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 |