My Stock Value Strategy Starts Now (2 Viewers)

[Cromedog]

PRGN Share Tally

25,000 Dodds

1,000 C-Dog

3,000 Mose

4,000 Cavalier

3,500 Bramel

1,200 Random

2,000 BassNBrew

2,200 Needanap

2,000 rpreswood

43,700 Total

 

[Random]

PRGN Share Tally25,000 Dodds1,000 C-Dog3,000 Mose4,000 Cavalier3,500 Bramel1,200 Random2,000 BassNBrew2,200 Needanap41,700 Total Paging Otis and other PRGN holders....

I wonder how bad the stock tanks the day we all sell when David gives the word.

 

[DALYLA77]

PRGN Share Tally25,000 Dodds1,000 C-Dog3,000 Mose4,000 Cavalier3,500 Bramel1,200 Random2,000 BassNBrew2,200 Needanap2,000 rpreswood43,700 Total

1000 @ 3.80 this morning thanks to everyone here!

 

[None_More_Black]

Great PRGN call today David. Scarily accurate prediction.

 

[Otis]

The PRGN chart shows next resistance at around 4.28. That will be a big technical test point. If we blow through that, 6 bucks here we come...

http://stockcharts.com/h-sc/ui?s=prgn

Resistence is Futile...

Holy crap.PRGN 4.33 +0.66 (17.98%)

 

[stubby]

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.

Courtesy bump to make sure my financial well-being is still OK. +12,500 so far with this one. Yep, Financial well-being still ok.

Again, with the financial well-being crap....would you have preferred I said "investment portfolio" or "short-term day-trading strategy?" Nothing about how I said that I hoped you were right. Actually, considering all the people that are following your lead on this stock, I'm hoping everyone makes boatloads. I hope you're just having fun with me, rather than just simply being a jerk. I'll give you the benefit of the doubt considering your "owner" status.If you scroll back to the beginning, all I did was to give you some the reasons Paragon's stock price was being held back. When there was no response from you, I assumed you were ignoring any contrarian positions. You stuck to your analysis, and now seem to be reaping the benefits. Again, I say good luck, and hope, for your sake (I still don't know what's wrong with saying that), that it holds up, and you keep "bumping" how much money you've made.

 

[Cavalier]

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.

Courtesy bump to make sure my financial well-being is still OK. +12,500 so far with this one. Yep, Financial well-being still ok.

Again, with the financial well-being crap....would you have preferred I said "investment portfolio" or "short-term day-trading strategy?" Nothing about how I said that I hoped you were right. Actually, considering all the people that are following your lead on this stock, I'm hoping everyone makes boatloads. I hope you're just having fun with me, rather than just simply being a jerk. I'll give you the benefit of the doubt considering your "owner" status.If you scroll back to the beginning, all I did was to give you some the reasons Paragon's stock price was being held back. When there was no response from you, I assumed you were ignoring any contrarian positions. You stuck to your analysis, and now seem to be reaping the benefits. Again, I say good luck, and hope, for your sake (I still don't know what's wrong with saying that), that it holds up, and you keep "bumping" how much money you've made.

Stubby, none of us mind hearing different positions on stock, in fact most of us value it. I think he is just playing.

 

[Otis]

PRGN 4.35 +0.68 (18.53%)

JUGGERNAUT

 

[Harris]

Wow, wish I had gotten in on this thread about 3 days earlier. Would have been a nice boost for someone just starting out. I probably would have bought 1,000 shares.

Nice job to you all!

 

[bishop92]

4300 shares of PRGN split between a couple of accounts. Around $3.50 average price.

Thanks for the head's up on this one and FEED about a month ago.

 

[Cavalier]

I am leaving the house as there is WAY TOO MUCH PRESSURE on wanting to sell and take this huge gain. I will be back after the market closes.

This is only bad if the stock only goes up. I was really temped when I couldn't get back in at 4.20, to sell at 4.37-4.40 and just start over tomorrow.

