Momentum Plays

[dstod]

MCOM looks lovely Arch! Nice find! I see that it rose 29% to $5.5 on Friday on volume of 5.3 million... It closed aftermarket atr $6...It also hit its 52 week low on Wednesday at $3 7/8... Stochastics show that it is way oversold...

This may be due for a huge short squeeze. The key is the volume, I would assume that since the volume was so high on Friday that some covering happened- but you better believe that there must be still over 50% short.. So this may be a nice short term buy and hold till over $10.... I would like to see this dip below $6 again, but we may not be so lucky- the MMs will in all likelihood play games with it... I have put it on my tracking screen and may jump in on Tuesday... If the NAZ recovers and has a nice up day- this will fly!

Thanks again for the beautiful find! It should be a moneymaker for us- we just have to time our entry right!

-Dave