The name is for real: my first name and what used to be my middle name. Some years ago, upon changing marital status, I made my middle name my last name. C'est vrai.
I am very curious as to what kind of a day we'll have tomorrow. Fri and Mon were two banner days for DOW and NASDAQ. Today, NASDAQ corrected, and profits were taken. I was amazed at how so MANY tech stocks went UP yesterday, and how MANY (those same stocks) went down today, e.g., CLFY, INTC, NOVL, UNPH, ADBE, NSCP, etc. like the whole thing was choreographed. Some, like SOFT, and MACR went UP today in spite of the trend. Those are signals that sometimes bear further investigation.
I am tracking quite a few stocks by utilizing Yahoo's online portfolios and my established "target points" which I specify as having bought 1 share for each stock at a price which is the target point. I find this pays off because you begin to know how they "act", keeping your target point as a "low" reference.
After having followed SSII for awhile, you know how it "acts". Such that, if it fell to 7/8 tomorrow - you'd be thinking that just maybe another one of those mysterious nose-dives down to 1/2 (or less) is imminent. I really look forward to seeing how the earnings report affects this stock. Will it wake it up? Will the market makers act like nothing happened? I suspect the report should be fairly positive.
Tune in tomorrow!
In some ways, I don't like to say "look at ECSC" or any other stock for that matter - because I don't have any ABSOLUTE information which guarantees a particular outcome. Who does? But, see what you think, after having looked at the 6-month chart, and a few of their SEC filings, the fact that an earnings report is due out SOON, and the fact that this stock is normally very constant. The move up to 1 3/4 today is outside of the "normal" behavior. And for 2 consecutive days in a row prior to today, there were small increases. The increase magnitude of today (3/16) is also noteworthy. It just looks SO much like it's about to re-create the 2/12/97 scenario, concurrent with the impending 2Q earnings report. This coupled with the fact that in a management discussion (an April SEC filing) one of the risks mentioned for this company was the seasonality - and there it was stated that 1Q and 2Q are the company's best quarters. It also stated that one of their management's goals was to run the company in the best interest of the shareholder's (not like Novell). And blah, blah, blah. I don't want to bore you, hope I have not. Just wanted to share this, for whatever it's worth.
- Jolie |
