View Full Version : Ngps
New-born baby
02-03-2005, 07:20 PM
Huge-ites,
A lot of "thread" and money has been dropped on NGPS, and I think some of us have lost some change on this stock. WE DON'T LIKE THE IDEA OF ANY MR. MARKET TYPES LOSING MONEY IN THE MARKET. Like Slim said, "we've come to get our money back."
I have been down on this killer stock since she dived in early January. An institution took out their 4.5 million shares, and left smoking hulks and burning wrecks all over the place.
I have received good information about NGPS that I'd like to share with you, and you must make your own decisions. I have changed my opinion on this stock from "flee to the hills" to "Strong buy." You make your own investment decisions.
NGPS is considered a strong buy because:
1. stochastics point out she's oversold and now are moving upwards
2. DMX crossover today
3. The selling volume on NGPS climaxed three weeks ago. All the selling since has been on lower volume.
4. NGPS is about to cross the 20 dma, which will signal a trend change.
5. Profits have been announced, and they are excellent.
6. Wed was a bullish engulfing candle.
7. NGPS has been very recently recommended by Louis Navellier/Joe Battaglia.
Conservative target: $28.
Best wishes to you all always, and God bless!
Runner
02-03-2005, 07:31 PM
Hey Newborn very good write up on NGPS. I'm gonna look into it
thanX
New-born baby
02-03-2005, 07:58 PM
Observe and judge for yourselves:
New-born baby
02-03-2005, 07:59 PM
I won't make you wait until next week:
New-born baby
02-03-2005, 08:00 PM
Look and learn-------------
Gatorman
02-03-2005, 08:01 PM
Hey Newborn very good write up on NGPS. I'm gonna look into it
thanX
New-born:
I like your analysis. I almost bought in again at 21.00 but, like you, did not care for the huge block selling and was wondering if there was more going on "under the radar." Funny isn't it how the market sometimes makes us put on our skeptical hats.
However, I too, like that pool shooting boy named Willie McCoy might come to get my money back.
New-born baby
02-03-2005, 08:07 PM
Gatorman,
Anybody who lost his money on this forum ought to get their money back with interest now.
Conservative target: $28. Overhead resistance fairly low (for all this stock has been through) to that point.
New-born baby
02-03-2005, 08:22 PM
NGPS: Why $28 target?
It's the current 50 day moving avg. See?
New-born baby
02-03-2005, 08:24 PM
More good news:
JIM CRAMER IS NOT RECOMMENDING NGPS.
Gatorman
02-03-2005, 08:28 PM
More good news:
JIM CRAMER IS NOT RECOMMENDING NGPS.
New-born:
The best news of all!
New-born baby
02-03-2005, 08:42 PM
Please note that I am not saying that $28 is the end of the line. I am saying that $28 SHOULD BE a very easily attained target.
Websman
02-03-2005, 08:47 PM
Thanks for the NGPS write up Newborn!
I may just jump on board!
New-born baby
02-03-2005, 08:56 PM
Yer welcome, Webs.
I enclosed a picture of our best investment advisor for your viewing pleasure.
New-born baby
02-03-2005, 09:45 PM
Go back and start reading at the beginning.
jiesen
02-04-2005, 10:38 AM
here's another NGPS chart I found:
http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID1097445
Gatorman
02-04-2005, 12:41 PM
New-born:
After my past involvement with AA, LU and JDSU I waited to be sure that Cramer didn't come out this morning and endorse NGPS.
Since he has been silent so far, I took a 100 share postition at 23.74. Didn't want to dip my toe in any further until I'm sure Cramer doesn't jinx me.
New-born baby
02-04-2005, 01:33 PM
Gatorman,
I am doing my taxes this morning, and the Capitol Gains/Loss forms brought back the haunting memories of listening to his paid advice in Feb-April 2004.
Best to you with NGPS. It looks good as long as the NAZ doesn't take a big tumble.
Runner
02-04-2005, 02:00 PM
Doubt if my order will fill but Put one in on NGPS at the bottom of range or around 20.20…
Runner
02-04-2005, 02:03 PM
Sorry posted in wrong thread!!
Websman
02-04-2005, 05:01 PM
Doubt if my order will fill but Put one in on NGPS at the bottom of range or around 20.20…
Yup...I tried for $21.86 on NGPS and didn't get filled today, but it looks like we'll have another buying opportunity on Monday.
It was easier to buy stocks when I was getting off of work early enough to catch the last two hours of the trading day...oh well, somebody has to work for a living...lol
Why Is Anyone Screwing Around With Ngps When They Could Be Making Money On Something Else?
New-born baby
02-04-2005, 05:48 PM
Why Is Anyone Screwing Around With Ngps When They Could Be Making Money On Something Else?
RL,
What would you suggest? We'd love to hear your suggestions.
We're kinda, what would you say, hillbillies about the market.
Websman
02-04-2005, 05:55 PM
Why Is Anyone Screwing Around With Ngps When They Could Be Making Money On Something Else?
I don't know...I guess I'm bored...BWAAAAAAAAAHAHAHAAAAAAAAAAAAA!!!!!!
New-born baby
02-04-2005, 06:01 PM
Webs,
Ya'll come on over for some vituals! And we'll talk about the market.
