Posted On: 10/24/2013 1:49:26 AM
Post# of 2559
NYBD Daily Chart ~ Looking for New Highs and a Run
With approx 45 mil shares in the float and an OS of under 90 mil currently, NYBD's chart is indicating a possible breakout to the upside over the recent tops in the .009s. Began accumulating this one when the stock price broke above the .0026/.0028 tops established in July thru September and continue to add into the .009s so far, including during the pullback seen last week down to the low .003s. The stock is seeing some horizontal resistance in the .009s as it attempts to break to new highs. I spoke with the CEO twice recently and like his business model and their product line 'Pleasant Kids'. If management can deliver, NYBD could be a good one. Let's see if they can execute and bring it home. GLTA
With approx 45 mil shares in the float and an OS of under 90 mil currently, NYBD's chart is indicating a possible breakout to the upside over the recent tops in the .009s. Began accumulating this one when the stock price broke above the .0026/.0028 tops established in July thru September and continue to add into the .009s so far, including during the pullback seen last week down to the low .003s. The stock is seeing some horizontal resistance in the .009s as it attempts to break to new highs. I spoke with the CEO twice recently and like his business model and their product line 'Pleasant Kids'. If management can deliver, NYBD could be a good one. Let's see if they can execute and bring it home. GLTA
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