My Stock Value Strategy Starts Now (2 Viewers)

[David Dodds]

added 10,000 PRGN at 3.67-3.68 (mostly 3.68). Might be crazy buying this now, but I am too busy to watch the market like a hawk. With the 5,000 shares I bought previously at 3.40, I am into 15,000 shares at an average cost of 3.58.

 

[ODoyleRules]

I did a market order for 1,000 of PRGN on Friday at 3:02PM central time. It processed this morning so I'm in at 3.68. That 2 minutes cost me ~$300.

 

[NYG Endzone]

Bought 500 SCO at 29.24. This seems like a steal.

Wow you caught a nice price. I'm in at $29.47We are both good here I think. I saw it hit 29.12 on my screen right after I pressed the button on a market order, but was happy with anything below 29.40. I think we will see this jump up nicely either by the close or by Monday morning.

I got porked as I am in at 400 * $29.56

Sold @ 28.48 ($470).Now siting at ($60) on my "trade money".

In for $2K PRGN @ $3.69

Out of SCO?

 

[The Ref]

Bought 500 SCO at 29.24. This seems like a steal.

Wow you caught a nice price. I'm in at $29.47We are both good here I think. I saw it hit 29.12 on my screen right after I pressed the button on a market order, but was happy with anything below 29.40. I think we will see this jump up nicely either by the close or by Monday morning.

I got porked as I am in at 400 * $29.56

Sold @ 28.48 ($470).Now siting at ($60) on my "trade money".

In for $2K PRGN @ $3.69

Out of SCO?

Yup.

 

[NYG Endzone]

Anyone understand why Seagate (STX) has been climbing for weeks (its actually up 100%+ ytd)?

 

[David Dodds]

Anyone understand why Seagate (STX) has been climbing for weeks (its actually up 100%+ ytd)?

I played this stock a little before I started this strategy. The concern was Seagate would go bankrupt and now that does not appear to be the case. Just another case of a stock beaten into submission that either was going to fold or rebound nicely.

 

[lod01]

Anyone understand why Seagate (STX) has been climbing for weeks (its actually up 100%+ ytd)?

I played this stock a little before I started this strategy. The concern was Seagate would go bankrupt and now that does not appear to be the case. Just another case of a stock beaten into submission that either was going to fold or rebound nicely.

Kinda like LVS.

 

[King of the Jungle]

Anyone understand why Seagate (STX) has been climbing for weeks (its actually up 100%+ ytd)?

I played this stock a little before I started this strategy. The concern was Seagate would go bankrupt and now that does not appear to be the case. Just another case of a stock beaten into submission that either was going to fold or rebound nicely.

Kinda like LVS.

Check out the chart on HTWR. Wish I would have had ground level entry.

 

[analog_hiss]

Just thought I would throw out a few of the securities that I am following. These are all small/mid cap stocks that I have found researching for "value." I cannot say they will payoff, just a few I have examined and chose to follow.

CAEI (1.69)

IO (2.29)

WRES (1.57)

HOOK (2.16)

PERY (5.85)

RTEC (4.30)

CSE (2.65)

EFIJ (0.70)---typed this incorrect, ticker is actually EFJI

Thought it might be interesting to update this post from just over 10 days ago with current pricing. I added the price at close of 4/23 above in bold. Plan on researching more over the next few evenings to see if I can find a few more if anyone is interested.CAEI (2.01)

IO (2.77)

WRES (2.20)

HOOK (2.56)

PERY (7.59)

RTEC (5.55)

CSE (3.31)

EFJI (0.70)

 

[lod01]

I can't justify buying anything at these levels. Left PRGN table, no bet, standing at FAZ table again.

 

[bigfishboy]

I can't justify buying anything at these levels. Left PRGN table, no bet, standing at FAZ table again.

I am about to sell FAS. It has crappped the bed in the afternoon 5 days running. Good luck if you gamble on FAZ. I wished I had the huevos to flip my FAS over to FAZ, but I don't.

 

[lod01]

I can't justify buying anything at these levels. Left PRGN table, no bet, standing at FAZ table again.

I am about to sell FAS. It has crappped the bed in the afternoon 5 days running. Good luck if you gamble on FAZ. I wished I had the huevos to flip my FAS over to FAZ, but I don't.

Just standing at the table watching. Todays overall volume stinks, which makes me think it's time to head south.The volume in SSO will be lucky to be 1/2 the average. SPY looks like it will be about 1/2 average. Not very convincing. QQQQ same thing. I could be wrong but this market is fluffed up like whipped cream.

