BKS
Barnes and Noble Resurgence, Fact of Fiction?The answer is fiction, as long as Amazon is still around there's no room for Barnes and Noble. BUT, it just bounced off it's all time low ($4.25) after reporting it's earnings and it looks like we have a healthy rally to the resistance level from the previous cycle ($7.80 - $7.85). Given that it's currently trading at $6.30 and place a stop loss at $5.70 that calculates the risk/reward at about 2.5 which is a good bet under any circumstance.
With the gaps between the ascending moving averages increasing, the stock recently bouncing off it's all time low, and the RSI creating higher lows Barnes and Noble is a good play for the medium term. A stock that will quietly earn you money in the background while you concentrate on your day trades.
BKS Entry, Support & Demand, strategic R:RA logical area to start building a position in the stock, if strong upthrust occur, increase size and move your stop accordingly to build a significant position while managing your risk.
BKS short opportunityBKS trading at 200 MA, unable to stay above. Looking for a $ 0.50 to $ 1.00 move on the down side.
DSKX Begins To Rally After The Conference CallShares of DSKX continues to rally from last week after they held a conference call to discuss the recently announced agreement to acquire Radiancy, Inc., a leading developer of consumer medical devices and the Neova® dermatological products.
It appears investors are beginning to notice the financial value this new deal brings and the future outlook of the company, so if you haven't already, I highly encourage you to listen to today's conference call as soon as possible. Much larger company structure overall, significant increase in revenue, assets, cash flow and working capital with a very reputable management team to move the company forward. The fact that the current market cap is only 33M is what really gets me excited. Listen to the call to learn more:
The replay of the conference call can be heard by dialing 1-888-286-8010 in the United States and Canada or +1-617-801-6888 internationally, then referencing the Conference Passcode "56187013" A recording of the call can also be heard on the company website.
In the call, the DS Healthcare Group management team shared their motivations and answered questions relating to the business fundamentals on the Radiancy & Neova® deal, explaining how natural strategy alignment and synergies will lead to significant bottom line contribution.
The call was hosted by Mark Brockelman (CFO), Manny Gonzeles (CCO) and Renee Barch-Niles (CEO) and took place on Thursday, February 25th, 2016, at 8:30 a.m. EST.
-Renee Barch-Niles (CEO), an experienced CPG Executive who drove double-digit year-over-year growth in global food, drug, mass, club and specialty channels for Global companies such as Daymon Worldwide and Emilia Personal Care.
-Mark Brockelman (CFO) who has great experience in mergers and acquisitions, systems integration expertise and highly astute financial acumen. Mr. Brockelman Brockelman served as the Chief Financial Officer for National Dentex Corporation as well as the Senior Vice President/Chief Financial and Administrative Officer of the Miami Dolphins.
-Manny Gonzalez (CCO), a former top (NASDAQ: PG) Procter & Gamble executive managing a team of 7,000 sales representatives in the U.S., who has direct access to every major retailer in the country.
Acquisition Press Release Below:
finance.yahoo.com
For full disclose please visit: www.stockpicksnyc.com
BKS - The best place to hang out and get educated via books.Playing the population growth theme with books & education, and will Amazon or Google ever buy out Barnes & Noble? Hanging out here while collecting the dividend.
BKS Earnings Gap Plan (Brad Reed Mar9,2015)If BKS opens above 26.22 , Retest Gap. If it opens below 24.11 consider a gap n go. To learn to trade this strategy for free,go to www.RealLifeTrading.com
BKS - Paperback into Greenbacks?The volume has been nothing to write about, so why do it? The EMA’s are edging higher and would agree with a move higher. The SMA’s are steadily inching higher as well. Stochastics can be interpreted either way, but more than likely a sell signal at resistance, RSI is very overbought and MACD is playing right along with the recent buy signal. BB are following the move higher in a bit of a squeeze. ADX is really high at 55. This looks like a no go even if it confirms at the trigger $25.02. Wait for it to slow down a bit and for everything to reset.