Monday, September 15, 2008 7:42:49 PM
You could use this to your advantage Brian. This stock has historically leveled off and then steeply dived (unless the CFO pumps it up). Even when the indicators indicate an upward motion, the best it can do is remain level. Today is a great example of that. And if you look at Money Flow, it is heading sharply upwards. Better yet, if you look at the past 6 months, it accurately predicts every downward movement.
The timing of the MV opening is especially significant. In the recent past restaurant openings have made no difference. So, it is fair to say that the restaurant opening is probably holding this stock up. Give it a few weeks, a month to settle, and look out... Since this opening has not driven it up or even provided any significant volume, get ready for it going the other way.
So, don't buy now.. wait until the next downward movement.. get more bang for your buck. Then if it has an upward movement. sell for a quick cash flow!
Good luck.
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