Lightbridge (LTBG)

Company

"Lightbridge is a leading transaction processing company that businesses trust to manage customer transactions for greater profitability. Lightbridge adds value to fraud prevention, credit qualification, payment processing. Businesses use Lightbridge to make smarter decisions, deliver better services, ensure secure transactions, reduce costs and increase revenues and profits." (company website)

LTBG stock chart

Buy

15-Nov-05. Lightbridge's stock price has increased steadily over the past six months (see sidebar).

  • Price momentum (PPO) — picking up
  • Trend (ADX) — strengthening again, and buying pressure (+DI) has crossed decisively above selling pressure (-DI)
  • Money flow (CMF) — ambiguous
  • Relative strength (RSI) — tending up
  • Volume — big volume on yesterday's 'deliberation' day

Sell

loss Bottom line
14% this lot, 8% both lots

5-Dec-05. Today LTBG opened for the third day in a row at $10.00 but could not get above that price. That made me nervous, and I decided to sell both lots. LTBG has been marching up the upper Bollinger band for about three weeks; I suspect a pull-back is long overdue. The chart, however, is quite strong, and if LTBG does pull back it will be a good buying opportunity.

LTBG 1-year chart
LTBG 1-year chart