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Stock Discussion, Trading Ideas — iBankCoin.com

TBSI

by hattery on May 8th, 2008 at 8:39 pm

Liked it since 4/16 (check the comments)

Bought some the 4/17

I did take some profits at 40.65

But I liked it after the retest and didn’t miss too much.. check the comments April 28th

RC points out a close above 46.5 would be great, I agreed

Sure, I might rely on others, and use the members of IBC as a tool to help me confirm my presumptions…  But this isn’t school.  You see in real life, you don’t get in trouble for “checking your answers”

I can still pick em, haters<font size=”2

Oh, and by the way, After hours it’s up near $50. I don’t see much resistance.   You can probably still get in on the open and buy some (TBSI: 4.11 -11.42%), but chasing isn’t usually advisable, and you’d have to be willing to set a tight stop and be willing to renter. It’s a low float stock, so people (institutions) will take awhile to accumulate a position. And it’s also about to get short squeezed.

Short Interest (Shares Short) 1,386,200
Days To Cover (Short Interest Ratio) 3.7
Short Percent of Float 14.19 %
Short Interest - Prior 1,296,500
Short % Increase / Decrease 6.92 %
Short Squeeze Ranking™ 93

I’d like to see a close above $55 within the next few days.  This stock is up huge in a short amount of time.  For those of you that went long, you have some options.  William O’Neil would say a stock that can show 20% under 8 weeks should be held on for 8 weeks since buypoint, I say swap out, protect your profits, and free up some cash so you have the ability to put your money to work elsewhere without reducing much upside exposure.

Not much resistance left till it’s highs.  Maybe some minor resistance at 55, and some at 60…

Haters, what makes you wanna do wrong?
(Makes you wanna do wrong?)
Just to wake up early, afta hustlin’ all
night long (Yeh-eh-eh-eh-uhh)

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