Thursday, February 25, 2010

STMC - Might see another push soon...

We have STMC on watch for another push to the .02s. The chart is rounding upward off of higher lows and the stock is getting more of a following. We'd like to see the bid start to creep up in indicate buying interest. This one moves quickly so if you want a position you have to sit on the bid and wait or put in an order a tick or two above the ask to ensure a complete fill. We don't have any shares at this time but will be watching it closely for breakout indications.






















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