Loudeye Corp. (LOUD). The Group's principal activity is to provide enterprise webcasting, related digital media services and media restoration services.
Chart:
(http://www.3stocksonfire.org/trading/index.php?action=dlattach;attach=225;image)
This stock should rebound 10% now. I'm gonna buy it for a fast 10% profit. Don't come to me with the sentence that «there's no fast money in the markets, you'll get burned, bla, bla, bla». It is because there's risk involved that I only invest 6.66% on each stock - now, stocks can and should be risky investments - if they weren't risky they wouldn't give any money, would they?
Buying if the open is not a gap up and selling 10% higher. I'll give it two days.
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... at 0.87, selling 10% higher at $0.96.
... immediately as I expected. My money doesn't like to be parked on stocks that don't work for my wealth. Damn LOUD. Sold @ $0.85, taking a 2 cent loss.
FYI
Looks Like Loud is getting some movement today. ;)
Digital music distributor Loudeye Corp. shares more than doubled during the premarket session after the company said it would be acquired by mobile phone maker Nokia Corp. for $60 million. Seattle-based Loudeye shares shot up to $4.40 on INET ahead of the opening bell, up $2.63 from Monday's closing price of $1.77 on the Nasdaq.
Alien