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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?

To: QuietWon who wrote (71325)11/10/1999 12:29:00 PM
From: Alan Smithee  Read Replies (2) | Respond to of 90042
 
GDC

Not sure about the fundamentals here, but the stock confirmed the PNF buy signal today with a break of 3.75. In fact, with the print of 4, it adds 2 more X's to the column. Could be that they are a decent turn around story, as was the case with CAMP?

Similar chart pattern to CNRS, which broke out from the low's 3's a short time ago and is over 5 today.



To: QuietWon who wrote (71325)11/10/1999 12:45:00 PM
From: Alan Smithee  Respond to of 90042
 
QuietWon:

GDC. You asked in a PM about a Price Objective.

Based on the Point & Figure chart, I come up with a price objective of 11.25 for GDC. No time frame.

By way of example, back last spring, with CAMP at approximately 5, I computed a PO of 14.50. It's been trading right around 20 lately.



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