steve: I cannot help but respond:
<Nice rally for Westell today>
Huh? It was dying for the morning, spiked for half an hour, then "rode the bus" all day if you catch my drift until 3:55 pm. Second worst "rally" I've seen since Monday.
<Supercom 99 must be looking good for Westell>
Yup, after that captive audience heard Zionts speak on Monday at 1:00 pm, stock did didly.
<when market gets hit hard, Westell seems to go up a little>
Kinda makes you want Eddie boy to raise rates a full click or two
<day traders like small cap stocks>
Not sure if this stock has attracted the day traders - no real story with DSL fading under restructuring.
<you need to look at the big picture>
I see an oil painting of a whirlpool that looks like a kiddie pool, sucking the innocent away...no wait, an AMATI wannnabe only no IP (and I don't mean as in VOIP DR. !!!)
<Westell is up over 100% from last October>
Let's not even go there. Thought I thought dead cats (er dogs) bounced higher than that.
<got caught at the top or on the way down>
That top is the barrier to new highs.
I finally came to the realization, that would I have ever wanted to invest this much $$ in a teleconferencing company ? 'cause that is what I inevitably did.
Am I short ? No, desperately long, but had enough ?? A weak hand being shaken out ? Maybe, but they are taking out the strongest weak hands imaginable and god bless them for it if they pull that off. Just want out. All out of bus tokens.
And since the board has quieted down ('cept for Curly and his $15 predictions once in a while - funny - same language re: MU at $90 and others...) if you want my advise, use Supercomm as an exit.
Just wish I had a day or two earlier.
(edit) There. I feel much better. Last time I read a rant like that it was Trey's and it was a bullish sign. gggg.
Regards and good luck - er may the force be with you.
Dave |