Salomon Johns » sell http://salomonjohns.com Just a personal blog. Mon, 15 Feb 2010 12:54:35 +0000 http://wordpress.org/?v=2.9.2 en hourly 1 Matech Corp http://salomonjohns.com/2009/11/matech-corp/ http://salomonjohns.com/2009/11/matech-corp/#comments Mon, 16 Nov 2009 16:01:37 +0000 admin http://salomonjohns.com/?p=138 Did a swing trade today since I pulled an all nighter didn’t go too bad, there’s still opportunity to jump in for those that don’t mind high volatility. Matech Corp (MTCH) I was in at $0.1065 out at $0.1165. For a while it was floating between $0.108 and $0.114, but that will change a lot throughout the day.

It appears to be up on news: MATECH Performs EFS Testing on Bridges for Federal Highway Administration

]]> http://salomonjohns.com/2009/11/matech-corp/feed/ 0 Resistance points http://salomonjohns.com/2009/10/resistance-points/ http://salomonjohns.com/2009/10/resistance-points/#comments Thu, 29 Oct 2009 22:52:46 +0000 admin http://salomonjohns.com/?p=104 C – Citigroup Inc. has serveral resistance points in the short term (60 day approx); 4.10ish as a bottom, in my opinion 4.10-4.15 as an entry point if your patient, 4.20+ if your not. A ceiling of $4.80 (modestly). Short interest appears to be up 52% from the last 15 days, that can be seen here.

Beacon Power Corp. is an interesting little stock, its main resistance point is around $0.67 for those of us that do consistent trades (and in some cases let automated trading take over). It has a pretty solid float between $0.67 and $0.70, however does spike above there at times.

Mesa Air Group, Inc. has 2 major resistance points. $0.205 and $0.24ish. While today’s after hours news came as quite a disappointment to some of us, this will just change up the resistance points a bit. The initial resistance point was for the late summer, subsequently after a small increase in its value, it went up a little bit.

]]> http://salomonjohns.com/2009/10/resistance-points/feed/ 0 BCON http://salomonjohns.com/2009/10/bcon/ http://salomonjohns.com/2009/10/bcon/#comments Fri, 23 Oct 2009 19:57:44 +0000 admin http://salomonjohns.com/?p=101 Well in the past my luck with BCON has not been too bad, I usually buy in around $0.66 – $0.67 and sell around $0.70+, I bought in again yesterday at $0.6702, lets see if this goes well. As of now the 50 day moving average is showing at just under $0.70 on stockcharts.com

]]> http://salomonjohns.com/2009/10/bcon/feed/ 0 FNM – Losses http://salomonjohns.com/2009/10/fnm-losses/ http://salomonjohns.com/2009/10/fnm-losses/#comments Fri, 23 Oct 2009 19:49:27 +0000 admin http://salomonjohns.com/?p=98 Well after being overseas and not 100% paying attention to the market, I made a good loss on FNM, however I did make up for it in part, but overall Im still down around 20 cents a share for a full recovery. I have been day trading it and so far it hasn’t been too bad, I’m looking to possibly rebuy if it goes below $1.06 again. Time to get back on track again.

]]> http://salomonjohns.com/2009/10/fnm-losses/feed/ 0 CIT Premarket http://salomonjohns.com/2009/09/cit-premarket/ http://salomonjohns.com/2009/09/cit-premarket/#comments Wed, 30 Sep 2009 12:10:09 +0000 admin http://salomonjohns.com/?p=91 CIT is down considerably during pre-market around 45% at the time of writing, I decided to try my luck, in @ 1.30 and out @ 1.35 its like playing with fire though. I wonder how far down it will go once the market opens, I may buy up if it dips to $1.10 again, lets see what the news says. From what I understand they are in talks for a $10 bln loan. Level 2 quotes are showing alot of resistance at $1.25 and $1.35.

]]> http://salomonjohns.com/2009/09/cit-premarket/feed/ 0 CIT day trades http://salomonjohns.com/2009/09/cit-day-trades/ http://salomonjohns.com/2009/09/cit-day-trades/#comments Tue, 29 Sep 2009 19:41:45 +0000 admin http://salomonjohns.com/?p=86 Well, another successful 2 trades today, CIT in @ 1.96 and out at 2.10 on the IRA, and again in at 2.07 and out at 2.16 on the cash account. I think I’m going to call it a day today.

]]> http://salomonjohns.com/2009/09/cit-day-trades/feed/ 0 CBAI another HTDS? http://salomonjohns.com/2009/09/cbai-another-htds/ http://salomonjohns.com/2009/09/cbai-another-htds/#comments Tue, 29 Sep 2009 17:36:11 +0000 admin http://salomonjohns.com/?p=83 Well, I haven’t updated my positions in ages, but today I decided to play around a bit on the market early on, many of you probably saw CBAI if you are on google finance. Anyways I have no idea where it will go, but i was in at 0.0070 and out at 0.0077. The volume is still strong, and while I think it may push over 0.0085, I’m not willing to risk it with this stock. I may be wrong and it would plummet tomorrow, lets see. I’ll start updating my positions as I get more free time this week!

]]> http://salomonjohns.com/2009/09/cbai-another-htds/feed/ 0 Positions as of 8-31 http://salomonjohns.com/2009/08/positions-as-of-8-31/ http://salomonjohns.com/2009/08/positions-as-of-8-31/#comments Mon, 31 Aug 2009 16:24:25 +0000 admin http://salomonjohns.com/?p=36 Well, despite the market being down I still managed to make some decent calls as far as the market.

S: MESA @ $0.2506
S: HTDS @ $0.012
S: FAZ @ $23.40

My only loser that I sold today was FAZ. Lets see how the rest of the day plays.

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