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Strategies & Market Trends : Three Amigos Stock Thread

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To: Sergio H who wrote (20161)6/7/2000 12:23:00 AM
From: Lawrence Burg  Read Replies (1) of 29382
 
Sergio...I've been toying w/Race since early March. I'm in fairly large at this point because...

Insider activity by a fairly notorious promoter.. biz.yahoo.com

Breakaway momentum, per the DMI's, MACD, rising green volumes, fresh 52W high... easystock.com
weekly also...http://www.easystock.com/tkchart/tkchart.asp?stkname=RACE&wt=1&ind=nn

Also weighing in were some recent, relatively telling, management changes, fresh deals, an edgy product in an exploding sector (VoIP). A charged short position.
Embarrassingly, somewhat because the previously considered rantings of a few "lunatics" who follow the company are actually being fulfilled.
But mostly, it's from studying the ticker, and noting the shakes, crosses, & accumulation the last few months, and most impressively, the support the last few days.

I think that's as much as I can fit in my nutshell...oh yeah...my gut feels really good on this one :O)

Good Luck!
LB
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