I will, no problem. I'm new to the site.
Got your attention, though, right?
The BB King
Got your attention, though, right?
The BB King
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Stock Picking / MSPD breaking out
December 15, 2006, 12:11:17 PM
MSPD, Mindspeed (NAS), trading above 2, has broken out of a 5 month base. The volume is not impressive, though the MACD has been indicating an impending rally.
However, keep in mind that the company is not growing its top line, it is still losing a great deal of money and it is knee-deep in debt. I bring it up for those who are more risk-tolerant than me.
In the interest of full disclosure, I decided not to play the breakout, for the reasons stated above. I don't know how far it can move but I didn't think it was worth rolling the dice.
What I WAS buying until yesterday (now it's 10c higher) was GRSR (The Dutch Girasolar, soon moving to the BB from the pinks), one of the most intriguing solar micro plays out there.
The BB King
However, keep in mind that the company is not growing its top line, it is still losing a great deal of money and it is knee-deep in debt. I bring it up for those who are more risk-tolerant than me.
In the interest of full disclosure, I decided not to play the breakout, for the reasons stated above. I don't know how far it can move but I didn't think it was worth rolling the dice.
What I WAS buying until yesterday (now it's 10c higher) was GRSR (The Dutch Girasolar, soon moving to the BB from the pinks), one of the most intriguing solar micro plays out there.
The BB King
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