Well I think today which everyone was excited about turned into a bloodbath for many people, including a few in the chat. Turned out some of the best plays were from the good old Muddy/13th style. Several nice ones from the watchlist including ANPI, AKNS, and HSWI (which I am still in) and I caught WRSP on its first spike up before 11am.
(Sep 19-10:55) johnnyvento: WRSP huge spike up
(Sep 19-11:07) Reaper: WRSP was spike on news of deferring debt ... sort of like CHCI: http://biz.yahoo.com/bw/080919/20080919005111.html?.v=1
(Sep 19-12:30) johnnyvento: WRSP more up 36%
(Sep 19-13:54) Reaper: WRSP nhods 1.38
(Sep 19-13:54) Muddy: WRSP great job
(Sep 19-13:58) Muddy: WRSP geez
(Sep 19-14:03) Muddy: 1.50 WRSP
(Sep 19-14:03) Kris: WRSP 1.53
(Sep 19-14:04) Muddy: on fire!
(Sep 19-14:08) Reaper: WRSP 1.75
(Sep 19-14:09) Muddy: holy cow
(Sep 19-14:09) johnnyvento: WRSP weeeeeeeeee
(Sep 19-14:09) Muddy: unreal call
That "huge spike" (arrow) looks like a blip compared to the rest of the chart. WRSP even though it faltered ended up finishing near the hod and up 101% on the day. Not bad.
Here is WRSP chart for your amusement:
My predictions on the financials were less than stellar. I was decent at calling RDN as a scalp but kept saying it would make new highs and it never did. And I was horrible at predicting a bounce on ABK, it crashed through any support it had using any method, it had its highest day range (80%) in over 2 years, if not ever, this is one for the record books.
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4 comments:
LEHMQ went up 284.62% today
is this stocking gonna keep rising?
should we just keep buying the intraday breakouts?
ha missed LEHMQ but was played by many in chat. If me I would be out by now... but keep posting alerts in comments, I love it
JV, awesome...when you say caught, you got in WRSP or just saw? In either case nice job!
Nice work on WSRP.
I'm probably going to split my account here soon so I can take advantage of opportunities like that
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