Jay,
Frankly, the most recent announcement probably does not signal a radical change in CLZR's potential - instead it indicates that the Company continues to be on course re the implementation of two of its growth strategies, which are (a) continuing to expand internationally, and (b) expanding their presence in the laser clinic business. It is what I call "a point on the curve".
Regarding a good entry point, I'm currently having some trouble "reading" CLZR's technical signals - based on last night's information,it looks as though it is building a base around $6.00; momentum-based indicators are signalling a short-term "buy", although the volume-based indicators are NOT confirming this. On the other hand, if I remember correctly, it has dropped a bit this morning. I'd like to see it stabilize a bit more, but I could be wrong.
I still feel that CLZR is one of the stronger members of this segment; I was amused to see another newsletter boldly recommending another member of this segment whose sales are flat and whose profits are non-existent, but whose market price was, at that time, in excess of $8.00 per share. I've forgotten the name of the stock, but I think that it started with an "L"; I saw it in the Dick Davis Digest [no...not a relative of mine] With CLZR one gets a 25% discount, and growth and profits kicked in as an added incentive.....
And a "thank you" to Kathy Card for posting the press release.
Bob Davis |
