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

28-Nov-05. With my earlier lot of LTBG up more than 8%, I decided to buy another lot..

  • Price momentum (PPO) — still gathering momentum
  • Trend (ADX) — continues to strengthen
  • Money flow (CMF) — strongly positive
  • Relative strength (RSI) — very strong
  • Volume — big volume on recent up-days

Sell

loss Bottom line
2.5% 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