News Focus
News Focus
Followers 19
Posts 1840
Boards Moderated 0
Alias Born 11/08/2009

Re: imnot6 post# 6603

Tuesday, 10/18/2011 5:23:03 PM

Tuesday, October 18, 2011 5:23:03 PM

Post# of 20689
I am not dissing TA. TA may work for a certain class of stocks.

What I have in mind, as a first cut, is volatility. If Beta>1.25 , for example, I don't use TA.

Mnta imo belongs to a class of event driven stock (current beta from yahoo is 1.41) so I would never use TA.

If I would ever think of getting into a dividend yielding stock, which I believe has a lower beta (beta <1) ,I would use TA. After all, when I buy a stock for its yield, one of the key component is YOC (yield on cost ), the lower the cost the better.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y