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GU: Long Idea

Wednesday, April 16, 2008 at 10:45 pm

8

After some nice consolidation since my last post, (GU: 1.13 +4.63%) may be ready to bust loose.

gu-2.gif

Caution: thinly traded

Disclaimer: Long GU

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Posted by RaginCajun on Wednesday, April 16, 2008 at 10:45 pm 
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Comments

8 Responses to “GU: Long Idea”
  1. Woodshedder says:
    April 16, 2008 at 11:15 pm

    Very interesting.

    There is some research out there on stocks that double in 8 weeks and then form a bull flag (much as GU has done).

    There were 22925 examples of this from 2000-2007. The average gain to max. high after breakout was 114%.

    Reply
  2. eddwinn says:
    April 16, 2008 at 11:21 pm

    bull flag forming in MVIS similiar to this..

    Reply
  3. RaginCajun says:
    April 16, 2008 at 11:23 pm

    this is by far my favorite speculative pick out there

    Reply
  4. yeomps says:
    April 17, 2008 at 12:32 am

    Rage, thanks for the csiq call. I got in that one at 26.50.

    Reply
  5. alphadawgg says:
    April 17, 2008 at 2:28 am

    I’d wait for a confirmed reversal at 15 before going long. Higher lows recently are favorable.

    Reply
  6. Employee8 says:
    April 17, 2008 at 4:00 am

    CZZ in Brazil does sugar based ethanol with Petrobas, how’s that one look?

    Reply
  7. Mac says:
    April 17, 2008 at 7:28 am

    I am also in this stock and looking to add on a move higher. Volume has been very low as it consolidates here, which is perfect. The 9 day moving average has been support so far and I will keep riding that level, hopefully upward.

    Reply
  8. Juice says:
    April 17, 2008 at 7:28 am

    Since Ragin is hot, I will buy GU effectively jinxing the boy and will promptly get my face ripped off.

    Reply

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