USU is a CLEAR BUY- GOOD PICK UP GUYs

[whodi]

bought some at 22.55 5,000 shares at 22.56

[whodi]

look at the last 2 days, it traded yesterday inside tuesdays DoJI formation, sell if it goes under 22.25, that is the doji low 2 days ago, should run over 22.92, I got I early because I think it has the strenght to go over 23 anyway


today. http://finance.yahoo.com/charts#char...urce=undefined

[whodi]

market is obviously taking its toll on majority of market, but I still like my position in USU

[whodi]

bought another 5,000 shares of USU at 21.48, bringing my position to 10,000 shares and my position average is now 22.02

[whodi]

check out USU, bounced right off support and its 50 SMA, looks boised for other run. Glad I picked up more on thursday get get even a better price average. Looks like a winner for a 2-3 point.


http://finance.yahoo.com/charts#char...urce=undefined

[Deck]

u ever look at denny's? good nickel stock bud.

[whodi]

I haven't Deck, I don't really trade penny stocks, haven't in a long time. I know there is money to be made but I just dont't trade them.

[stk911]

Whodi......What do you think we should do with the recent news on USU?
Sell or HOLD?
Thanks

[whodi]

sorry stk911, I posted under my thread Positions going into June 12 that I sold on the open, I took a huge loss. I had 10,000 shares, to many shares to keep with this bad news, I sold. What did u buy in on.

[whodi]

I love how this article comes out after the shttt news already.

http://yahoo.reuters.com/news/articl...mktNews&rpc=44

[stk911]

I bought at $22 but only small qty. I was thinking to hang on a big longer to see if it bounces back......but it's not so far.....this one is getting brutal

[whodi]

sorry man, this stock was setting up perfect as far as a technicals, bounced right off its moving averages, pulled back and looked poised for a run again, but thats one thing I have learned in this market. You can research everything about a stock, fundamentially and technically and when shit news or good news comes out, depending on which way the trade is you are pretty much fuked and is out of our control. This news blind sided me.

[whodi]

Originally Posted by stk911

I bought at $22 but only small qty. I was thinking to hang on a big longer to see if it bounces back......but it's not so far.....this one is getting brutal

Its up to you, if u want to try and give it more room, an option you have is to put a stoploss at today's low, and sell at that point. If it stabilized and starts to move up, it can either give u the opportunity to cut losses lower or hold on to it and keep setting stoplosses higher if it starts to move higher.