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Re: FinancialAdvisor post# 16616

Tuesday, 05/09/2006 10:57:54 AM

Tuesday, May 09, 2006 10:57:54 AM

Post# of 25966
FA, here is a repost Of my EZM post on Value Microcap board. Thought you would be interested, since EZM is a stock you have mentioned. So without further ado my opinion and reasons why are below.

Why I would sell EZM today? (I do not own it at this time)

1) The Stock Gapped up Today.
2) Earnings are Tomorrow Morning.
3) RSI over 80

Conclusion: We have a stock with a gap, that is overextended, and it is heading into an earnings report. For the one time a stock goes wild under that scenario, and goes flying higher, there has to be at least 5 stocks that will fall significantly in the short-term even if the results are good. I think everyone, should do themselves a favor sell now, take a profit, and see if you can buy it back on the cheap.

My philosophy: Defense wins Championships. So be defensive and take profits today, this stock barring incredible results tomorrow should at minimum fall back to the gap. So I have Initiated a Short-Term sell rating on EZM. LOL. Granted I could always be wrong.



---All above is just my humble opinion.
And I could always be wrong.
And as always do your own DD.---
http://www.investorshub.com/boards/board.asp?board_id=5316

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