| cashmarket |
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Member, TeleChart
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| Registered User |
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| Unsure |
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| Monday, November 28, 2005 |
| Monday, January 30, 2006 12:03:57 AM |
102
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Sell RES and FCEL due to oil price pull back. Although RES shouldn't correlate with oil price, almost $10 per share profit satisfy my return. Maybe get back in oil when the trend is more clear. Long term oil is still a big concern, be ready to get in any time.
EMC momo still, very strong buy side even with market in red. EMC should go all the way up like RHAT. Strong and optimistic guidance for 2006 should push it to close $15.
TUES showing strong resistance today with low volume. 20MA should give it some push. We saw $22 today, my target is $27 or higher. Yesterday TUES had 1M volume that is three times higher than average. TUES easy money here for short term.
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TUES has strong support on its 20MA.Yesterday closed at exactly 20MA line which I think is the rebounce point. $22 is still cheap compared to its P/E 13. Also TUES has very low debt and strong cash position. With the short term rebounce momentum, now is still not late to load some shares.
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IM rebounce from its 200MA like i mentioned this morning. IM should traded above $20.
TUES accumulate some momentum here, based on morningstar's evaluation, TUES has fair value $27. With TA and FA are both good, I am bullish on TUES.
Waiting for CHB back to $14. CHB has touched $15.23 last week with large volume. Institution accumulate shares when CHB is down to lower $13. CHB is a solid compnay with demnad of factory-built home demand is surging due to hurricane.
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wow, my thread got a lot of attention here. if you like to short, short the EMC, RES, BTJ, SCS, BMC, and more to see if you can make money or not. IF all my picks are sure profit, i won't be here.
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IM touches its 200MA line, possible rebounce from here. IM is one of my picks in IT industry together with MPS and ACN. IM has 11 forward PE and <1 PEG ratio with low debt. Pretty stable company. $18.18 won't be a bad entry point. I bought it back at $18.9, a little bit red here, but I have confidence on good company.
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Seagate's strong stock momentum and revenue shed light on the data storage business. EMC is the number one in high end data storage industry, I believe EMC's stock trend will like RHAT or STX since by just thinking the demand side of the data storage I can figure out how good the business is. $13 is too cheap for EMC now, I found RHAT when it was $13, and now is almost $30.I picked RHAT based on its market share in Linux and the demand side on Linux system. I use the same logic pick EMC due to its expanding business in data storage. When a day EMC is $30, check back this thread.
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Time to load back IM with good news this morning. Solid company with strong balance sheet.
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Morningstar raised EMC's fair value to $19 from $16
Analyst Note 01-23-2006
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EMC tops view as profit jumps 27%
EMC Corp. on Wednesday posted a fourth-quarter profit before items that grew 27% over a year ago as the storage-technology giant saw healthy increases in sales of both its storage system products and software applications.
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TUES has strong balance sheet with P/E between 14 and forward P/E 13. PEG ratio less than one. Small debt with high institutional holding. The more important number is the thin outstanding share with cheap price. Average 10 days volume is double than last average 3 months volume showing a strong buy side action. With this higher volume, the stock price was on the up trend. This is why I pick TUES. TUES is a solid company with its bottom support @ $20 level. Analysts raised TUES target to a mean $27 target.
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