Thursday, June 26, 2008

ABAT

I was so all over the place today that I forgot to mention this one, although I did alert everyone on Twitter this morning. The chart looks great and volume is exploding. I was long a few weeks ago,and posted it then. I made some money and nibbled today. I should have taken size. I've had it on my screen ever since. Could be a runner. Nice , nice volume.

2 comments:

TheQuantifier said...

Did you know that they are getting added to the Rusell3k tommorow? The volume spike could be due to a lot of funds that follow R3k buying in. Also I am sure a bunch of Long-Short StatArb funds should be putting positions in ...

http://finance.yahoo.com/q?s=ABAT

Have you done any research on the underlying technology they poses?

upsidetrader said...

thanks for the input-i just look at the charts

About Me

My photo
I am a former hedge fund manager, broker and capital markets dude who now trades for his own account. I love what I do. I will try to post some stocks and an occasional chart that looks attractive for entry.I will also try to point out the idiocy of conventional wisdom and the lack of value added by the mainstream financial media. These postings should not be viewed as recommendations.