Dear Mephisto,
The selloff that I am expecting is not the end of the bullrun that you
observed. So if you do have a long term horizon, you can continue
to hold on ASND. My outlook is very short term, and on the technical
basis ASND went from 38 3/4 to 43 1/4. The ceiling is at 44. I
disagree with whoever's statement about CSCO's vaporware. Every
one of their acquisitions is well aimed, the company is going to report
earnings on 2/8, and they are expected to beat estimates. They are
they first, and most significant cloud on ASND's horizon.
But short term,
pay attention to the numbers stated above. I traded BNET for the last
2 years, in and out. It is a terrific company, but it had a huge run. The
present price reflects their full value. If you have a profit, I would
rather be in CSCO, or STRM.
In regards to APLX, take a look on my latest message in the APLX message
group. Support is at 29-30, resistance is 36 1/2. Thanks for your
kind words. Good luck.
--Magnifique |
