A good legal team is very important when you are trying to get advice from the attorney. You want someone to give you legal advice that doesn’t have the ability to make money from your case. If they are going to make money then they might just tell you whatever you want to hear.
“On Sunday night in my stock newsletter, I highlighted ESCL as a short selling candidate due to the rising channel the stock was trading in. This channel was easily seen on the chart. The lower trend line obviously connected the recent lows, but the upper trend line was different. Not only did it connect the recent highs, but it was an extension of the trend line which connected a series of lows back in late January.”
“The scans I run are basic, filtering out the low volume stocks and cheap stocks which don�t move enough for short-term trading. I generally will cut out all stocks below $10.00, and will rarely look at a stock with less than 250,000 shares/day average. This leaves me with a large list of stocks which have adequate volume for getting in and out of trades with minimal slippage, as well as stocks which have a larger range of movement.”