Friday, September 09, 2005

Loser List for September 9, 2005

ON THIS DATE IN 1839, JOHN HERSCHEL TAKES THE FIRST GLASS PLATE PHOTOGRAPH. IN 1926, THE NATIONAL BROADCASTING COMPANY IS FORMED. TODAY BILLY PRESTON IS 59 AND ADAM SANDLER IS 39.

For entertainment and/or education only. I may be long, short or out of any of these stocks, and positions may change in a flash. . .

ALNY long, stop at 12.4
AWA long, stop at 6.6
CAMD long, stop at 8.5
CEM long, stop at 16
IMH short, stop at 15
SYNC long, stop at 3.75
MKC short, stop at 30.2
WMT a short below 46
UGNE long strength above 2.5

How to use this list. And don't forget the disclaimer . . .

2 comments:

Troy said...

I just bought 3000 shares of RNAI last month. I am a loser so what do you think?

Jaloti said...

Well, if you're long RNAI you definitely want a stop just below 4, say about 3.80 or so.
What really concerns me about this one is that you've got 2 big volume days where the price got up well over 5 bucks. I refer to those who bought on those days as "bagholders"--they bought into a rally, and are now underwater and left holding the poverbial bag. They could provide a lot of selling power to depress the price if it should crack 5 bucks again.

Or not :>)