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Strategies & Market Trends : InvestRight - Short Term Trading St -- Ignore unavailable to you. Want to Upgrade?

To: invest04 who wrote (93)	9/10/1998 9:18:00 PM
From: Jeffrey L. Henken	Respond to of 939

Thanks for the URL's Stephen. CCSI is a stronger buy today then when I first posted it here last week. While it's certainly true that the stock could trade lower again but I was encouraged by the close today on a terrible day for the DOW over all. If people would just use their noodles a little bit they would realize that if the Colormate III was incapable of doing what the FDA approved it to do then it would never have been approved in the first place. I hate to say this because I know many people are still trying to survive margin calls on CCSI but it may yet be a while before a deal is done. I'm talking about the deal that will finally vindicate those of us who are long. I definitely believe it will happen and I maintain that if an investor bought CCSI tomorrow morning at these prices you will be able to trade out half your position for over $1 profit. Better than 25% gain with no chance of losing because the shorts were always wrong about CCSI. Furthermore if the news came sooner than I expect then you would have your entire position to profit from during the ensuing short squeeze. One final thought, I never read Barons for anything other than a short term trading pop off of what they feel is an undervalued stock. Often times stocks have been beaten down for the right reasons, ie there is no technology, however in the case of CCSI, Barron's just jumped on the dog pile without doing any decent due diligence at all. Regards, Jeff

To: invest04 who wrote (93)	9/10/1998 10:16:00 PM
From: Jeffrey L. Henken	Read Replies (1) \| Respond to of 939

It might be time for me to start a new CCSI thread soon. I understand Mr Pink has removed the stock from his short selling profile. Gee I wonder why? Member 1397374 I can tell you that I have a habit of being in the right place at the right time when I start a new thread. Consider these two OTC BB stocks ABMI and CLCK. I started the ABMI thread in early March. Look at the increase in volume and the triple in price. bigcharts.com I started the CLCK thread last May. The stock doubled and I look for a strong run again starting next week: dailystocks.net This week I started one more thread for EVDS. On Tuesday the volume shot up. Smart money? You bet, and the rise in the stock hasn't even started yet, but it will soon. If you have the time please check out the chart and the new thread here at SI: bigcharts.com Subject 22787 InvestRight Regards, Jeff

To: invest04 who wrote (93)	11/1/1998 8:11:00 AM
From: Jeffrey L. Henken	Read Replies (1) \| Respond to of 939

So how are we doing with some of our picks here Stephen? How about CCSI? When I first mentioned it here on the thread we were a few ticks lower. The stock fell back down below $3 and I started a new thread dedicated to the trading of CCSI. That thread started September 25th has done anything but catch on: Subject 23015 On or near September 25th the stock could have been accumulated for $3 a share or even less. Here we are a little over a month later and CCSI is still fodder for the shorts. As of 10/98 there were 2,129,009 shares being shorted: viwes.com That is over a 19% short ratio. Having bought shares at $3 I have been tempted to take a profit on at least one half of those shares. After all, although CCSI has had a little positive press lately the company has yet to ink one significant deal. On Friday the action late in the day made me rethink that position: quote.yahoo.com Interesting buying late in the day, pushing the stock back up above $5 where the shorts love to sell CCSI shares short and some even margin it to do so. Lets take a look at the technical condition of the stock based on an analysis from Market Edge's Second Opinion: Moving Average Convergence/Divergence (MACD) indicates a BULLISH TREND Chart pattern indicates a POSSIBLE TREND REVERSAL Relative Strength is BULLISH Up/Down volume pattern indicates that the stock is under ACCUMULATION The 50 day MOVING AVERAGE is falling which is BEARISH The 200 day MOVING AVERAGE is falling which is BEARISH LOOK FOR SUPPORT AT 3.13 RECOMMENDATION STOCK SHOWS STRONGLY IMPROVING CONDITIONS SCORE = 3 IF YOU ARE SHORT THIS STOCK CONSIDER COVERING OR MONITOR STOCK CLOSELY STOCK IS AN EARLY ENTRY BUY CANDIDATE IF STOCK CLOSES ABOVE 3.90 Kind of murky. But it seems as though the stock is at a cross roads again. The strength late on Friday could be killed come Monday by more short selling. The strength on Monday could be followed by even more buying, although the stock has not yet reached a clear buy signal. Despite having a 70% profit on some of my shares, I think I will ride this one a little longer to see which way we are going to go before even considering selling half of my shares. Any comments? Regards, Jeff