A highly speculative stock play.

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  • RageWizard
    SBR MVP
    • 09-01-06
    • 3008

    #1
    A highly speculative stock play.
    O.K. stock people I'm releasing my very highly speculative stock play today for CAMH (Cambridge Heart). Closed yesterday at 1.23 and reports today after close.

    They make a machine that will help identify otherwise healthy people who then just drop dead from a heart attack.

    This stock fell from the sky in the 4th quarter last year because of a scientific study done on their machine didn't appease the market. Well you could read the report online through any stock web site, and maybe ganchrow could understand it the first time through because it is written by lawyers, scientist, and mathematicians, a real page turner. Anywhatever, they changed CEO's because of bad management, and it turns out now that the report has been out for 5 months now and upon critical analysis of the report, it was actually a favorable piece, although it took me about a month to figure that out.
    Further more their machine has already been approved for usuage from justg about every insurance company.
    This stock has been at the $1.00 level now for a while and every time it dips below a buck it meets with support to push it back over the $1.00 mark.

    Today I expect a dip as the day goes on, so I'm gonna pick up a quarter position of $2500 before the earnings report, which will probably be in line or even below expectations. After tonight's report I will then either sell on a pop and draw back and then buy, or just buy if it takes a hit, until I get a full position for me.

    I still think that the market will go down to 10,500 before things start to look better.
  • capitalist pig
    SBR MVP
    • 01-25-07
    • 4998

    #2
    Ill take a look at it,although I hate any stock that reports earnings on a Friday afternoon. Never got over the Friday afternoon surprises ORCL used to throw out at the markets.


    later
    Comment
    • RageWizard
      SBR MVP
      • 09-01-06
      • 3008

      #3
      I really expect earnings to push it down to around a $1 but it holds at that level very well.
      Comment
      • BrentCrude
        SBR MVP
        • 11-16-05
        • 4665

        #4
        My brotherinlaw the mathmatician-poker player-alternative health nut fanatic -mizer-tightwad but sometime sway away from blue chip stock investor bought something like this stock on the Vancouver exchange a few years back.I think it was dealing in heart valves and blood thinners for the Chinese market and he lost the whole wad he invested.

        We have Medtronics in Minnesota so these scheister dad and brothers called a company Endotronics to associate themselves as players in the heart bio med industry.They came up to my area and bamboozled the socialist democrats that run all branches of government here that if they were given a ton of freebies,they would pay big dividends to the entire area down the road.Someone on Wall Street saw a red flag pop up as the deal was going down and they saved the day for the idiot socialist politicians who actually doubted the Wall Street people on them being crooks.

        You get these people that are rain makers that come to my area for government freebies to set up their pie in the sky companies.hehe!

        This one of yours though sounds legitimate and interesting.
        Comment
        • RageWizard
          SBR MVP
          • 09-01-06
          • 3008

          #5
          Originally posted by BrentCrude
          My brotherinlaw the mathmatician-poker player-alternative health nut fanatic -mizer-tightwad but sometime sway away from blue chip stock investor bought something like this stock on the Vancouver exchange a few years back.I think it was dealing in heart valves and blood thinners for the Chinese market and he lost the whole wad he invested.

          We have Medtronics in Minnesota so these scheister dad and brothers called a company Endotronics to associate themselves as players in the heart bio med industry.They came up to my area and bamboozled the socialist democrats that run all branches of government here that if they were given a ton of freebies,they would pay big dividends to the entire area down the road.Someone on Wall Street saw a red flag pop up as the deal was going down and they saved the day for the idiot socialist politicians who actually doubted the Wall Street people on them being crooks.

          You get these people that are rain makers that come to my area for government freebies to set up their pie in the sky companies.hehe!

          This one of yours though sounds legitimate and interesting.

          Like I said, this is a total speculation play for me. There is a good reason for the stock being at a buck and a quarter. They already have approval for insurance so maybe they can sell a couple of these things over the year and make me some dough. If not there goes 10 grand.
          Comment
          • fathead
            SBR Hustler
            • 08-18-05
            • 69

            #6
            Check out Realty Income Corp, symbol O .

            Very well run, reported record profits recently, yet has been beaten down to near $20 on the real estate news of late. Yields 7%!! Has a long history of steadily increasing the dividend. Solid stock. Get it at bargain prices while you can.
            Comment
            • Poker_Beast
              SBR Hall of Famer
              • 09-14-06
              • 6545

              #7
              Not to sure on this stock - doesn't sound like it has a big future but you never know.

              Stocks - legal form of gambling!
              Comment
              • RageWizard
                SBR MVP
                • 09-01-06
                • 3008

                #8
                O.K. people a little sell off to start the day on Wall street. I pick up another half of a position of CAMH at 1.09. Just like I thought the stock settled down after the year end report. I still have a quater to go but I will see if it sinks further before I put in the last $2500 for the long haul.

                Oh that asshole who runs the country has a news conference. The market will probably go down another 100 while he is on tv,
                Comment
                • 20Four7
                  SBR Hall of Famer
                  • 04-08-07
                  • 6703

                  #9
                  I haven't played this one but was given it by a friend who actually went to israel to witness some tests.

                  Company SDEV. Website: www.lektrox.com.

