I have 22 consecutive profitable trades of 15% or better. How is this possible? Every day there are hundreds of stocks setting new highs, no matter what happens in the overall market. Many of these stocks are still at very reasonable valuations. Afraid of buying stocks at their highs? Think of it this way: a new high is really a future floor for companies with solid financial underpinnings. Quantitative momentum modeling makes it easy to identify stocks that can continue this upward momentum trend. Why does this happen? It's really very simple..ask me about what investors and cows have in common. I am $$$ MR. MARKET $$$. I AM HUGE!!! Bring me your finest meats and cheeses. You can join in on the fun. Register for free and you'll be able to post messages on this forum and also receive emails when $$$ MR. MARKET $$$ makes his own trades. ($$$MR. MARKET$$$ is a proprietary investor and does not provide individual financial advice. The stocks mentioned on this forum do not represent individual buy or sell recommendations and should not be viewed as such. Individual investors should consider speaking with a professional investment adviser before making any investment decisions.)
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Hate to say I told you so... well not really. ABRX is pretty much right where I said it was going. Last trade after hours friday was 2.70 after the announcement that they're cancelling the shareholder's meeting:
I know, I know, the original post on ABRX was all about a technical bounce- but I just wanted to follow up on my post about ABRX as a fundamental disaster.
Yeah the chart pulled back to far and lost its muster. I can't be buying a stock for a small move. Plus the NAS lost its its strength today which is not a promissing sign.
I am pretty much trading the futures most of the time again since our new system is rocking the house.
Hate to say I told you so... well not really. ABRX is pretty much right where I said it was going. Last trade after hours friday was 2.70 after the announcement that they're cancelling the shareholder's meeting:
I know, I know, the original post on ABRX was all about a technical bounce- but I just wanted to follow up on my post about ABRX as a fundamental disaster.
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