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Until Empire Avenue converts our new site to a Blog feed listing, we are going to keep posting here too.

If you have been reading these blog entries, you know that we like interesting headlines here at the Empire Building network.  Today’s, however, might have you really scratching your head if you cannot remember this (somewhat) famous stock-related movie line.  The line was used by Charlie Sheen’s character in the movie Wall Street.  Blue Horseshoe was a code used to give others like those in the media a tip that someone was going to be making a move on a particular stock.  When Blue Horseshoe loved something, it was going up.

Next, the hot tips of Empire Avenue…

You may have noticed that there are stocks on Empire Avenue that respond as if someone just shared a hot tip with the world.  Indeed like in the movie, there may be people working together behind the scenes to buy it.  It does not really matter. If a stock starts to look hot, we all pile on.  The bigger the initial play, the bigger we seem to pile on.  So, watch for the movers in the recent arrivals list and check out Nelson Munoz’s great blog, Recent Empire, for tips on new members of Empire Avenue.

If you really want to score a fast win, keep refreshing your Portfolio Headlines page and watch for an investor buying a least a hundred shares of someone.  If you are good and fast, you can also buy the stock before it goes up from the big purchase.  I have done this a couple of times now and have watched a stock price as a big buy was made to see the timing of the rise.  Adriel Hampton has a video discussing follow-on buys at his site, Game Mechanics.

Of course, things ended badly for Charlie Sheen’s character in Wall Street, but he was breaking the law.  There is nothing preventing you from benefiting from a fast moving stock.  Just remember, fast rising stocks can also lead to fast falling stocks.  Do not forget about the importance of also picking stocks with long-term value.