hello, Dave, et al...appreciate the many cogent comments on this thread.... first, Dave, I pay about $ 20./mo. for Telescan's "wall street city" service, which, among many other featuures, DOES include many charts (not everything, but many, try a trial), which do go back 10-20 years even...this is not a formal endorsement, but I enjoy their stuff....they have pretty good charts, news, financial info., etc.
second, my "PSYCLE sm" which specilizes in buying only truly depressed, basing stocks, in industry groups which are also depressed, just came up with this CMTR, as a Buy, near it's recent lows only, say, 1 3/8 or so, with a close stop, below those lows, only in a diversified portfolio, where suitable, etc. (I mean, this is not a blue chip)
obviously, you people seem to have the "fundamentals" here correct, good going, but my approach ONLY uses 75% repeating, Technical Chart patterns, which have been working for decades, then adds 20% PSY-chological, repeating patterns of media and human behavior, removing all potentially damaging Emotions from the process....I ignore 95% of all "fundamentals" when I buy, because, historically, most holders know most everything and already figured often in stock price....so I employ the 5% of "stuff" which 95% of others do not use, dig ? often gives my people an "edge", timing-wise....well, thanks for the venue, and good luck to us all, with this one....
last, obviously, CMTR still needs to breakout above the $ 3. area, but "if"--- got, say, from, 1 3/8 to, say 2 1/2, would still be a decent 2-4 month pot. trade....take care, |
