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Technology Stocks : MEMC INT'L. (WFR -NYSE) The Sleeping Giant? -- Ignore unavailable to you. Want to Upgrade?


To: JakeStraw who wrote (4681)3/11/2011 10:46:51 AM
From: Debt Free  Respond to of 4697
 
recently started a position - thinking about adding to it at these levels



To: JakeStraw who wrote (4681)4/24/2011 11:16:46 AM
From: Jerome  Read Replies (1) | Respond to of 4697
 
Hi Jake, WFR has all the looks of a stock without much downside, and upside limited to the interpretation of the earnings to be released this week.

It has been mentioned (on the Motley Fool) that WFR counld be bought at the bottom of the bollinger bands and sold at the top of the bands.

finance.yahoo.com

All the clues concerning WFR are positive...Book Value about $10.00, no great expectations by any of the talking heads, at the low end of the bolinger bands, etc.

I own some WFR as of last week. It looks like a decent play to me. But I also own some CSCO that I bought with some of those same assumptions. Sometimes I think I'm panning for gold in a gravel pit.

Happy Easter.....Jerome