Runner
02-05-2005, 09:43 AM
http://img210.exs.cx/img210/4859/ngps8ew.png
I’m looking @ 60 min chart on NGPS. Notice the 2 blue lines. I’m wondering if this stock might trade in a range? If it clears 24 area it may run up to 26 short term, but if the 24 range is resistance then it very well may head back to bottom of range. It also may be possible that an inverted H/S pattern is forming. If this is the case the measured move would take it to the 28.00 range.
Maybe one could play this two ways:
Let it clear 24 area with strong volume or see if it falls back around 20.
I’m interested in what others think about this?
runneR
New-born baby
02-05-2005, 10:02 AM
Runner,
Looks good to me! Thanks!
Runner
02-05-2005, 10:05 AM
NewBorn something I’ve been trying out. I’ve been trying to find 2 opportunities for each stock I’m looking at. This I have not done in the past so my experiment has not been tested. In any case both plays on NGPS would have tight stops!!
Runner
02-09-2005, 07:48 PM
Yup...I tried for $21.86 on NGPS and didn't get filled today, but it looks like we'll have another buying opportunity on Monday.
It was easier to buy stocks when I was getting off of work early enough to catch the last two hours of the trading day...oh well, somebody has to work for a living...lol
What ya think Webs?
Thomrich
02-10-2005, 12:46 AM
Greetings,
I had thoughts of getting back in here,but in my opinion this is like gambling now.
It will be interesting to see if 20 gets tested and holds.With earnings coming out in a couple of weeks and members of the board leaving today,something tells me its going to be a bumpy ride.
I could see NGPS returning to pre IBD runup of around 15 if earnings dont beat raised forecasts,or something comes out of the woodpile from the recent insider sale.
So far it looks amazingly like ESMCs chart from a year ago.
cordially Tom
New-born baby
02-12-2005, 08:31 AM
Greetings,
I had thoughts of getting back in here,but in my opinion this is like gambling now.
It will be interesting to see if 20 gets tested and holds.With earnings coming out in a couple of weeks and members of the board leaving today,something tells me its going to be a bumpy ride.
I could see NGPS returning to pre IBD runup of around 15 if earnings dont beat raised forecasts,or something comes out of the woodpile from the recent insider sale.
So far it looks amazingly like ESMCs chart from a year ago.
cordially Tom
Tom,
ESMC and many other IBD top 100 stocks have the same pattern: once the big boys tire of playing with them, they are like a cat the dogs have mauled. They tend to go over into the corner and die. That could happen here, I don't know. RL throws darts better than I can read a chart, and he says leave this thing alone.
On the EENC front, it shows a great deal of weakness compared to PWI, PGH, BPT, DOM and even PVX. I am out with a couple hundred profit.
Runner
02-12-2005, 06:08 PM
I'm staying clear from NGPS!!
New-born baby
02-28-2005, 11:37 AM
I'm staying clear from NGPS!!
I hope Tomrich is wrong in this instance (i.e., NGPS and ESMC have similar charts and perhaps similar fates). I checked ESMC this morn and its at 5.59 per share. NGPS was down $1.17 to $17 range this morn as I write. Perhaps you've got the best advice, Runner.
New Born thought I asked that ? a few weeks ago
New-born baby
02-28-2005, 02:55 PM
New Born thought I asked that ? a few weeks ago
RL,
You were 100% correct. NGPS is not worth investing in. You were right on.
We look forward to your other picks!
New-born baby
02-28-2005, 02:56 PM
New Born thought I asked that ? a few weeks ago
RL,
You were 100% correct. NGPS is not worth investing in. You were right on.
We look forward to your other picks! Or maybe we should short this devil.
New Born I'm no good at throwing darts to short stocks I was In this stock but It did not act good to me. So I just took the money I had In It and moved on.
Good Luck whatever you do.
The LORD knows we need It
In this market.
New-born baby
02-28-2005, 04:07 PM
Ray,
Well, if you are no good throwing darts at shorts, at least you are very good at throwing darts at Longs! Keep us posted on what your dart hits! As for the Lord grant us luck, well, I would say that there is no such thing as luck. There is only God. So I wish that God would be with you in this market!
noshadyldy
03-01-2005, 01:11 PM
NGPS, in my arm chair psychology opionion, has become an emotional play for some of us. From my own feelings, I can say that I keep having a desire to grab the thing by the throat and choke my money back out of it. "It's in there, it's got it, I want it back, damn it!" But everytime it looks like it might turn up and enable me to take some back, the slimy snake just turns it's head straight at me, swallowing some more money with a big self satisfied gulf and laughs it's devilish laugh straight in my face. Mwahahahhahahahhaaaaaaaahisssssssss!
noshadyldy
03-01-2005, 01:21 PM
Now FRD on the other hand, looks like it's gonna give some back. It's not evil.
Looked like it had a nice channel long day or darn close to it.
(spike tell me i'm wrong If you sees that I am)
spikefader
03-01-2005, 01:47 PM
NGPS, in my arm chair psychology opionion, has become an emotional play for some of us. From my own feelings, I can say that I keep having a desire to grab the thing by the throat and choke my money back out of it. "It's in there, it's got it, I want it back, damn it!" But everytime it looks like it might turn up and enable me to take some back, the slimy snake just turns it's head straight at me, swallowing some more money with a big self satisfied gulf and laughs it's devilish laugh straight in my face. Mwahahahhahahahhaaaaaaaahisssssssss!LOL - hilarious writing! Hope you don't mind me saying that, since it's treating you so badly, and it's really no joke at all, but you really are a good writer, if that's any consolation.
