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Jim Van Meerten
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Jim Van Meerten is an advisor to Marketocracy Capital Management and writes on financial subjects here and on Barchart Portfolio Blogs. He earned a BS in Accounting and Business Administration from Berry College; a Juris Doctorate from the Woodrow Wilson School of Law; and attended... More
My company:
Marketocracy Capital Management
My blog:
Barchart Portfolio Blogs
  • Opnext tanked 1 comment
    Apr 5, 2011 9:46 AM | about stocks: OPXT
     Opnext (NASDAQ:OPXTtanked before I knew what hit me.  I deleted it from the Barchart Van Meerten Speculative portfolio at the open.

    Everyone of my normal sell signals has been triggered:
     
    • 80% Barchart short term technical sell signal
    • Trend Spotter sell signal
    • Trading below its 20 and 50 day moving averages
    • Lost 48.31% from its recent high
    • Relative Strength  Index is 39.58% and falling
    Jim Van Meerten is an analyst for  Marketocracy Capital Management.  He shares his knowledge and experience from over 40 years of investing in stocks, mutual funds and ETFs onBarchart.com  in his daily blog -- Barchart Portfolio Blogs.
    Themes: investment strategy Stocks: OPXT
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  • angry123
    , contributor
    Comment (1) | Send Message
     
    Opnext share price has dropped from a high of 18 to .97

     

    It is a disgrace that the CEO and CFO have not been replaced!
    1 Nov 2011, 07:02 PM Reply Like
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