timothysykes

$103 profit PZZI Long Stock

Entry comments: Solid earnings report included faster than expected growth in Pie Five, their new franchise concept, today the stock regained the all important $8/share level on puny but better than average volume, this could be the breaking point given the new earnings, this is now a confirmed earnings winner and its run a ton in the past so let's see what it can do now...also bought small http://tim.ly/timlong longer term position, goal is to make 50-75 cents/share short-term

Exit comments: Fell back below $8/share, it doesn't have much downside given the earnings news/chart, but I got in due to the breakout so when it can't hold that level I get out and play it safe, keeping my small http://tim.ly/timlong longer term investment too

Received 1 Karma
Join now or log in to leave a comment
timothysykes

$103 profit PZZI Long Stock

Entry comments: Solid earnings report included faster than expected growth in Pie Five, their new franchise concept, today the stock regained the all important $8/share level on puny but better than average volume, this could be the breaking point given the new earnings, this is now a confirmed earnings winner and its run a ton in the past so let's see what it can do now...also bought small http://tim.ly/timlong longer term position, goal is to make 50-75 cents/share short-term

Exit comments: Fell back below $8/share, it doesn't have much downside given the earnings news/chart, but I got in due to the breakout so when it can't hold that level I get out and play it safe, keeping my small http://tim.ly/timlong longer term investment too

Received 1 Karma
Join now or log in to leave a comment
timothysykes

-$1,436 loss PZZI Long Stock

Entry comments: Solid earnings report included faster than expected growth in Pie Five, their new franchise concept, today the stock regained the all important $8/share level on puny but better than average volume, this could be the breaking point given the new data, goal is to make 20-30%

Exit comments: Cutting losses on this one as the overall market is fading and we're LONG overdue for a correction/crash...this is the dangerous month as I've been warning

Received 1 Karma
Join now or log in to leave a comment
timothysykes

$1,919 profit PZZI Long Stock

Entry comments: Buying this former runner casual restaurant chain on the breakout above longterm resistance at $8, only resistance left is at $9 then its a bigtime breakout, with recent big winners like CMG/LOCO everyone is looking for the next big restaurant stock, judging by this price action, this could be it, goal is to sell at $9ish and maybe hold if it can breakout past that, already have http://tim.ly/timlong longterm position

Exit comments: Got a nice little morning spike, nothing huge, but it wipes away my LIVE loss so I'm basically breakeven today, still holding small longterm position on PZZI given the strong chart breakout

Received 2 Karmas
Join now or log in to leave a comment
timothysykes

-$1,241 loss PZZI Long Stock

Entry comments: Bought this mini-Chipotle-like casual restaurant stock that is breaking out above longterm resistance at 8, I think it'll test its highs at 9ish and if it can break that, it can breakout to double digits as everyone is looking for the next CMG/LOCO hot restaurant stock...I've bought PZZI in the past due to their Pie Five subsidiary, recent earnings reports show steady growth, goal is to sell at 9-12 depending on how it acts at key level of $9, but today's breakout is encouraging

Exit comments: Breaking down past support at $8/share is not okay, this is what happened last time before the stock went down to the $5s so I play it safe and cut losses quickly

Received 1 Karma
Join now or log in to leave a comment
Page
of 1