ORIONS Money Stocks

[traderamn]

I think the $1.25 idea is good. I also think a combination of chart reading and strong company DD is important. I remember when I first started following this board there was some solid DD behind the chart plays. If we know the company has long term potential for growth then it may not hurt so bad if we get "stuck" in them for awhile.

I'm focusing on API and have done alot of DD on it. I don't do well with charts like you guys but I can research something to death. If you guys give me the "golden crosses" or other possible chart plays I'd be glad to put in some DD on them and post it to narrow down the potential real companies from the POS's.

API price rebound may be due to a Barron's article just out today (link below). Institutional investors jumped out a bit on the last downturn after the earthquake and today it looks like they came back. I saw big blocks go through and I don't usually see this on API.

Ciena is a customer of API. They are mentioned in the article. Also look at the presentation by API below, many of their customers are listed on slide #8:

http://files.shareholder.com/downloads/API/1178336400x0x435891/e095862a-65b1-4657-a3b6-e309700dbf68/APINeedham_Presentation_2011_Final.pdf

http://blogs.barrons.com/techtraderdaily/2011/03/30/ciena-juniper-rise-on-verizon-100-gig-plan-optical-inflection-point/?mod=BOLBlog&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed:+barrons/techtraderdaily/feed+(BARRONS.com+Blog:+Tech+Trader+Daily)