This year NGPS has been relentlessly bearish in the face of FIB entries, channel entries, and every other bullish setup that raised it's unwelcome head. The chart I've attached has some hindsight thoughts completely independant of the FIB system long I took. It reminds me of the kind of move that CDE did from 7.00 down to 3.00. It's the kind of move that will cause emotional despair, leading to disinterest. Only when you've forgotten about it and perhaps stopped looking at it will it attempt to recover like CDE did :D I remember the top of CDE, I was watching silver and gold closely. The buzz made people forget about the wave action and technical need to correct. The sell off was fast, with gap downs and seemed relentless in the face of the good feelings about precious metals. I think silver's bullishness in the future will drag dog stocks like CDE up to new highs, but it's taken time, and even now it doesn't look technically ready.
As far as NGPS, looking at the weekly it just makes you shake your head and think 'where is the support?' I see 13.00 on the daily and maybe 12.00 on the weekly, as far as channels go. But channels aren't always right at picking support, so take those numbers with a grain of salt.
I watch with sorrow at NGPS, and offer my sincerest condolences at the pain you are feeling. I will excitedly post anything of a bullish nature I see in it for ya.
noshadyldy
03-01-2005, 02:36 PM
>LOL - hilarious writing! Hope you don't mind me saying that, since it's >treating you so badly, and it's really no joke at all, but you really are a good >writer, if that's any consolation.
Thank you dear spike, It does give me comfort. And what a lovely entry that provides me for throwing myself a little pity party right here and now.So everyone gather round, grab their blankies and let me tell you all my recent tale of woe. Ahem...Once upon a time there was a very nice nurse (also known as noshadyldy for those slow on the uptake) Anyway, this nice nurse was very allergic to chemicals, ie, perfumes and also star gazer lilies that sometimes appear in patients arrangements. This poor being would suffer terribly to the point of becoming acutely asthmatic,(needing to be placed on oxygen in the past) tachycardic, migrained and sharply ear ached. Not a good scenario under which a nurse should have to perform. Anyway, this nice nurse (who by the way, has many times been singled out as exceptional by her patients) is also an ambassador in the hospital, which basically means she toils free of charge as a member of a special task force to improve conditions for both patients and staff. So anyway, she brings this up in hopes of addressing a policy change, along with her past practice of asking patients to please not to wear perfume on the unit and to please remove the offensive lilies. (she's not the only one that reacts to those buggers.) Having bared her vulnerabilities,she was told in no uncertain terms that no nurse has the right to even ask the patient that, that it is considered poor service excellence, one of the platforms they are working on improving. It seems her right to safety in her work environment pales next to the patients right to wear the offending scents and display offending lilies. She is forbidden to protect herself.
Feeling like she's seen truly how the administrative brass values (or rather doesn't) their nurses,the very next day she resigns from that organization. At home, in a rather self pitying mood, albiet sardonic for sure, she pens her feelings on a lone piece of paper.
She chooses to share:
Goodbye to (censored name of hospital)
(With full apologies to Shakespeare)
To wheeze or not to wheeze, that is the question.
Whether 'tis nobler in the human resources dept to suffer
the stings and stinks of outrageous perfumes
or be it more true, more sane
to take caution against offensive lilies
And wage cause against, the wretched varied stench,
and end thy own pain?
To try, to speak, "Avon no more" to end thy head-ache
the thousand shocks to thy system immune thy stench doth make.
Tis a consummation devoutly to be wish'd.
To try, to speak; perchance to squeak, ay, there's the rub;
for bronchial squeeze, the thief it 'tis
doth quiets thy claims of piercing drums ,
drums inside thy very ear,
doth quiets the claims of thunderous wars waged inside
thy head so dear,
Alas, to end thy pain, thy squeaks, thy ears that lance
or to accept thy lot
of unworthy snot,
to suffer the pains of service excel-lance?
Nay, I say, to all that stink,
to potions, lotions around thy sink,
to lilies that robbeth thy very breath
that supplieth me the pulmonary gas
necessary to breathe, proclaim to the brass,
come one, come all
and kiss my a**.
Kinda has a nice ring to it, ya know. : ) quite the comfort, actually.
Sincerely and with deepest regards to all my trading friends who I just know will understand, snif snif
Margie
spikefader
03-01-2005, 02:52 PM
To wheeze or not to wheeze, that is the question.
Whether 'tis nobler in the human resources dept to suffer
the stings and stinks of outrageous perfumes
or be it more true, more sane
to take caution against offensive lilies
And wage cause against, the wretched varied stench,
and end thy own pain?
To try, to speak, "Avon no more" to end thy head-ache
the thousand shocks to thy system immune thy stench doth make.
Tis a consummation devoutly to be wish'd.
To try, to speak; perchance to squeak, ay, there's the rub;
for bronchial squeeze, the thief it 'tis
doth quiets thy claims of piercing drums ,
drums inside thy very ear,
doth quiets the claims of thunderous wars waged inside
thy head so dear,
Alas, to end thy pain, thy squeaks, thy ears that lance
or to accept thy lot
of unworthy snot,
to suffer the pains of service excel-lance?
Nay, I say, to all that stink,
to potions, lotions around thy sink,
to lilies that robbeth thy very breath
that supplieth me the pulmonary gas
necessary to breathe, proclaim to the brass,
come one, come all
and kiss my a**.
Margielmbo. Bravo! :)
New-born baby
03-01-2005, 03:34 PM
NOshakespearlady,
IF Wm. Shakespear owned a gun, he'd have just shot NGPS and got it over with! That way he would have spared us all . . . . (i.e. the pain of losses on this Jack the Ripper-type stock; and the pain of . . . .).
