Ngps

[dmk112]

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]

Looks like I'll get my chance to make money off of NGPS again!

[B.J]

HA HA, Webs! I had the same thought!

[B.J]

Then again, maybe not... Chart's looking like a SHS.

[New-born baby]

NGPS: forget about it

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.

[Websman]

$24 is great news to me! That will make for an even better bargain price.

[New-born baby]

Webs, she's walking your way

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.

NGPS hammered down $2.70 in the pre-market. Looks like they have the same MM as KBH and BMHC . . . .

EDIT: Down$4.13 today. That $24- target is rapidly approaching . . . .

[New-born baby]

NPGS and the Shorters

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]

10 August NGPS

Here's the chart:
stopped at support, but not for long, imho. I am thinking that she'll finally get up around $20-$21.



Vicious amount of volume.

[Runner]

Nice chart NB. I got caught on the wrong side of the trade!

[Websman]

$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]

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]

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]

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]

Nobody--I mean Nobody

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?