| amitrsethi |
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Member, TeleChart
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| Registered User |
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| Unsure |
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| Sunday, July 16, 2006 |
| Friday, January 19, 2007 10:43:57 PM |
14
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Thanks Golfman for your comments.
My questions were not just bottom fishing but getting different perspective for reading the charts. This particular stock could go higher or lower but my point was to get a take from experts.
I am not down 50 % on this trade, and hopefully would not be in that situation.
This stock has 5 months of trading activity, thats what makes it very difficult to trade. I admit it was not the best stock selection, but am hoping for a good exit point and wanted opinions from worden users, particularly Kokoda - I have found his posts very intelligent, independent and often times right
Best regards,
Amit
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Golfman-unsolicited and non technical comment! have fun
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Thanks Kokoda for your comments and time...
Best regards,
Amit
P.S> for ZVUE, hold for now. sell if goes below 3.50 range ?
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Thanks for your comments Kokoda and HNC, really appreciate the discussion and the comments (I had replied to this post last nite, dont know why it did not appear)
I started buying ZVUE when it was high 6 range, then made another mistake lot of small investors make - average down. Averaged the price down to about 4.80 range, but have about 80% of my capital invested in ZVUE. Do other trades with the pending 20%. When I see days like yesterday (5% down and breach of only support), get a bit panicky seeing the capital erode.
On the negative side, the volume has been consistenly slowing up. The stock cannot seem to hold on to any gains made due to PR. Dont see the stock on a lot of radar screens.
On the positive side, the management is agressive and is acquiring dot coms, the revenues could exceed expectations and cc should have some price action going around it.
Once again, Kokoda and HNC, thanks for your comments. If any price/action/event triggers a buy or a sell for ZVUE in your systems, please let me know and I would really appreciate your comments.
Kokoda, thanks for the COMS heads up.
Best regards,
Amit
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Thanks for your comments!
It touched (and briefly breached) its near term lows of 3.55, do you see any support around ?
Thanks again!
Amit
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Hi Kokoda,
based on the recent action(or the lack of it:) in ZVUE, what would you suggest... get out of the stock ? or hold on if one could ?
Do you see any support levels for this stock ?
Thanks in advance,
Any comments welcome.
Best regards
Amit
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Volume has been extremely light (hopefully coz of the season). Agree with you, waiting for some intraday spike to lighten my positions..
Thanks again guys!
Amit
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Thanks everyone for comments!
I have been long already (and kinda confused seeing a lot of capital erode :) ... in case you see any activity which would trigger a buy or a sell in your systems, please give a heads up :)
Have a Merry Christmas and enjoy your holidays.. !
Regards,
Amit
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Hi Kokoda,
Thanks for your earlier comments on ZVUE, were appreciated.
What is your take on the stock now ? Had an upward swing of abt 15 % wednesday but gave most of it back during the trading session. (ended up abt 6 % high) Today is down abt 3 % (and further AH) but on very light volumes.
Would you suggest it is a good policy to hold and watch for now. and if it goes below 50dma (3.90ish), sell. if sustains above 4.20 hold ? Do you see it developing some sort of minor base or consolidation which might make it touch 5 or do you see some sideways movement ?
one of the problems I have noticed is that this stock cannot sustain news related jumps.. there have been 20-30 % type jumps in pre market and am at times, but by the time the day is over, most of it have been given back (and more at times). Is that a bearish sign or something you would ignore if you were long in the stock?
Once again, appreciate your comments and help !
Anyone else wanting to leave a comment abt the stock is welcome and all comments are appreciated.
Merry Christmas and Happy Holidays !
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Thanks Kokoda for your comments !
Hope it closes above 4 today..
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