 

[King of the Jungle]

PRGN Share Tally25,000 Dodds1,000 C-Dog3,000 Mose4,000 Cavalier3,500 Bramel1,200 Random2,000 BassNBrew2,200 Needanap2,000 rpreswood43,700 Total

1000 @ 3.39

 

[bigfishboy]

PRGN Share Tally25,000 Dodds1,000 C-Dog3,000 Mose4,000 Cavalier3,500 Bramel1,200 Random2,000 BassNBrew2,200 Needanap2,000 rpreswood43,700 Total

Only got in for 275 of these @ 3.31. Had too much tied up in FAS.

 

[Cavalier]

Took a dive after hours 4.05

 

[Mr. Pickles]

Took a dive after hours 4.05

:noose:

 

[Cavalier]

3.85 -0.43 (-10.05%) - May 5, 4:20PM EDT

 

[Random]

3.85 -0.43 (-10.05%) - May 5, 4:20PM EDT

OOF

 

[BR33ZE]

3.85 -0.43 (-10.05%) - May 5, 4:20PM EDT

Did Dodds sell without letting you guys know?

 

[The Z Machine]

I've got 400 shares at 3.35.

I've also got 138 shares of DRYS at 7.25.

 

[Mr. Pickles]

3.85 -0.43 (-10.05%) - May 5, 4:20PM EDT

OOF

On 700 volume. Not so much.

 

[analog_hiss]

3.85 -0.43 (-10.05%) - May 5, 4:20PM EDT

You can see that the AH volume, so far, is very low...and it's back up to 4.22. I am not to sure about this, but premarket and after hours trading has little to do with the official open and close price.

 

[Cavalier]

3.85 -0.43 (-10.05%) - May 5, 4:20PM EDT

Did Dodds sell without letting you guys know?

After Hours: 4.22‎ -0.06‎ (-1.40%‎) May 5 4:37pm ETComeback...........I really need to stop following this after 4pm.............

 

[BassNBrew]

3.85 -0.43 (-10.05%) - May 5, 4:20PM EDT

Actually this is a good thing for those looking to add. The market has already demostrated a willingness to pay $4.30+.

 

[David Dodds]

OK back here. I see the after-market went a little nuts, but that doesn't matter. And no I did not sell any shares. In for the journey here.

 

[Harris]

back up to $4.22....

 

[David Dodds]

Great PRGN call today David. Scarily accurate prediction.

I have been hovering on this stock for awhile, because I could not understand why it always lagged the other Dry Shippers with such a great balance sheet, P/E, etc. But yes it does feel good to hit this one. Hopefully it stays up for all of us.

 

[David Dodds]

Kind of a nothing day today as I just added some stock and sold nothing...LOL

Year to Date Profit = $55,995

Today's Realized Gains/Losses = 0

Unrealized Gains/Losses:

Holding 25,000 PRGN at 3.63 (Closed at 4.28)

 

[Mr. Pickles]

back up to $4.22....

At these volumes, the values are meaningless.

 

[Otis]

Dodds is like a money machine.

 

[Otis]

After Hours: 4.34 +0.06 (1.40%)

zomg

 

[Harris]

back up to $4.22....

At these volumes, the values are meaningless.

Explain this to me like I just got started wanting to trade stocks.

 

[David Dodds]

back up to $4.22....

At these volumes, the values are meaningless.

Explain this to me like I just got started wanting to trade stocks.

After HoursSo 23,000 shares traded hands to set these prices. Volume for the real trading day was 1.75 Million shares: Google Finance

 

[ODoyleRules]

PRGN Share Tally25,000 Dodds1,000 C-Dog3,000 Mose4,000 Cavalier3,500 Bramel1,200 Random2,000 BassNBrew2,200 Needanap41,700 Total Paging Otis and other PRGN holders....

on the pass line as well. 1,000. In at 3.62. Stop order set at 3.7 for now.

