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Strategies & Market Trends : Guidance and Visibility -- Ignore unavailable to you. Want to Upgrade?


To: hotlinktuna who wrote (177018)8/15/2008 12:45:08 PM
From: ACAN  Read Replies (1) | Respond to of 208838
 
tuna; hope the chart makes you feel better. Sure does look like a buy right here.




To: hotlinktuna who wrote (177018)8/15/2008 8:15:12 PM
From: lexi2004  Read Replies (3) | Respond to of 208838
 
CNEH..Think it's important to remember this:

1. It didn't drop because something is wrong with the company.

2. It had great earnings and future forecast.

3. Oil is in a downtrend/correction.

4. Pretty much all energy stocks are being affected.

So...when energy turns, with all the good news that came out, CNEH should do fine.

I was wrong too about how the market would react to the earnings. However, it's not the first time a company has reported good news only to sell off. Let's hope Monday is better.:)

Lexi