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Registered User Joined: 8/30/2005 Posts: 29
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HNC, what do you think about mspd?
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Registered User Joined: 12/8/2004 Posts: 1,301
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Actually from an elliott wave point of view the stock looks good.
Minimum upside potential is 4.14-4.39 with a typical range of 4.72-5.01.
I think I just may buy some of this today.
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Registered User Joined: 8/30/2005 Posts: 29
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Thank you sir. Please let me know what you decide to do.
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Gold Customer
Joined: 12/30/2004 Posts: 42
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Do you show a 5-3-5 with final 5 starting on 3/20 with likely price target of 5.27? This is how RET sees it.
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Registered User Joined: 12/8/2004 Posts: 1,301
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Yes, but I don't show that high of a price target. Chabot I bought 500 shares at 3.75. If it makes it up to 3.95 I will buy 1500 more.
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Registered User Joined: 12/8/2004 Posts: 1,301
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They reported earnings tonight. I listened to the conference call and sold my shares at 3.60. They missed their quarter by a penny a share and they were a little shy on their revenue. They said they will be profitable next quarter.
I don't know what will happen tomorrow, but they didn't sound too confident to me.
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