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Technology Stocks : RF Micro Devices (RFMD)

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To: netwatcher who wrote (4028)11/1/2001 10:02:59 PM
From: chojiro  Read Replies (1) of 4849
 
Are you complaining about the stock price?
Gimme a break, please.

Perhaps the frustration level is hitting both longs and shorts.

The steady support of this stock holding above 19 is most most irritating. IMO it should be trading in the low teens(at best). But someone had been holding it up recently. One thing in my advantage is the lower volume, oh, and time. I have lots of time too.

Right now, IMO, if it breaks through 23, it may well run to 28. Anything over that is a screaming sell.

*disclosure I'm still short just under 24 on this last round of trading. Not sure how I will play it if it continues to rise, but I'm also thinking of selling more if it breaks much above 22 on tomorrow morning's pop.
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