JPMorgains

Solar flares

152 16 0
With solars heating up this one could break out again.
thamer84
3 years ago
hey jp how are you ?
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JPMorgains
3 years ago
I'm good thanks.
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thamer84
3 years ago
I really need your opinion for today about 3 craze stocks, i already have it OPTT 2.25, STXS 4.11, IRT 8.58
if you don't mind please
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JPMorgains
3 years ago
I would put a stop at your entry on all of those to reduce risk and take the profits it they run. How long have you had OPTT? From 2.25 seems like you should have sold in the 3's a couple times now....what's the deal? Take the money haha
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thamer84
3 years ago
lol I bought actually two days ago and I had mid term in trading and exchange course, i saw what happened i wasn't expecting a fast move like that, but what do you think for both of 'em and what would be the stop
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JPMorgains
3 years ago
Stop if it was me would be my entry price really, specially on OPTT when the bottom could fall out at any time in my opinion. If you are busy and cant watch it (you really shouldn't be in it haha) I would at least set a sell limit order at resistance or 3 bucks for OPTT. That way if the price spikes above 3 you will get filled and be out with a .75 gain which is a nice gain if you ask me on a speculative short term play.
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thamer84
3 years ago
That is what I will do , i'll put that tp 3.00, but is it still ok to reach it again, I mean still it has some positive side or not, even stxs
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JPMorgains
3 years ago
OPTT I honestly have no idea. Over 3.10 and it could go higher or If some press release comes out it could spike it I guess but I really don't know the whole story beyond the company getting a deal to use their technology recently. That candle today was pretty ugly though and it could follow through lower. There seems to be support though at your entry but heavy selling could easily break it or it could bounce strong again. Its really hard to say and I am no expert haha. STXS seems like it should bounce too and that spike at the close was nice. That's about all I can say. IRT I don't follow but I see its a REIT so if those do well it should go higher.
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thamer84
3 years ago
fair enough to clear the sky to me at least a bit, so i watch 'em closely, thank a lot
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JPMorgains
3 years ago
Just checked and the spike today was because of this press release below. It does sound like the company has potential but they have a long way to go before they even start to turn a profit which is why when you get big short term gains from a speculative company with no earnings...you take it right away.

http://www.4-traders.com/OCEAN-POWER-TECHNOLOGIES-49283/news/Ocean-Power-Technologies-Inc--Ocean-Power-Technologies-Awarded-26-Million-Contract-by-Mitsui-Engi-17414641/
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thamer84
3 years ago
mmm, that's why, cool good to know, what do you think of this stock as well ZNGX looks interesting
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thamer84
3 years ago
ZGNX
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JPMorgains
3 years ago
Its up on a drug approval. Most likely fades but could bounce. I won't trade it.
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thamer84
3 years ago
drug approval? when are they going to announce that?
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JPMorgains
3 years ago
They already did haha that was when it went from 2.20 to 3.45 in one day...has faded ever since. Gotta go buck good luck.
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thamer84
3 years ago
lool, ok good luck catch ya later
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