You remember how Spike sometimes says, "The chart whispers of lower prices."?
Well, when I looked at his latest work of art on NGPS, it whispered in my ear, "ELN." Uuuugggghhhh.
spikefader
03-01-2005, 03:54 PM
And she's off!
LOL
Must have liked the poem!
jiesen
03-01-2005, 04:07 PM
alright, now that's what I'm talkin' 'bout!
I knew $17 was just a mirage. Back to $18 and a buy in the blink of an eye...
New-born baby
03-01-2005, 04:47 PM
And she's off!
LOL
Must have liked the poem!
Batman,
Did you know NGPS will report earnings on March 10? Does that mean now is the time to buy or what?
New-born baby
03-08-2005, 04:49 PM
NGPS watchers:
NGPS was down another $1.10 today. Very, very low volume, too. Earnings report comes out Thursday, March 10,2005.
I have the gut feeling that NGPS is going to spike upwards a good bit on the earnings news.
jiesen
03-08-2005, 05:17 PM
could get a nice $1-2 spike from today's AH news of the India contract also...
spikefader
03-08-2005, 05:18 PM
Well New-born, the chart whispers lower unfortunately!
:(
jiesen
03-08-2005, 05:40 PM
hmmm, maybe I will keep my finger on the sell button just in case...
New-born baby
03-08-2005, 06:02 PM
Well New-born, the chart whispers lower unfortunately!
:(
Spike,
Yeah, the chart looks pretty tough, doesn't it? And that $1.10 drop today on an $18 stock--well, it's not falling softly, is it? Losing 6% per day is awful. I am just glad I don't own any.
Still, my gut says we are going to get a spike to maybe $20. It could just be that my wife hasn't prepared supper yet, either! We shall know Friday.
New-born baby
03-10-2005, 09:44 AM
NGPS "fans"
She's up $2.24 in the first ten minutes this morning with a good report. $20 is back in style, and I think she might be on the upswing again. (Let's hope so for Jiesen's sake!).
jiesen
03-10-2005, 09:46 AM
http://biz.yahoo.com/bw/050310/105192_1.html
Revenues in the twelve months ended December 31, 2004 were CDN $53.9 million (US $41.4 million) compared to CDN $38.7 million (US $27.3 million) in fiscal 2003. The Company is reporting net income for the twelve months ended December 31, 2004 of CDN $12.8 million (US $9.8 million) or CDN $1.59 (US $1.22) per share - basic, compared to a net income of CDN $3.5 million (US $2.4 million) or CDN $0.45 (US $0.32) per share - basic, in the similar period a year ago.
Compare this to:
http://biz.yahoo.com/bw/050124/245429_1.html
NovAtel Inc. Announces Preliminary 2004 Financial Results
Monday January 24, 8:19 am ET
Notes Ownership Change by Major Shareholder
CALGARY, Alberta--(BUSINESS WIRE)--Jan. 24, 2005--NovAtel Inc. (NASDAQ:NGPS (http://finance.yahoo.com/q?s=ngps&d=t) - News (http://finance.yahoo.com/q/h?s=ngps)), a precise positioning company, announced preliminary unaudited results for the year ended December 31, 2004. NovAtel Inc. ("the Company") currently expects full year 2004 revenue of CDN $53.5 to $54.0 million, compared to previous guidance of CDN $51.0 to $53.0 million. The Company expects full year 2004 net income of between CDN $9.2 to $9.7 million, compared to previous guidance of CDN $8.0 to $8.8 million. The Company also notes that its cash, cash equivalents and short-term investments balance increased to approximately CDN$23 million as of December 31, 2004, an increase of CDN$10 million since the beginning of 2004. The Company's fourth quarter of 2004 marked the 13th consecutive quarter of positive operating cash flows.
Not too shabby, eh? Coming in at the high end of revenue projection, and beating the earnings projection by $0.2M...
jiesen
07-05-2005, 04:26 PM
Today's news brings NGPS to a double from May's low of $15!
go NGPS! Keep bringing in those contracts:
http://biz.yahoo.com/ccn/050705/aab2560ed1e6152f0c8bda26115fd30f.html?.v=1
NovAtel Inc. Receives Contract for WAAS-GUS Signal Generators
Tuesday July 5, 9:16 am ET
CALGARY, ALBERTA--(CCNMatthews - July 05, 2005) - NovAtel Inc. (NASDAQ:NGPS (http://finance.yahoo.com/q?s=ngps&d=t) - News (http://finance.yahoo.com/q/h?s=ngps)), a precise positioning technology company, announced today that an order for four WAAS GUS-Type 1 Signal Generators was received from Raytheon Company in support of the US Geostationary Communications & Control Segment (GCCS) program. NovAtel completed shipments of these four GUS Signal Generators in June 2005. The value of this recent WAAS contract award is approximately US $295,000.
NovAtel has been working with the US Federal Aviation Administration (FAA) and Raytheon Company for the past two years to engineer and produce this new generation of key WAAS ground network and Ground Uplink System (GUS) equipment for Prime Contractor Lockheed Martin, under a contract from Raytheon Company first announced by NovAtel on November 5, 2003. The Signal Generator NovAtel has developed for this WAAS ground system - the WAAS GUS-Type 1 Signal Generator - is a high performance L1 and L5 signal generator designed for use in the ground uplink system of Space-Based Augmentation Systems (SBAS). The GUS Signal Generator is built with two independent L1 and L5 signal generators that precisely control the frequency and phase of L1 and L5 code and carrier.
