SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Effective Collaboration - Team Research for Better Returns: -- Ignore unavailable to you. Want to Upgrade?


To: richardred who wrote (1573)3/15/2013 12:59:00 PM
From: The Ox  Read Replies (1) | Respond to of 8256
 
When there is this much momentum in a stock (DDD), it's hard to gauge what's causing the weakness. Is it simply profit taking after 18 months of soaring? Was this a 30 strike option competition between hedge funds?

Lots of questions. I've seen a few views that suggest once it breaks 30 that its all "look out below". We'll see.

I would think that all the stocks in this sector are pricey based on traditional valuation methodology. However, it could be a very disruptive technology, which would imply that it deserves a premium. I think the fact that DDD is an established player and has a history of slower growth than their 7.6 times price to sales ratio would imply, is a big attraction to the sharks. Very understandable, IMO.

If they can improve their cash flow, the stock may rebound but I would guess that it will be the next earnings announcement or preannouncement that will drive the stock. Until then, the trend is your friend....until there's a deadcat bounce!



To: richardred who wrote (1573)3/15/2013 1:15:12 PM
From: The Ox  Read Replies (1) | Respond to of 8256
 
AAPL is very interesting here. I suspect that there will be another testing of the lows. That's a pure guess but it is my expectation.

I expected the gap that was filled this morning to be a magnet for the stock and it's been proven by today's action. There's no reason why it can't have turned the corner and start working it's way back up, especially in light of this last's weeks action. Not being pessimistic, but I think this week's move is one that will get the AAPL faithful a little too bullish again. That's why I think one more leg down is likely.



To: richardred who wrote (1573)3/15/2013 1:19:08 PM
From: RMP  Read Replies (5) | Respond to of 8256
 
I'm looking at this also, and have traded this a few times in the past. This time I think she goes lower as the market corrects or enters a downtrend.

ERII is an interesting stock that is involved in desalination. Last earnings was good and propelled the stock to over $5. It has come down to what might be a good point to nibble.