 

[Harris]

back up to $4.22....

At these volumes, the values are meaningless.

Explain this to me like I just got started wanting to trade stocks.

After HoursSo 23,000 shares traded hands to set these prices. Volume for the real trading day was 1.75 Million shares: Google Finance

Thanks, this is just a giant learning process. Funny thing is I'm graduating from school in less than two weeks with an accounting degree. I can tell you about every single thing on a B/S and I/S but I have no idea how the market moves or what types of indicators there are.

 

[NajehHejan]

I tracked this stock all day because of this thread and almost pulled the trigger when it dipped into the $3.78-$3.82 range and hovered there for almost an hour. I chickened out and missed the boat. This stock looks very sound financially - good luck to all who got in. If it dips below $4 I may jump in, but I think this thing may be set for takeoff.....

 

[David Dodds]

Looks like oil is going higher:

API Report

NEW YORK, May 5 (Reuters) - U.S crude and gasoline inventories fell unexpectedly last week, the American Petroleum Institute said in their weekly report Tuesday.

The crude draw of 1 million barrels reported by the API was against analyst expectations of a 2.2-million-barrel build. Gasoline stockpiles, which had been expected to climb 700,000 barrels, instead fell 2.9 million barrels, the API said.

Distillate stocks rose 1 million barrels, however, in line with analyst expectations.

 

[Jene Bramel]

Looks like oil is going higher:

API Report

NEW YORK, May 5 (Reuters) - U.S crude and gasoline inventories fell unexpectedly last week, the American Petroleum Institute said in their weekly report Tuesday.

The crude draw of 1 million barrels reported by the API was against analyst expectations of a 2.2-million-barrel build. Gasoline stockpiles, which had been expected to climb 700,000 barrels, instead fell 2.9 million barrels, the API said.

Distillate stocks rose 1 million barrels, however, in line with analyst expectations.

And Pakistan is getting sketchy again, too.

 

[FavreCo]

BAC needs $34 billion more (ouch) and GM is prepping a 1 - 100 reverse split. This should start the snowball rolling down the hill.

 

[KGB]

BAC needs $34 billion more (ouch) and GM is prepping a 1 - 100 reverse split. This should start the snowball rolling down the hill.

lets go faz!lets go!clap clapNeed a big faz day tomorrow!

 

[Mr. Pickles]

BAC needs $34 billion more (ouch) and GM is prepping a 1 - 100 reverse split. This should start the snowball rolling down the hill.

lets go faz!lets go!clap clapNeed a big faz day tomorrow!

My logic for dipping a toe into FAZ was the ridiculous optimism that propped up the banks on Monday. That close wasn't based on anything rational. I'm not rooting for bad news on the stress test, but it does seem as though there is a lot of smoke and mirrors here. Financials are hardly out of the woods.

 

[The Ref]

BAC needs $34 billion more (ouch) and GM is prepping a 1 - 100 reverse split. This should start the snowball rolling down the hill.

lets go faz!lets go!clap clapNeed a big faz day tomorrow!

My logic for dipping a toe into FAZ was the ridiculous optimism that propped up the banks on Monday. That close wasn't based on anything rational. I'm not rooting for bad news on the stress test, but it does seem as though there is a lot of smoke and mirrors here. Financials are hardly out of the woods.

I was thinking the same thing. But then I ask myself the quesiton why is FAZ trading at an all time low? Faz should be on a run up this week heading into the stress tests, not the other way around.

 

[Mr. Pickles]

BAC needs $34 billion more (ouch) and GM is prepping a 1 - 100 reverse split. This should start the snowball rolling down the hill.

lets go faz!lets go!clap clapNeed a big faz day tomorrow!

My logic for dipping a toe into FAZ was the ridiculous optimism that propped up the banks on Monday. That close wasn't based on anything rational. I'm not rooting for bad news on the stress test, but it does seem as though there is a lot of smoke and mirrors here. Financials are hardly out of the woods.

