g'day all - Mark, as you may recall, I ve actually added position in late Mar on the C&L news. If we look at the action of the day, even though it has shown a gap up, the SI chart in mostly RED, that seems to suggest people were using the news to sell/short the stock. OTOH, if we look at the last 2 days, while the stock runs right into resistance, the candles are mostly WHITE, suggesting buying.
I don't know about being the darling of WS, since it is still pretty weak [if it can take out a couple of resistance, then it is another story.] I suspect one reason is its mission statement. I mean, we have received the annual report, I am still trying to figure out what she does. It seems that she is doing a lota value added services etc and some sort of IVR, but I really don't know who are her competitors and how well she is competing - or if she is the lone wolf in the wilderness. I remember Crash was kind enough to give us a crash <vbg> course on her deal with Sprint. But I suspect there are a lota hi-concept people out there.
[offtopic] Good luck on your project.
rgds Bosco |
