#25 is on my top 5 stocks, but I didn't pull the trigger due to the nature of the market. It is not moving forward on a new move yet, so I didn't buy. The position, condition, and direction is not aligned and yet the message on Monday from BTT was it was a buy as it returned to the buy point. Was I wrong, no because I followed my rules. I want to put as wind at my back as possible. But with that said, I still like the company. Made decent money in ita few years ago when I first tried BTT's service.
I am focusing on the big fish in the pond. Looking for action near the 50 day line on two of the biggest BTT's movers,#1 and 11. I am holding a few shares of #19 which I am looking to establish a large position in over the next couple of years. But that will time and the company continuing to execute well and capitalize on the sales infrastructure they have built.
Just some ramblings from one that is mostly on the sidelines right now, waiting for the best opportunity.
Anyone interested in medical stocks ought to do a search on the medical device tax of 2.3% that will begin in 2013. It is part of the health bill. I will not turn this into a political statement, but 2.3% tax will increase the cost of medical devices. |
