CDRD (CD Radio) 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.

Technology Stocks : CDRD (CD Radio)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jim Miller who wrote (262)	10/25/1997 1:30:00 AM
From: Dale Baker	Read Replies (1) of 904

I have a suggestion for CDRD: why don't they buy industrial-grade incinerators and just shovel the money into the flames instead? End result would be more or less the same. I would welcome any TA opinions on whether CDRD has now formed a double top. The late dumping Friday seems to have broken the Merrill Lynch brigades. Next resistance points are 21 and 17 on the way down. How many ML clients will want to hold this puppy if it falls back in the teens with no revenue, no earnings and a very hypothetical business model? I am looking at averaging up my short if the fall continues on Monday. I don't see any momentum that could drive CDRD up again except hype. Though I have been wrong before. Good luck to all.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next