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OklaBoston (58.98)




February 25, 2010 – Comments (0)

This may be one of the few IPOs that never fall below it's IPO price. I can't find much information on it, but charts tell me it has gone longer than usual without taking the precipitous fall I expect from such stocks. On the other hand the 40 day price channel is narrowing, which is not a good sign for the bulls.

Until further notice I don't think taking any position on this stock, long or short, is advisable. 

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