                  I have no interest in it presently, just sayings all.
                  Comment
                  • louisvillekid
                    SBR Hall of Famer
                    • 08-14-07
                    • 9262

                    #10
                    i'm not a stock guy, but when Micky D's(McDonalds) said they were going to start those DVD rental machines at their stores, i thought about trying to find out who actually makes the machines, cause those things will be everywhere eventually. i know the McD's by me has one and that thing always has a line of people at it.
                    Comment
                    • JBC77
                      SBR MVP
                      • 03-23-07
                      • 3816

                      #11
                      I have to disagree with your bottom of 10,500. I think we will test 12,000, maybe 11,500. At some point these rates cuts are going to spark real estate buying again. CNBC acts like the sky is falling, it's good for ratings.

                      Thanks for the play though, definately going to keep an eye on it. I've tracked a few of these medical device stocks in the past. It's either hit or miss. The machine will sell or it won't. Do they have current production capacity to meet demand if the machine gets hot?
                      Comment
                      • RageWizard
                        SBR MVP
                        • 09-01-06
                        • 3008

                        #12
                        If the fed will stop throwing money at the market, it could reset and we can get on with our lives. The market will go down past 12,000 and retest the 11,800 lows at te very least. I'm sticking with the 10,500, but will be ready to jump in big anywhere under 11,000.
                        Comment
                        • RageWizard
                          SBR MVP
                          • 09-01-06
                          • 3008

                          #13
                          The market is steadily going down just like my ex wife at a Star Trek convention. Yeah she that skanky now.
                          But really the market has had nothing but bad news all day,and it is sitting at -244 for the day. Despite all of this watch for a possible short covering rally this afternoon I'm going with small play of 100 shares of the DIA at 123.40 etf for the rest of the day. If if goes up by the end of the day, I'll sell today, otherwise I'll keep til monday. As always I'm putting in a stop of 2.5%.
                          Comment
                          • Quebb Diesel
                            SBR MVP
                            • 01-26-08
                            • 3045

                            #14
                            fixed income or bonds since the market is down?!
                            Comment
                            • Dark Horse
                              SBR Posting Legend
                              • 12-14-05
                              • 13764

                              #15
                              I think we may retest the 11,500 bottom this coming month. By the end of March things should start to look up.

                              Great buying opportunities out there. Fear is something quite beautiful, if you're not easily scared.
                              Comment
                              • RageWizard
                                SBR MVP
                                • 09-01-06
                                • 3008

                                #16
                                Originally posted by Quebb Diesel
                                fixed income or bonds since the market is down?!
                                I suggest the churning butter with alternating long and short plays for the volitale market. Bonds are still shit. Mutuals are killing people. If ou don't believe me look and see whatyour 401 has hauled in this year.
                                Comment
                                • Quebb Diesel
                                  SBR MVP
                                  • 01-26-08
                                  • 3045

                                  #17
                                  ha ha im in college so i dont have a real job but one of my buddies works for some firm in bloomington and i always call him and joke around about buying stocks during the day...he was telling me how awful the market was today and told me to go fixed income or bonds today since the market was so low and it could make a u turn or something?
                                  Comment
                                  • RageWizard
                                    SBR MVP
                                    • 09-01-06
                                    • 3008

                                    #18
                                    Originally posted by Dark Horse
                                    I think we may retest the 11,500 bottom this coming month. By the end of March things should start to look up.

                                    Great buying opportunities out there. Fear is something quite beautiful, if you're not easily scared.
                                    As I'm typing this my play is getting killed today. I hope it retest the 11,500 mark, i've been waiting for a freaking month for this. Actually I'm still sticking with my original 10,500 from Christmas.
                                    Comment
                                    • Dark Horse
                                      SBR Posting Legend
                                      • 12-14-05
                                      • 13764

                                      #19
                                      We're going to get another rate cut in March. I think 10,500 would cause too much panic. Market level can be controlled by Plunge Protection Team, especially with so many short sellers, but they have obviously laid low in the past months; probably because their artificial protection against big drops lies at the very root of today's problems.
                                      Comment
                                      • RageWizard
                                        SBR MVP
                                        • 09-01-06
                                        • 3008

                                        #20
                                        Originally posted by Dark Horse
                                        We're going to get another rate cut in March. I think 10,500 would cause too much panic. Market level can be controlled by Plunge Protection Team, especially with so many short sellers, but they have obviously laid low in the past months; probably because their artificial protection against big drops lies at the very root of today's problems.
                                        I hate the plunger group, they really have caused a lot of this mess.
                                        Comment
                                        • Dark Horse
                                          SBR Posting Legend
                                          • 12-14-05
                                          • 13764

                                          #21
                                          Wall Street is an interesting game. An inner circle of people who know what is going on (but keep quiet about things as the PPT), and put out a completely different story to the public.

                                          If the Wall Street boys pump a stock, you can almost be certain that they're ready to dump it as soon as the public has bought into their story.
                                          Comment
                                          • hoopster42
                                            Restricted User
                                            • 02-12-08
                                            • 6099

                                            #22
                                            market scares the heck outa me rite now
                                            Comment
                                            • RageWizard
                                              SBR MVP
                                              • 09-01-06
                                              • 3008

                                              #23
                                              Looks like my play today fell short, Monday I still expect a rally, even if only a short covering rally.

                                              Don't be scared, just learn some basic chart reading and like the Brent Crude says the elite kind of run the place so it is best to not listen to them or better yet do a Col Klink on them and do the opposite. I only read the charts because that is one aspect that can not be altered. The rest of the B.S. is just superfluous information designed to promote a story designed to get you to sell or buy.
                                              Comment
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