Basura Plays 101: Its PWR All Over Again!

Or Is It?

(Click Image To Enlarge)

But unlike PWR that had no "other" resistances, VITA still has one more to take out @ 1.72

It's Amazing how players and the market as a whole react to certain patterns. But of course, there's always that possibility that the market and players have changed. Trade with caution.

Update 10.29.2012

It could have mimicked PWR if it closed near the highs. 

But alas it did not. Too bad.

Related Posts:

http://zeefreaks.blogspot.com/2012/01/basura-plays-101-case-study.html

http://zeefreaks.blogspot.com/2012/01/basura-plays-101-its-bhi-all-over-again.html

The Pill : VITA

Were you able to take the Pill?

Click here for previous post

Market Thoughts : APM

These are not the disclosures you are looking for...

What if there was more to all those APM disclosures that were thrown at the table? 

Or what if they were just part of a big fat bluff?

Would you still play at current prices?

Photo Taken from http://www.flickr.com/photos/enelson81/4553402942/

APM is now the stock of the decade.

Update 10.30.2012 - (Before Trading Hrs)

The Joker has been cast

Board approval of changes in par value/corporate name, increase in authorized capital stock, reorganization of oil and mineral assets into subsidiary; Special Stockholders' Meeting on December 11, 012, Record Date on November 14, 2012

Too much speculation...
But whatever they say, Price Action is King!
Breakdown @ .144 = Bye!
Breakout @ .169 = Buy!


Related Post:
http://zeefreaks.blogspot.com/2012/10/apm-blowoff.html

GREEN : Distribution or Breakout?

Some say Distribution,

Others say Breakout.

What say The Jockeys?

And what say You?

(Click Images to Enlarge)

Multi Year Chart - Weekly View

1 Year Chart - Weekly view

Recent Points of Interest:

http://www.pse.com.ph/resource/disclosures/2012/pdf/dc2012-7316_GREEN.pdf

"Pursuant to the Investment Agreement, Cleantech (i) subscribed to 20,776,856,000 

primary shares of the Company for a total subscription price of PhP415,537,300.00, 

and (ii) was issued two (2) Warrant Certificates under the American call option covering 

10,489,500,000 shares of the Company with a strike price of P0.02 per share and 

10,489,500,000 shares of the Company with a strike price of P0.03 per share, 

exercisable within 1 year and 3 years from issuance, respectively."

http://www.pse.com.ph/resource/disclosures/2012/pdf/dc2012-6703_GREEN.pdf

Please be informed that on September 14, 2012, Greenergy Holdings Incorporated (the 

“Company”, formerly MUSX Corporation) entered into a preliminary agreement (“Term 

Sheet”)  with  Hydroring Capital BV  (“HC”)  for the development, operation and 

management of multiple hydropower projects, infrastructures and/or facilities  in the 

Philippines using the “Hydroring”-concept, with the aim of providing affordable access to 

environmentally friendly and sustainable sources of renewable energy.  HC is a Dutch 

enterprise which has developed a hydropower concept based on a portfolio of proprietary 

turbine innovations with a variety of added value components.

APM : Blowoff

"Just BUY Tomorrow and Enjoy the "JUMP" in the coming days."

APM 6 month Weekly Chart 10.11.2012

Click Here for more posts on Blowoff

Update 10.12.2012

One last hurrah before the fall?
I know both these stock are different but chartwise similar.


(Click Image to Enlarge)

http://t.co/rDGpzX4R

Update 10.16.2012

Should there be another decline tomorrow. 

Bullish = price not going below .088 or .091 (the higher the better) + volume not greater than today's




Update 10.19.2012

The next two trading days will be critical.




Update 10.24.2012

If there will be another decline/(consolidation) in the coming days,
Bullish = Price not closing below .15/.151 + Volume not higher than today's

Always set your stops.



Update 10.27.2012

We should see a clear direction on where this is heading within the next 1-2 trading days. 
Any close on or above the .16 Level would be considered bullish. Peg your Stop on .144

Borg Stocks and Trailing Stops

Last year it was PWR, MET, and AAI

This Year it's LMG, MAKE and APM!

Don't you just love BORG stocks?

For those of you who don't know about the Borg from the Star Trek Series, 

Well.. Borgs are the merciless living nightmares of the vast galaxy that either assimilates 

or destroys any sentient race in its path.

And the Borg's favorite pickup line?

Yes. Once the Borg Collective makes a move, resistance will be like a hot knife through butter.

Borg Stocks are just like that. 

They usually manifest themselves after a breakout from an ATH (All Time High) Resistance or a Multi Year Resistance. They make gaps as they go through the days, and even defy the natural laws of the RSI Gravity.

The catalyst for this phenomenon is usually unknown especially during the rise.

So how do we play with these bad ass stocks?

Buy on Breakout and Set Trailing Stops.

I don't know about you but this works for me. 
There are many ways to set trailing stops. 
Find that which suits your trading style best.

APM Chart

APM Chart 10.8.2012

APM Chart 10.9.2012

Be sure to SELL when your stop is hit.

Trust me... You don't want to be holding a dead Borg.