The triangle looks like it is getting a bit too long in the
tooth. Also big gap to fill on the daily chart. Too volatile for my
blood but might be good for a quick momo trade.
Thank you. Time will tell. It's going to be an
interesting stock to watch, I think. They just announced a
big contract with America Movil and it's 280 million subs.
Earnings were very strong and rumors about the company are
flying. The float is very small... 10 million shares...and so
it is easy to move. Micro cap and risky.
The triangle looks like it
NQ
Posted by payday on 9th of Mar 2013 at 10:22 pm
The triangle looks like it is getting a bit too long in the tooth. Also big gap to fill on the daily chart. Too volatile for my blood but might be good for a quick momo trade.
Thank you. Time will tell.
Posted by whs956 on 10th of Mar 2013 at 12:19 am
Thank you. Time will tell. It's going to be an interesting stock to watch, I think. They just announced a big contract with America Movil and it's 280 million subs. Earnings were very strong and rumors about the company are flying. The float is very small... 10 million shares...and so it is easy to move. Micro cap and risky.
PS. I am NOT recommending
Posted by whs956 on 10th of Mar 2013 at 12:32 am
PS. I am NOT recommending buying this stock. I am thinking it may move impulsively and provide interesting trades.