Doug R,
Thank you for prompt response to my dud sequentials the other day<LOL>. I have devised a way to flush most of my finds, promising ones will be aged until such a time they breakout, then I be sure to post them here.
I took a hard look at CLFY just now for the first time. Generally speaking, I stay away from fallen software co's., having done bad trades more than once. CLFY as of 7/11 looks overbought on short term basis; BB, RSI, stochastics, %R, all overbought still with some positive bias. 10,20,30,50 MA's look good, all trending up and price is above them, except 50 where the 7/11 price is now. There is a MS 6 bars ago, MACD and DMI are also bullish.
Trailing PE=30, forewardPE=25,L.T.growth=50!?,P/B=5,P/CASH=25, P/S=4, ROE=23. Since spring under performed SPX by 60%,lately trading with 2 to 3 times the normal vol. Est 97 earning .53, reporting on7/16 expected .8to.10/share. What is your "blender" grade?
I would time the entry very carefully. Is the run up due to fundamental news or running towards earning and then a pull back on the news? If you think it is going to have a big run, might it not be better to wait until after the report? Talk to me this suspense is killing me -:)). regards, ST |
