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More True Grit


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NG producer CHK had a nice run from mid march 7.30 to 11.50 a couple days ago and has retraced to 9.90 this morning - pretty close to 38%.

 

long @ 10.07 with tight stop to at least 10.45 for a short trade

 

these can get hairy during shoulder season but there's increasing recognition on the ng shortage and some big blocks have gotten taken up this morning.

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Guest The CoinGuy
NG producer CHK had a nice run from mid march 7.30 to 11.50 a couple days ago and has retraced to 9.90 this morning - pretty close to 38%.

 

long @ 10.07 with tight stop to at least 10.45 for a short trade

 

these can get hairy during shoulder season but there's increasing recognition on the ng shortage and some big blocks have gotten taken up this morning.

Thanks Tak...was on my list to watch.

 

TCG(10.08)

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Guest libertas
SOX Green

Probably the best indication of the complete irrelevance of fundamentals. The semiconductor rindustry is quietly collapsing but the shares are being bid up. It wouldn't matter if these companies filed for bankruptcy. They would still be "upgraded" and bid up.

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Probably the best indication of the complete irrelevance of fundamentals. The semiconductor rindustry is quietly collapsing but the shares are being bid up. It wouldn't matter if these companies filed for bankruptcy. They would still be "upgraded" and bid up.

They have to get the prices up so they can get the most bang for the buck on the converts. INTC and AMUT green now. Riding RFMD from yesterday. Recipe for success= close eyes, hold nose, press buy button on any red ticker. Buy all dips. :blink:

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