Stock Watch: Week of 5/14/07
Reversals: FFHL HOLL GRS LCCI CFUL ALAN
Breakouts: OPBL SRFDF BFTH KNTA SIF MBKR
Continuations: AHR AVR ISTA CLZR SOMX IDSA FNSR NR SWEB
Saturday, May 12, 2007
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4 comments:
I'm curious, why do you think OPBL will breakout this week?
Breakouts are stocks that already brokeout, not stocks that I think will breakout.
OPBL was a breakout Friday, gaining 18.82%. It qualified as a watch: high avg day range, low fast k, recent increased volume, gain in last one day. Based on discussions at Muddy's blog and Stockfetcher.
hmmmmm...okay I get it. do you think there is any hope of it going back up? what are the odds at this point?
I wish I knew odds -- I would have gotten out of MBKR at $1.08 today!
I believe the market tends to overreact when it comes to news (both good and bad). But in this case, it doesn't seem over yet.
I know that I don't like to have my funds tied up in a loser, I'd watch for a little while but if there's no positive movement I'd rather try to find another stock that's moving and try to rebuild.
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