
Hello Friends! Thanks so much for stopping by and visiting my blog, Stock Picks Bob's Advice. As always, please remember that I am an amateur investor, so please consult with your professional investment advisors prior to making any investment decisions based on information on this website.


Since I am only reviewing one stock, let's take a look at their point and figure chart from Stockcharts.com:
The chart actually looks pretty steady, with the stock dropping from a peak of $16.00 in January, 2002, down to $5.00/share in July, 2002, but then climbing steadily right back to its current level at $14.92. The stock has shown a little weakness, testing its support level at $15.00 at the moment.
Thus, for the week, I just had one selection :(. Dendrite (DRTE), that dropped (12.2)%. Of course, in practice, I aggressively use an 8% loss limit (manually executed) to limit my losses on the downside. For the sake of illustration, this review assumes a buy and hold strategy for determining the performance of stock picks.
Thanks so much for stopping by! If you have any questions, comments, or words of encouragement, please feel free to post them right here, or email me at bobsadviceforstocks@lycos.com.
Bob