Go Back   Sports Handicapping Forum > Welcome Forums > Main Street

Main Street Gambling forums, online sportsbooks, players talk, sports talk, offshore betting, poker, off-topic, etc!

Reply
 
LinkBack Thread Tools Display Modes
  #1  
Old 08-02-2007, 08:27 AM
Registered User
 
Join Date: May 2007
Location: D' burbs
Posts: 1,493
Rewards: 40
Watching today

CROX, SBUX, AHM have a lot of movement after hours and premarket.

Look for CROX to go up early. SBUX reported a good quarter and should move somewhat unless the market tanks again. AHM is strictly a daytrade if you want to play with fire. POT is up a bit and may rebound well today.

Haven't watched much else the past couple days. Post em if you got em.
Reply With Quote
  #2  
Old 08-02-2007, 08:31 AM
Registered User
 
Join Date: Nov 2005
Posts: 721
Rewards: 5
MA

looks like way over sold
Reply With Quote
  #3  
Old 08-02-2007, 09:07 PM
Registered User
 
Join Date: May 2007
Location: D' burbs
Posts: 1,493
Rewards: 40
I don't think MA is done selling from what I can see on the chart. Had a big gap down breaking it's 50 day SMA and closed under yesterday's close despite an up market today.

The MACD's wide open on the bear side and the RSI's been in a downtrend while the price went up the past month and a half. it's barely had an off day since the IPO, might be time for a slide to close up the May 1st-2nd upside gap.
Reply With Quote
  #4  
Old 08-02-2007, 09:23 PM
Registered User
 
Join Date: May 2007
Location: D' burbs
Posts: 1,493
Rewards: 40
I got hit hard daytrading AHM after making two decent trades for $200 gain. Lost thousands. I bought 5000 sh on a market order when it was making a strong move up at $3. Ended up with 5000 sh @ $3.40 which went up to $4.50 in a matter of seconds. As soon as I went for the sell button, it dropped hard. Literally took one second. Price did rebound somewhat for a minute toward $3.10 or so but I was too stunned to realize I should be selling and the price dropped hard again while watched my money go away. Unloaded around $2.38 or something. Did manage to get back about $750 on a bounce at $2.20. Whodi called it nicely @ $2.05 and picked up a tidy gain.

After that I chased it for a couple of $50 gains before getting hit again for about $750 or so. Brutal day and I let my panic guide the trades which killed me.

Sold off all postions including 5000 sh TMTA which I've given up on with no rebound on 2 positive days. Down about $7000 total today. Regroup tomorrow and get back on track. Hopeully a lesson to the guys learning like myself.
Reply With Quote
  #5  
Old 08-02-2007, 10:30 PM
Registered User
 
Join Date: Sep 2005
Location: Ft. Lauderdale
Posts: 5,952
Rewards: 1,622
Shake it off GOODS, happens to everyone. One thing I will tell you is NEVER put a market order in on a stock that is running. You are going to get a shitty price and get screwed, its not worth it. Sucks that you lost all of that money but you will learn from it and the only way to get better is when you make a mistake, learn from it, so you dont put yourself in that situation again. You never want to be chasing, you want to always be anticipating. Tomorrow is a new day to make $$$. Remember, what happen to day is over and tomorrow is just another day to take this market for some dough. Keep your head up.
__________________
Its all about the U

2011-12 NBA: 132-99-5
2012 NBA Playoffs: 34-31-1
Reply With Quote
Reply

Bookmarks

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



All times are GMT -5. The time now is 12:32 PM.


Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2012, vBulletin Solutions, Inc.