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Strategies & Market Trends : Position Trading Forum

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To: AugustWest who wrote (300)8/13/1998 12:21:00 PM
From: Jason G. Kliewer  Read Replies (1) of 7247
 
Agree - CKFR is a good position play at these levels.

This stock is way oversold! Should make short term rebound to $17-20 from its current price of $13.25.

Most Analysts are maintaining a buy rating on CKFR. For example...

(1) Yesterday Legg Mason downgraded from Buy to Outperform. Based on the current price they upgraded today with a target of $27

(2) Hambrecht & Quist maintain Buy

(3) ABN Amro reiterates buy rating with revised target of $30

(4) JP Morgan reiterates buy with a target of $35

Happy trading - Jason
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