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Flatsixer: I was reading some of your comments on another (premium) board and had a question: What are you referring to when you say a stock is a bk stock?
Probably a dumb question with an obvious answer but it's bugging me that I can't find the answer. Thanks for taking the time to reply and enhance my education!
Good luck,
-Fritz
Cramer said "the bottom is in" on his TV show a week ago.
-Fritz
Very aptly put, MK.
Thanks for that wise perspective.
Good Luck!
-Fritz
The smart money is buying.
Institutions added 1.5 million shares, sold zero in the last couple of weeks.
http://www.thebuylist.com/default.aspx?Stock=frpt
Good luck!
-Fritz
Well, they are certainly NOT controlling video distribution through iTunes at the moment. But they could go a long way in that direction if they are able to penetrate the market by selling 7 million AppleTV's after adding those extra features.
-Fritz
You're right. I meant AppleTV. It was late and my brain was shutting down. See my previous posts with Gordon. LOL!
But nevertheless, there is a demand to convert the AppleTV box to a more feature rich device, including personal recording.
http://blog.wired.com/business/2007/12/the-second-comi.html
Good luck!
-Fritz
Thanks, man. Must be past my bedtime. My eyes are wandering in different directions!
G'night!
-Fritz
Gordon, I could not find this info on that website.
-Fritz
KCMW:
$8/month will pay for 3-4 years of an AppleTV - just not adding up for me. No big motivation there. Now, if I can eliminate the cable company, and have access to more video podcasts (current technology, just more content), that could be attractive.
This is a criticism of EyeTV. It in no way rebuts the speculation regarding AAPLs plans for it now does it? From what I've read, users of the current version on EyeTV have been clamoring for a TiVO type option.
-Fritz
From the Yahoo board (Jan.12th) and worth posting here.
Author is traderathome. In light of the reduction of short interest and increase in call options, I think this post sums things up pretty well.
Good Luck!
-Fritz
===============================================================
I understand your frustration, which I read between the lines of your post. But there is a positive in all of this...
IMHO, subsequent to the BEAR move, the price is being controlled via the continued use by the STREET of the privilege of naked shorting. The STREET no longer seems to want to tank the pps, but restrain the pps, while they cover any shorts remaining from the BEAR move, and while they continue to use naked shorting to supply themselves with inexpensive shares to buy as they accumulate a long side position at these lows. (Phew! Long sentence.)
The concensus is that this in not a damaged company, but a company with damaged stock. The company does not have damaged fundamentals. But the stock is "damaged", meaning it is targeted by the STREET for manipulation. And in this case, that means manipulation to keep the pps down while any remaining BEAR move shorts are covered for profit,and while long side positions are accumulated at the lows, using naked shorts to feed themselves cheap shares to buy, and then squeezing real shares from capitulating shareholders to facilitate covering. Even is the remainder of covering happens at higher prices, the average price of the STREET's long side accumulation is still going to be very attractive when this takes off again.
And that is what the forward looking STREET always banks on.
Thanks, doog! What a great board here. I figure if I tag along with all these exceptional people, I'll make some $$$ in spite of myself! LOL!
Good Luck!
-Fritz
I think a 30 multiple is reasonable for a rapidly growing company. Thanks, brikk!
-Fritz
brikk, I agree with your assessment of this particular comparison. Is there another example from which we can draw some more appropriate comps?
-Fritz
Well, I'm just trying to crunch some numbers to get a handle on what to expect for the pps going forward. Just for a rough comparison, FMC Corp. (FTI) has a forward P/E of about 20 and a price/sales ratio of about 1.9 according to yahoo fincance.
I know it's not a perfect comp since FTI is not a pure oil services play, but, it's a start. I'm building a position in DPDW
and I like the company, but it's good to be hard headed and closely scrutinize what to expect re the balance sheet.
Thanks to all and good luck!
-Fritz
Is there a general consensus here about the gross revenue for FY07?
