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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?


To: Jim Baker who wrote (38466)12/4/1999 10:13:00 PM
From: Mike Sawyer  Read Replies (3) | Respond to of 108040
 
Short term, yes, I am looking for a return to that area. Long term...as TATrader Mark just said on his thread..."CSRE is at the bottom of it's cycle with very little downside". They have a past history of moving from 3 7/8 to 32 bucks and then over the last couple of years falling back to 3 again. Now they have new products coming out and have things going well with Microsoft. Take a look at their recent press and you can see this. If I take a long term perspective I see it moving much higher than it's current level...multiple times higher. But there will be many trading opportunities in between. One of them will be coming next week I think.

This stock is a low float beauty...and we all know what can happen with low float stocks that have plenty of cash, a growing product line and expected increases in revenues.

For those interested here are my weekly charts that show where the stock has come from...

tatrades.tripod.com

and where it should go...

tatrades.tripod.com