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rjm77me
rjm77me vip
P&P Score: 99.94   Points: 616.65   Accuracy: 77.28%   Average Pick Score: 0.89   Annual Return: 32.85% (94.05% since 7/16/09)  

rjm77me's Blog : Thanks to ATY Chan - His pick ACAT made me real money

Date February 11, 2011  Edited: February 11, 2011    Comments Comments (6)    Rate this post Recommend This Post (95)   
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When I signed on some time in the morning - it flagged that ATY has picked ACAT as buy. I did my 1 minute home work - the stock had popped on earning news and entry point of 14.55 was appealing - decided to buy some and asa trader sold 35 cents (that is 2.5% return in an hour or so) higher with a limit order.


Having chart and notes on my system and Mr Chans buy flag helped make real money.


Still a buyer/ trader of ACAT - it is thinly traded - so trade with caution.


There is potential to make another $1 on up side and 50 cents on down side. Stock to run free is if it pop above 17 on volume


 

Tags : ACAT  

6 Comment(s):

Author JoeJustJoe     Date February 12, 2011 10:46  Edited: February 13, 2011 by rjm77me Abuse this post Report Abuse
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3J
Author frankbean     Date February 12, 2011 11:02 Abuse this post Report Abuse
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rjm77me,

Do yourself a favor, read Peter Lynch one up on Wall Street.

Or the Warren Buffett way. What these guys will tell you, and they have been trained by some of the best .... is .... you need to hold longer term so the winners make up for the losers. You could lose on 60 or even 80% of your trades and still make money. To, make these big gains you need a longer holding time frame.

I hope this helps you.

Owl
Author rjm77me     Date February 13, 2011 13:01 Abuse this post Report Abuse
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Owltrades,
Point well taken
Thanks
Author rjm77me     Date February 14, 2011 10:51 Abuse this post Report Abuse
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ACAT has pulled back again
Author JoeJustJoe     Date February 14, 2011 14:42  Edited: February 14, 2011 by rjm77me Abuse this post Report Abuse
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3J
Author JoeJustJoe     Date February 22, 2011 15:19 Abuse this post Report Abuse
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"ACAT has pulled back again" ...uuuuh yeah, no sheeeyit! Next time yer goin long sumphin fer a "$1 move" pleez add this statement >>> "Going long now so all of you should short" ...thanks...keep that ave pick score movin lower *-) 3J
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