If you’re into social media, try Constant Contact (CTCT), and unfriend Facebook (FB) (September 10, 2012)
FB CTCT FBI’m Dan Fitzpatrick at StockMarketMentor.com and it’s Monday, September 10th. First before I forget, we are going to be opening up Option Market Mentor here pretty soon and so I want to invite you to go ahead and get on that email list; just go to OptionMarketMentor.com and you’ll get on there. We’ve already got a bunch of great Options tutorial videos ready to launch and we’re going to be doing a lot more, so we’re really excited about what’s going to be happening over there and I hope you’ll join us. So anyway get let’s get on to what I’m talking about here. Facebook ( $ FB Facebook Inc ) didn’t participate today one way or another, it was basically just kind of flat. But what I wanted to do, if you’re all amped up on social media, lot of people when they think social media think Facebook ( $ FB Facebook Inc ). What I’m suggesting is that when you think of Facebook ( $ FB Facebook Inc ) think of Facebook ( $ FB Facebook Inc ); it’s social media right, but it ain’t working here. Here is a stock that is working, Constant Contact ( $CTCT Constant Contact Inc ), they have, well you can look them up, lead generators and it’s literally contact with your email list. Look at the way this stock has zig zaged for quite a while, it’s been very, very predictable, this is one that we’ve been on in Stock Market Mentor for a while, and so now we’re finally starting to see this pattern. I don’t think it’s too late to be getting in on this pattern, I think that there’s certainly more upside here; but like so many other stocks in the market we did get a little break today, this actually closed up, if you want to call nine cents up, but it’s up along the upper Bolanger Band; I’m saying that any pull back into the middle part of the Bollinger Bands is a pullback that you’d want to buy; as long as you’re not looking at this as a trade, it’s not a short term trade, it’s a trade for me because I bought it somewhere down here, I forget exactly where, didn’t buy it at the bottom, wish I had, I bought somewhere in here and when it starts getting up in the high twenties that’s when I’ll look to sell it; and then I’ll just want to go do it again. I hope this works out for you; my deal again is avoid Facebook ( $ FB Facebook Inc ) untill it shows us that it’s friending us again by going above $20.00 and staying there; until then just stay in Constant Contact ( $CTCT Constant Contact Inc ) it’s better. Okay members, get over to the Strategy Session; a lot of stuff to go over there. Free Chart