Wednesday, March 28, 2012 6:38:39 PM
1. No matter what your favorite charting indicator is and favorite time frame (5 day, 10 day, 3 month), it's looking good. Bollies starting to pinch again, being oversold and turning up again, etc etc - many indicators here to signal a big run
2. This EXPLODED on the last PR Feb. 23. Not before. AFTER. Which is unusual.
3. Stocks like these tend to roll upward before the really big news on speculation. Even empty shells move to pennies.
4. Stock buyback, sale of whatever it is they own (don't care), and new acquisition (care more here) - lots of potential for excitement!
Some of you may be in the red buying at the top last round, but to me this is the loading zone.
And for those who are concerned about whether or not you'll make a ten bagger on this or not, just thing about the nature of subbies in general. Things with potential always run higher than those with nothing, and stocks with news on the horizon rarely stop here.
Good luck.
I am watching and may add more
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