The FAA determined that additional Geostationary Earth Orbit (GEO) satellite services for the Wide Area Augmentation System (WAAS) were needed to provide the necessary coverage, availability and improved continuity of service to the aviation user. The GCCS Program was then awarded to Lockheed Martin for additional WAAS GEO satellites, with Raytheon receiving a subcontract from Lockheed Martin for the ground based signal generator subsystem.
According to Tony Murfin, NovAtel's VP Business Development, "Following on the most recent WAAS contract announced in March for SBAS equipment in support of India's Geostationary Earth Orbit Augmented Navigation (GAGAN) program (see NovAtel press release issued March 8, 2005), this latest award continues NovAtel's push as the only supplier for WAAS-type network receiver equipment. As a Canadian company, we are also pleased to see that the new WAAS GEOs will provide much improved Northern coverage." The FAA's WAAS uses a widely dispersed ground-monitoring network to provide integrity continuity, availability and improved accuracy to the Global Positioning System (GPS) Standard Positioning System navigation signal. The system of precisely surveyed ground reference stations positioned across the conterminous US, as well as Alaska, Hawaii, and Puerto Rico, is used to collect GPS satellite data. Using this information, WAAS generates signal error correction and integrity messages and then broadcasts these messages via Geostationary Earth Orbit (GEO) satellites to specially enabled GPS receivers onboard aircraft. WAAS will support both en-route and vertical guidance (down to a 250 foot decision height) phases of flight for users with certified WAAS avionics. WAAS is also being used extensively in other applications requiring improved accuracy without a local base station, such as agriculture, GIS (Geographic Information Systems) and for marine use.
Alright, I've missed this one. Can you guys tell me how much further upside there is?
jiesen
07-22-2005, 09:51 PM
Alright, I've missed this one. Can you guys tell me how much further upside there is?
this is an unconfirmed rumor (and I don't really care all that much now that I've sold) but apparently NGPS made #2 on the IBD list today. maybe that's what drove it up to the level where I was tempted into selling it (and already I'm already felling dumb for doing that) but I think it could go quite a bit higher from here, and if IBD pumping has anything to do with it, you can look for it to see the 40s next week.
P.S. I just got their annual report package, and if anyone's interested I could FedEx it to you tomorrow (I'll be too busy with a friend's wedding this weekend to read it anyway).
Websman
07-22-2005, 10:29 PM
this is an unconfirmed rumor (and I don't really care all that much now that I've sold) but apparently NGPS made #2 on the IBD list today. maybe that's what drove it up to the level where I was tempted into selling it (and already I'm already felling dumb for doing that) but I think it could go quite a bit higher from here, and if IBD pumping has anything to do with it, you can look for it to see the 40s next week.
P.S. I just got their annual report package, and if anyone's interested I could FedEx it to you tomorrow (I'll be too busy with a friend's wedding this weekend to read it anyway).
I consider the IBD 100 as a shorting list...
P.S. Have you explained to your friend that marriage is an institution...a correctional institution. Hahaha!!! (I crack myself up)
jiesen
07-22-2005, 11:08 PM
I consider the IBD 100 as a shorting list...
Well, I wouldn't recommend your shorting TOL, KBH, or GOOG, all $$MM holdings in the IBD top 10!
1-10:
TOL, NGPS, SQM, CTO, GOOG, KBH, MTH, TS, HOV, LB
My guess is that TOL will be sold Monday, though, after it passes 58 again.
I consider the IBD 100 as a shorting list...
A shorting list in a bear market, yes, but actually a shopping list in a bull market.
P.S. Have you explained to your friend that marriage is an institution...a correctional institution. Hahaha!!! (I crack myself up)
Webs, you crack me up, too :D
Websman
07-23-2005, 08:51 AM
Well, I wouldn't recommend your shorting TOL, KBH, or GOOG, all $$MM holdings in the IBD top 10!
1-10:
TOL, NGPS, SQM, CTO, GOOG, KBH, MTH, TS, HOV, LB
My guess is that TOL will be sold Monday, though, after it passes 58 again.
I was just kidding actually. :)
I was just kidding actually. :)
Well, a lot of merit to what you stated. If you look at the top 10 or 20, they're way the hell past any kind of buying price. If the market were to show signs of weakness, then you can have at it. In any case, the only ones ever fit for new buys are outside the top 20, except for HANS yesterday, and maybe the builders a few days ago.
Websman
07-23-2005, 01:01 PM
Well, a lot of merit to what you stated. If you look at the top 10 or 20, they're way the hell past any kind of buying price. If the market were to show signs of weakness, then you can have at it. In any case, the only ones ever fit for new buys are outside the top 20, except for HANS yesterday, and maybe the builders a few days ago.
Well...I don't seriously consider the IBD 100 a shorting list, but I do tend to shy away from those that are in the upper half of the list. I've seen too many of them get hammered.
I like to find the ones that haven't gotten noticed yet. (I think Poormans said that same thing) While everyone was bashing SIRI last year, I was buying. Same with ELN. ELN is a bargain right now and the analyst's are shredding it to pieces. I'll make a pile from it before the end of the year.
That's the philosphy I've adopted, too Webs. VPHM, ABLE and STV are my top 3 - none on the IBD list.