 

[bigfishboy]

I can't justify buying anything at these levels. Left PRGN table, no bet, standing at FAZ table again.

I am about to sell FAS. It has crappped the bed in the afternoon 5 days running. Good luck if you gamble on FAZ. I wished I had the huevos to flip my FAS over to FAZ, but I don't.

Just standing at the table watching. Todays overall volume stinks, which makes me think it's time to head south.The volume in SSO will be lucky to be 1/2 the average. SPY looks like it will be about 1/2 average. Not very convincing. QQQQ same thing. I could be wrong but this market is fluffed up like whipped cream.

Out of FAS @ 8.75 for a 19% gain on those shares. With new found difficulty reading the FAS chart, I am happy. If it makes an end of day run like old times, I will puke in my shoes.I may buy back in tomorrow morning, but I am fairly worried about the stress tests and don't mind sitting on the sidelines. I am also on vacation next week and will not have any FAS to worry about. I may pile on the PRGN wagon a bit more though.

 

[KGB]

SCO getting killed.

I'm going to stick it out and hope for an adjustment

 

[NYG Endzone]

SCO getting killed. I'm going to stick it out and hope for an adjustment

Same here, CPS is $29.72 for me.

 

[David Dodds]

SCO getting killed. I'm going to stick it out and hope for an adjustment

I am riding this out too. My mind says to add to my position, but I doubt I do that

 

[KGB]

In FAZ @ 7.25

 

[lod01]

In FAZ @ 7.25

I am tempted to jump in.In. Look out. 7.16. Man this thing is painful to be in.

 

[St. Louis Bob]

Sorry guys but keep going DXO.

 

[KGB]

I'm just hopeing for a dip in oil to get out of dxo.

Fas and faz will be interesting come that report on thursday.

 

[lod01]

I'm just hopeing for a dip in oil to get out of dxo. Fas and faz will be interesting come that report on thursday.

We are getting our FAZ's handed to us.

 

[KGB]

This faz can give you a heart condition if you just sit and watch it.

 

[bigfishboy]

If it makes an end of day run like old times, I will puke in my shoes.

Puking commenced.Though the big runs used to be between 3:30 and close. I have to guess this falls back today.

 

[The Ref]

How is it that these stress tests are coming out on Thursday, every news item that has "leaked" about this story over the past few weeks has been "bad" and yet FAZ hit an all time low today (20%)?

I'm not in FAZ because I don't want to shed any years off my life, but why is this thing so low right now? I would think people would want in to get ahead of the news on Thursday.

Something isn't adding up.

 

[analog_hiss]

OCNF up .50 since close Friday on 20.5 M volume today and JASO up .50 since close on Friday on nearly 12 M.

Hope the trend continues.

edit to change .8 to .5....bad typing.

 

[David Dodds]

Took it on the chin and sold 500 SCO at 27.52. Going to get the rest of my money in the Dry Shippers this week

 

[The Ref]

Bought 500 SCO at 29.24. This seems like a steal.

Wow you caught a nice price. I'm in at $29.47We are both good here I think. I saw it hit 29.12 on my screen right after I pressed the button on a market order, but was happy with anything below 29.40. I think we will see this jump up nicely either by the close or by Monday morning.

I got porked as I am in at 400 * $29.56

Sold @ 28.48 ($470).Now siting at ($60) on my "trade money".

In for $2K PRGN @ $3.69

And out of PRGN @ 3.68 ($20). Didnt' want to be suprised in the morning. In fact I think I am on the sidelines untill Thursday no matter what untill the stress tests get anounced, unless I want to bet one side or the other on fas/faz.

 

[David Dodds]

Real close to 4X average volume today with Paragon with nearly 2.0 million shares. At this rate I expect the 10 million shares to get diluted very quickly.

 

[The Z Machine]

Got in on PRGN @ 3.35 (up 10+%) and DRYS @ 7.25 (up 30+%) mid-week last week. Nice little run for me here.

 

[The Ref]

Holy Poop. FAZ on yahoo is at $6.70, but the real time is at $6.29. Now it's down over 27% on the day.

 

[skycriesmary]

Holy Poop. FAZ on yahoo is at $6.70, but the real time is at $6.29. Now it's down over 27% on the day.

So, one would think it would be a fantastic time to load up on it when the poop hits the fan later this week, right? Waaaay to simple. Obivously a trap game, but why wouldn't this pop up tremendously upon hearing the test results, which can't be good unless thorougly 'massaged'.

 

[bigfishboy]

If it makes an end of day run like old times, I will puke in my shoes.

Puking commenced.Though the big runs used to be between 3:30 and close. I have to guess this falls back today.

