I listed this pick (UCOMA) with Clearstation, one of my favorite investor sites. In the process, I learned that the Clearstation community vote on UCOMA is 31 buy recommendations to 0 Sell recommendations. Guess I am not the only one who likes this stock right now.
I am going back into the market. I believe there is not much upside to the market as a whole but individual stocks picked right can do O.K.
I just placed an order for United Global Comm (UCOMA) at $3.25
It has a near perfect cup and handle formation and is sitting on the bottom of the handle. It has a 91 Relative Strength in IBD as well as a reasonable 66 EPS and a very strong A+ Grp Strength. Guess I'll set a stop around $2.75 or slightly higher.