Tuesday, August 10, 2010

RAD

I thought I'd bring this one to your attention, RAD on the current list closed today at the limit order level. It's a nice looking chart, you may want to tighten up the stop. Perhaps enter at market and only hold it if it is higher at the end of the day, intraday moves don't count otherwise you'd be stopped out 5x in a day, but make sure to use good position sizing as the risk is still sizable should it fail.

I would personally have a stop around $.98 This is also very speculative because it is under $5.00 so make sure you adjust your risk down accordingly. Otherwise, this is what we have been waiting for. It was listed at the end of July on the current list.

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