Hearing that MCX might join IBD100 list

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  • mystiky
    Senior Member
    • Dec 2004
    • 333

    Hearing that MCX might join IBD100 list

    I have seen a few places (like Briefing.com) report that if MCX closes above $15 today, it will make it onto the IBD100 list for the first time ever.

    The float on it is about 3.3 million shares.

    Usually stocks that make it on the list get a bump up anywhere from 8% - 15% on the next day (that would be December 19).

    Do your own research on MCX but its almost there...
  • sekto
    Member
    • Dec 2005
    • 69

    #2
    u jynxed it !

    Comment

    • mystiky
      Senior Member
      • Dec 2004
      • 333

      #3
      MCX and IBD100 entry

      trust me... retail players (like me and you) in the IBD game are just pawns.

      Last week at the same time, IFO was being mentioned that it has to close above $15 in order to get on the list. At that time, it was trading at 14.60.

      Now, look at what happened during the last 20 minutes of trading last Friday (December 9) with IFO. It went from 14.60 to 15.68 close. The IBD money came in at the "last second".

      So, dont be surprised if same thing will happen with MCX. I am not predicting it will, but you have been warned!

      Good luck!

      P.S. After making the list at #40, IFO opened at 16.00 on Monday and ranup to 17.80 within a few hours. And it hasn't been really dumped throughout the week. As I am typing this, it's at 16.87.


      Originally posted by sekto
      u jynxed it !

      Comment

      • dmk112
        Senior Member
        • Nov 2004
        • 1759

        #4
        Originally posted by mystiky
        I have seen a few places (like Briefing.com) report that if MCX closes above $15 today, it will make it onto the IBD100 list for the first time ever.

        The float on it is about 3.3 million shares.

        Usually stocks that make it on the list get a bump up anywhere from 8% - 15% on the next day (that would be December 19).

        Do your own research on MCX but its almost there...

        Yea it looks good, heard you picked it up off the 10 dma, good move... But once it does make it to the list...SELL!!
        http://twitter.com/DMK112

        Comment

        • Websman
          Senior Member
          • Apr 2004
          • 5545

          #5
          Originally posted by dmk112
          Yea it looks good, heard you picked it up off the 10 dma, good move... But once it does make it to the list...SELL!!

          Comment

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