Seeking Alpha
Seeking Alpha Portfolio App for iPad
Finance
(1)
  • eabyrd
    Finally! A pullback in $SWHC! Been wanting in this one for a while. Keeping an eye open for signs of sell off exhaustion.
    8/15/12
    Reply (19)
    • Mercy Jimenez: Me too eabyrd!
      8/15/12
    • Funkengruven: Huge volume...
      8/15/12
    • cn_habs: which particular signs are you guys waiting for?
      8/15/12
    • briandiplacido: Bought the dip earlier today.
      8/15/12
    • cn_habs: 8.75 here
      8/15/12
    • eabyrd: The 50dsma has held fairly well for a while. The dip below during May-June recovered easily on earnings. Currently around $8.
      8/16/12
    • Mercy Jimenez: I tend to use TA more 2guide on trend; I really do try 2buy mostly during meltdowns 4whole market/sector/ or 4indiv stocks after headlines
      8/16/12
    • eabyrd: Spot on, Mercy. Do you think potential conflict in the middle east (Iran-Israel) would push them higher? $SWHC $RGR
      8/16/12
    • Mercy Jimenez: Good question eabyrd; IMHO "fear" generally breeds interest in these stocks; don't "appear" to have much fear right now -- fat dumb + happy.
      8/16/12
    • Mercy Jimenez: Take a look at trend lines on SWHC e.g. started rising well before 3/09 bottom while fear peaking; may also depend on '12 election results
      8/16/12
    • eabyrd: Probably wouldn't hurt to fill that gap down to $7, either. But that's a steep trend, esp if you go back to Sept 2011 lows.
      8/16/12
    • Funkengruven: Don't forget the whacko rumor of "December 2012" doosmday (which I don't believe). Do u think it will impact gun sales as we near December?
      8/16/12
    • z28gator: Bought in again yesterday at $8.05 after selling a week or so ago at $9.50. I'm predicting a 5% today. Hope I'm right!
      8/17/12
    • briandiplacido: Was stopped-out of earlier trade for loss; but liked action this morning; trying again @ 7.93.
      8/17/12
    • eabyrd: $RGR chart looks less daunting. $SWHC seems to have further to fall...
      8/17/12
    • briandiplacido: traded RGR twice lately. good stock. out of SWHC @ 8.15.
      8/17/12
    • cn_habs: finally green after the downgrade
      8/17/12
    • briandiplacido: 4% intraday reversal. Maybe get back in. eabyrd has good point though. 7 is a long way down!
      8/17/12
    • briandiplacido: I am curious if the more experienced folks think the bottom is in.
      8/17/12