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Technology Stocks : Full Disclosure Trading -- Ignore unavailable to you. Want to Upgrade?


To: Chartgod who wrote (11715)6/25/2008 11:57:45 AM
From: The Ox  Read Replies (1) | Respond to of 13403
 
OT
As long as you put OT in the first line, I think we can feel free to discuss any trades, their setups or the reasons behind the play. In fact, I know a few others reading this board would rather that we add more content as to why we are making these trades, instead of just reporting the transactions themselves.

My last buy for CCUR, which was an average down on my long standing(losing) position was based on my view that the underlying fundies are getting discounted by at least 40% based on past performance and probably over 150% based on my long term view of the future for this company.

I also like the very short term technicals, as they appear to be screaming short term bottom. It should be relatively easy to pick off 5% or 10% on short term swings based on the trading history with CCUR. A pop into the high 70s or low 80s would not be unusual, once theres some trading volume showing up.

This volume may appear for the next few days as the company is presenting at a cable show this week. We'll see....

jmo

TO