RZTI - Raser Technologies Inc. - Page 18

I didn't realize this was a $4-5 stock a few months ago. If you were holding long term, PUT options would have hedged your bet, if it went down like it did.

new 52 week low today

Bye bye RZ. It will go down below $1 for sure now ...

You called it

am i the only one stuck in this one??

3900 Shares here from $1.69 before I had margin - praying for a pop, otherwise will be my tax write-off for 2010 on January 1st.

cut my losses and got out of this piece of ****

I dont even care if it pops tomorrow or next week or whenever, im just happy to wash my hands of it.

I have a serious question:
Anyone bought this one because of TG's picks (on the day he sent out the email list when it was closed to 2.00)?

If U're shy to put in public, U can PM me

i bought in around that price without his counsel. I thought it would hold steady and maybe gradually go up. The minute i got the news about them giving their lenders stock for pay I new they wanted to throw their mess onto their investors and run.

Closed below the blue line 3 days in a row, hmmm, not so interested now.

now the 20 day moving average is resistance. Why would you buy into a down trend?

Because stocks don't move straight up or down. Look at the blue line on the chart I posted...I bought at 1.30 the last time RZ visited the blue line, it bounced and I flipped it a few days later for $1.6X. About 25% profit in less than 2 weeks. I keep checking in to see if it is ready for another round.

20 day MA was resistance when I bought it before, sold just after it poked through the 20day. I don't know your trading style/rules, but I do alright on those little 15-25% bounces. Not trying to hit a home run, or fall in love and marry a stock. Just a little swing trade and take my profit.

I bought in then....through it was my decision. I should have done TA before hand. It's all part of the learning process. My loss has taught me a lot!

boy did I need this gain today - whew!! Keep on truckin RZ

I'm tempted to short this going into earnings (i doubt they will be positive), but if i get burned both ways on this stock im liable to do something CRAZY.

So.. I am at a loss in two ways.. Not sure to long this stock or get out. I bought in at 2.04. I'm not hurting for the cash but I don't want to see it disappear into a penny
Any advice

i was in your same position and I took the 46% loss and got the hell out. This stock is on the verge of going to pennies. They as a company have burned out all their hope with their business updates and news wires. The K. higginson or whatever the ceo's name is owned over 5 million? what the hell? what has he done to make this company a profitable one?

fack... I have never took loses like this until I tried following a watchlist.

i have NEVER taken a loss like this but I am certain I would of lost more if I i hold on to it longer. I NOW have learned my lesson with government funded companies. If they need the special government loans to stay alive i stay away.

Where do you guys expect this to go after the financial results? Good sales are speculated.