Put Napster on your watch list

[TheChartGuru]

Put Napster on your watch list today...could be a big mover


The Guru has spoken

[mhertz]

up over 40% in pre-market on speculation that google may fully acquire it.

[TheChartGuru]

Next resistance is at $5.50...lots of headroom

The Guru has spoken

[InvestingMoron]

I waited until the drop below 4 and got in 300. Hoping to make a quick 10 or 15 points.

[madcowdisease]

I waited until the drop below 4 and got in 300. Hoping to make a quick 10 or 15 points.

You think NAPS is gonna go north buy 10 to 15 bucks?! Damn, that's crazy.

[englishman26]

Google already said that the reports weren't true.

[madcowdisease]

Google already said that the reports weren't true.

There goes that theory. Even if they were doesn't 10-15 on top of the current price seem a little high? :?

[meth]

we should probably take this off the list now, no?

[TheChartGuru]

Erase it. Use white out. Burn it. It's done! One of those one day wonders until another rumor starts.

The Guru has spoken

[Luc1Grunt]

I do recall "put it on your WATCHLIST" as the title of the thread.

[InvestingMoron]

Yeah, I took a chance and ate it! Baaaah....I don't blame anyone but myself. If you buy something on someone else's word and ya get burnt, it's your own fault.

I'm sure there are some sore sports out there who are more than willing to want to hunt someone down after a loss (like GOOG today). But hey, not this guy, I'm here to have fun. What's life without taking risks?

I give it to you guys, for the most part some of you are right on.....and others, like me, couldn't make a good pick if it slapped us in the face. Like I said, I really, really appreciate the forum and what people bring to it. Soon enough I could be making some good money on my own. But until then, I can use someone else's hunch and see if mine goes along with it!

Guru, englishman, other guys.....I really do appreciate what you do!

[InvestingMoron]

I should have said "10-15 percent" instead of points? I always took it as "points = percentage points".....lemme know if I am dead wrong here!

[Luc1Grunt]

Points is Dollar$. Percentage is percentage.

[TheChartGuru]

Absolutely Luc, I recommend to put my picks on a watchlist and use your entry and exit stradegies. I only trade gappers on a pullback and only if the gap isn't too high and depending how it trades the first half hour. Remember, stocks tend to reverse around 10'ish. NAPS didn't pullback as much as I expected so I didn't play it. I like to picture a candlestick scenerio in my mind. For example, I was looking for a long tailed hammer. Meaning that NAPS would have pulled back considerably, then bounce back up. Didn't happen. It had a small bounce after a small pullback and it went south from there. That is one ugly giant spinning top today! So I have removed NAPS from my list.

The Guru has spoken