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smitsky

smitsky
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  • Could U.S. Shale Oil Companies Be The Next Coal Companies In Time? [View article]
    Good rally today in Oil names and in XLE and other related ETF's.

    One of my sources also confirmed that commercial traders are long at this juncture. These issues have just gotten too oversold.
    Jul 28, 2015. 11:41 PM | 1 Like Like |Link to Comment
  • Could U.S. Shale Oil Companies Be The Next Coal Companies In Time? [View article]
    You have been right by the looks of it. My longs have languished for the most part, and my long stance on Oil got shattered. Good thing I was nimble and took losses quickly.

    Since peaking on May 26th, the NYSE Composite has been making a series of lower highs and lower lows. Under $10,622 soon, and we'll be more fried than we currently are.
    Jul 26, 2015. 12:45 PM | 1 Like Like |Link to Comment
  • Morgan Stanley calls a bottom in oil services [View news story]
    I would exercise caution here.

    Example:

    The date of this announcement was 7/9/15.

    PTEN (for instance) was trading at $17.62 (closing price). In the next 3 sessions it closed at $18.48 (7/14/15). In the next 3 sessions after that it closed at $16.66 (as of Friday 7/17/15). The issue rolled over like almost all others in this space. That is Bearish.
    Jul 19, 2015. 08:24 PM | Likes Like |Link to Comment
  • Historic Turnaround In Uranium Prices And Equities In The Making [View article]
    Looking back on this Thread. I'm very glad I made the right decision (see above) to sell URG at $1.09 since the issue is now trading for $0.67.
    Jul 18, 2015. 08:49 PM | 1 Like Like |Link to Comment
  • Big move sends oil higher for the week; money exits oil/energy funds [View news story]
    That's a very good question $costavg.
    May 30, 2015. 12:20 PM | 1 Like Like |Link to Comment
  • Super Micro Computer: Buy The Pullback [View article]
    Thank you sfpdf.
    Apr 25, 2015. 01:13 PM | 1 Like Like |Link to Comment
  • Super Micro Computer: Buy The Pullback [View article]
    I don't know a huge amount about SMCI's business. I'm speaking as a trader. SMCI is a small growth stock and the price of these issues tend to swing widely.

    When I traded this stock recently, a prominent trader here asked me why it was down so much when I announced that I had entered it. I replied to her that I didn't know because none of the research I had done seemed to indicate why. IndyPEG who commented above in this Thread reasoned that it was down with the other Semiconductor sector issues because it was a sector-wide problem.

    Now it reported earnings that were not that horrible, and the price of the stock is down almost 28% from its high. Can we come to a consensus here as to why this stock has come down so much?

    One thing I've noticed is that I have not heard of any downgrades. My sources report that there are 7 Buy ratings on this issue, and the consensus price target remains ~$40.
    Apr 24, 2015. 10:07 PM | 3 Likes Like |Link to Comment
  • Yahoo Needs Disruptive Search Technology: Partnerships Are No Longer A Cure [View article]
    You're welcome, and thank you again!
    Apr 18, 2015. 01:29 PM | 1 Like Like |Link to Comment
  • Yahoo Needs Disruptive Search Technology: Partnerships Are No Longer A Cure [View article]
    Thanks a lot. I have it on my buy list. Looks as if it is in an uptrend since the low ~42 in early March.
    Apr 18, 2015. 01:29 PM | 2 Likes Like |Link to Comment
  • Yahoo Needs Disruptive Search Technology: Partnerships Are No Longer A Cure [View article]
    Thank you Alex. Very good article.

    Do you still maintain a Buy rating on YHOO WRT the call you made ~4 months ago?
    Apr 18, 2015. 12:49 PM | 3 Likes Like |Link to Comment
  • Acadia Pharmaceuticals Could See A Big Breakthrough - Cramer's Lightning Round (4/14/15) [View article]
    Cramer is comparing SLB to SLCA? Glad I've been long SLCA from, well you look at the chart...
    Apr 15, 2015. 08:45 AM | Likes Like |Link to Comment
  • Barron's on GE: Sell the news [View news story]
    stocktrader should have held on that day trade of hers (TSLA) from $186.21. She'd be up 13.3% Buy the dips! ;)
    Apr 11, 2015. 05:35 PM | 1 Like Like |Link to Comment
  • Revisiting My Decision To Sell Phillip Morris International [View article]
    Here you go. Barron's article states that PM is one of ten high-quality S&P stocks "with dividend yields of 3.5-5.7% and promising growth potential..."

    http://seekingalpha.co...
    Apr 5, 2015. 08:21 PM | 3 Likes Like |Link to Comment
  • Weighing The Week Ahead: Correction Looming? [View article]
    It's a BDC? OK. Thanks.
    Apr 5, 2015. 06:44 PM | Likes Like |Link to Comment
  • Revisiting My Decision To Sell Phillip Morris International [View article]
    Not at all Mike. Your assessment was exactly correct. I hope my response did not sound like I didn't value your input.

    As I mentioned, Ocean Man has successfully traded PM a while back and he's up almost 3% on his latest entry. I almost followed him in, but I had my trading funds tied up in some other issues and wanted to complete those trades.

    Looking over his trades, the last time he traded PM he gained ~11% in 2 months.
    Apr 5, 2015. 03:39 PM | 1 Like Like |Link to Comment
COMMENTS STATS
279 Comments
184 Likes