Although, I did nibble on some HANS yesterday. Should make me a quick 10-15%.
dmk112
07-24-2005, 02:18 AM
That's the philosphy I've adopted, too Webs. VPHM, ABLE and STV are my top 3 - none on the IBD list.
Although, I did nibble on some HANS yesterday. Should make me a quick 10-15%.
VPHM is not on the IBD 100?
jiesen
07-27-2005, 11:45 AM
http://finance.yahoo.com/q?s=NGPS&d=t
hmmm, on second thought, I guess I'm glad I got out at 34!
dmk112
07-27-2005, 06:13 PM
Not so good...What the hell happenend? No news...short must have gotten to it.
Runner
07-27-2005, 07:12 PM
Very interesting!!
http://img173.imageshack.us/img173/6119/ngps9rl.png (http://imageshack.us)
Runner
07-27-2005, 07:27 PM
Backing the 60 min chart out I see a Bull line retest.
http://img281.imageshack.us/img281/66/siri14la.png (http://imageshack.us)
dmk112
07-27-2005, 07:38 PM
Backing the 60 min chart out I see a Bull line retest.
http://img281.imageshack.us/img281/66/siri14la.png (http://imageshack.us)
I hope so... what time frame is that??
dmk112
07-27-2005, 07:44 PM
http://img120.imageshack.us/img120/989/ngpsdaily072705atresistance9ap.png
dmk112
07-27-2005, 07:45 PM
Anyone know when earnings are?? Someone mentioned they are tomorrow!!
spikefader
07-27-2005, 07:56 PM
Bull hopes alive still. Major daily channel long today, with a clear and volatile capitulation double bottom this afternoon, and the formation of a bull flag with a breakout that stopped at the top of the pole, that coincides with it being in the 5th wave up on a 1 min chart, so I'd say it'll run a little higher tomorrow morning. And that run up will break a large inverted SHS on a 1 min chart, that targets 33.80. Hopefully on the way up to 33.80 it will hit 33.20, come back to form the other shoulder of an inverted 15 min SHS that will target 36.60 for all you bagholders out there. That is the best short term scenario. Worst case short term scenario is the 2.30pm short signal on the hourly chart gets sold down to 26.00 over the next several days.
But frankly, I think it's a buying opportunity rather than a selling one. I'll think that way until today's low gets broken; then I'm a bear on it.
jiesen
07-27-2005, 08:06 PM
Bull hopes alive still. Major daily channel long today, with a clear and volatile capitulation double bottom this afternoon, and the formation of a bull flag with a breakout that stopped at the top of the pole, that coincides with it being in the 5th wave up on a 1 min chart, so I'd say it'll run a little higher tomorrow morning. And that run up will break a large inverted SHS on a 1 min chart, that targets 33.80. Hopefully on the way up to 33.80 it will hit 33.20, come back to form the other shoulder of an inverted 15 min SHS that will target 36.60 for all you bagholders out there. That is the best short term scenario. Worst case short term scenario is the 2.30pm short signal on the hourly chart gets sold down to 26.00 over the next several days.
But frankly, I think it's a buying opportunity rather than a selling one. I'll think that way until today's low gets broken; then I'm a bear on it.
I'll be a buyer in the low 20's, and possibly even in the mid-20's. I'll need to brush up a bit more on NGPS first, though.
dmk112
07-27-2005, 08:41 PM
Bull hopes alive still. Major daily channel long today, with a clear and volatile capitulation double bottom this afternoon, and the formation of a bull flag with a breakout that stopped at the top of the pole, that coincides with it being in the 5th wave up on a 1 min chart, so I'd say it'll run a little higher tomorrow morning. And that run up will break a large inverted SHS on a 1 min chart, that targets 33.80. Hopefully on the way up to 33.80 it will hit 33.20, come back to form the other shoulder of an inverted 15 min SHS that will target 36.60 for all you bagholders out there. That is the best short term scenario. Worst case short term scenario is the 2.30pm short signal on the hourly chart gets sold down to 26.00 over the next several days.
But frankly, I think it's a buying opportunity rather than a selling one. I'll think that way until today's low gets broken; then I'm a bear on it.
Thanks spike! BTW who you callin' a bag holder?!? LOL
jiesen
08-08-2005, 05:05 PM
I'll be a buyer in the low 20's, and possibly even in the mid-20's. I'll need to brush up a bit more on NGPS first, though.
Hmm, NGPS is down to the 26's in AH today. Might be a good buying opp tomorrow or later in the week. I'll have to go back to hitting the NGPS books.
Neither the Earnings nor the Guidance was bad enough to warrant a 10% haircut- NGPS is still undervalued in my opinion. Actually, I thought beating estimates by 0.07 was pretty good.
dmk112
08-08-2005, 05:09 PM
Hmm, NGPS is down to the 26's in AH today. Might be a good buying opp tomorrow or later in the week. I'll have to go back to hitting the NGPS books.
Neither the Earnings nor the Guidance was bad enough to warrant a 10% haircut- NGPS is still undervalued in my opinion. Actually, I thought beating estimates by 0.07 was pretty good.
Yes it is at support, If looking to buy I would look for a gap reveral tomorrow.
Websman
08-08-2005, 05:12 PM
Looks like I'll get my chance to make money off of NGPS again!
HA HA, Webs! I had the same thought!
Then again, maybe not... Chart's looking like a SHS.
New-born baby
08-08-2005, 06:02 PM
BJ is right: shoulder~head~shoulder with neckline break today.
