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Marty Chilberg's  Instablog

Marty Chilberg
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I'm a retired CPA who spent the majority of his working career in technology companies. My work included management stints at Atari Inc, Daisy Systems Corp, Symantec Corp and Visio Corp. My last position at Visio (VSIO) was as CFO and VP Finance and Operations.
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  • Stock Threads Added On Bridgeandtunnel

    I'm involved in building an investor forum for retail investors in hopes of having a place to upload files, and fundamental/technical information on subject stocks and macro trends. Still only a couple of weeks old, but now have a solid base of content to build upon. Expect to post longer blogs and articles here with links, files and short posts there. Ping me with thoughts or suggestions.


    Aug 18 8:17 AM | Link | Comment!
  • NPS Pharmaceuticals: Upgrade Lost In The Macro News

    NPSP is one of my bio basket investments but I'm looking to add to it and make it a full investment position. On Friday the stock didn't move much given FBR Capital initiating coverage with an overweight rating. Company is transitioning to a profitable entity with minimal dilution risk. Gattex is currently showing solid sales and a 2nd drug, Natpara is in stage 3 clinical trials with possible FDA approval by end of this year. Additional information will be posted here.

    Disclosure: The author is long NPSP.

    Aug 16 11:52 AM | Link | 2 Comments
  • Sequenom: Technical Analysis Example

    8/15/14 Stoxline is a good one to read to understand a little about technical trading indicators.

    Note the headline: Stoxline rating system posted a SELL today, downgraded from higher rating. This stock seems to be ready for a new bearish move. So you may continue to hold short positions or sell your long positions. You are relatively safe to short or sell now, downward move is expected.

    Now look further into the algorithm detail report:
    Price and moving averages has closed above its Short term moving average. Short term moving average is currently above mid-term; AND above long term moving averages. From the relationship between price and moving averages; we can see that: This stock is BULLISH in short-term; and BULLISH in mid-long term.
    SQNM has closed below upper band by 39.4%. Bollinger Bands are 16.2% narrower than normal. The current width of the bands does not suggest anything about the future direction or movement of prices

    Algorithm info:
    Six months: 4.77 One year: 5.57

    Support1: 3.75 Support2: 3.55

    Resistance1: 4.08 Resistance2: 4.77


    Summary: Stoxline is an example of technical trading. Computers are generating a ton of trading volume these days and algorithms are creating buy/sell momentum. Their conclusions with SQNM:

    Price above moving averages with short term and long term trends bullish.
    Down side support (resistance) at 4% below close
    Pivot point 1% below close
    6 month price target $4.77 up 22%
    1 yr price target $5.57 up 43%
    Conclusion: SELL

    Personal opinion: Retail traders can't compete with computers so fundamentals are far more critical to long term success but use technical info to improve timing decisions.

    Disclosure: The author is long SQNM.

    Aug 16 10:28 AM | Link | Comment!
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