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Yet Another Example Of Predictibility Of Parabolic Stocks.
Posted by Stock Online Trader on October 20, 2009 in Short Selling, Stock Review
Yet another example of how parabolic stocks trade pretty much the same way. These stocks run up huge on news, helped by momentum traders. Eventually when the reality sinks in, the stock quickly drops back. Ocean Power Technology (OPTT) was up on following news. Lockheed Martin Corporation and Ocean Power Technologies, Inc. (OPTT) announced that [...]