A lot of readers have been asking me for a price target on OPBL.OB. Well, I don’t really believe in official price targets, but prefer to let the market tell me if a stock is acting strongly or not.

That being said, it is still useful to create models in order to understand where your stock is trading. As readers know, I am a big fan of price/earnings to growth analysis, and I’m going to work backwards with PEG analysis here […]

Continue Reading Question Time: Price Targets?

Not sure how many people are aware of this, but I just became aware of it and I think it is a pretty cool addition to your research toolbox…

The website www.alexa.com publishes real time web traffic numbers for all websites in the top 100,000 as far as traffic is concerned. This is a pretty significant resource as far as investing in web based companies is concerned, because generally, the more traffic, the higher their revenue will be. Of […]

Continue Reading Using Alexa.com for web traffic stats

We’ve all done it. Trying to catch falling knives is one of the classic moves of a speculator. Most often, the stock is a former leader that is getting beaten down hard. For value investors and swing traders, this kind of stock suddenly begins to look attractive. So we try to game the stock and figure out how low it can go.

The problem is, most of the time we get it wrong. It’s not necessarily that we get the story […]

Continue Reading A UVIH case study: how to catch falling knives

Use Level II!

December 3, 2006 | Leave a Comment

Where possible, I strongly encourage a look at Nasdaq Level II when buying and selling OTC securities. Because of their illiquid nature, Nasdaq Level II is especially helpful in determining when a stock is about to take out all of the asks and jump or, conversely, take out the lowest bid and tumble.  To trade without it is to simply give up easy money on the OTC. It is critical to identifying support and resistance levels.