Buddjas1 Stock of the Week

[BigSully1]

Buddjas, what do you think about the chart on RSTI? Is it a breakout or not quite?

[buddjas1]

Yes, I would say breakout.  I do question the value, however.  Isn't current price fair for approx $2.10 EPS?

[buddjas1]

buddjas1
good morning!
Take a look at the price target!
check this one out! what do you think?

Profitable last quarter only because SPIR sold a trademark.   I personally don't touch unprofitable companies anymore.  Good from a techincal point of view, I suppose.

[buddjas1]

NTWK needs some volume, to take full advantage of the technical breakout. 

[pinoleropuro]

I am liking your method and I thought let me see if I can do this. Man, I had the best trade in less than a week with ASTI and 47% gain this week. I don't know if you saw my post on the main portfolio.
Any way so I ran a filter and filtered it out some more and I came up with this list and was wondering what you thought.
according to my risk calculator which seems to change on a daily basis this list was the best prospects for making more than 10%

RICK
ENER
ASTI looks like its back on the list again!!! 
FSYS
ZVUE
TESO
PWER

[buddjas1]

Nice day for NTWK but still needs more volume for a major breakout; perhaps after it breaks 2.00.  Nice buy at the end of the day.

[buddjas1]

Sold 352 NTWK @ 2.20.

[buddjas1]

Week 5 performance:
Me = $670.35 to $766.09; +14.28%
Dow = 12,216 to 12,609; +3.21%

Total perfomance
Me = $463.63 to $766.09; +65.24%
Dow = 12,264 to 12,609; +2.81%

[buddjas1]

Bought 117 PAL @ $6.44.

[wpSoft2008]

Good work and nice picks.

Even PAL is down today but I believe that it will go up in coming days.

[wpSoft2008]

I think that you can start $500 to buy one stock. But after your account reached certain amount, you will have to buy more than 1 stock.

For me, $10,000 may be the starting point ,which I may buy 2 stocks at a time, 100k is another point which you may have to buy 4 stocks at a time.

I did have turned $5k into $320k in few years in my real account but we have 10-20 stocks in my account now at any time from initial one stock to begin with.

Anyway, this trial is much better than mine. Keep it up.

[buddjas1]

Thanks for the nice comments.  I will look to buy more that one stock as the capital increases.  I figure about $4,000 before I can split it into two stocks.  Other wise $20 commission on each buy-sell pair eats up too much from a percentage standpoint.

PAL was not my friend today.  Although the 50 day EMA is providing support, PAL needs to fill the gap up from yesterday, before extending the techincal breakout.  The same thing happened a couple of months ago. 

[nica33]

Congratulations Buddjas1 ... Impressive performance.  I like a lot your style.

I think PAL is finding support in EMA10.  With the low volume today, hope can resume the uptrend.  Just need more volume.

Applauds

nica33

[buddjas1]

QSC breaking out.

Plenty of room up to 4.90 or so, then decision time.

[buddjas1]

PAL, yuck.  Good news is gap filled.  Bad news is that there was no bounce after the fill.  PAL looks to be my first big loss and I will feel lucky to get out breaking even.