As a matter of fact, I think they'll stop earing in China. But first, we need to discuss whether your earing is the same as my earing...
Disclosure: no position yet
Well... I hope y'all bought in the single digits. I did, but I'm kicking myself for not buying enough of it, as this fund is, once again, shooting the lights out. Day like today when gold was up big, only a handful of gold shares managed to outperform this fund.
Chart says it's heading for the 18-20 area. After that, we'll see...
Agreed, dude. At 1.40, GSS took out the 13-mo. old downtrend line that dated back from last March, and intraday, it also took out the 2-mo. old downtrend line that dated back to February.
There's still a longer-term downtrend line that dated back to April 07, but that's more than a double away from here.
Signs of better days ahead? I think so. Looks like the hard work's been done on this stock, and it'd be time to buy, not sell.
Dunno. It looks pretty dismal right here - very little action, and even littler volatility. But it is tip-toe'ing its way up, so it ain't exactly dead money. The key is: we gotta get above 3.07 and do it fast. Otherwise, we're gonna be in ... technical difficulties!
Forget the shorts. There's not enough of them to make a difference - although that number is sure to rise in the coming days and weeks. Right now THC has improving fundamentals and, more importantly, big time momentum in its charts and its share price, and, after this thing gets to 4.00 and build up a 25% short interest, then we'll get to the fun (read: short squeeze) part of it all...
1.60 is likely hell and gone - for the foreseeable future. A more realistic approach would be to take a small position here, and then buy more aggressively on any 10% pullbacks. After today's gargantuan move, tomorrow will probably be your best bet for a pullback. At least this'd be the safer way to play it.
If you have a longer time table (like in months), it ain't gonna matter much whether you buy it @2.00 or @1.80, since this stock is likely to head into the 4's. At least that's what the charts are kinda beggin' for...
Just one man's opinion...
Don't go by the technicals on this one, guys and girls. This stock is trying to pull another fast one on us: the last two pullbacks have both exceeded the get-outta-town, all-bets-are-off, 61.8% retracement - only to shoot back up the very next day.
The old quick-drop and a fast pop trick. It's the 3rd time it'd been pulled on us this year...
Yeah... it's been knocking at 1.54 for three straight days.
Want me to break the tie and make an offer at 1.55?
The thing I like about NED is that it's in a little happy trading range of its own: 2.90 to 3.30. So why not take advantage of it and do some ... batting practice until it decides to do otherwise?
Looks perfect to me!
Thanks much! It's probably the way to go in terms of investing - beats owning stocks of publicly traded companies, which anyone can do without getting out of a chair.
I'll see if I can find out more from the fund, and post the results here. Can't wait...
Not really any "news". The entire hospital-related sector was super strong today. HMA up 7%, CYH up nearly 15%, UHS up 5%, etc. - all on pretty good volume, but nothing compared to THC and its outsized volume. Looks like a real move and I'd be in no hurry to sell any shares. Overhead resistance? Don't see any.
Buckle up and put your helmet and goggles on.
I agree with you - THC is ... fundamentally challenged, and much more so than the other hospital stocks.
But technically, this is setting up to be pretty appetizing: a 5-mo. stable base of around 1, golden crossover a week ago, very good support at around 1.05 - 1.10, and virtually no overhead resistance on its horizon. It all boils down to a well-defined downside risk and hey, I've had enough of HMA after today's surge. So why not?
Could be dead money, I'll give you that...
Take it easy.
Anyone on this board know anything about this fund's largest holding - Queenbury Investments Ltd. ? It is over 10% of this fund's portfolio and I have not the foggiest idea.
Thanks!! The woman did say: "New Oriental" and there was a news flash that said the same. However, I think you're right as I searched on Bloomberg all night for confirming news on EDU and didn't get anything...
Just heard this on CNBC Asia: trading suspended. Inflated cash/cash equivalents on its balance sheets?
Do your own DD. Don't have a positon on this stock - was looking to initiate a position in EDU.
Dunno. At least VGR hadn't made a new low. Reynolds did. MO is gettin' there. And so did countless others.
Given that all the states are awash in red ink and that raising cigarette taxes is like ... the handwriting on the wall, I'd say VGR is holding up pretty well.
My nibble point would be right below 13.50 - under normal circumstances. Day like today when it's broken all support, I'd shoot for 13.25. No hurry whatsoever, as there's simply too much puking going on out there.