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Strategies & Market Trends : YEEHAW CANDIDATES

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To: Sergio H who wrote (3955)12/13/2003 12:26:02 PM
From: Ken W  Read Replies (2) of 23958
 
Sergio

"What about Arnie's stock"

Assuming that you are speaking about ARTX

stockcharts.com[m,a]waolyyay[pb50!b200][vc60][iUb14!Lp14,3,3]&pref=G

There looks to be some trading ops on the daily chart as the stock makes a steady progression lower. It needed to hold over 2.00 this past week.

Major support areas to be tested on the downside are at 1.50 and 1.00 while the stock becomes oversold enough to merit further buying for the long term holders. Both of those spot should also provide the safer trading ops for swing trading.

What's your opinion on CYAN's debt for equity swap? I see it as a positive as it cleans up the balance sheet, eliminates the short incentive and saves interest expense to next Q's report.

Ken
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