I just received an email from Uncommon Wisdom to watch a teaser video for their Blue Chip Option Alert service. In the video, stock analyst Tony Sagami talks about the ABR Incicator (that is what he calls it…I don’t know if that is it’s real name or not.). He says it is found on the stock sheets of big, safe, trouble free companies. He says it tells ”what % of a company’s revenue is coming from this source and he calls it the ABR indicator. He indicated that the higher it is indicates that a stock is about to make a short term move. He then goes into using options to increase your returns.
Now I was wondering if anyone knows what this indicator is and how effective it really is in signaling moves. I didn’t really want to pay $1,600 a year just to see if it really was a useful tool or not. Any ideas out there.
Thanks ahead of time for any help at all.