Peet’s Coffee & Tea offered $26 per share for Diedrich Coffee this morning. This is a perfect example of why I am such a fan of technical analysis. DDRX was a penny stock back in March. All of the sudden, it became the best company in the world and went from under a $1 [...]
DDRX is breaking out. I added an entry sized position at $27.
One publication that I often check out on Saturday is Investor’s Business Daily. The newspaper provides a list of its IBD 100 list. For those not familiar with IBD, I think it is fair to call the IBD 100 list a list of bullish momentum stocks. It can therefore be a good spot to find [...]
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