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Technology Stocks : Covad Communications - COVD

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To: rrufff who wrote (10103)4/4/2006 2:38:37 PM
From: fishing4thebigone  Read Replies (1) of 10485
 
Hold tight. Weaker volume I would not worry about it. I imagine we will need to re-cycle thru some of the old investors at each level. I think when some guys see green they are leaving the party as soon as there is a little pull back, they have had enough. Don't blame them either, the thought crossed my mind, but then greed set it.

The next run will break thru 3 IMO hopefully within a few days prior to the CC on spec. At the Q1 CC I think the focus will be on the foreward looking statements. If they happen to hit Ebitda+ in Q1 (which I doubt but if they do...)with positive Q2 statements, I bet we could run to 4 or 5. If they don't (which is my assumption) I still think we will crack 3.

Strong buy below 2...I bought more yesterday and again today. I am very close to rj's level.
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