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Biotech / Medical : Chromatics Color Sciences International. Inc; CCSI -- Ignore unavailable to you. Want to Upgrade?


To: Jeffrey L. Henken who wrote (5067)5/25/1999 12:35:00 PM
From: Marconi  Read Replies (1) | Respond to of 5736
 
Hello Mr. Henken:

Bullish TA and not a going concern, and a high overcapitalization means better shorting opportunities ahead if the technical trading crowd enters the stock and follows the untoward price movement. 10+ has historically been a fair shorting range for CCSI. Fundamentals win out over TA in weeks to months. I am content for a year forward timeframe. The ROR of my short is expected to be a handsome gain.

The latest TA trend does not make for investment. Fundamental valuation remains the primary investment criterion. IMO CCSI is grandly overcapitalized and their management is dismal at business. Sell high, buy low.
Best regards,
m