Seeking Alpha
  • Michael Kudrna
    Looking to trim on any bounces. $REXX up 4% and trimming. Will re-position portfolio with higher levels of cash. volumeless rally again? $$
    11/18/11
    Reply (26)
    • John Rayhall: I've been looking at REXX but there is no bottom in sight.
      1/19/12
    • Michael Kudrna: Yea it's no longer a chart I want to trade, it's off to value investors now, not momentum traders like me.
      1/19/12
    • John Rayhall: I like doing both but leaning towards momo now.
      1/19/12
    • John Rayhall: Do you think REXX is a buy at 9.70? It's down big from it's highs. Thanks
      1/31/12
    • Michael Kudrna: very ugly chart...I wouldnt want to take a stab where it falls to as it's looking very weak. Id step aside for now and wait for clarity
      1/31/12
    • John Rayhall: Hmmm ok yes you are a very smart and rational man makes sense I bought a tiny position at 9.50 let's see if the gamble works. I'm nuts lol
      1/31/12
    • Michael Kudrna: be careful, those are tough trades to execute and many times not profitable for very long
      1/31/12
    • John Rayhall: You're I'm basically gambling on this one even though they do have some valuable land.
      1/31/12
    • Michael Kudrna: right...so you'd have to increase your time-frame to execute the trade properly...definitely not my style, dont want to get caught holding
      1/31/12
    • John Rayhall: I like to daytrade and I also don't mind holding if I have to I'm flexible depends on the stock I guess looks like it's at 9.54
      1/31/12
    • John Rayhall: now we'll see where it ends the day.
      1/31/12
    • Michael Kudrna: for day-trades, I tend to go for stocks with very high unusual volume and in an uptrend showing bulls in firm control....easier to daytrade
      1/31/12
    • John Rayhall: That def is the easier path sometimes stocks that sell off big tend to bounce as well I think depending on thereason.
      1/31/12
    • John Rayhall: MK REXX 9.95 pre-market looks good.
      2/1/12
    • Michael Kudrna: a lot of action in it, I just hate all that resistance without more green days. I'm stalking ONTY again and a few others.
      2/1/12
    • John Rayhall: I'll probably sell today. I like ONTY as well
      2/1/12
    • Michael Kudrna: ONTY making me feel vindicated finally....receiving today what I was looking for Friday and yesterday
      2/1/12
    • John Rayhall: Wow ya moving when are Stimuvax results due?
      2/1/12
    • Michael Kudrna: Q1 i believe...notes not in front of me
      2/1/12
    • John Rayhall: That could really propel the stock obviously maybe I'll buy some calls risky though
      2/1/12
    • Michael Kudrna: i hope to be out well before the data is released...Ill be downsizing position today. Has a shelf filing as well
      2/1/12
    • John Rayhall: Usually a good idea to sell the run up into data being released unless it hits which is rare and even then peopel sell the news sometimes
      2/1/12
    • Michael Kudrna: yea i dont like holding into data, thats why I have been day trading this and cutting before the close
      2/1/12
    • John Rayhall: It's a gamble if you do.
      2/1/12
    • Michael Kudrna: options straddles work well though, if you get them early/cheap enough
      2/1/12
    • John Rayhall: I am not an options pro only dabble once in awhile in them.
      2/1/12