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Strategies & Market Trends : Charts on Near Term Uotrends

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To: Jibacoa who wrote (1304)11/2/2009 10:54:32 AM
From: Jibacoa  Read Replies (1) of 1404
 
ORCD has a good spike today after opening wit an UG.<g>

Volume had remained low but today is already >10x its ADV.

bigcharts.marketwatch.com

ORCD has 4Qs of better revenues and was able to trim its losses significantly in the last 2Qs last Yr., but not in the first 2 Qs of the current Yr.

The stock is trading around 0.25xBV, it has NLTD and the insiders hold a good % of the stock

On Thursday it announced a partnership to distribute music videos from The Orchard to Dailymotion’s global user base of 60M visitors. The partnership combines the vast content library of The Orchard with Dailymotion’s massive reach as the 2nd largest Web video site in the world.It will launch with over 5,000 videos reaching Dailymotion’s large community of independent music fans.

Over the last year, Dailymotion has almost doubled its global and US audience while vastly expanding its library of premium independent and TV content.

The ACTAY is $2 but I will place my target at $3, although with some good news the stock could get to the $5 level.<g>

bigcharts.marketwatch.com

Bernard
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