$24- is the target.
I don't know what is wrong with the company, but the chart says that's
what's going to happen. Hey, if OFG is worth $30, and sells for $14, then I guess they can do the same with NGPS.
Looks like a perfect short to me.
http://img74.imageshack.us/img74/5044/chart17iq.th.gif (http://img74.imageshack.us/my.php?image=chart17iq.gif)
Websman
08-08-2005, 07:42 PM
$24 is great news to me! That will make for an even better bargain price.
New-born baby
08-09-2005, 08:31 AM
BJ is right: shoulder~head~shoulder with neckline break today.
$24- is the target.
I don't know what is wrong with the company, but the chart says that's
what's going to happen. Hey, if OFG is worth $30, and sells for $14, then I guess they can do the same with NGPS.
Looks like a perfect short to me.
http://img74.imageshack.us/img74/5044/chart17iq.th.gif (http://img74.imageshack.us/my.php?image=chart17iq.gif)
NGPS hammered down $2.70 in the pre-market. Looks like they have the same MM as KBH and BMHC . . . .:D
EDIT: Down$4.13 today. That $24- target is rapidly approaching . . . .
New-born baby
08-09-2005, 11:56 AM
NPGS hit the $24 mark in one day. UMPH!
Which makes me think that the shorters will have to cover some time, and a short squeeze will pinch a few, I'd think.
New-born baby
08-10-2005, 03:46 PM
Here's the chart:
stopped at support, but not for long, imho. I am thinking that she'll finally get up around $20-$21.
http://img319.imageshack.us/img319/755/chart15uh.th.gif (http://img319.imageshack.us/my.php?image=chart15uh.gif)
Vicious amount of volume.
Runner
08-10-2005, 05:25 PM
Nice chart NB. I got caught on the wrong side of the trade!
Websman
08-10-2005, 06:08 PM
$24 is great news to me! That will make for an even better bargain price.
Oh look...$23.17! That's an even better price. I'm getting tempted to go long.
spikefader
08-10-2005, 07:43 PM
Oh look...$23.17! That's an even better price. I'm getting tempted to go long.Careful....that's a significant bust of a weekly channel, a gap down significant bust of the daily channel, both on big volume, and impulse drop that could be only part way through 3 of 5. The ugly SHS up top can lead to long-term bearish trend. The last 2 days are expanding channel longs that haven't had confirming intraday patterns. Bearish bias and door wide open for more of the same. But good luck if you take it anyway dude.
Websman
08-10-2005, 07:50 PM
Careful....that's a significant bust of a weekly channel, a gap down significant bust of the daily channel, both on big volume, and impulse drop that could be only part way through 3 of 5. The ugly SHS up top can lead to long-term bearish trend. The last 2 days are expanding channel longs that haven't had confirming intraday patterns. Bearish bias and door wide open for more of the same. But good luck if you take it anyway dude.
Stop it Spike! You're getting me all excited!
You're saying that I might be able to buy NGPS for an even cheaper price? Hot Dang! I'll just hang loose and wait for a bargain basement price.
Too bad I didn't short it a few days ago.
jiesen
08-10-2005, 08:41 PM
Stop it Spike! You're getting me all excited!
You're saying that I might be able to buy NGPS for an even cheaper price? Hot Dang! I'll just hang loose and wait for a bargain basement price.
(...expletives...heresy...request for a time machine.)
Me too! If it gets back to 20 or under, I just might double up on it. I knew it might keep dropping to 20, but I also know it's worth 40. I'm not planning to sell until either the market begins to realize this (I'm not greedy, and would happily take 34 any day of the week and twice on Sunday), or I'm proven wrong. But I wouldn't dare put a stop on this volatile of a stock right now, especially given what I know about the value of the shares I own.
New-born baby
08-10-2005, 09:12 PM
Me too! If it gets back to 20 or under, I just might double up on it. I knew it might keep dropping to 20, but I also know it's worth 40. I'm not planning to sell until either the market begins to realize this (I'm not greedy, and would happily take 34 any day of the week and twice on Sunday), or I'm proven wrong. But I wouldn't dare put a stop on this volatile of a stock right now, especially given what I know about the value of the shares I own.
My question for my friend Jiesen (and I do mean this in a friendly way):
Why doesn't anybody agree with you? I mean, the whole market is dumping NGPS. What's wrong with NGPS?
Don't you wish you had sold your NGPS at $32?
jiesen
08-10-2005, 11:44 PM
My question for my friend Jiesen (and I do mean this in a friendly way):
Why doesn't anybody agree with you? I mean, the whole market is dumping NGPS. What's wrong with NGPS?
Don't you wish you had sold your NGPS at $32?
no, because I sold it at 34!
http://mrmarketishuge.com/showthread.php?t=591&page=18&pp=10
and I expect I'll get to do it again soon.
There's nothing wrong with NGPS. The problem is with the market. It's inefficient. Yay, More $$ for me!
New-born baby
08-11-2005, 06:37 AM
no, because I sold it at 34!
http://mrmarketishuge.com/showthread.php?t=591&page=18&pp=10
and I expect I'll get to do it again soon.
There's nothing wrong with NGPS. The problem is with the market. It's inefficient. Yay, More $$ for me!
Jiesen,
You're incredible!
Runner
08-11-2005, 07:07 PM
I had a poor entry on NGPS the other day. I entered on a fractured set up. This is when the different time frames diverge. I failed to check this out when pulling the trigger. I did re enter today and thus far it is working out..
