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Strategies & Market Trends : Effective Collaboration - Team Research for Better Returns:

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To: The Ox who wrote (817)	4/16/2012 10:42:53 AM
From: The Ox	Read Replies (1) of 8288

Note - won't have much time to post this week. Will try, if and when the opportunity arises.... Good trading! Was looking at APKT, a recent purchase. Seems like an excellent trader, buy in the low 25s/high 24s and sell high 27s/low 28s. Until it can break above or below these areas, expect more ping-pong. Their next report should be interesting and I would expect it will be the catalyst to break this range. Last quarter they lowered FY guidance dramatically. I wonder if they will have a "Kitchen Sink" type of quarter that would setup for a longer term rebound but will be disastrous for those of us who are long. The cynic in me says this would allow insiders to get cheap options, while also lowering the bar for future quarters. Now would be as good a time as any if they felt like the weakness in sales this year was very temporary or that it may seriously pick up in the second half of the year....pure speculation on my part and no reason to believe that this will be the case (only "thinking out loud" as it were).

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