MED

[snowcat]

up 10% - could be a suckers ralley bouncing off the 50 dma
volume is good.
http://finance.yahoo.com/q/ecn?s=MED

[genegene]

MED took a dive on concerns that it may costs  to get new clients will be increasing.

The stock is down 30% today and down huge from its high.  At this price it looks very attractive and may be good for a point or two.

http://finance.yahoo.com/q/ecn?s=MED

[snowcat]

MED is very attractive at this price.  It fell because for the 1st time it did not have double digit growth.  The market stinx and it is still a good stock.  People are still mostly fat slobs.  I am suggesting a bill in Congress that bans the sale of XL bikinis in America.

The stock is headed to the NYSE which should give it some added exposure.  The AMEX is manipulated and run by a bunch of bikini wearing fat people.


http://biz.yahoo.com/bizj/060815/1331302.html?.v=1

Also check out RTK.............

[basonista]

Lucas posted early this year that MED may have been a better pick than DIET in this sector and he was right at that time.  Looks like it may be making some more noise!

Medifast reported a great quarter last week and the stock has responded to the upside.

Medifast 3Q profits double

Technically the stock is breaking out all over the place and financials look pretty good.  I'll just leave the chart for now and try to post some financial information over the weekend.  I apologize for the clutter in the chart but there is a lot to show.

[basonista]

Another nice move on MED today and against the direction of the markets.  Gapped up to the 200ma, ran and then pulled back to close up nicely and on high volume.

[basonista]

Been doing some nice trades on MED.  Could be ready for another move up with support from both the 20 and 200ma right here...

[BigSully1]

MED is moving again today.

[BigSully1]

By the way, Stocklemon did a 360 on MED after the stock got cut in half to $11 last year. The only stock  I've ever seen them do a retraction on. Here's what they said;

http://www.stocklemon.com/08_24_06.html

[BigSully1]

MED looks like it's trying to make a move today.

$7.54 now.

http://stockcharts.com/h-sc/ui?s=MED&p=D&b=5&g=0&id=p72402598906

[BigSully1]

I'm really disappointed. Part of the reason I really liked this site was because of the friendliness and apparent willingness for people to help each other for a common goal. I've been trying to contribute as much as I  can here lately, sans tech analysis, but apparently it has very little worth. Seems that unless you're a tech guru, you're pretty darn low on the totem pole.

My wife has been saying that I've been spending too much time here and I tend to agree. Almost all my posts go without any response at all, and simple requests for help or opinion almost always are unanswered, unless I specifically pressure certain people. Seems I've been doing pretty darn well on my own anyway. So I've decided to quit wasting board space and my own time, and go back to relying on my tech books to hopefully learn my answers.

Some day maybe I'll become more tech savvy and again attempt to become part of the clique here. Until then, talk at ya later and good luck y'all.

[traderjbr]

Nice find there BigSully,MED looking better today.I know what you mean about being reminded about spending too much time on studying the charts,I have that same situation as well.Books are an excellent resource provided they are written by a reputable author.Stockfetcher has some interesting scanning tools as well for picking up ideas.Hang in there,some post may not get feedback for whatever reason but more than likely they are being viewed.I'll try to look for your post when I log on to see what stocks your finding.Good luck!

 

[BigSully1]

I appreciate that Traderjbr. I inadvertently posted that message on this board. Meant to post on the NSTC board. Was some frustrated about a few questions on some of the stocks I've been posting about that seem to always go unanswered or even noticed. I'm largely over that frustration now.

Thanks for the response on MED. I do understand that this one is only looking better, but still not so great technically, at least not yet.

I do need to spend a little less time here though. Trading is not all that easy of a job for me. Thanks.

[BigSully1]

http://stockcharts.com/h-sc/ui?s=MED&p=D&b=5&g=0&id=p79118362987

[setravis]

"MED" Threads have been Merged.
Please use the search before starting new threads on a Stock Pick.
Chances are a thread already exist.
So why not post whatever you have to comment about on that pick to that thread.
"Simplicity" My fellow traders.                                                  
All history on a stock pick in 1 thread is awesome.                                                    
Just trying to get threads together,so we don't have a numerous amount floating around on the same stock.                                             
Thank You....and good luck with all your trades....make some $$$                  


I will leave you today's closing while I'm in this thread.......

[BigSully1]

another very nice candle for MED today.