A week ago, I alerted readers to what I felt was as close to a sure thing as possible when discussing the downside to LDK. Those who decided to call in for trading guidance landed a huge score with gains of about 25%.
Let's have a look at a summary of that article.
"I wanted to mention a stock that has a good chance of a large move over the next few weeks, if not sooner.
But this does not provide the full picture. Even more important, LDK is currently testing a very important (although fairly strong) technical support at around $10. In addition, the stock is down by nearly 4% today. Although the recent trading volume has been low and on the declining side, the volume has been huge since the stock corrected from its February 2011 highs of $15.10.
If LDK falls below this support (and the breakdown is confirmed) shares are likely to collapse another 20% before taking a breather.
On the other hand, if the stock holds the support, we are likely to see a nice rally as the shorts become squeezed. Either way, the chances of high and increasing volatility for the stock over the next couple of weeks are high."
Here is the full article.
While I mentioned the fact that I feel taking short positions is generally not advsied for non-professional investors, the fact is that people do what they want and rarely listen to this common sense advice. And I'm willing to bet that many of you have taken short positions. If so, I hope you got in on the downside from LDK.
I'm not going to tell you the analysis I've made for the next move in the stock. I run a research firm and I cannot give away my research. If you want a free analysis, you can check with one of many goof balls in the media or online who either sell securities or spend their day blogging for ad dollars. They don't sell their research and guidance for a very good reason; it's useless.
If you want a trading analysis with set up and exits, and other information needed to manage this and any other trade, you can contact us for details on pricing and availability of a live phone session.
As a side note...
It's really shocking to me that thousands of people waste their time reading daily drama and other BS from sites that offer no real value. Yet when I post a freebee that leads to an easy grand slam, very few take notice. That is the consequence of being banned by virtually evenyone. They are banning me because they are making money by misleading people. And they want to stay away from fraud detectives like me. This is a fact. By now, I have to believe that any website that isn't asking what I am thinking is either run by clueless individuals or crooks. perhaps both.
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