Simple Technology - STEC Message Board

STOCKTALK

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.

Technology Stocks : Simple Technology - STEC

STEC 1.590

+65.6%

Dec 23 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Rudy who started this subject	3/20/2002 7:56:15 PM
From: Rudy	of 36

Markets are sold today. Nasdaq is down 2.6% on not huge volume. STEC is only down a mere 1.5% on volume lower than average. My strongest holdings shed an average between 2.5%-5%. What else can I ask from this stock. It is on track, moves as predicted. Chart shows consolidation for the next move up. My 1/5th addition at 7.4 still looks good. From the TA perspective, I challange anyone to give me good reasons to sell or short STEC. Fundamentals??? I really do not care. Enron showed us how deceiving fundamentals can be. Charts cannot tell a lie. Balance sheets can. I sense ulterior motives are leading some posters to talk fear into people to force them to sell. If selling is the smart thing to do, I invite them to sell short as much as they can. There seems to be a great deal of money on sidelines waiting to absorb these efforts. Chart tells me that. As long as chart tells me otherwise, I am holding my shares. 7.5 support (trendline edge) held very well. Strong support at 7. This could be a good opportunity for new comers to invest or for additions. Next stop seems to be testing the previous high once again. Open to critics and a mature exchange of ideas at all times. Good luck all, Rudy.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next