lmra is running

[mpatel]

I jumped in at 4.40 and its making a move

its been sitting on the 200 ma and now making a move to the 50 ma
its been in a downtrend for the last few months, so there could be more to come

http://stockcharts.com/h-sc/ui?s=lmra

[bahroor]

lots of shorts here... squeeze em' out
chart looks ready too, GL!

Shares Short -- 3,373,207
Days to Cover -- 3.2
Short % of Float -- 35.58 %

[cryder17]

I saw this one taking off today too, I just don't know about it. thought about picking up some 7.50 options for cheap...but then i was thinking about picking up the 5.00 put as well hehe so im really undecided. The news is what seems to drive this stock up or down because its a pure spec play. i got burned on it late last year and have put it on the back-burner for now. I would like to see this above 6.00 before i become interested and a little more confident in throwing some cash at it. I haven't heard of any new PR that may come out in regards to its product in development, and it is way over due for its final phase of testing.

I'll be waiting on this one, because the day it comes out with its long awaited good news about that product, the stock is going to fly up faster than Bob Dole using his endorsed "product".

[Albert0373]

Yep, I remember trading this when it was in the 9's a couple months back, got burned too; they have amazing tech to be released but have yet to shown any due to setbacks and delays so everyone lost faith in it and left and it has been falling since, tomorrow might see a setback as today was just pure play. I'll get back in this one when it's ripe and ready.

[mpatel]

I addded more at 5.00.
pretty good volume 375k in first 30 minutes

[OptionPundit]

I addded more at 5.00.
pretty good volume 375k in first 30 minutes

Any specific reason why is this baby running? or you expect it to run?

Thanks for sharing,
OptionPundit

[mpatel]

was very oversold, its been in a downward trend for a few months
8.50 down to 4.30s

yesterday it had a bounce of 15% and tested the 50 ma
the macd is positive


I still think this one has some juice left

[mpatel]

will set a tight stop just in case it starts to fall into the 4s.

[OptionPundit]

thanks mpatel.

[Albert0373]

Just hitted 5.17; not bad.

edit: 5.26

Looks to be running now

[mpatel]

did anybody get in
Its looking very good currently 5.30
50 ma is 5.34 (it hasnt been able to pass through yet but if it does lookout)

[mpatel]

another bounce currently 5.60

it has been hanging around 5.30 for a few days and busted through the 50 ma