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Friday, April 12, 2013 5:33:55 PM
I've found that for long term holdings, you have to rely on fundamentals more.
But for short term, the technical indicators have been far more
effective for me. A good example is STP and HIMX recently.
I made killing in both of those.
So while USU has financial and stock price challenges to deal with,
some attempts of reversal is definitely showing in technical indicators.
I'm in 30K shares near .36 average.
I intentionally didn't set a stop limit to not expose it to MMs,
but I also don't plan to hold it if it drop below .325.
Also, I've seen companies artificially pump up the stock before
they RS or dilute...though I'm not sure USU execs have that
sleazy mentality...which in this case I would welcome...just briefly. LOL.
Best of luck to you.
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