You must be NUTS, if you don't buy some Psychiatric Solutions!
Hey folks!
You know, there are a lot of crazy people out in the world! As the world continues to be a dangerous threatening place, the amount of mental stress increases. Also the aging population (the baby boomers will need increased mental health care. That is why I am recommending Psychiatric Solutions as a buy at the high $51 to $52 level! I know Cramer recommended it to his cronies not too long ago. Still, Cramer's recommendation just raised the price too much and didn't provide a good entry point. So the stock shot up to $55 + without us. Oh well! Gravity has a funny way of working a few days after Cramer pumps, so the stock came down to a nice supporting price as of Fridays market close! So now is a good time to buy! And why should you buy? You mean besides, terrorist threats, natural disasters, increased pressures and stresses from work, mental degeneration with age? Isn't that enough reasons to own PSYS? I think so too!
Psychiatric Solutions (PSYS) 3 month chart
The chart for PSYS looks healthy! Note the heavy institutional buying in the middle of Septembe at the $50 range! This recent pull back provided another nice buying opportunity, so don't mess it up!
Approach: Buy it soon before it heads back up to $53! Buy whatever you can. If you can afford 25 shares, buy 25. This stock is going to greatly appreciate in value in the future.
Time Frame: I have to stress it that like ACR, this is a long term investment pick. If you don't mind having some money tied up for a 1yr or more, this is for you! If you can't bear the thought of having your money in a stock for more than 3 months, then forget it! I have other great short term picks for you to play as well.
Target: My first target for PSYS is $55. I want it to hold onto the $55 range! After that, $60 is my 2nd Target!
2 Comments:
Wasssupp Dave!
Lol, i think i need to stay at one of there hospitals too! Oh and give me a couple prescriptions of prozac to go as well! Believe, I felt that way too this past week! The market has been killing me as well! Still I hope Friday was a little better for you as it was for me. Greenspan is killing the market, thats why we need stocks like PSYS, and especially GOLD and Copper stocks! Thanks for liking the rec! Your opinionsand comments are always appreciated Dave! Check back later, as I have some free time today, so I will mention a few other picks as well!
Take Care!
Lol Dave, I think you are! Lol jk! I know, most of the posters are just advertising their crap, as my blog is relatively unknown. Its ok though. I'm sure more people will discover it. Besides this isn't a mass pumping site, so Im not trying to gather together a bunch of cronies to pump up stocks. lol. But I guess a little advertising on the Yahoo message board wouldnt hurt! Thanks though for your continued support of the blog, Dave! Lol, don't worry i have some free time to post some stocks now. I will be too busy during the upcoming weekdays so now is my chance! Anyways, enjoy your weekend Dave!
Take care!
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