New-born baby
08-11-2005, 11:34 PM
I had a poor entry on NGPS the other day. I entered on a fractured set up. This is when the different time frames diverge. I failed to check this out when pulling the trigger. I did re enter today and thus far it is working out..
My ten-cent view: the bull is a snortin' on NGPS. I was unable to enter today, but maybe tomorrow. Looks as good as MCD, doesn't it Runner :D
jiesen
08-16-2005, 10:38 AM
http://finance.yahoo.com/q/bc?s=NGPS&t=5d
It just broke out above 25.
Websman
08-16-2005, 05:32 PM
http://finance.yahoo.com/q/bc?s=NGPS&t=5d
It just broke out above 25.
So much for 25, but I do see a good opportunity to enter in the morning.
New-born baby
08-16-2005, 06:30 PM
So much for 25, but I do see a good opportunity to enter in the morning.
That was a lot of overhead resistance. NGPS moved up on much lower volume.
Websman
08-16-2005, 06:46 PM
That was a lot of overhead resistance. NGPS moved up on much lower volume.
Overhead resistance true, but there is a gap that needs to be filled. I think we may have a prime buying opportunity here.
Websman
08-16-2005, 07:23 PM
Here's a bit of candlestick info on todays action on NGPS
Today a Long Legged Doji was formed. This implies a loss of sense of direction and that there is a great amount of indecision in the market. For more about this candlestick click here (http://www.candlesticker.com/Cs11.asp).
The last three candlesticks formed a Bullish Tri Star Pattern . This is a bullish reversal pattern that marks a potential change in trend. However, its reliability is not very high and it requires confirmation.
dmk112
08-16-2005, 07:26 PM
Here's a bit of candlestick info on todays action on NGPS
Today a Long Legged Doji was formed. This implies a loss of sense of direction and that there is a great amount of indecision in the market. For more about this candlestick click here (http://www.candlesticker.com/Cs11.asp).
The last three candlesticks formed a Bullish Tri Star Pattern . This is a bullish reversal pattern that marks a potential change in trend. However, its reliability is not very high and it requires confirmation.
If this thing breaks 23 or so...its going to 15!!
New-born baby
08-16-2005, 09:56 PM
If this thing breaks 23 or so...its going to 15!!
DMK:
Truer words never spoken. NGPS looks like a slam dunk for $18 minus.
http://img226.imageshack.us/img226/9162/chart12nn.th.png (http://img226.imageshack.us/my.php?image=chart12nn.png)
The bottom has not yet been reached. But this sick market may help it find a bottom in a hurry.
Websman
08-16-2005, 10:00 PM
DMK:
Truer words never spoken. NGPS looks like a slam dunk for $18 minus.
http://img226.imageshack.us/img226/9162/chart12nn.th.png (http://img226.imageshack.us/my.php?image=chart12nn.png)
The bottom has not yet been reached. But this sick market may help it find a bottom in a hurry.
I'm liking what your saying Newborn!
I'll hold out for a buy in the teens. :)
jiesen
08-23-2005, 07:23 PM
Don't you just love finding money? That's just what Novatel did today. It's like the "Bank error in your favor" card. Collect 0.04/share!
http://biz.yahoo.com/bw/050823/235931.html?.v=1
NovAtel Inc. Updates Second Quarter 2005 Financial Results
Tuesday August 23, 6:31 pm ET
CALGARY, Alberta--(BUSINESS WIRE)--Aug. 23, 2005--NovAtel Inc. (NASDAQ:NGPS (http://finance.yahoo.com/q?s=ngps&d=t) - News (http://finance.yahoo.com/q/h?s=ngps)), a precise positioning technology company, today announced that since it released its financial results for the second quarter of 2005 on August 8, 2005, the Company has received additional information relating to a customer account which was previously thought to be uncollectible. As a result of this information, the Company has reduced its allowance for uncollectible accounts receivable. Based on this recent development, NovAtel is updating its financial results for the three and six month periods ended June 30, 2005, in compliance with Emerging Issues Task Force D-86: Issuance of Financial Statements. The updated results for Canadian generally accepted accounting purposes for the three and six month periods ended June 30, 2005 are summarized below. The complete unaudited interim financial statements can be obtained on the Company's quarterly report filed under cover of Form 6-K with the U.S. Securities and Exchange Commission.
Websman
08-23-2005, 08:23 PM
It looks like if I want to get back into NGPS, tomorrow morning would be the time to do it.
Websman
08-23-2005, 08:30 PM
I'm going for it. Assuming it doesn't do a major gap up, tomorrow I will own NGPS once again. This is too easy! Hahaha!
dmk112
09-08-2005, 07:07 PM
Anyone still following this one? Not sure if I like the action - I'm in it but comtemplating getting out...
Websman
09-08-2005, 07:10 PM
Anyone still following this one? Not sure if I like the action - I'm in it but comtemplating getting out...
I already got out. There's plenty of other stocks making bigger moves.
I bought AOB today. I like the potential of it.
jiesen
09-08-2005, 08:37 PM
Anyone still following this one? Not sure if I like the action - I'm in it but comtemplating getting out...
I'm still in it, and I still like NGPS, but I am also thinking to get out of it. I bought it thinking it would outperform CMTL, but so far it hasn't. When I sell CMTL, I'll probably also sell NGPS. But I'll do a little more DD first to see if I can find more reasons to hold onto it. I'll let you know what I decide.
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