Kevin_in_GA
4,599 posts
msg #84019
- Ignore Kevin_in_GA |
12/8/2009 10:21:09 AM
Info On RWC's massive uptick today:
8:32AM Relm Wireless announces that it has been named a contractor under a contract issued by the U.S. Internal Revenue Service; maximum value is up to $700 mln for up to 5 years (RWC) 2.43 : Co announces that it has been named as a contractor under a contract issued by the U.S. Internal Revenue Service. The contract is for the procurement of P25 digital two-way radios and related equipment by a broad range of federal government agencies such as the departments of Justice, Treasury, Commerce, Education, Transportation, Veterans' Affairs, and numerous others. The maximum total value of the contract is $750 million and spans up to five years commencing on November 30, 2009. The contract includes a select group of companies, including RELM, that meet established criteria. The contract does not specify purchase dates or quantities of equipment from any particular supplier.
|
karennma
8,057 posts
msg #84021
- Ignore karennma |
12/8/2009 10:37:42 AM
johnpaulca
- johnpaulca 12/8/2009 10:19:47 AM
BCRX.....that bottom is much deeper than you thought.
================================================
Yeah, but we're getting close.
ROFL!
In fact, if I weren't "scared", I'd buy more.
:>)
But I read somewhere, "never average down on a losing position" ... so, I won't.
|
karennma
8,057 posts
msg #84022
- Ignore karennma |
12/8/2009 10:43:36 AM
Kevin:
Two sectors moving in tandem ...
both OIL and Mining Sector @ 10-day low.
:>)
|
johnpaulca
12,036 posts
msg #84023
- Ignore johnpaulca |
12/8/2009 10:43:57 AM
BCRX....this stock is still controlled by sellers so be careful
|
karennma
8,057 posts
msg #84025
- Ignore karennma |
12/8/2009 12:18:14 PM
whoops!
just missed a $1 move on KR.
probably more to come.
:>)
|
Kevin_in_GA
4,599 posts
msg #84027
- Ignore Kevin_in_GA |
12/8/2009 12:39:04 PM
Yeah, but we're getting close.
ROFL!
In fact, if I weren't "scared", I'd buy more.
:>)
But I read somewhere, "never average down on a losing position" ... so, I won't.
++++++++++++++
generally I agree, but given the way the market is struggling, I'd be careful. Can you simply see this as an "investment" instead? Or is it too much of your trading capital?
By the way, here is a filter I have been testing that uses MAs of the PP, R1, and S! pivots as signals for entry and exit. Kind of like JP's Booya Buy Zone concept, but off of a different set of numbers. I modified this one specifically for BCRX, but you can check any stock using it:
This indicates that BCRX has been a SELL (or short if you want) since 17 November.
|
karennma
8,057 posts
msg #84028
- Ignore karennma |
12/8/2009 12:54:33 PM
Thanks, Kevin.
Yes, I can see BCRX has been a sell since 17 Nov.
There's nothing I can do.
It can't go down forever.
:>(
|
Radiomuse
288 posts
msg #84035
- Ignore Radiomuse |
12/8/2009 1:39:31 PM
Kevin - really cool filter! I've still been messing with the %5 a week, I'll post my latest version over there.
|
karennma
8,057 posts
msg #84036
- Ignore karennma |
12/8/2009 1:41:35 PM
Yes, that is a nice filter, Kevin.
Not sure I understand all the columns, but clearly those pics that come up are going DOWN.
|
karennma
8,057 posts
msg #84037
- Ignore karennma |
12/8/2009 1:43:32 PM
BCRX = $6.73 ...
Just when you think it "can't" go lower ... it does!
|