Did some more dd on DCSR and while the revenues appear to be going up and major insider buying, I am a little concerned over the issuance of preferred shares. I am no genius when it comes to preferred shares, so I need some further assistance if anyone is willing to take a look.
I am also doing some research on stocks crossing their moving average. I also look at the Bollinger Bands. What I have been doing is looking at stocks that have had recent huge run-ups and going back to see what happened on a chart. Interesting to note is that most of these have crossed that moving average. Recent examples are PARA, BIGC and countless others. Big or small, it doesn't seem to matter. Ones that I am currently watching are BRTL, COMX, LEAP and EFCI.
On a down note, I saw the Dow had crossed it's moving average in the opposite direction, which usually signals a downturn. How much, I have no idea.
Now, I am no TA genius, so don't take my word for it, just trying to come up with a good system combined with Rande and William's excellent stock picking skills.
JR |
