YEEHAW CANDIDATES 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 : YEEHAW CANDIDATES

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: PuddleGlum who wrote (4173)	1/8/2004 12:03:53 AM
From: PuddleGlum	Read Replies (1) of 23958

RTI filled its gap from a few days ago, so I'm looking for some consolidation before a modest move higher. However, I don't expect any rocket action from this stock. It pierced the Jan '01 high, but it's got longer term resistance in the 20-24 area. I'm thinking to let this one exit the portfolio at 23. If we have some room in the short term list I'd like to add SMMX. This company spiked last July on news of a huge contract with XOM, then lost all of the gains by December. It spiked again a few days ago on news of a big sale to PFE. There are better fundamentals out there, but this company's business is in finding ways to quickly come up with new compounds that have characteristics that some customer such as XOM or PFE or MMM might find desirable. I'm looking at SMMX as a short term opp, looking at a flag formation (I know, it hasn't had much time to develop) with a target of $30.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next