Miva Inc. (Nasdaq: MIVA) is trying to form the right side of a bottoming base. Today the stock popped 16% on 2x normal volume. This ecommerce and web advertising company is a turnaround story, after restructuring and renaming itself in the past year. Clearly we’re getting some accumulation here. I have a small position at about $5.00 per share. Cheers!
Internet Security Systems, Inc. (Nasdaq: ISSX) is working on the right side of an 8-month base. You can’t see it on this weekly chart, but yesterday the stock gapped up 6.5% on a 1.5x of average volume. Headlines report analyst upgrade. Of course you know I care more about what people DO than what they SAY, but somebody did a good bit of doing yesterday. We’ll watch to see how this base rounds out, as internet security is primed to receive more attention in coming years.
An educated [open] mind can entertain an idea without accepting it.
Education’s purpose is to replace an empty mind with an open one.
Success doesn’t come to you… you go to it.
This is a great article… both interesting and amusing. Enjoy!