VCGH - Solid Play

[Albert0373]

Picked this one up for a great solid play, holding time would be 3 weeks - 2 months; I am a buyer at these levels. Target 16.50 early Feb.

Great financials/fundies for a solid long-term hold, revenues and income have been increasing.

2415

Here's the daily 6 month chart, golden cross (50ma crossing over 200ma line) at end of October a plus.

http://i14.tinypic.com/6s6z6o3.png

[TonyM]

Taking the other side of my weekly pick eh;)

[Albert0373]

Oh my, I must have missed that..my apologies, Tony. Great call though, VCGH down a quite a bit today with the market, still waiting for it to stabilize for an entry.

[TonyM]

No apologies needed, just struck me as funny because I got a terrible entry on the gap down Monday morning. Your call is for a longer term so you may well have a good trade once it settles down.

How did you screen for this one if you don't mind my asking? I was just looking for a relatively low volume stock that closed on a huge up day on Friday.

[Albert0373]

Sometimes I pick up possible trades from other forums and share them here, it's like a free social stock screener. People post what they like and I sort through those to find what I like from that group. But most of the time, I get my trades from screeners or I trade companies with upcoming events.

[TonyM]

Interesting, I've done the same. Do you ever check for pumpers on Yahoo as a contrarian indicator?

[Albert0373]

Interesting, I've done the same. Do you ever check for pumpers on Yahoo as a contrarian indicator?

Yes, most of the time I do. Yahoo ! F is also like another free indicator...see a lot of pumpers on the boards of that certain stock? Take a second look at it before buying it. See lots of bashers? Take a second look before panic selling. :lol:

[TonyM]

Exactly;)