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

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To: John Pitera who wrote (5220)6/27/2017 12:39:05 PM
From: The Ox1 Recommendation

Recommended By
John Pitera

  Read Replies (1) of 8239
 
I took a quick glance down memory lane and found this, another spectacular call you made in 2015:

AMBA is my pick of the week for a stock that can be shorted at a potential double top at 128 in June and 129 on Thurs and closing at 124 and change...... one can put a very tight stop at 132.75 or 135.55 and sell on Monday looking for decline to the 100 area at a minimum but I really expect it to go back to it's mid 70's level and the 200 dma.

Here's my follow up note a few weeks later:
From: The Ox9/29/2015 1:31:40 PM
To: John P who wrote (17182) Read Replies (1) | Respond to of 19470

AMBA finally back to where one MIGHT call it in line with it's fundamental growth. 15 PE times forward earnings expectations of $3.60 next year gives a $54 price target or $46 on 15x trailing earnings.




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