Sunday, March 27, 2011

OVRL - Momentum Stock

Overland Storage (OVRL ) provides data management and data protection solutions for backup and recovery systems worldwide. It offers Snap Server, a line of network attached storage solutions designed for primary and secondary data protection; Read more here. This is an unidentified stock within data storage space. The company is growing and the management seem to be serious in expanding the high margin products and are implementing the strategy. They recently did a private placement so there are no worries of secondary anytime soon. After looking at the momentum, I got in it at $2.40 with an immediate price target of $3.25 and $5 by the end of this year.

CLRO and FACE are hitting new highs every week since we sent the alerts out. Congrats if you bought them based on our alerts! Keep an eye on BODY, which is currently trading at $23 (buying on pull back is recommended)..It looks like the next Lulu Lemon (LULU)

A general Caution and Advise --As I always advise in my posts, Do not chase stocks. please keep in mind that I am not a Stock Market Analyst or an Investment Adviser to count on my recommendations/alerts. As always please do your DD before investing or speculating, start with a small position, always keep your stop losses in place and emotions out. Finally thank me for your profits but do not blame me for your losses because you are the one who pulled the trigger!!

1 comment:

  1. I brought ovrl it is up 10% Thanks


Who is Mr.Incredible?

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New Jersey, United States
Mr.Incredible is a Momentum/Technical Breakout player who trades small/micro cap plays and who saw a 600% Growth since 2006, Yes even in this down market. I am going to post my real trades (including profits/losses) soon...As a general caution and advice Please start with a small position and always keep your stop losses in place just in case....As usual Do your DD before investing. Thank me for your profits and don't blame me for your losses because you are the one who pulled the trigger!!!