Archive for March, 2006

CPST Stock Sold

March 29, 2006

Just as predicted in my previous CPST Post, the stock broke $3.80 resistance after closing strong yesterday and opening strong this morning. I decided to lock in my profits for the time being on the stock, and sold at $3.90 and $3.91 at the market. I am extremely pleased with the overall play for in [...]

Metal Ores-Gold/Silver Hot Hot Hot

March 27, 2006

I found that the Metal Ores Gold/Silver Industry Group was looking strong last week when scrolling through IBD. Today the group is going to have yet another accumulation day and it surely worth watching. There are a handful of stocks in the group that are hitting new 52 week highs and I think the group [...]

CPST

March 27, 2006

Out of 4 or 5 different trades I made last Thursday and Friday, CPST is proving to be the star of the show. I bought the stock at $3.34 at the end of the day Thursday as it went under some strong buying. It came up on my screener and took extra attention to it [...]

Sirius yields some quick profits

March 23, 2006

Sirius Ran up from $4.50ish to over $5.20 in two days last week on higher subscriber growth; this was oversold news. I shorted 500 in one of my client’s accounts at $5.14 Tuesday, and yesterday the stock fell about 5% to $4.86. Now, I have been watching Sirius after hours and for some unknown reason [...]

03-23-06 Industry Group Watchers

March 23, 2006

Alright, I have some Industry Groups that are just hotter than hot right now that I found while doing some market research. If you don’t dip your hands in these, the ice cream man will leave without you. I will also post this on my blog so I can properly track these picks over the [...]

Wednesday Updates

March 22, 2006

Alright! I finally got everything looking good. I had some complications with the xhtml earlier today. Then, my .htaccess file was screwing visitors up and had to delete that. I am still working on getting the permalinks changed so they are more easy to follow and read (instead of falkin…/blog/?pg=25 it will be falkin…/blog/*postdate*/*posttitle*), so [...]

Selling Stock Short Explained

March 22, 2006

Alright, so you’ve always heard of someone going, “hey, I would short that sucker next week, there is no way it is going up.” You understand the main idea that you are betting a stock will go down, but how does it actually work? Selling short straight forward as is means you are selling stock [...]

Par

March 22, 2006

Word in a Sentence – “Hey Matt, did you see Stock XYZ, I dunno about you man but that sucker is going to par!”
Meaning – Par in stock terms is used to describe $100 per share. Try it out and see how it feels when you say it, sounds pretty good doesn’t it?! Add that [...]