GTN may be a compelling opportunity. Ive been struggling with this stock lately. Some of my other trades have been from awe-some*sto-cks which are working out pretty well.
Long set up. On watch for clear above 14.90. Target: 17.40 at stoxline.
GTN has been solid for me but if I need more stock tips I always check out the-stock*dork. Their stuff has been solid latley... .
GTN has just seen the last of the selling. Looks like a potential push higher is in store. Ive been struggling with this stock lately. Some of my other trades have been from awesom_sto-cks which are working out pretty well.
If we are to go off the RSI then you could argue that a pull back next day or so could occur on GTN before rallying up. awe-som_sto-cks recently alerted this company i think. google them.
GTN appears to suggest upside opportunity. Not sure how awesom_sto-cks finds all these incredible trade ideas but im happy.
I think GTN might have reached its upward limit and that a pullback may be possible. Not sure how awesome*sto-cks finds all these incredible trade ideas but im happy.
The scenarios are quite interesting at current levels for GTN. Yo you should really check out awe-som_sto-cks, they seem on point with their stocks.
Just a quick update. in cash 90-95% for about a week+ now. Took about $500K profit on GTN and $300K profit on EVC. Did buy back just 60,000 EVC yesterday at average of $6.495. Just been trading RAD and T. I have mentioned our of 18 before so I don't post much here or elsewhere anymore. I am still trying to find a few of the old posters. Post and let me know if you are still here. Our group was warned by members that Q3 was going to be soft so we got out before reports. Cord cutting was not a factor. Today, sector down because of what FOX is threatening to do to SBGI and has rattled entire sector. I see GTN and TGNA both in the 12's at least for now. GTN will blow away their Q2 numbers butQ3 is soft. EVC still has aggressive buyer. GLTA DaninFW
Is this a regular after earnings selling or there is some bad news ?
Again, I just don't think there are that many out there. I can't tell by the new Yahoo id's who is who. Our group of 18 is quite impressive and still looking for any of the old posters not whackos. I can't tell who Mike or DC is. Are you guys from years back? None of the info from our group of 18 is insider info. It is gathered from experience and those still working in different sectors in non-public companies. We look at their sales trend in the private sector and relate them to the public sector. We are usually right on. I quit posting a lot because of the idiot Bostonsonics who says one thing and does another. A real nutcase I don't have time to prove wrong every day. I still think GTN will be $18-20 in 6-12 months but there are headwinds right now that will take it to $11-12 IMVHO. I think they will blow away their numbers by a dime or more but guidance could hurt them. Our group sends dozens of e-mails daily many days. I stay too busy keeping up with them. Today is quiet as we are waiting for our re-entry point. I may be adding to EVC soon. DanFW
Posted on EVC an e-mail I shared with group this morning. DaninFW
Good to see you back Dan. I value your insight on these stocks. I wish I had known to get out a few days ago...taking a pretty good beating right now. Don't forget us over here! haha I check every day to see if you have posted.
MAY-2016 Gray Television NYSE : GTN Correlation Histogram
X axis : Stocks Price Correlation Coefficient Y axis : Quantity of stocks May-2016 1,000 Day Parameter 4,338 NYSE Stocks Price Analysis This stock mode of correlation coefficient is 0.9 In other words, the correlation coefficient of the other stocks
If we are to go off the RSI then you could argue that a pull back next day or so could occur on GTN before rallying up. Yo you should really check out awe.SOME-StockS, they seem on point with their stocks.
Happy 4th of July everyone! I plan on getting together with some old Vet friends of mine tonight and volunteering at the VA hospital, so i wont be on stocktwits!
Anyhow, id like to share some of my latest trades. I am out of DRYS and TSLA as of today, out of SNAP and basically all liquid, although I bought more EVC today at 6.50-6.55 range! Congratulations to anyone who shorted DRYS last month with me, just huge gains. My TSLA has almost doubled from when i recommended it too!
What id really like to talk about though is EVC, i have been noticing a new trend developing, MM is letting this drop and picking up cheap shares all the time, it may be American Century, but it is under obvious accumulation, plus i see a triangular pattern developing, I am looking for $8 ST!!!
I am sorry I can not post here more often and give out great information that is correct 98% of the time, but I am just sick of the relentless bullying from the chicken hawks and frauds, accusing me of stealing their identities, wiretapping thgeir phones and sending them viruses, just assinine accusations that i have no time to address.
As far as long term goes, I still believe our nut job, chicken hawk president will spend all his time making fun of the media, making wrestling videos, trying to destroy the FREE press and undermining democracy. I believe it is only a matter of time before he is revealed for the fraudulent chicken hawk brat that he is. I already know this, soon the markets will too and there will be a huge correction. This is why I am mostly liquid right now.
GLTA, Happy 4th and do something for the troops today! Maybe even thank me for once instead of bullying someone who almost died so a bunch of soccer moms could go 4 wheeling and so that you could play golf!!!!!!!
Just an update. I currently plan to trade the heck out of this sector. I am holding GTN shares and sold the 40,000 TGNA shares I bought around $14.47-$14.48 for $14.84-$14.85 yesterday. Plan to swing trade TGNA for quarters and half dollars. Since I started trading this sector almost a decade ago I have been amazed with the volatility. I still see massive M&A coming for this sector. Many are concerned about cord cutting. A recent report showed that in a few years the local broadcasters would jump from $100 million to $800 million a year from cord cutters going to skinny bundles. Margins are higher. Reports come out and people don't understand the dynamics. I may trade some GTN with another pop or two. As I stated before months ago, I sold about 31,000 GTN at $14.50+/- and bought back same amount at $11.75. Currently still holding 131,000 GTN. I never said I was holding till $18-20. I might. I intend to hold or trade it till it gets there. GLTA DaninFW
If we are to go off the RSI then you could argue that a pull back next day or so could occur on GTN before rallying up. Ive been struggling with this stock lately. Some of my other trades have been from awe.some.stocks which are working out pretty well.