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Will this stock surge?

Discussion in 'Investing' started by User2897, Dec 10, 2016.

  1. User2897

    User2897 Member

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    I thought you knew that a $0.24 rise would be about a 5% gain. If it rises 10%, I am not going be able to sell it for $5.01. It makes sense to me to have a stop loss at 5% so in case everyone sells at 10%, I won't be out on my investment. $4.68 sounds like a great bounce. Thank you for your input.
     
  2. Onepoint272

    Onepoint272 Well-Known Member

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    No, I did not know your position. I thought maybe you were way underwater on it. I hope you get your bounce.

    4.68 is the pivot price. If it can't get up there in the opening 30 minutes, look out below. If it blasts right through it, then that's bullish of course portending the $5 level. Luck always helps....so good luck.
     
  3. User2897

    User2897 Member

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    Do you think in the next four years, as oil prices increase, there will be a higher demand for completion fluids?
     
  4. Onepoint272

    Onepoint272 Well-Known Member

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    I expect so, as more wells come back into production and especially since today's wells are smaller but many. Who'd you have in mind; companies like HAL and BHI?
     
  5. User2897

    User2897 Member

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    I have seriously considered holding onto this stock long term. The reason why Tetra has to add more shares is to finance their debt and prepare their business for the new market. They specialize in completion fluids, filtration, lab & tech services, and wellbore tools & displacements.
     
    #25 User2897, Dec 11, 2016
    Last edited: Dec 11, 2016
  6. Steven_Burt

    Steven_Burt Well-Known Member

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    I'm a little confused. Are you investing or trading? If you are investing you should be telling us about why you feel the "fundamentals" of the company are strong. When I am looking to hold a company for a long term hold I want to see tons of cash and low debt, growth (or more accurately PEG) and insiders buying. I don't see this with this company. Worrying about the over night price of a stock is not what long term investors typically consider.

    If you are trading you will want to look at trend, volume, and support/resistance imo. For what it's worth it seems to me that you are trying to catch a falling knife considering the blood bath on Friday with massive volume. Seasoned traders blow up accts all the time trying to do this. You are below all major ma's, and have broken long term price support. You might catch a dead cat bounce in the short term but longer term this stock looks very bearish imo.
     
    Z-OldEurope and T0rm3nted like this.
  7. Onepoint272

    Onepoint272 Well-Known Member

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    ^ Chart-wise it appears bad but it could be a shake-out and if it is a shake-out it could run a lot higher. On the downside it has potential to run down and test zero.

    I don't favor a shake-out and run-up though. The volatility in the late stages of the trading range is indicative of public ownership. Have to wait and see if it gets a bounce, how strong it is, and then see what kind of supply comes in on a retest.
     
  8. T0rm3nted

    T0rm3nted Moderator
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    Couldn't agree with this post more. Spot on IMO
     
  9. User2897

    User2897 Member

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    Thanks for warning me. I should have sold at $4.80 this morning but I wanted a 10% gain. I did not want to lose my gain so I put a stop market order at $4.64. I gained over $230 but it is better than losing money.
     
  10. Onepoint272

    Onepoint272 Well-Known Member

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    Could bounce more. Downside progress was stopped. Closed mid-range. Closed right at the selling climax low = 4.72. But a bird in the hand is better than 50-50. Congrats.
     
  11. David Smith

    David Smith Member

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    Yes, U.S. stocks surge in 2017.I see two crucial factors converging, which could send the U.S. stock markets surging by double digits in 2017.

    First, the fog of the earnings recession in the S&P 500 has lifted. This was always somewhat of a red herring, with the energy sector bearing the brunt of the weak headline numbers.

    Second, U.S stocks have a strong recent history of outperforming in the first year of a presidency. Since the year 2000, stocks have had three 20% plus years- 2003, 2009, and 2013.
     
  12. bigbear0083

    bigbear0083 Content Manager
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    i don't think @Charrima was asking if the overall u.s. equity markets would surge, but rather if a particular stock would.

    edit: and i just noticed this is an old thread...
     

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