Seeking Alpha

Jim Van Meerten's  Instablog

Jim Van Meerten
Send Message
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
  • Reading International And Kongzhong Buy Signals 1 comment
    May 30, 2012 11:42 AM | about stocks: RDI, KONG

    This morning I added Reading International (RDI) and Kongzhong(KONG) to the Barchart Van Meerten Speculative model portfolio:

    Reading International (RDI)

    Barchart technical indicators:

     

    • 100% Barchart technical buy signal
    • Trend spotter buy signal
    • Above its 20, 50 and 100 day moving averages
    • 11 new highs and up 16.85% in the last month
    • Relative Strength Index 72.67%
    • Barchart computes a technical support level at 5.69
    • Recently traded at 5.79 with a 50 day moving average of 5.01


    Kongzhong (KONG)

    Barchart technical indicators:

     

    • 96% Barchart technical buy signal
    • Trend Spotter buy signal
    • Above its 20, 50 and 100 day moving averages
    • 11 new highs and up 19.95% in the last month
    • Relative Strength Index 72.36%
    • Barchart computes a technical support level at 6.80
    • Recently traded at 6.95 with a 50 day moving average of 5.84

    Disclosure: I am long RDI, KONG.

    Stocks: RDI, KONG
Back To Jim Van Meerten's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

This post has 1 comment:

Track new comments on this article
  • Jim -

    As you know, I previously wrote an article on Reading International discussing Reading’s recently announced Q1 2012 results and growth prospects, highlighting continued growth of global cinema exhibition operating results. "Strong Box Office Propels Reading International's Q1 2012 Growth And Prospects" http://seekingalpha.co...

    I more recently attended Reading's 2012 Annual Meeting, which contained much excitement, including disclosure of a $100MM conditional bid for Reading’s two largest New York City parcels, Cinemas 1, 2 & 3 on Third Ave and the Union Square Theater. My "Editor's Pick" Seeking Alpha article, below, discusses highlights from this Meeting.
    " $100MM Bid For Reading's NY City Crown Jewels Dominates 2012 Annual Meeting"
    http://seekingalpha.co...
    1 Jun 2012, 12:41 AM Reply Like
Full index of posts »
Latest Followers

StockTalks

  • $PCP - 32% Barchart technical buy signals - 11 new highs and up 1.72% in the last month - Relative Strength Index 55.57%
    about 13 hours ago
  • $CME - 96% Barchart technical buy signals - 11 new highs and up 16.56% in the last month - Relative Strength Index 74.38%
    about 13 hours ago
  • $DLPH - 100% Barchar technical buy signals - 11 new highs and up 7.36% in the last month - Relative Strength Index 72.18%
    about 13 hours ago
More »

Latest Comments


Posts by Themes
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.