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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: JoeinIowa who wrote (25244)5/31/2001 12:41:49 AM
From: Ken W  Read Replies (2) | Respond to of 29382
 
Joe:

MCHM:

stockcharts.com[l,a]daolyimy[dd][pb50!b200!d20!c10][vc60][iUb14!La12,26,9!Lp14,3,3!Lc20]

Keeps riding the 10dMA up and up. You'd have to go to a 5 or 10 year chart to see if there is any overhead to the stock.

RSTO: was just a matter of time. Heck, I only shorted it on thurs last week I think. Look at the company history. There has only been one profitable year...ever. The company is way overstocked with un popular inventory. They are going to have to have a big sale (at a loss to purchase price) and close more stores. The two convertible deals they just made will not kick in for a little while yet, then it WILL be look out below!

Ken