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Strategies & Market Trends : YEEHAW CANDIDATES -- Ignore unavailable to you. Want to Upgrade?

To: Jibacoa who wrote (13730)	12/8/2005 11:46:48 AM
From: Jibacoa	Read Replies (1) \| Respond to of 23958

A good flag ? CTIB is trying to go over the 4.30 resistance.<g> It is now trading above the $4 level in spite of the poor revenue and earnings reports in the last 3 Qs. But the 4th Q results should be better since the loss in 2004 was $1.31/shr and the EL for 2005 is only around $0.20/shr.<g> (The loss for the first 3Qs is already $0.20/shr.<g>) The stock has been acting well since November 28 when it found support at the 2.80 level. bigcharts.marketwatch.com The stock has already closed its Sept.30 upgap and may try for its 3rd flag? bigcharts.marketwatch.com The upside volatility on CTIB is fueled by the fact that the insiders hold more than 50% of the 2.04M shrs and any short salers are easily squeezed.<g>