Here is another stock that I actually spent money on. The signal was given by the TradeRadar system around 8/18/2006 at less than a buck. The stock is currently closing in on $2 a share as we approach Thanksgiving. It has nearly doubled in three months. I have been testing the refurbished TradeRadar system on some volatile, inexpensive small caps and this one is working out pretty well. Note that the stock itself has a certain fundamental interest. It is involved in providing low cost VOIP services to small and medium size businesses. VOIP is a trend that is accelerating. My own opinion is that charts are great but the underlying stock should still have a good story and solid business potential. The company's products are now being handled by a major office products chain and the stock is beginning to move to the upside.
This is the first in an ongoing series of articles where I discuss what I feel are keys to successful investing. It is based on a post that provides a summary of the ten keys that individual investors should use to identify profitable stock trades. ( Click here to read the original post ) There are two basic steps to investing. First, you need to find stocks that seem to have some potential. Then you have to determine whether these stocks are actually good investments. There are many stocks that at first glance look interesting, but further research reveals that there are too many negatives to warrant taking a position. This first post in the series starts at the beginning: getting good investment ideas. Key #1: If something special is happening to a stock, it will be reflected in some kind of unusual activity in the markets. As individual investors, we will never be the first to know; however, unusual activity can be an early sign that allows us to follow the Wall Street profess