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Old 10-29-2007, 07:20 PM
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Whodi, opinion please...

Check out SOHU. Great run on big volume. Earnings and guidance beat estimates. Wish I would've caught the breakout Sep 12.

I get confused a bit looking at big gains after the fact. Wondering if there's room for more here. What do you think?
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Old 10-29-2007, 10:56 PM
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To hard to predict IMO Goods, Stock closed over 58 in afterhours. You maybe able to catch some follow through tomorrow but I would be careful with it. I personally don't buy stocks that have had such huge runs like this unless I am daytrading it based on technicals and the market on that day. Wouldn't be surprised to see it open up on a run and if we head a little south, could see some short-term shorts jump on it and profit taking, which would give you a shorting opportunity or if we have a solid day, may be able to jump on it for a few points but don't be a chaser. Missed the run already, no sense in jumping on board unless strickly daytrading, again JMO
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Last edited by whodi; 10-29-2007 at 10:57 PM.
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Old 10-30-2007, 12:21 PM
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Thanks W. Didn't plan on trading it unless it was obvious but I'm weak at reading volume, hence the advice. Always appreciated.
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Old 10-30-2007, 12:30 PM
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NP Goods
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