Monday, January 19, 2015

Big Gain Stocks Hall of Fame - RMBS 2000

I suppose you never forget your first-- RMBS was mine.  (note These prices follow a 4-1 split.)

I had originally bought in the 60s. I sold 3 months later at $200,  $50 on this chart. In doing this I misplace this badly and left untold fortunes on the table. But still, I was 19 and there are many lessons still to be learned. 
Characteristics

  • Theme -- semiconductor technology that was game changing.  Follows on the heals of QCOM.

  •  volume picked up on pre-surge.
    • 2 week Periods of consolidation right on 10 EA following pre surge. 
    • 4 weeks in a row.
    • Vicious pull back and then reset. 

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