Another stock who's up-trend is overdue for an end.
It will need major earnings surprises to stay above $15, but for now I'll watch it, not pick it. Fighting irrationality is a losing proposition.
An overpriced stock currently in an irrational technical up-trend I put on my watchlist this morning to red-thumb eventually.
Actual value less than $32, IMO.
A currently ineligible stock which was bought on the open market in 3 seperate chunks totalling 10,000
by the compny's CFO this month.
It's now on my watchlist, and I suggest placing it on yours.
I would like to hear from some All-Stars if they share my impression that the hours from 12:00 PM to 3:00 PM are more likely than the rest of a trading day to be bad for this type of stock, the type I'm most like to make "Outperform" picks on. And that aftermarket trading will usually give back most of the points lost in those hours. [more]