November 2005
Monthly Archive
Tue 29 Nov 2005
Posted by Administrator under
Model PortfolioNo Comments
GZFX.OB - Today we sold half the position in GZFX.OB at .02. According to our technical analysis, the stock may be a little over extended. There is a possibility for some continued downside here, but this may be seen as an opportunity for a possible reentry. We will be watching closely as usual and keep you informed.
ARSC.OB - This stock is right up against it’s 50 day moving average. Lets see if it can break through. Still holding this stock for now.
SMKT.OB - Still a hold pending the Texas Instruments merger.
More to come,
SMG Staff
Sun 27 Nov 2005
Posted by Administrator under
Model PortfolioNo Comments
First, there is a new addition to the departments section. A Trader Taxes section has been added. You can visit this section by clicking here. This new department will be frequently updated with information regarding tax considerations for traders.
Now, on to the Model Portfolio.
GZFX.OB - We will be watching GZFX closely Monday morning for weakness. There is a strong inclination to at least take partial profits here, but there is definitely a potential for further upside.
ARSC.OB - This stock is still scraping along. We will continue to watch it. For now it is a hold.
SMKT.OB - This stock is also moving along a support/resistance channel. It is also a hold. Keep in mind that the upcoming merger with Texas Intruments is the underlying reason for holding this stock.
More to come,
SMG Staff
Mon 21 Nov 2005
Posted by Administrator under
Model PortfolioNo Comments
GZFX.OB - This stock went for a nice flight today on very high volume. We will definitely be looking to sell half the position tomorrow morning. There is some more resistance at .02. However if it passes .02, there is no telling where it will go.
ARSC.OB - A pretty uneventful day for ARSC.OB. We will continue to hold and watch for support at current levels.
SMKT.OB - This stock also had an uneventful day. We will continue to hold this one.
More to come,
SMG Staff
Sun 20 Nov 2005
Posted by Administrator under
Model PortfolioNo Comments
GZFX.OB - This stock looks like it may be hitting resistance at .015. As a result, we will be keeping a close on this. We may sell half the position early on Monday morning in order to lock in some profits.
ARSC.OB - It looks like crunch time for ARSC.OB. There should be support at .14 and if it doesn’t hold here then it does not bode well for this stock. We have already banked some profits on this one and will not allow the position to eat into them very much.
SMKT.OB - This one seems to be scraping along. There is no real desire to sell SMKT.OB here. The upcoming merger with Texas Prototypes looks like it should definitely benefit the stock.
More to come,
SMG Staff
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