DJ -
This isn't what you are asking, but it's information just the same...
As for me, I'm long on ZOLT in my brokerage acct., and big time long in my rollover IRA. I got in just a few days ago, and am up ~30%.
Zoltek looks to be overbought (on a technical basis). I have a stop limit order in to protect profits. If it shows weakness, I'm out.
Long term, I'm very bullish on Zoltek. I'll be back in again, given a good buy signal. But these days, I'm into protecting capital.
(Kind-of off topic... speaking of protecting capital...)
Saw an interesting article in a newsletter I read (Maedel's Mini-Cap Analyst) that notes... "(there is a) sudden surge in insider selling which has accelerated to a level not seen since 1993's correction-preceding run." Maedel's points to Coca Cola and Microsoft as stocks that are considered too highly valued by their insiders. As a result of these high valuations and insider selling, he is expecting a sizable Dow correction (down to a ~7100 support level) during the next few weeks/months.
Also, it's almost October again... the stock market 'witching month'. Another reason to be cautious.
Loren |
