FLL has jumped off the 10 day moving average on high volume. Volume has been drying up lately which is good if your looking for a pocket pivot point. Average 10 day volume is 38,000. Today's volume is already over 412,000. This tells me that someone is taking a big position which is good. The compnay is still a micro cap, it has a capitilization of 68 million. This would lead many to say it's to risky. But I believe that if the stock has plenty of cash, a growth story that makes sense, and good fundamentals than these can be your biggest winners. Keep on eye on this stock. [more]
Take a look at my last post on pcln. I mentioned that if pcln moves through 10 moving average on higher than normal volume and crosses the $428.10 mark it should be looked at strongly for a buy point. Today pcln has crossed above the 10 day moving average from just underneath it on above higher than volume. It also crossed the critical level of $428.10 (refer to my prior post). I say it's a buy at this point, my stop loss would be placed 5 percent below the 10 day moving average. [more]
One thing I learned about stocks early on is that the price of a stock has nothing to do with value necessarily. Take google for example. I remember when google hit $200 dollars a share and many people I spoke with would tell me to stay away form the stock, that it was to highly priced. They thought that a stock priced at $200 couldn't sustain itself, or worse continue to rise in share price. [more]
I noticed on december 16, 2010 I wrote a blog called Jim Cramer Game Changer... you can find this by typing in crdc and it will come up. I wrote about how I thought it was a game changer and I still think it is, strong growth potential really small cap, good earnings, read the blog. Stock is up about 50 percent or so since my recommendation, so enter with caution.
I am trying to work on a original song for Motley Fool Caps. So far, I have HarryCarryGhost for drums, and 100ozRound for drums. I am putting up clips of my ideas for the Motley Fool Caps jam. The audio isn't that good and I was using this keyboard which didn't help but at least it's a start. I am working on many other songs/versions and plan to record them with better audio and on a friend's piano. But for now let me know what you think. Should it be more creepy which would be funny considering the whole frinedly Motley Fool theme, or rock, or blues whatever let me know. All take all ideas into consideration. [more]