ANSW THoughts? TA?

[Gwhiz]

I bought ANSW a few days ago, and I think its a really attractive opportunity at this point. It's about to run into a long term upward trendline, as well as growing very quickly as a website. Its also being accumulated by institutional investors as evidenced by large spikes upward in price and volume on the daily charts that are brought back on small volume. The bad part is that management is weak. However, due to their superior product Answers.com, this looks to me like a worthwhile investment?

Anyone have thoughts on the technical or fundamental side of things?

I strongly encourage anyone who likes to ride a stock for a few weeks or months to consider ANSW.

Thanks,
Gwhiz

[mrmarket]

I love the revenue growth, but I wouldn't touch it until it turns profitable..if it ever turns profitable. Of course, once it is profitable, its stock price would be a lot higher than it is today, but at least you'll have living proof that its business model works.

Anything less than that is too risky to me, considering the plethora of profitable, and cheap, companies there are out there to invest in.

[scifos]

Prima Facie, I'd pass on this one. Where did the volatility go? If I liked it I'd either wait for a breakout on volume or if fundies are good buy the next time it bumps the 200 SMA (daily) where its found support twice now since breaking out in September.
Thoughts on the daily: no volatility = no price appreciation, but supertight bollinger bands can signal a future breakout (either up or down, it kinda shows cycles of trend/consolidation). I wouldn't be surprised to see it break to the 200 SMA and then reverse hard (or plummet). Positive MACD divergence on those two trips to the 200 SMA is positive though.

Weekly thoughts: Again, no volatility. Why buy now when the price isn't moving? The weekly 50 SMA has also been support, could wait for a pullback to it, like the daily 200 SMA.

[Gwhiz]

ANSW looks like it may be running into the upward trendline it has tested twice since Sep 06. I say this b/c it has had minor drops to what looks like this line on the yahoo daily charts 3 times over the last three days and has bounced back on the largest volume of the day every time.

This stock has great potential for a trade with a lot of potential upside and not much risk.

I hereby recommend a long on ANSW to anyone foolhardy enough to Listen to me. Great upside, while a stop 5 % under the current level would take care of any risk.

My Two Cents

Gwhiz

[Gwhiz]

load up

when this gets going it will fly

[Tatnic]

I bought ANSW a few days ago, and I think its a really attractive opportunity at this point. It's about to run into a long term upward trendline, as well as growing very quickly as a website. Its also being accumulated by institutional investors as evidenced by large spikes upward in price and volume on the daily charts that are brought back on small volume. The bad part is that management is weak. However, due to their superior product Answers.com, this looks to me like a worthwhile investment?

Anyone have thoughts on the technical or fundamental side of things?

I strongly encourage anyone who likes to ride a stock for a few weeks or months to consider ANSW.

Thanks,
Gwhiz

I thought you meant amswa...sorry, I know nothing about answ, but I remember thinking that amswa had a decent looking chart a few weeks ago.

[peanuts]

load up

when this gets going it will fly

I'm with you, GWhiz. Great pick, this is definitely the price to buy ANSW:

[

[peanuts]

I don't know why that chart looks so bad.... maybe imageshack is having problems?

[Gwhiz]

i just increased my position by 50 % on todays pullback. In at 14.50.
The initial position was from 13.03.

This looks to me like it could go above 20 within a few weeks

[Gwhiz]

I got this one from IIC... ARD

I got this one from IIC...

ARD looks like another attractive opportunity -- but with much lower risk and volatility.

ARD has solid financial underpinnings and experienced management. They have grown revenue and profits consistently and continue to accumulate oil reserves. The company currently trades at a historically low P/E.

This is also a play on the price of oil which is inevitably headed upwards.

The stock has pulled back from recent highs but looks to be firmly entrenched in a mega up trend.

More than 20 % of the stock is sold short. It has a shortsqueeze ranking of 43 which is very high.

I plan on getting in tommorow at the open.

Thoughts anyone?

[New-born baby]

I got this one from IIC...

ARD looks like another attractive opportunity -- but with much lower risk and volatility.

ARD has solid financial underpinnings and experienced management. They have grown revenue and profits consistently and continue to accumulate oil reserves. The company currently trades at a historically low P/E.

This is also a play on the price of oil which is inevitably headed upwards.

The stock has pulled back from recent highs but looks to be firmly entrenched in a mega up trend.

More than 20 % of the stock is sold short. It has a shortsqueeze ranking of 43 which is very high.

I plan on getting in tommorow at the open.

Thoughts anyone?

ARD: I think it is going to run a lot higher. Nice pick.

[IIC]

I got this one from IIC...

ARD looks like another attractive opportunity -- but with much lower risk and volatility.

ARD has solid financial underpinnings and experienced management. They have grown revenue and profits consistently and continue to accumulate oil reserves. The company currently trades at a historically low P/E.

This is also a play on the price of oil which is inevitably headed upwards.

The stock has pulled back from recent highs but looks to be firmly entrenched in a mega up trend.

More than 20 % of the stock is sold short. It has a shortsqueeze ranking of 43 which is very high.

I plan on getting in tommorow at the open.

Thoughts anyone?

Does look ready...Good luck w/ it...IIC

[Gwhiz]

Grow

GROW is another short squeeze play.

It has roughly 30 % of shares outstanding short, but thats not so large when you consider daily volume.

It has a very nice uptrend and looks to run into its uptrend around 22 in a few days.

Its a group of no load mutual funds in the resource market with a killer record, and IMO that the resource market will continue to be bullish for years to come.

I'm going to WAIT for the bounce off of the trend line on high volume, and if it happens than i'll buy GROW.

Thoughts?

[dalion]

what do they do?