Thanks!
-Fritz
Based on your neat comparison chart I'd say that the MFI offers more as a predictor of near term reversals. JMHO.
Good luck!
-Fritz
Nice find. Thanks for sharing!
Good luck!
-Fritz
Re: DLAV: Charlatan, I must admit publicly that you called it on DLAV. I must give credit where credit is due. Even though I left a lot of cash on the table it was not a complete loss because I learned a ton from your comments.
Thanks and Good luck!
-Fritz
Thanks, BRIKK. You are one of the reasons I came over here to check things out!
Good Luck!
-Fritz
Is this purely a TA play or are there fundamentals behind this move? I wandered over here from the DPDW board where we are flush with great info. In contrast here, I've read the filings on CMMI and as far as I can tell they are at best "skimpy" on details of the business plan. Your thoughts?
Thanks
-Fritz
Domain - Thanks! I'll be watching and learning. Good luck to you.
-Fritz
TCHH - I was reading the Ibox and trying to square it with what I'm seing here on the TCHH chart.
Where Ibox says
Find the RSI's, always look for a 30/30 cross on these. It's a buy signal for the PPO/ADX pincher.
is that referring to both the RSI(5) and RSI(2) as in your TCHH chart, Domain? Are those values typically used for pincher charts?
Thanks again to everyone for your input!
-Fritz
Hmmm...neither is too appealing from my point of view.
-Fritz
What do you think they have in mind?
-Fritz
Hi, guys. Newbie on pincher theory and trying to learn the ropes. Seems you guys are printing $$ so I think it's worth a close look!
As a learning example would you consider TCHH to be a decent pincher play right about now? Your thoughts would be appreciated so I can hone my skills.
Thanks!
-Fritz
RE: Steve Carnes:
Some have asked me to amplify my prior comments re Carnes.
His past record can be examined here:
go to http://www.stockpatrol.com/.
Type in "Carnes" in the search. His past practice should provide a key to understanding today's current PPS.
Good Luck.
-Fritz
Gordon,
I'm with you on B**T, watching and waiting there, but I'd counsel you to be careful here at RVGD. I believe there is no bottom, as the financier (S. Carnes) is suspect and the terms are toxic. Look before you leap.
Good Luck!
-Fritz
Billfish: I'm equally skeptical of pinkies in general, and for good reason, but I'm wondering why you take the position that patents which pre-date TIVO's IP are worthless?
Good luck!
-Fritz
Agreed. Also the ADX(12) is poised to pierce the green line and the ADX(5) has already done so, further confirming the up-trend.
Today we ended green despite light volume, also a good sign IMHO.
Setting up quite nicely!!
Good luck!
-Fritz
Thanks for the DD Tikigal and Moolamoola. Once again I have to reiterate that the chart is in the sweet spot!
Good Luck!
-Fritz
What a beautiful chart. Still time to buy.
-Fritz
"Profitable in '08"!!
Man, how huge is that?
Good Luck and Happy New Year!
-Fritz
Bids stacking up. Get in before tomorrow!
-Fritz
Back in the saddle again!
Good luck!
-Fritz
DLAV on Bill Panetta's Bottombusters
BOTTOM BUSTER POWERSCAN MID-DAY UPDATE:
copi
dlav
awyi
itlv
soen
bbao
opbl
sybd
bksd
mosh
Abby: You go, Girl!
Thanks for keeping our heads on straight!
-Fritz
Thanks, Abby.
I'm trying to hone my chart reading skills and have been reading up on theory. I appreciate your input here as a great case study. I look forward to your continued insights as we go along. Of course I understand that news will sometimes trump all else, but I think we all understand what we've got here and what to expect regarding PR's, etc.
Best Wishes,
-Fritz
Thanks much!
-Fritz
Abby, I'm very interested in your opinion. Would you care to elaborate when you have time?
Thanks and Happy Holidays!
-Fritz
113 LOL!