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Revolutionizing Investor Psychology
 
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BKS

 
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mesa613



Joined: 12 Jan 2006
Posts: 78

PostPosted: Wed Nov 22, 2006 11:58 pm    Post subject: BKS Reply with quote

Any thoughts on BKS?
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Harry



Joined: 11 Jun 2005
Posts: 128
Location: midwest

PostPosted: Thu Nov 23, 2006 10:44 am    Post subject: Reply with quote

I don't see this one as a big money maker. It is only about 7.5% below its last high. It has resistance at the 20 dma. If you use a 3 to 5 % stop, that is not a good risk to reward ratio. (r to r). It does look like it may move up a few bucks but not enough for me. On the other hand if you expect it to break out above 43 who knows how high it could go. Happy
thanksgiving. Very Happy Very Happy
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Harry



Joined: 11 Jun 2005
Posts: 128
Location: midwest

PostPosted: Thu Nov 23, 2006 11:01 am    Post subject: Reply with quote

I have a stock I am looking to get into tomorrow or Monday if it opens higher. I don't want to put a curse on it but here it is. Take a look. WRSP The volume is not what I like but all the other ducks looks good. Very Happy
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