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Strategies & Market Trends : Pump's daily trading recs, emphasis on short selling -- Ignore unavailable to you. Want to Upgrade?


To: millerme who wrote (3983)7/15/2001 10:40:35 PM
From: Michail Shadkin  Respond to of 6873
 
Millerme - Re: AVCT

I dont think its a great short.
They missed last quarter and guided lower for this quarter.
question is do they guide lower again this thrusday?
probably yes, and stock will move higher anyway.

they are a solid company fundamentally, nice profits that are feeling pain of the economy.

I dont like the chart too much.
Drawing a down trendline you can see it broke that line on thursday, friday dropped down and sitting just above it.

I looks and feels like the stock is heading higher to me.

Michail