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Technology Stocks : CDRD (CD Radio)
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To: Saul H Rosenthal who wrote (659)5/20/1998 3:05:00 PM
From: Candle stick  Read Replies (1) of 904
 
Saul, I trade full time every day....I use charts and various signals to track maybe 40 or so stocks...I look for what I consider to be short term "flips" with 80% or higher degree of success based on my signals.......I am not a long term holders and some days can make 7-10 trades..I think CDRD is ridiculously valued for what it is, and will only trade it out of the short side. Yesterday i got a 'sell signal'. I could not sleep at night with this stock as a "long term investment" knowing there is no value, revenues, earnings or hope for any for at least 2 more years. If the market turns sour, stocks like CDRD drop 90%. Seen it before. Good luck to you........;^)
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