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smitsky

smitsky
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  • Checking Stock Quotes Regularly Is A Waste Of Time [View article]
    I agree that this advice does not apply to traders. In fact if you're trading and not watching prices constantly, you're going to get clobbered.
    Sep 15 09:52 PM | Likes Like |Link to Comment
  • Nervous feet over Starbucks? [View news story]
    Well I was thinking that SBUX would finally gather the strength to remain in a steady uptrend and then breakout, but it is having a lot of trouble doing so. I tried to get in on a possible breakout last fall, the the issue wound up falling through it's support level on heavy volume. Ocean Man made a nice trade as a bottom-fisher. So my opinion at this point is: if you want to trade SBUX you'll be better off trying to trade it's trading range rather than a new uptrend because it is struggling unsucessfully to obtain one.
    Sep 14 09:47 AM | Likes Like |Link to Comment
  • George Soros Is Betting Against The Market And Why Investors Should Take Notice [View article]
    Hey, last time I checked George's Portfolio I found XPO Logistics. Thank you George! If you're long Equities, why don't you try that (see what he's holding) along with some trading methodology? That's my recommendation for today.
    Sep 13 10:27 AM | Likes Like |Link to Comment
  • Danger Zone: Glu Mobile [View article]
    Well, any way you look at the fundamentals, the technicals are definitely improving! That was a nice 6% move up today on above average volume. The issues 50-day moving average is coming in at 5.67, and when it surmounts that level, the technicals will be even brighter. Looks like you have some resistance right around the level as well. If it blasts through the 5.75 level, it will be brighter still.
    Sep 8 10:07 PM | 1 Like Like |Link to Comment
  • XPO Logistics Sticking To Its Guns [View article]
    $XPO certainly looks ready to break it's 52-week high of 32.80 and breakout sooner than later.
    Sep 2 03:16 PM | Likes Like |Link to Comment
  • Stay Away From Lululemon [View article]
    Haha forget it!

    I promptly got stopped out at 51.30 this morning before LULU headed much further south.

    I caution against trading this issue long at this time. It sliced through it's important support (50-day moving average) today on heavy volume.
    Apr 21 09:39 PM | Likes Like |Link to Comment
  • Yes, The Nasdaq Bubble Is Definitely Here [View article]
    This is a strange market. The Advance Decline line is hitting new highs and the NASDAQ is pulling back to its 200-day moving average. Small cap and momentum stocks have been taking a beating.

    I still don't think we can say that the NASDAQ in general had a bubble. Even if it moves under it's 200-day moving average, is this proof that there was a bubble? We were discussing TSLA in this article. It has come down quite a bit, but is still way above its 200-day moving average. The stock is around 200 and the 200-day is coming in around 170.
    Apr 20 01:26 PM | Likes Like |Link to Comment
  • Yes, The Nasdaq Bubble Is Definitely Here [View article]
    You make an excellent point. Point well-taken.
    Apr 20 01:15 PM | Likes Like |Link to Comment
  • Stay Away From Lululemon [View article]
    I initiated a long position on Thursday at 51.85. Looking for support of 51.17 to hold. Let's see how this trade plays out. This looks like a good growth stock.

    I'm not sure where the author is getting his information regarding analysts from, but Morningstar reports that 8 analysts are giving this a 4.3 rating from a scale of 5 which is a strong buy, down to 1 which is a sell. Looks like the analysts are bullish to me judging from that.
    Apr 20 01:12 PM | 1 Like Like |Link to Comment
  • Want Alpha? Sell Starbucks, Buy Quicksilver Resources Inc. Part 2 [View article]
    Giovanni,

    You wrote the article on Jan 31st. SBUX was at ~71.

    The lowest SBUX went - very briefly - was ~68.5.

    SBUX is now at ~75.5.

    I called for SBUX to go nowhere as near as low as you predicted in your comments. SBUX has gone nowhere as near as low, and is now beginning to trend considerably higher.

    Let's see if SBUX does a trader better on the long or short side going forward. It certainly has not been very profitable to short it so far - as I predicted.

    Which article do you mean? This article? SBUX was up from when you wrote this article when you made the above comment (Feb. 21st). It is down 6% from which article? I don't see it.

    Jan 31st: ~71
    Feb 21st: ~72.5
    +2%
    Mar 23 03:30 AM | 1 Like Like |Link to Comment
  • Want Alpha? Buy Quicksilver Resources, Sell Starbucks [View article]
    KWK has not gone very far and now the chart looks terrible. This didn't turn out to be the short-term great idea that the Contributor and what seemed to be his assistants had hoped for.

    I'm happy I did not buy KWK.
    Mar 10 10:06 PM | Likes Like |Link to Comment
  • The Untold Secret That Questcor Has Been Covering Up [View article]
    Thank you for this MedGuy103:

    "Thirdly, you implicate by default, physicians across the country of being complicit in a medical scam; this is a very serious accusation and it is without ANY evidence whatsoever."

    This is part of my argument. This is not a new company. If this company or its drug had been a scam - as these people writing these derogatory articles claim so vehemently - why was it not uncovered by the medical community long ago?!

    To my thinking, this is utterly ridiculous.
    Mar 2 11:36 AM | 2 Likes Like |Link to Comment
  • The Untold Secret That Questcor Has Been Covering Up [View article]
    There is a lot for manipulation and distortion going on here. I'm not sure who is doing what, but something is "rotten in Denmark" as they say.
    Mar 1 06:40 PM | 1 Like Like |Link to Comment
  • The Untold Secret That Questcor Has Been Covering Up [View article]
    Yes, and there absolutely should be an investigation by the SEC into this stock price manipulation. I hope that those responsible are found guilty and punished for this disgrace!
    Mar 1 06:37 PM | 1 Like Like |Link to Comment
  • Questcor: Still Too Good To Be True? [View article]
    I agree. This outright manipulation should be investigated, and those found guilty should be punished. As I keep saying, this is ridiculous!

    Again, I'm asking anyone to tell me why that this issue should have been sold off to ~61 on that earnings report. Was the earnings report that bad? So why else did it sell off like this? That Citron report? Where is the proof that there is any truth to this report? I'm waiting to see how this fiasco unfolds. This is a disgrace!
    Mar 1 06:22 PM | 1 Like Like |Link to Comment
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