*AV*--CHPS-- as posted before I am there at numerous prices from 16.5 down to the 13s. Mostof shares are 15 and below so a move to 15 is a profit which just gets better with every point it goes up.
I am trying to adapt the "quick $$$" desire here with the semis that are in a class of its own. For reasons I have explained, I still see this sector moving a little faster than I really expected thereby producing some nice gains consistent with the intent of this thread, making money.
As is clearly evident, not all of them have made monumental moves and some actually got away from me (CFMT most recently). However, if you find yourself in one or more of the stocks I have talked about, my advice is not to sell any of them at a loss or for less than 10% gain.
My timing may be off with respect to when the gains will be made, but the gains will be made. Remember that I rotate through these stocks and revisit them. I do not trade them very frequently except under extreme conditions such as rapid rises. All the stocks on my semi list are quality stocks that will not disappoint you. The only disappointment will be that it did not happen this week. For that I am apologetic but it was never my intent to provide 1 day or 1 week wonders.
CHPS - bottom fishing and which side of the curve is it on?? I beleive we saw the bottom and it is turning around. It may be stagnating right now but is not violently swinging up and down. It is really stable which is good, IMO. This is not a calm before the storm but a rationale place for the stock to reside prior to gaining momentum.
CHPS, MTSN, IDTI, and CRUS are all in this situation with CYRX looking to break away from this pack of 5.
Finally, I am not giving up on CHPS, I am just content on waiting for it to perform. I am confident that it will and that I will not regret it at XMAS time (no, not that long but XMAS is a time when I reflect on my many good fortunes). |
