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Jason Bond

10/16/10 12:49 PM

#220 RE: TheProfit #206

TBJK has no volume, look into the fundamentals if your interested - from a chart perspective no volume means move on.

UYMG has a better chart than TBJK but over the last 6 months there weren't many days where volume was acceptable for traders so it could be hard to exit easily. However, it did have some nice swings from support to resistance where small positions could have been profitable. I would say keep this one on watch, but wait until it forms a solid bottom - RSI can still come down more and the trend is pointing that way so why not bank on that versus grabbing shares here unless there is a reason you think it may reverse.

CNEX is the best of the bunch. Has the best message board support of the three and although volume is light on this one too, it could be reversing soon for a small run on increasing buying pressure based on the chart history. Friday's doji is an okay sign, not great though and needs confirmation. I think watch close - volume will tell all but this may be one to hold off on for a few more weeks until the RSI is oversold and then grab a small position. Check the news on this one too, see if they have anything coming up that might excite the bulls.

TI

Disclosure: This corporate profile is provided for information purposes only and should not be used as the basis for any investment decision. I am neither licensed nor qualified to provide investment advice. I was not paid, nor do I hold a position in this stock. I reserve the right to buy or sell TBJK, UYMG, CNEX at any time after this post.