NXXI
Nutrition 21 Inc. (Nasdaq: NXXI )
Position opened at .8298
Looks to be a bottom and expecting a bounce from here. (mentioned in current watchlist)
edit 10-11
Position closed -13.1%
Tags: BIO, NXXI
This entry was posted
on Tuesday, October 9th, 2007 at 3:54 PM and is filed under Closed Losers.
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I’m in at 0.829. Let’s roll now.
Let’s hope it goes now. I hate when they gap em at the open.
Breaking lower, this isn’t good.
Looking for a pop up to exit, this is BS
Position closed -13.1%
I’m still in it – against the rules. I want to give it more time to see if it can recover a bit. At the entry the chart looked very good but the market proved it wrong.
I’m watching it trade in the .75’s now. I’m not going to touch it unless I see a hard fall with mega volume or a better pattern. This could do a V bottom.
ADDING MULTIMEDIA Nutrition 21 Introduces Diabetes Essentials(TM) at Retailers Nationwide
Thursday October 11, 12:09 pm ET
New Line of Nutritional Supplements Includes Convenient Nutrition To Go(TM) for People with Type 2 Diabetes
http://biz.yahoo.com/bw/071011/20071011005767.html?.v=2
They couldn’t release that 2 days ago when NXXI had the makings of a bottom. They wait until it makes a new 52 week low.
What a waste of a PR nothing like being 2 days late.
There it goes, V bottom 1.00 by next week, my best guess.
The reason I say 1.00 is because I didn’t buy it back and if I held it I would be getting out now just because I’d be lucky to get my money back on a bad call which is up 16.5%. It looks like it can make it back to .90-.95 though. That’s my thoughts on it.
Sold it mine at .96 (~15% gain)
I don’t want to comment much on that. I really felt like I was pushing my luck. I’m glad I stayed in the game though. Today’s tip is as a “Thank you” for your further guidance in my situation even after you closed the position. As anybody can see, it served me very well.
I’m glad they didn’t get your shares as they got mine. I think you did good taking profits, hell of a move from off the lows 36%
Thanks again for buying me another beer. I might have to ’stock’ up on the hard stuff if all I see is red. All the indices are red again today.
Unbelievable! 53% move from off the lows. The only thing I called right about this thing was a V bottom. They aren’t letting anyone in, just running it without any pullbacks.