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socal77go 5 posts  |  Last Activity: Dec 17, 2014 6:58 PM Member since: Dec 26, 2007
  • After establishing a double bottom last week, FUEL strung together three consecutive higher closes, all into a horrible tape. The base was established for a breakout move higher, which happened today. I hate to say this...because I am long the stock and have been so disappointed by it...but it seems poised for an explosion to the upside.

    Even if every trade today was short covering, there are still 3.5 million shares short. If this closes up again tomorrow, the shorts will panic to close and $20 is conceivable before year end. Again...because I am so long the stock and have been so disappointed by it this year, I do not expect the best case scenario to materialize!!!

  • This is ready to rock much higher after establishing a double bottom...however, I have been so disappointed by this stock that I expect this clear buy signal to be a false light.

  • Reply to

    I can't believe it

    by socal77go Dec 14, 2014 6:41 PM
    socal77go socal77go Dec 15, 2014 4:57 PM Flag

    FUEL is up two consecutive days!!! Unbelievable, especially given another horrible tape today. I am long the stock but know it too well to think it will move up tomorrow.

  • socal77go by socal77go Dec 14, 2014 6:41 PM Flag

    So the stock market tanks Friday and FUEL rallies!!! Not only that but finally the large volume trades occur on upticks and the stock closed at its high of the day! All of this suggests capitulation has occurred and the stock is ready to rip to the high teens in short order. However, this is one of the worst stocks I've ever owned and know well enough by now to only be disappointed. I expect 2/3 of Friday's gains to somehow evaporate tomorrow.

  • What does Intel see that analysts are missing? Can FUEL's AI be used elsewhere in Intel's business?

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