TATRADER GIZZARD STUDY--Stocks 12.00 or Less..... Message Board

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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less.....

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To: lexi2004 who wrote (56503)	10/18/2006 9:20:23 AM
From: TATRADER	Read Replies (2) of 59879

A bull popper is a stock that has volume between 2-10 million shares in one day... It has shares outstanding less than 75 million, preferably 25 million or less.. It moves up over 60% in one day.... The play is on the bounce...The bounce is usually 25-40% on most of them, from the low... Example: LPTH.... Beginning of move at 3.70, high was 6.56 Subtract difference=2.86 multiply by 66%=1.88 Subtract 1.88 from 6.56 for pullback buy area... 4.68 is the buy area... Now take 6.56 minus 4.51(Actual low) 2.05....In the case of so few shares outstanding I think this one will bounce 40% from the low or to 5.00 area.... The reason I am in this one, is that once in a while when you have less than 5 million shares outstanding the move is much greater than 40%...It may even surpass the previous high... I think this one has that potential, since earnings are coming out November 15th, and the chart shows potential to the 8-10 area... Regards, Mark

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