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Worden Discussion Forum » General Discussions » Stock and Market Talk » A $3 stock that appears to have...

A $3 stock that appears to have... Rate this Topic: Rating 0.0
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laphill
Posted : Monday, February 9, 2009 5:19:21 PM
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Joined: 12/7/2004
Posts: 393
 something for most everyone. Check out  SBLK.
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Apsll
Posted : Monday, February 9, 2009 7:30:24 PM

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Joined: 3/21/2006
Posts: 4,308
 Laphill, this one looks good to me. I show in my chart that if this does not break resistance on this run then a pull-back to support around $2.25 could be a nice launching pad for the next run.

TSV & MS have a nice positive divergence thing going on and BOP is pretty healthy. Great institutional support and insider ownership is at 26% also zero debt.
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laphill
Posted : Monday, February 9, 2009 10:45:09 PM
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 Not to mention a healthy dividend.
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tobydad
Posted : Monday, February 9, 2009 11:19:44 PM

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Joined: 10/7/2004
Posts: 2,181
 I'd look for this one to turn around tomorrow and head back as Apsll has suggested. 2.25 does look possible. 

I also agree that this would be a nice set up for a good run. 
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BigBlock
Posted : Tuesday, February 10, 2009 12:36:38 AM
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Joined: 10/7/2004
Posts: 2,126
QUOTE (Apsll)
Laphill, this one looks good to me. I show in my chart that if this does not break resistance on this run then a pull-back to support around $2.25 could be a nice launching pad for the next run.

TSV & MS have a nice positive divergence thing going on and BOP is pretty healthy. Great institutional support and insider ownership is at 26% also zero debt.


Wow that is what I call power of prediction.  That pinky line is like Frodo power.  Are you sure you don't have the ring?  I tell you I have seen a lot of wannabe gurus in my time, but nothing like this accurate.
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laphill
Posted : Wednesday, February 11, 2009 3:02:56 PM
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Joined: 12/7/2004
Posts: 393
 Consider the BDI has tripled since it's low of Dec '08.
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laphill
Posted : Thursday, February 12, 2009 10:03:30 AM
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Joined: 12/7/2004
Posts: 393
 Several dry bulk shippers just cancelled their dividend including SBLK + DSX.  I'm now out of these positoons.  
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