Quantcast
Ya gotta love the NASDAQ - Aussie Stock Forums

Results 1 to 9 of 9
  1. #1
    Rotaredom wayneL's Avatar
    Join Date
    Jul 2004
    Location
    Brisbane
    Posts
    14,868

    Default Ya gotta love the NASDAQ

    Richkid was wondering if it is worth staying up all night for.

    Well, stocks like this one make it worth it.

    I'd like to say I got it at $2 ish....I didn't....but someone did!!!

    A six bagger for someone

    Cheers
    Attached Thumbnails Attached Thumbnails Click image for larger version. 

Name:	ScreenShot019.gif 
Views:	113 
Size:	17.0 KB 
ID:	140  

  2. #2
    stefan's Avatar
    Join Date
    Jun 2004
    Location
    Brisbane
    Posts
    667

    Default Re: Ya gotta love the NASDAQ

    Wayne,

    Almost reminds me of the good old tech boom where stocks went mad just because somebody said so. There was a small 22 cents stock that run all the way to more than $70 within a few days just because they had an interest in China and somebody thought that would be all that's needed for a glorious future. I can't remember the ticker symbol and the year it was but that was by far the best I've seen.

    NASDAQ sure holds the odd surprise and I found it very fascinating watching level 2 screens changing quicker than the average eye can cope.

    Oh, well... Getting all nostalgic here

    Happy trading

    Stefan

  3. #3

    Default Re: Ya gotta love the NASDAQ

    Now thats exciting and could have been found and traded easily with breakout searches,from around $4

  4. #4
    stefan's Avatar
    Join Date
    Jun 2004
    Location
    Brisbane
    Posts
    667

    Default Re: Ya gotta love the NASDAQ

    Now thats exciting and could have been found and traded easily with breakout searches,from around $4
    I agree. Another question would be when you would have sold on its way up to $70. It's a shame I don't have that ticker symbol anymore. Maybe I start looking in my papers if I can find it. Would be well worth posting a chart to discuss it's pattern.

    Happy trading

    Stefan

  5. #5
    stefan's Avatar
    Join Date
    Jun 2004
    Location
    Brisbane
    Posts
    667

    Default Re: Ya gotta love the NASDAQ

    Tech,

    I'm not sure if time has played a trick on my memory as I was sure it was a 20 cents stock before the rise. Anyway, i did a quick search on Nasdaq and one particular stock I do remember is CHRB China Ressources Development. In 1999 almost exactly 5 years ago it went from $3.9 on the 16/11 to $49 the next day only to finish back at $17 the next day. It actually went from 8.75 to 49 and back to 25 in one day. That's what I call a run. You'd have to be VERY quick with breakout alerts to catch a fish like this one.

    I'm sure the other stock I mentioned is out there too, I just couldn't find it so far as I just can't remember the ticker.

    Here's an extract of the trading history for these 3 days: (Too lazy to create a chart...)

    (Date - Open - High - Low - Close - Volume)

    11/18/1999 26.250 27.000 14.063 17.063 402,700
    11/17/1999 8.750 49.000 8.375 25.000 906,800
    11/16/1999 3.906 6.875 3.906 6.000 13,200

    Happy trading

    Stefan

  6. #6

    Default Re: Ya gotta love the NASDAQ

    Quote Originally Posted by stefan
    Wayne,

    Almost reminds me of the good old tech boom where stocks went mad just because somebody said so. There was a small 22 cents stock that run all the way to more than $70 within a few days just because they had an interest in China and somebody thought that would be all that's needed for a glorious future. I can't remember the ticker symbol and the year it was but that was by far the best I've seen.

    NASDAQ sure holds the odd surprise and I found it very fascinating watching level 2 screens changing quicker than the average eye can cope.

    Oh, well... Getting all nostalgic here

    Happy trading

    Stefan

    It's the China faze.... Honestly, it is not always successful doing business in China although there is a huge market there...

  7. #7

    Default Re: Ya gotta love the NASDAQ

    Hey folks im a beginner but i had no luck in the Beginner Thread and am wondering what software and subscriptions you guys use for NYSE and U.S penny stocks from Australia.

    Downloaded Comsec and waiting on confirmation for my W-8BEN international app but i cant help but feel like there's no helpful guide for young aspiring day traders who reside in Aus but want to deal internationally.

    Thanks

  8. #8
    CanOz's Avatar
    Join Date
    Jul 2006
    Location
    Sunny Brisbane
    Posts
    10,180
    Blog Entries
    49

    Default Re: Ya gotta love the NASDAQ

    Quote Originally Posted by BobbySmurda View Post
    Hey folks im a beginner but i had no luck in the Beginner Thread and am wondering what software and subscriptions you guys use for NYSE and U.S penny stocks from Australia.

    Downloaded Comsec and waiting on confirmation for my W-8BEN international app but i cant help but feel like there's no helpful guide for young aspiring day traders who reside in Aus but want to deal internationally.

    Thanks
    Tim Sykes Fan?
    "Dump everything aggressively. Take the price to a place where it trades" - Michael Platt - Hedge Fund Market Wizards

  9. #9

    Default Re: Ya gotta love the NASDAQ

    Yea, bought most his products and am in the process of finishing them.



Similar Threads

  1. I love this site
    By Absolutely in forum General Chat
    Replies: 22
    Last Post: 3rd-February-2008, 09:33 AM
  2. Will ppl in love lose their sense on trading?
    By ta2693 in forum General Chat
    Replies: 3
    Last Post: 17th-October-2007, 12:03 PM
  3. Trading on the NASDAQ
    By reece55 in forum International Markets
    Replies: 11
    Last Post: 12th-June-2007, 01:06 AM
  4. Oops... gotta concentrate!
    By GreatPig in forum ASX Stock Chat
    Replies: 2
    Last Post: 4th-August-2005, 09:23 AM
  5. Nasdaq ..The sell off .....
    By MARKETWAVES in forum International Markets
    Replies: 5
    Last Post: 12th-June-2005, 01:37 AM

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
Aussie Stock Forums