The 56 Point TA; Charts With an Attitude 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 : The 56 Point TA; Charts With an Attitude

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: JKraft who wrote (10648)	1/15/1998 10:04:00 PM
From: Dave H	Read Replies (1) of 79438

Hi Joanie, You make some great points (as always!). Your FA of RADAF sounds on target, but I don't think just seasonality can explain a 30% drop in the stock price in just a month. (~18 1/2 -> ~13) I think this stock was hyped up a huge amount, up to where earnings were released which ended up not changing the FA picture much at all (IBD EPS ranking only went from a 75 to a 76); I think the asian connections are also part of the reason for the drop; isn't RADAF a Hong Kong company? I think we should see the smart money start jumping back in right now, as the stock is back down to the valuation it had back when it started taking off in the beginning of may. If RADAF drops further at this point, I'd have to say that there's something wrong fundamentally we don't know yet. good luck to you too! -dave

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next