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.
Strategies & Market Trends : Z Best Place to Talk Stocks
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: John McCarthy who wrote (21970)1/23/2000 8:45:00 PM
From: DanZ  Read Replies (2) of 53068
 
CLZR.

John,

Thanks for sharing your DD on Candela. The chart looks very good, although it is overbought short term. Often, an overbought stock will stay that way for a while, so I wouldn't sell it simply because it's overbought. Just look at GUMM for an example of what a stock can do after the technical indicators get overbought. GUMM has gone up about $5 per share even though it is overbought. The same is true for stocks in downtrends. Sometimes they make their biggest moves down after they are already oversold. The dynamics of CLZR are similar to GUMM in that CLZR also has a large and rising short position and both companies have about the same number of shares outstanding. If the fundamentals support a higher price, then this may be a very good stock to hold. My biggest concern with the chart is the gap between 19 1/2 and 20 1/4. If the stock gets below 23, I think it might fill this gap. I intend to do some more research on this stock and sincerely appreciate your sharing it.

Would you happen to know who their competitors are, or do they have a monopoly for these types of lasers? Also, do you know what percentage of their revenue and income is derived from service rather than sales? Do any third party companies service their lasers? I could look this information up myself, but it would be easier if you have it readily available. If you have to look it up, please don't worry about it as I can do it myself. Thanks.

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

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News