Post by
valueplaysonly on Oct 16, 2013 6:48pm
NBG in holding pattern
May trade sideways but next stop is 6.50. I told people about a week ago that LEG was poised for a break out. It started to happen but then fell back because of the chimpanzees in Washington. LEG is poised to move to new 52 week high before year end. I see a 9 dollar valuation come January.
I am also predicting a break out on TLAB to the three dollar mark before year end and possible movement to as high as 4 dollars. My model is telling me that severe price suppression has been happening for the entire 3 months. This stock is being accumulaed by a highly skilled hedge fund or in my view a possible acquirer. The stock should already be at three dollars since Q2 was a very good quarter.
Q3 results should be a beat. We may see two scenarios . either huge pop after earnings if favorable or a "delayed reaction ". NBG had a fantastic quarter but the market yawned on the news . Then a month later it made a 40 % pop. I see the same scenario for TLAB and my model is telling me AA will break to 11 dollars by March as well.
Comment by
YupnDump on Oct 20, 2013 4:27am
sold my jan 2015 7 calls at .55. picked them up a 5 weeks ago at .20. hope to get back in at .40
Comment by
YupnDump on Oct 27, 2013 11:20am
got back on 2015 7 calls at .35 and sold NBG at 6.45 and back in at 5.8
Comment by
LiarsPoker80 on Oct 23, 2013 9:17pm
You nailed that $6.50 resistance level, VPO. I sold today over $6 (should've sold yesterday - got too greedy!). We're due for a few red days, will buy back in the low-mid $5s.