Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Kirk © who wrote (4745)	4/13/2017 10:27:21 AM
From: rdkflorida2	1 Recommendation Recommended By Kirk © Respond to of 26763

Found this on line. Pulled out the estimates and Buy/Sell/Hold info. Fingers crossed. "Out of the 14 analysts polled by TipRanks in the past 3 months, three rate Valeant a Buy, nine rate the stock a Hold and three recommend to Sell. With a return potential of 60%, the stock’s consensus target price stands at $15.30." My target was/is still $12.00.

To: Kirk © who wrote (4745)	4/13/2017 11:05:35 AM
From: rdkflorida2	1 Recommendation Recommended By Kirk © Read Replies (1) \| Respond to of 26763

By definition my Keep It Simple Stupid system is more art than science. I already had the symbol on my watch list after a friend told me he bought at just over $11.00. So what I saw was the S.A. article that had some interesting points that I fully agreed with. Most notably the refusal of the bid for one of their units that was at 90% of asking and the purchase of 24K shares by the CFO at $10.72. Also, my "hunch", was that the PPS was within 20% of what I perceived at a max low. (You noted the 2008 low which I sort of dismissed due to the economic situation at the time.) Then I had four indicators turning up at the time, MACD, Williams % R, RSI, and Money Flow. Also, volume had dropped off and it looked like selling had abated. There were a couple of other things but bottom line I got trigger happy. Oh well, loved, lost, back to the drawing board. RDK