Marketgems Earnings Trader- Trading Strong or Weak Earnings Growth

[leekramer]

mr_market 63: I pulled up a weekly/daily chart of ODFL. It looks higher to me. What I like most is that it is in new all-time high ground: no overhead supply, read: unhappy holders looking to unload every time it moves up a bit. Everyone who owns the stock is smiling, because they're all making money. And folks tend to hang onto what makes 'em happy. Sure, there will be occasional bouts of taking profits, and the stock will likely back off at times. But the float is quite low and it won't take much volume to move it higher. No guarantees, but I like the long side probabilities.