I use sophiticated algorithms to pick stock. Algorithms using the latest statistical concepts put together by a group of mathematical boffins in the states. Thats how I got onto is stock for some very quick gains. And yet again the algorithms dont lie. There is no such thing as free money!!! yeah whatever, believe what you want. The world needs glass half full people!!
If we take the awsome fundamentals out of the equation and look purely at the technicals, this stock has breached the lower 1SD bollinger with favourable MA. Using an RT kicker algorithm, this stock has a STRONG chance of serious long term uptrend. What do I mean by serious. Well I mean the serious type of upswing that you talk about to your kids in 10 years.
You look back at these stocks when they are at 5 dollars and laugh at the price you purchased at. There are some stocks that lose you money, some that make you money and some stocks that make you rich. I claim CNX to be most likely in the later category.
These type of stocks can offset every bad trade you have ve made, if you get in at these prices.
Once the top end of town wakes up to CNX (and I claim it probably has), these stocks work like anti gravity devices. The true penny BOTTLE ROCKET!!!!
CNX Price at posting:
6.5¢ Sentiment: LT Buy Disclosure: Held
