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Thursday, March 31, 2011

UTEK

I have no news on UTEK, so I don't know why it got popped today, but just looking at the chart it is pretty clear somebody likes this one. The price relative is fairly high, and CMF stayed positive over the ourse of a two month base. This is another one which should be looked at closely.

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2 comments:

Paul said...

D,


Thanks for bringing this one to our attention. Volume was through the roof.

David said...

Hi Paul,

It has pretty decent numbers, and the last breakout was after it reported in January, so it looks like somebody thinks it's going to be good again. I have April 21 as the next reporting date for this. It's pulling back pretty nicely today, and might give us a decent entry point.

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