Dave Gore's Trades That Make Sense 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.

Strategies & Market Trends : Dave Gore's Trades That Make Sense

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Bruce A. Brotnov who wrote (15832)	2/19/2003 12:05:39 PM
From: Bob V	Read Replies (1) of 16631

Bruce. I’m not so sure that holding is the thing to do right now. INVN has broken support level at around $23.00. You have to take what the market gives you. As far as the fundamentals, the market values future earnings not today’s earnings. I don’t follow the industry but possibly the thinking is that the market for bomb sniffing devices is now saturated as most airports etc have the equipment in place or on order. Also there may be competition or new technology coming on the market that we are unaware of at the moment. However for every seller there is a buyer who thinks the market will go up. Right now the sellers seem to be winning and as a trader it shouldn’t matter what side your on as long as you’re winning.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next