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Author Topic: Nick's Picks for Next Week!
Rockomon210
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Hey guys i have been watching these stocks and I'm thinking it's a good time to jump in- Good Luck- I'm buying these but do your own DD- Later, Nick

PROX (watch- may go lower)
IIP (1.25)
HOFF (1.03)
RCO (0.18)- may drop lower
ANCC (0.65)


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grjohnso
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Nice to see a new poster around here!

Hey, Nice picks Nick. I see you are trying to pick medium term bottoms. Remember it is really hard to trade against the trend. It can be done it is just dangerous. The biggest indicator for a medium term bottom will be high volume and/or a obvious reversal on the weekly chart (which some of these do have).

This one I like - HOFF - highest volume in 3 yrs. I have been watching this one for a while.

PROX, IIP, ANCC are in distribution stages as you can see the insiders have already started dumping to fill the demand of the public. This means little for short term fluctuations.

Please keep the picks coming!

[This message has been edited by grjohnso (edited July 01, 2004).]


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