I was thinking the same thing. But then I ask myself the quesiton why is FAZ trading at an all time low? Faz should be on a run up this week heading into the stress tests, not the other way around.

Whole this is probably rigged.

 

[bigfishboy]

BAC needs $34 billion more (ouch) and GM is prepping a 1 - 100 reverse split. This should start the snowball rolling down the hill.

lets go faz!lets go!clap clapNeed a big faz day tomorrow!

My logic for dipping a toe into FAZ was the ridiculous optimism that propped up the banks on Monday. That close wasn't based on anything rational. I'm not rooting for bad news on the stress test, but it does seem as though there is a lot of smoke and mirrors here. Financials are hardly out of the woods.

I was thinking the same thing. But then I ask myself the quesiton why is FAZ trading at an all time low? Faz should be on a run up this week heading into the stress tests, not the other way around.

Because all the news was leaked out early. Same reasons stocks rise before their good earnings reports are released. The whole system is corrupt. We play this game knowing that is true and that we can't do anything about it.

 

[Das Boot]

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.

Courtesy bump to make sure my financial well-being is still OK. +12,500 so far with this one. Yep, Financial well-being still ok.

Again, with the financial well-being crap....would you have preferred I said "investment portfolio" or "short-term day-trading strategy?" Nothing about how I said that I hoped you were right. Actually, considering all the people that are following your lead on this stock, I'm hoping everyone makes boatloads. I hope you're just having fun with me, rather than just simply being a jerk. I'll give you the benefit of the doubt considering your "owner" status.If you scroll back to the beginning, all I did was to give you some the reasons Paragon's stock price was being held back. When there was no response from you, I assumed you were ignoring any contrarian positions. You stuck to your analysis, and now seem to be reaping the benefits. Again, I say good luck, and hope, for your sake (I still don't know what's wrong with saying that), that it holds up, and you keep "bumping" how much money you've made.

Remember when I asked a couple of times for a little more detail on your negative PRGN opinion and you didn't respond?No need to bother now.

 

[David Dodds]

Someone on the Yahoo boards is saying that Scottrade is showing PRGN earnings are coming out May 11th. This doesn't make a ton of sense to me as the last report was issued on Mar 18th. But this is is for the first quarter so who knows? Can someone verify if this does indeed say this on Scottrade? Thanks in advance.

 

[David Dodds]

According to Capital Link Shipping, I see these dates:

Diana Shipping Wed., May 06, 2009

DryShips Thu., April 30, 2009

Eagle Bulk Wed., May 06, 2009

Excel Maritime

Freeseas

Genco Shipping Wed., April 29, 2009

Navios Holdings

Navios Maritime Partners L.P. Wed., April 29, 2009

Paragon Shipping

Safe Bulkers

Seanergy Maritime Holdings Corp. Wed., April 29, 2009

Star Bulk Carriers Corp.

TBS International Wed., May 06, 2009

Wednesday will be interesting as three Dry Shipping Companies post their earnings

 

[David Dodds]

Nice Research Page on Sectors

I just stumbled across this page

 

[Mose]

What about Oceanfreight, OCNF? They seem very low right now.

 

[playin4beer]

Someone on the Yahoo boards is saying that Scottrade is showing PRGN earnings are coming out May 11th. This doesn't make a ton of sense to me as the last report was issued on Mar 18th. But this is is for the first quarter so who knows? Can someone verify if this does indeed say this on Scottrade? Thanks in advance.

Found this on my scottrade account....

On 3/18/2009, PRGN reported 4th quarter 2008 earnings of $0.52 per share. This result was in-line with the consensus of the 6 analysts following the companyand beat last year's 4th quarter results by 79.3%. The next earnings announcement is expected on 05/11/2009.

 

[Mose]

pre-market up for what that's worth:

08:18 $ 4.44 500

08:17 $ 4.45 300

08:16 $ 4.51 400