Carl, I am still riding only NVLS for this mini rally, I do not like how INTC is behaving within its channel. I already covered back the miniloss from the last little foray in NVLS and expect the rally to get me out in the $56 to $57 area, and who knows, maybe there will be enough momentum to go above $60. I surely kick myself for putting in such a low GTC on AMAT it got to within two bucks of my target and turned around. Well can't win them all, and happy to win more than 60% of the time (VBG).
I noticed your note on the CCSI thread, I was asked to look at it by one of their posters, I believe that it is a disaster to happen and the shorts are right there. The market for diagnosing HyperB is truly minuscule, and the current capitalization fo the company assumes that they will get all of it. I doubt it will even be a successful launch and they certainly are not going to see revenues from that market in excess of $60 MM in a good six seven years, IMHO. I was not going to get involved in another endless argument, so I did not post my findings there.
Have you shorted RMBS as per you conviction, or the risk reward is too high? I am still flat on it, but getting ready to pull the trigger again.
Good luck.
Zeev |
