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Varchild2008 (85.21)

See I Told you So!!! (FLIR) Flir Systems skyrockets in extended hours

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June 04, 2009 – Comments (3) | RELATED TICKERS: FLIR

See?  I Told you so!!   Smartrend places their "Sell Rating" on (FLIR) a short time ago and then we got this announcement that General Dynamics is buying AXSYS Tech.

And what happens with FLIR???   Share price skyrockets after hours..... Why?  It's not getting bought?????  They aren't selling themselves to anyone!

It's called speculation... And you partner speculation with the fact that FLIR has been oversold for quite a few weeks now and underperforming the S&P 500 for no reason other than SMARTREND telling the masses to sell their shares...

Ya know what I did today?  I increased my stake in FLIR by more than 1/4th my total stake.

I now own 120 Shares of FLIR.  And I own them knowing I will make BIG MONEY in the future with earnings reports.... And now there's speculation surrounding FLIR which in the short term will just net me even more money on top of the fact that the company is a great long term investment.

It's simple....  BUY AND HOMEWORK  ........works....  "Pattern Recognition Software Schemes" don't!

3 Comments – Post Your Own

#1) On June 04, 2009 at 6:57 PM, motleyanimal (87.23) wrote:

Karen Finerman gave it a big thumbs up today after hours.

http://www.cnbc.com/id/31108882?__source=RSS*blog*&par=RSS

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#2) On June 05, 2009 at 9:31 AM, jahrules (92.13) wrote:

About time... FLIR is a great company. There was no reason for SMARTREND to downgrade it. Maybe someone at the company decided they wanted to short it? I dont know... Ive held 130 shares @ 21.43 since mid-April. Great long term investment... my calculations say they are worth about $30 a share

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#3) On June 05, 2009 at 10:48 AM, Varchild2008 (85.21) wrote:

I agree deadon with your target estimate.

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