MVIS thine runt, GME thy glory

December 6, 2007 – 12:47:55 pm

Viz., 1.5k Mave at 4.06 for a tradable run into CES. Further, in celebrance of GMEs highest closing ever (probably), I doth bid at 59.76.

To the Bears:

Fuck you.

This entry was posted on Thursday, December 6th, 2007 at 12:47:55 pm and is filed under --Stock Commentary--, -Buys, Trading Ideas. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

9 Responses to “MVIS thine runt, GME thy glory”

Razorback Says:

I need to find more ways to incorporate the phrase “tradable run” into my day-to-day vocabulary.

I’m with you on the trade from $4.03. Don’t be greedy and sell on the day or day after CES!
December 6th, 2007 at 1:46:03 pm
mdawsz Says:

But really, do you guys think it’s gonna happen if EVERYBODY has the same plan??? Is that how the stock market works?
December 6th, 2007 at 2:05:19 pm
Danny Says:

me too. Yeah I think it’ll make it to 5 or 5.30.

I also bought a DECK 185 call for 3.80. It’s breaking out h’ya, and either it makes a tradable run to 200, or it doesn’t. I’m betting on the latter.
December 6th, 2007 at 2:06:00 pm
Danny Says:

mdawsz, yes,occasionally. I’ve seen as many obvious moves as I have surprise ones. Im gonna sell on the shares I bought if they dont rally in time or enough or go much below 4.
December 6th, 2007 at 2:07:56 pm
The Fly Says:

No one thinks this will happen.

Look at the volume.

Learn up, son.
December 6th, 2007 at 2:25:06 pm
mdawsz Says:

The weekly chart looks good.
December 6th, 2007 at 2:54:08 pm
Woodshedder Says:

Bull stroker.
December 6th, 2007 at 4:44:57 pm
Razorback Says:

My logic for this trade is as simple as this.

MVIS is more likely than not to meet or exceed expectations about their technology at CES. More likely than not they will have a PicoP demo within a new Motorola phone. Motorola is just as desperate for a hit product, as MVIS is desperate to bring their technology to market.

A new flood of demand will come for the stock due to CES and all related publicity. I will sell into that herd to complete the trade.
December 6th, 2007 at 5:10:01 pm
DPeezy Says:

MVIS volume has been steadily diminishing this week, which corresponds with the triangle pattern it’s been forming. So it’s ripe for a breakout.

Or a break-down…but I say that quietly to avoid bad karma.
December 6th, 2007 at 9:31:57 pm