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Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?


To: cluka who wrote (42921)1/23/2009 10:28:00 AM
From: Pam2 Recommendations  Read Replies (1) | Respond to of 95530
 
GL on single digits. WFR @ $18? Depends on the market. If we have a bounce, easily.

Why not respond to the post that was addressed to you and be bold enough to answer some questions that were posed to you? It is easy to make statements like you just did. Of course it will depend on the market conditions whether it goes to 18 or 9 but if you strongly believe that the stock should not be going to single digits, you should be able to justify it as to why not. At least I have a theory, you don't have any! You were bullish when the stock was at 17.50 and now it is at 13.xx and gone up a bit and you are excited? There are enough institutions long on this one and it is not in their interest to dump it. They will dump it gradually on rallies and on the next announcement of bad news, it will make another attempt at single digit!