Wow. Just Wow.You can say what you want about not crying over taking a gain, but I am in tears. Took a 19% gain but left 16% more on the table. Would never have sold before a couple minutes before the bell up until last week. But was scared because of the way they were screwing with balancing this.I have no strategy whatsoever in playing FAS going forward.

 

[KGB]

Well. Faz certainly decided to take a nice poop right after I bought.

I need a nice correction tomorrow after the hits I took today.

 

[Otis]

Faz looks like a STEAL

 

[David Dodds]

Year to Date Profit = $55,995

Today's Realized Gains/Losses = -848

Unrealized Gains/Losses:

Holding 15,000 PRGN at 3.58 (Currently 3.80 in after-market trading)

 

[Otis]

Year to Date Profit = $55,995

Today's Realized Gains/Losses = -848

Unrealized Gains/Losses:

Holding 15,000 PRGN at 3.58 (Currently 3.80 in after-market trading)

SHIPLOADS

 

[David Dodds]

Year to Date Profit = $55,995

Today's Realized Gains/Losses = -848

Unrealized Gains/Losses:

Holding 15,000 PRGN at 3.58 (Currently 3.80 in after-market trading)

SHIPLOADS

I think I am going to keep adding to the position too on any weakness. I am going ALL-IN here on Paragon (likely will get atleast another 10,000 - 15,000 shares). I have now semi-convinced myself that this thing might hit 6.00 after their earnings report. This buy and hold stuff feels so weird though.

 

[Otis]

Year to Date Profit = $55,995

Today's Realized Gains/Losses = -848

Unrealized Gains/Losses:

Holding 15,000 PRGN at 3.58 (Currently 3.80 in after-market trading)

SHIPLOADS

I think I am going to keep adding to the position too on any weakness. I am going ALL-IN here on Paragon (likely will get atleast another 10,000 - 15,000 shares). I have now semi-convinced myself that this thing might hit 6.00 after their earnings report. This buy and hold stuff feels so weird though.

When's earnings?

 

[Otis]

PRGN chart showing a bear trap.

 

[KGB]

I'm sorry. But I just can't see why bac and 5th 3rd are skyrocketing today.

FAZ hit its 52 week low and those banks should not be jumping 25% in 1 day.

I can see a sell off coming and a lot of shorts and stop losses hitting quickly.

Either way its gonna be a wild ride and I bought my ticket for 7.25

 

[Harris]

Hey everyone, I recently got a custodial account transferred to my name that I want to use to start investing money in the market. It's a good chunk of change and I had a few questions about this thread.

What exactly is the basic strategy going on in here? Don't know if I can sift through 60 pages...

Who do most of you go through to make your trades? My account is at Fidelity right now but I don't know much about trading and fees. I'm definitely willing to learn though.

And finally how have most of you been doing overall with your trades on here based from this thread?

I wouldn't make trades solely off of the info in the thread, I definitely want to learn about everything but I figured this would be a good starting point. Thanks!

 

[Harris]

I guess what I'm asking in terms of strategy above, is it the same that Dodds has posted on the first page? Or over the past 5 months have you guys started to look for something different?

 

[KGB]

I guess what I'm asking in terms of strategy above, is it the same that Dodds has posted on the first page? Or over the past 5 months have you guys started to look for something different?

its very different, I think reading the entire thread would be a great way to learn some things. alot of info both good and bad. maybe learn from others mistakes

 

[bradyfan]

Be very careful.

 

[Das Boot]

I guess what I'm asking in terms of strategy above, is it the same that Dodds has posted on the first page? Or over the past 5 months have you guys started to look for something different?

its very different, I think reading the entire thread would be a great way to learn some things. alot of info both good and bad. maybe learn from others mistakes

 

[Harris]

So I shouldn't just dump all my money into PGRN tomorrow morning?

 

[Das Boot]

Be very careful.

too.

 

[David Dodds]

A few days ago was the time, but yes I am 100% convinced Paragon is going much higher here. It closed in the after-market at 3.85. I plan on having a front row seat here all the way to the earnings report. And if my assumptions are correct, It will really take off after the earnings report shows how many of the 10 million new shares are already in the market.

 

[David Dodds]

So you're completely ignoring all the red flags I pointed out on this stock.....good luck to you then. I actually hope you're right, for your financial well-being.

Since May 1st, my 5,000 shares purchased at $3.40 are now at $3.85

 

[David Dodds]

Had someone bought equal shares in the portfolio I outlined on page 1 (that everyone laughed at), that portfolio is up 17.95% right now. Just saying that a value approach to this year definitely was plausible.

David