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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 and Seeking Alpha. He earned a BS in Accounting and Business Administration from Berry College; a Juris Doctorate from the Woodrow Wilson School of Law; and... More
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Marketocracy Capital Management
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  • Lake Entertainment hits new highs 4 comments
    Aug 24, 2011 11:54 AM | about stocks: GDEN
    This morning I added Lakes Entertainment (LACO) to the Barchart Van Meerten Speculative portfolio for adding 11 new highs in the last month

    Barchart technical indicators:
    • 100% Barchart short term technical buy signal
    • Trend Spotter buy signal
    • Above its 20, 50 and 100 day moving averages
    • 12 new highs and up 18.35% in the last month
    • Relative Strength Index is 70.72% and rising
    • Barchart computes a technical support level at 2.09
    • Recently traded at 2.58 which is above its 50 day moving average of 2.22
    Jim Van Meerten is a Marketocracy Master
    Themes: long ideas Stocks: GDEN
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Comments (4)
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  • DAG Investments
    , contributor
    Comments (4299) | Send Message
    Thanks for this info, Jim. I first came across LACO in Amit Chokshi's quarterly letter and both his and your evaluations have helped me a great deal so I plan to buy LACO Monday morning. Has your opinion changed at all since you wrote this post?
    3 Mar 2012, 01:54 AM Reply Like
  • Jim Van Meerten
    , contributor
    Comments (660) | Send Message
    Author’s reply » My opinion has changed:
    3 Mar 2012, 10:44 AM Reply Like
  • DAG Investments
    , contributor
    Comments (4299) | Send Message
    Thank you. After asking the question, I read the two articles below and dug deeper into the financials, which together changed my opinion as well.


    3 Mar 2012, 10:49 AM Reply Like
  • Jim Van Meerten
    , contributor
    Comments (660) | Send Message
    Author’s reply » DAG - good call - always check to see in info is stale. I always run a new chart on Barchart before I push the buy or sell button
    3 Mar 2012, 11:26 AM Reply Like
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