Thursday, August 17, 2006

Small Stock On the Breakout

A small stock Simpletech Inc. (STEC) broke out of the trading range and made a 52-week high with massive volume today. It is about $6.40 right now. It should be considered to buy at this point. It is a flash memory maker OEM to HP (HPQ). Since HP had a wonderful quarter, so I believe this stock will have the HP wind along its side.
It has very strong fundamental as well as strong up momentum. This is the stock should be looked and bought.

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