Use access key #2 to skip to page content.

Varchild2008 (85.21)

(FEED) Predict Sell Off (CRNT) *Huge* Buy, especially at $8.50

Recs

1

April 14, 2008 – Comments (0)

(FEED) I predict will sell off tomorrow.  So.. Time to CASH IN on FEED and buy back in on the dip.
:-)  Those of you waiting for FEED to come down to your price... It may do so this week.

Why do I think so? 

1)  It is technically overbought:  RSI value over 70%
2)  After Hours trading is selling this off
3)  Already in striking distance of its 52 week high and this isn't ready to surpass it.

(CRNT)  I like everything I read about this company.  I have been strengthing my position in CRNT for quite some time and I will definitely buy up more shares if this falls to the $8.50 price point tomorrow. 

I say.....Let this one tumble.  Let it fall.... Let it slip....  The earning's report is coming at the end of this week and so now is the time to jump in while the price is slipping because I'd be stunned if CRNT misses their earnings after (RIMM) did so well.

Anytime you can get into this below $9 is a good time to buy:-)

0 Comments – Post Your Own

Featured Broker Partners


Advertisement