SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Mattson Technology
MTSN 3.6000.0%May 12 5:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Ian@SI who wrote (1935)10/5/1999 10:34:00 PM
From: SJS  Read Replies (1) of 3661
 
Ian,

I think MTSN's performance of late is also poor. Not many stocks that I follow in this industry segment move briskly into "breakout" mode on very strong volume only to be followed a few days later with a struggle to hold (and a failure to hold) the 50 day EMA.

It's struggling now to hold 12. Why isn't this easy? Why hasn't it returned to the 14-15 dollar range, analagous to the recuperation of it's "peer" stocks? I don't know either. Maybe you have some insights into this.

However, I am down about 10% now, which is not a very big deal, but it is bordering on my discipline point for selling. I may give it just a little more time into earnings season to see if the semi wave can lift this boat, too. Barring that, I will sell my stake and watch MTSN from the sidelines.

Steve
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext