Hi Todd, and welcome, you seem to have a good grasp of what the potential is for ARX at this time. It was indeed the LU press release regarding the long term agreement with LU that prompted my interest in the stock. This is a strategy that I have used successfully in the past when making stock selection, that is, to find the leader in a sector and find related companies, suppliers, etc. in an effort to ride the demand for their products/services. Not very complicated really, if LU, being the leader is continuing to advance with their dominance in their market, it's logical to believe that their partners/suppliers will also reap those benefits which everyone hopes will translate into higher earnings.
As far as time frames are concerned, I personally try remain very flexible on that score. My own experience is that it is extremely difficult to predict future stock prices within a given time limit. Once I make a purchase, I follow the stock closely, with an eye to making sure the overall trend is positive, with increasing volume, and indication that accumulation is taking place. I do not consider myself to be a "chartist" but will use the tools to help in making buy/sell decisions or add to my position. There are many individual contributing to SI having TA expertise and most will generously share their insight. I hope this helps some. I also highly recommend "How To Make Money In Stocks" by Wm. O'Neil. He publishes Investor's Business Daily, which I also find invaluable. Good luck, bp |
