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Strategies & Market Trends : Z Best Place to Talk Stocks

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From: mysticw	1/9/2005 11:07:49 PM
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ANGO #2 and DCAI #6 on new IBD 100 list If you follow the IBD 100 list, the big winners on Monday should be ANGO and DCAI. Basically, TZOO is "old" news, while ANGO has ran from #54 ->#12 - #2 in a span of 3 weeks. It's float of only 3.4 million will be used greatly for the runup. I dont expect it to hit $30 (like some are proclaiming), but $27 looks quite realistic. And as far as DCAI, I think a few too many "shorted" it thinking it is going to go back down from $30 to $17-$19. Well, it almost did. Notice that the volume on its way down was much less then the runup from $17 -> $30. To me, it should easily touch $25, and if it breaks above that, $28 is the next stop. I think that quite of but of shorts are going to be caught off-guard on Monday and will chase the stock up in order to cover. One AMAZING fact --> Except for the 100K of shares sold by a director of ANGO before the big runup (like at around $19.40 a share on 12/27/04, which was before ANGO was even at #12), no one has sold any shares from either ANGO or DCAI. That tells me that these are not "pump and dump" stocks. Those are my picks.

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