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HCLPI sold my HCLP today, I will buyback

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SSKILLZ1 Member Level  Friday, 01/12/18 12:23:54 PM
Re: SSKILLZ1 post# 42616
Post # of 44062 
HCLP

I sold my HCLP today, I will buyback on weakness, think it could fallback to the mid 11's. But I sold today at $12.95. The RSI is around 76 so overbought. Don't think they will hit their q4 estimates of .50 either, plus the competition will be a factor at some point with their margins, but I think that will be a 2019 issue, I believe HCLP will eventually hit the $14-15 level where I think FV is, but I wouldn't be surprised with a 10-15% pullback from current levels, plus I'm getting more negative on the broader markets so starting to raise a little cash when I feel something is overbought and only 10-15% away from what I feel FV is now. So I decided to take my profits on this one. All is just my opinion, and I could always be wrong though.

---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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