Uploaded by MannyBackus on Apr 18, 2011
More Trading Tips for Stock Traders at: http://www.TradingTips.com
Other recommended sites for traders at http://www.WealthPire.com
In this episode of the TradingTips.com video newsletter, we won't be looking at a pattern formation, a technical statistic, or a chart overlay. Instead, we'll be looking at an actual stock pick made for the week of April 18, 2011.
In this episode, you'll learn:
- The identity of the stock in question, along with background information and recent earnings.
- What I see in the stock, and why I think it's a buy.
- The recent events that have transpired that not only make this the right stock, but now the right time.
- The precise entry point, price targets, and stop-loss I intend to use with this stock.
The episode also features charts and statistics to illustrate the case for the stock. We look at its recent history, as well as its trading over the past six months. We look at several key statistics and indicators and speculate as to how the stock's current supply and demand could lead to a nice surge in its share price.
The stock reviewed in this episode has insider and institutional ownership that exceeds 100%. How is this possible? Watch and find out. The stock also has a PEG ratio of 0.5, which means it could double and still be considered a "value stock." What stock is it? There's only one way you'll know: watch the episode!
Happy Trading!
Manny Backus
CEO, Wealthpire Inc.
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