doesn��t have any substantial good or bad news.

    Weather Friday��s action is a one day wonder or two, I can��t tell now, but if it does reach 18+ in the morning, why don��t you pocket the profit at the time and get more shares at a lower price in the following days? Are you real think that this thing will keep going up without any pullback or consolidation?

    There are some real strange people out there, just a few days ago, everyone out there was thinking it might see 12, then all the sudden, everyone is so excited, and expecting 24 in a few days? If it can only reach 22.5 with a good earning report in last run, tell me what else can bring it to 24 this time while oil price is heading into 60?

    j

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    • Well said.

      I'll be ready to short if gaps up to mid 18s before mid day, but the last time I checked, I think lots of short shares are locked up, meaning they have been ordered at certain limit price.

      I missed the run from low 14s, I am not about to get in at this point. Tomorrow will determine where AIRT is really going for the coming week.

      Good luck J and the rest of AIRTers.

    • I agree...if everyone could predict everything every time...no one would have losses, would they? and we all know that is not true. The main thing is it was a huge upswing on good volume on friday (first time it was over 2 mil in a month)...that bodes well for some continuation...I am not predicting where or how high it goes...just that it should keep going from here and not go up and die immediately. it is too hard to say sell at a certain point and buy back at a certain point hoping it will go lower before going up again. people who did that on boom recently missed out on it continuing to go up. The point being every thing is different every time.

    • jinqiu_lu,

      You're allocating A LOT of time to this messageboard and have, consequently, provided some interesting perspectives on how AIRT might perform.

      I am, however, starting to feel that this is your ONLY form of entertainment or source of life. Get out more, have a few beers, kiss that woman you've been thinking about for months, go to the beach.

      Only the big boys can predict where this stock will go.

    • excuse me, but that was a delayed print at 17.41...check the intraday chart...it actually closed above 17.52

    • <<If it can only reach 22.5 with a good earning report in last run, tell me what else can bring it to 24 this time while oil price is heading into 60?>>

      Never underestimate the power of a short squeeze. A whopping $3+ gain in one day on no news and increasing oil prices can only be explained by a shortage of AIRT shares. The lucky dude who tried to short but went long after he was told by his broker that AIRT shares were hard to find hit the jackpot.

      <<Weather Friday��s action is a one day wonder or two, I can��t tell now, but if it does reach 18+ in the morning, why don��t you pocket the profit at the time and get more shares at a lower price in the following days? Are you real think that this thing will keep going up without any pullback or consolidation?>>

      Aren't gurus supposed to be unbiased?

 
AIRT
20.83-0.17(-0.81%)Sep 23 4:00 PMEDT