Tuesday, April 24, 2007 11:51:10 AM
CHDT is showing some promise. Howard turning over the reins may ultimately be the best thing that has happened to the company.
I do not understand the reason anyone is in a rush to buy into the stock at this time however, as there seems to be general agreement that really significant profitability will not be shown before the November 10-Q. Sure, there will be some spikes based on PR's, particularly any indicating some real, rather than potential, revenues.
But first, the 1st quarter results will have to be swallowed, and digested, which may be a bit difficult. Then, the second quarter results out in August can be anticipated. The second quarter is already 1/3rd gone so any speculation on revenue here is pretty much limited to the next 8 weeks.
I expect the stock to essentially drop back into another trading pattern between the low 2's and low 3's (with the occasional aforementioned spikes) for most of the rest of the Spring and Summer. Smart money might find a better parking space in other investments during that period.
Thanks for your kind words. As you know I have also posted any "plays" on this stock openly with the hope they would be helpful to all. I'm glad they worked for you.
All truth passes through three stages. First, it is ridiculed. Second, it is violently opposed. Third, it is accepted as being self-evident. - Arthur Schopenhauer (1788-1860)
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