General Discussion - Blue Chip NYSE, NASDAQ, AMEX Stocks

[Dr PennyStock]

Check out FXCM, this is one huge drop in the past days on terrible news... It was $17 a few days ago and has just hit $0.99 in pre market!

Daily Chart: http://stockcharts.com/h-sc/ui?s=FXCM&p=D&b=5&g=0&id=p73426590805

Weekly Chart: http://stockcharts.com/h-sc/ui?s=FXCM&p=W&b=5&g=0&id=p55248618378

This one is a forex broker, and, one of the big ones, something very bad happened with them to cause this free fall, but, this kind of fall usually doesn't generate big bounces. It may be good to watch and learn something, but, it is risky, it all depends of the motives that caused the fall.

Has to do with the Swiss Franc decision... They had huge losses...

http://www.forbes.com/sites/steveschaefer/2015/01/16/swiss-bank-stunner-claims-victims-currency-broker-fxcm-bludgeoned/?partner=yahootix

Ok, now it makes sense the big fall, they are in danger of BK. Thank you Vegas.

[soup5887]

Anybody watching IBIO?

[soup5887]

SPNC looking to run.

[Dr PennyStock]

SPNC looking to run.

To $20 - $21, yes, more I don't think it will be possible.

[soup5887]

CNX  Has it found a bottom?

[Dr PennyStock]

CNX  Has it found a bottom?

Not yet, but, may be close.

[soup5887]

ABUS? 

[Dr PennyStock]

ABUS? 

Maybe a small run to touch the MA50, not more.

[Dr PennyStock]

The market is giving signs of a reversal, but, it needs to break the resistance at 32.3K - 32.4K.

[Dr PennyStock]

[Smitty]

Doc, could you take a look at WMB when you get a chance? Looking at their new upcoming LNG, CO2 'free", technology, I like it, but what do you think from a technical view?

[Dr PennyStock]

Doc, could you take a look at WMB when you get a chance? Looking at their new upcoming LNG, CO2 'free", technology, I like it, but what do you think from a technical view?

It's difficult to say if it will go up or down. but looking at both charts, I think it will go down.