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6 pts

Opinion on  NexCen Brands Inc. (NEXC)     Sector: Financial  >  Industry: Misc. Financial Services
NEXC way oversold

Jun 03, 2008 05:19 PM GMT
Fisheye
Return Risk
-21.25% MID
Associate

This might be a good play for a whopping returns. its only hanging by one financial news the moment they are able to secure financing the stock is assured to give 100% plus return. they are a franchising concept. do some research on it and share it with fellow traders if you find the company worth of attention.

Update 06/11:

With many speculating about the recovery of NEXC, the sept. 2.50 call price has risen 100%, from a bottom of .05...  Rather than owning shares this may be a better more profitable way to play NEXC's recovery.  Look for volume to pick up with any good news, BK is out of the question.


NEXC:  This call was made on 06/03/08 @ $0.637
Rating:   Positive   $0.637 (06/03/08)
Closed:   09/24/2008 @ $0.39 (-38.78% in 113 days)
Target:   $1.00 (+56.99%) in Three months


Comments (2)

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bottomfisher67   N/A     0 point   commented 616 days ago reply

Oversold but chart is not doing anything, no buy indicator on my charts.
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Fisheye
D. Porter   13%     1 point   commented 615 days ago reply

Change chart settings to 60min freq. (candles), add parabolic sar overlay if possible, RSI(14), Dir. movement(14,14), and MACD(12,26,9) which are all default parameters on SD.

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Who voted on this idea?
bottomfisher67 N/A 06/03/2008



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