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Re: fabian post# 632382

Thursday, 09/17/2009 2:52:57 AM

Thursday, September 17, 2009 2:52:57 AM

Post# of 704041
RAD?
Don't know much about it at all. Some times we see a chart that has an interesting characteristic or that looks good, so we mention it. [in case anyone wants to look into it further].
Can't say why exactly we were not interested in looking into RAD fundamentally.
Maybe because we've never been interested in "store" stocks.
Maybe a prejucide that we believe there are more compelling stocks overseas.
Maybe because there is such high volume it's less inefficienty priced compared to a microcap China stock.
None of those are necessarily great reasons [but they may be good reasons ...just trying to examine the why not.
If we put serious money into something, we want both the chart and the fundamentals to be really strong [unless the fundamentals are so good compared to the price, it's a steal...in which case, chart takes back seat]
Without knowing a thing about RAD...we'd guess it's not the low PEG stock which we look for.
A hunch.
Good question...sorry we don't have good answers.
Fabian
A similar stock would be Las Vegas Sands. It routinely shows up on the most active list which tells us short term traders are all over it every day in mass. We most likely would be kidding ourselves if we looked into it for 30 min and decided it was either a great buy or a great short. It's too effeciently priced to get that special "edge" that tips the reward risk highly favorable.
That's one that should probably be approached by chart reading only and only for short term trading and even then, there is too much competetion.
We have bigger fish to fry [g]
Stocks like TXIC are much more interesting to us.

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