Seeking Alpha
  • Michael Kudrna
    $NOG looks like it may be ripe this morning for a breakout and short squeeze run. $FTK and $BYD look healthy as well $$ #KSMT
    1/19/12
    Reply (43)
    • John Rayhall: I just bought some 26.35 decent size position
      1/19/12
    • John Rayhall: Forgive me for piggybacking you lol
      1/19/12
    • Michael Kudrna: Added some NOG and FTK this morning, BYD may finally be setting up for a pullback as bids look a bit frothy
      1/19/12
    • John Rayhall: Should I dump BYD? Up 17%
      1/19/12
    • John Rayhall: Actually like 18% It looks pretty strong actually hit 9.05
      1/19/12
    • Michael Kudrna: I don't dump a stock, I trim and then let a profit stop loss take me out if anything. I still think it has upside towards 11, but....
      1/19/12
    • Michael Kudrna: I can not believe it hasn't pulled back yet at all to give an opportunity to buy back some
      1/19/12
    • John Rayhall: Ya that makes sense. It looks good though especially if the market stays strong.
      1/19/12
    • Michael Kudrna: market broke under 1310 and trying to hold at 1308....only the overall market can damage these plays it seems
      1/19/12
    • Ocean Man: I joined you on NOG this morning.
      1/19/12
    • John Rayhall: They're high risk high beta type of stocks so ya if market stays strong they should go up. Nice brothers in NOG! Ha
      1/19/12
    • Michael Kudrna: FTK already doing well, NOG needs a little kick, 26.50 looks like some resistance on level 2, some decent sized asks at times
      1/19/12
    • John Rayhall: http://bit.ly/xBjOi8
      1/19/12
    • Michael Kudrna: Good read, seems to be the same chatter on it over and over again among everyone else. Nothing new, but numerous articles agreeing with it
      1/19/12
    • John Rayhall: Ya I think over time many of these will be bought. Hey do you like SPN? I bought it yesterday and sold on the pop this morning but is it a
      1/19/12
    • John Rayhall: good long term play?
      1/19/12
    • Michael Kudrna: FTK has some decent sized sellers at 13.50 per the L2 holding it down, above that and it may run fast
      1/19/12
    • John Rayhall: Kinda wish I bought FTK instead of NOG right now. Sick how we always want instant gratification now lol
      1/19/12
    • Michael Kudrna: keep your positions smaller and buy 2 instead of 1 larger one. NOG could be taking a hit with nat gas plays and other oil plays pullingback
      1/19/12
    • John Rayhall: I bought some FTK as well no cash left going for broke I'm a risk taker ( I guess) Good luck to all of us!!!!!!!!! :)
      1/19/12
    • John Rayhall: My good friend who is a CFP yelled at me when I told her that I just bought FTK she said it's way overbought I told not to worry about it ha
      1/19/12
    • Michael Kudrna: Im looking to trim some FTK today, but analysts are looking for 15-16. NOG taking another shot at making new highs
      1/19/12
    • John Rayhall: I'll take $15 on FTK at what price per Iron maiden will NOG shorts run to the hills?
      1/19/12
    • Michael Kudrna: Dont know, expected it by now, but 26.50 area had some big sellers on level 2 so that could be the line. dont be surprised if FTK...
      1/19/12
    • Michael Kudrna: pulls back before going to 15. a straight shot up is unlikely
      1/19/12
    • John Rayhall: That's ok I'm going to be patient with both.
      1/19/12
    • Michael Kudrna: always make sure you have cash on the side to execute the trade correctly
      1/19/12
    • John Rayhall: Yes I usually do I have actually had the best month of my life this jan I hope it never ends lol
      1/19/12
    • Michael Kudrna: Oil and Gas Exploration sector red on the day now, that will put pressure on NOG
      1/19/12
    • John Rayhall: ya it just can't break the mid 26s
      1/19/12
    • Michael Kudrna: Considering the frothy action in the markets and red sector, it's doing pretty damn well.
      1/19/12
    • John Rayhall: Oh ya def is. I sold most of my BYD by the way got stopped at 8.91
      1/19/12
    • Michael Kudrna: I'm down to only profits in BYD. My only 2 real positions of any substance, but not aggressive in the least bit are FTK and NOG now
      1/19/12
    • John Rayhall: FTK I bought too high no big deal. NOG making a late day run maybe. BYD may be actually selling off a bit.
      1/19/12
    • Michael Kudrna: yup, you beat me to it. NOG making another attempt
      1/19/12
    • Michael Kudrna: i think this is a buying opportunity in FTK at 12.80 area. It was a drift down, not a sell-off. Bulls still holding their stakes
      1/19/12
    • John Rayhall: I know Ocean likes NES and many others as well but all it does is go down I may sell that and get some more FTK
      1/19/12
    • John Rayhall: My gut tells me NOG is breaking through this time I can feel it!!!!!!!!!!!!
      1/19/12
    • Michael Kudrna: I hope so...I'm the most disappointed bull in it who's very profitable simply because I havent gotten the short squeeze surge I wanted yet
      1/19/12
    • Michael Kudrna: Just make sure whatever you do, you have enough cash to ride out potentially bad earnings tonight and volatile options expiration tomorrow
      1/19/12
    • John Rayhall: I'm ok I'll make it through it. I like the fact that it is actually rising now while some others have sold down.
      1/19/12
    • Michael Kudrna: OM: You still in NOG?
      1/19/12
    • Ocean Man: I sold 2/3 at 26.62. Took a 1% gain, a bit scared of the tech earnings tonight and other oil stocks taking hits today. Riding the last 1/3.
      1/20/12