Joe, I like to think that I research the stocks that I play, but I have to admit that over the last few weeks I put too much on my plate and have found it impossible to keep up.
The positives on ISSI; lots of cash, a low PE and an extremely low PEG, so I'll play the devil's advocate and point out the negatives: negative cash flow, rising inventory, high R & D costs, high P/S ratio, lowered
earnings revisions for 2001 and 2002, and institutional selling.
ISSI has been touted almost on a monthly basis on CNBC and AmericaInvest.com as well as IndividualInvestor.com perhaps giving the stock added volatilitly.
There's a lot of activity on the April 20 calls, as you pointed out. Most options expire worthless. Looking at the short term, chartwise, I would keep this stock if I owned it and take a quick profit from the relief rally coming up.
I've got a nice profit on OEI and KEG. NG stocks (CHK for you) have been moving very well of late. Perhaps time to take profit and buy back later. I'm still holding on to your find, FRDM. It's still cheap Joe, and the chart looks great.
Sergio |
