Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: Ron who wrote (94265)	4/19/2000 8:44:00 PM
From: Doug Robinson	Respond to of 120523

CAMP-Here's a great example of a earnings play that one should have been following after the sell off last week. Company beats estimates and revenue increases by 175%. Looks very good but gets caught in the sell off last week. Monday it hits a low of $14 3/4 early, as the concerned sell while everyone else sits on the sidelines. Shortly after, buyers start moving in. Included are larger buyers picking up 5000+ allotments. Volume increases yesterday with more big buyers moving in. Today we have the highest volume in the stock since last September. Buyers are now in buying frequently with numerous 5000, 7500, 10000, even 20000 share buys. On a down day we see more accumulation of shares. The first signals came on Monday morning. They have gotten stronger each day. CAMP closes at $30 and near it's high for the day of $30 3/16. Here's a company that exceeds estimates and thanks to the sell off you could have picked it up for as low as $15. It was triggering buys continually for the past three days. It's up 100% if you got in early. Even if you got in yesterday you have realized some great gains. Now, if you want to make money is this so difficult to follow. Jenna and most other successful investors/traders know that solid earnings play stocks are the first one's you should be looking at after the market tanks. There have been a lot of them and there will be more. Watch for them and you will be rewarded. Just don't get caught up in all the noise about bottoms, resistance levels and hype about where the market is headed. If one is worried, take a vacation. For buyers it shouldn't make any difference since they are prepared to exit when the prices on one's stocks starts to fall. Set your stops and take the cash.