Charts on Near Term Uotrends 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 : Charts on Near Term Uotrends

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Celtictrader who wrote (1218)	9/9/2009 10:33:01 AM
From: Jibacoa	1 Recommendation Read Replies (1) of 1404

PARD had a good up-move that started on Apr27 from the $2 level to the Aug 28 H at $9.14 (That H was above its Jun 2007 H of $8.96 but below its Feb 2006 H of $9.90 which is now a resistance to watch.<g> The stock hasn't closed its Jul1 UG and it seems it may hold at the $7 support. (In order to close the UG it needs to get back to the $6.20 level.) bigcharts.marketwatch.com The 6 months loss is somewhat less,(It was higher in the 1stQ but less in the 2nd,so for the 6 months is $0.02 less.<g>) The pending two Qs results are expected to look better by comparison as the loss for this Yr is projected at $1.22 vs $1.41 in 2008. For 2010 a loss around $1.10 is still expected. On Aug20 it announced that it may sell up to $60M of its registered common stock to Azimuth Opportunity Ltd. over an 18 month period, but it is not obligated to utilize any of the $60M 'line of credit', and remains free to enter into other equity financing transactions.<g> It is expected to present this month at 3 investors conferences. The stock is trading at $7.75 (up 1.04%) as I am typing this note. That's not a bad % daily gain, at present times.<g> If the stock can deal with the resistance from its 2006 and 2005 Hs and the Dec2004 at $16.80 bigcharts.marketwatch.com It could then have plenty of room to run. <g> bigcharts.marketwatch.com Bernard

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next