Allstocks.com's Bulletin Board: RADN

This is topic RADN in forum Swing Traders at Allstocks.com's Bulletin Board.

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Posted by Bartle on :

I'm starting to like the looks of RADN.

It's a little high priced for what I usually trade but the risk factor looks fairly low to me.

I want to see what happens at the open on Monday (obviously!) but my 2-3 day plan for this stock would be in the $13.25 area.

Support is a ways below, at $11.04 and there is some pretty close resistance at $11.81 but it looks like weak resistance to me. The resistance at $13.33 looks much more real and I wouldn't plan on challenging it.

Let me know what you think.

Posted by ozzy33 on :

Wow the P/E is over 85!! I would keep away for long term

Posted by Bartle on :

Yeah, you wouldn't want this for the long haul.

Anyway, I still believe. I'm in at $11.10 and waiting for the bounce!

Posted by Bartle on :

Argh! I don't believe any more! Ouch! I really took it in the chops on this one!

Nothing like public embarrassment to really bring home a stock-trading lesson! hahah