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Re: Knowledge is King post# 43421

Tuesday, 01/16/2018 10:29:05 AM

Tuesday, January 16, 2018 10:29:05 AM

Post# of 113995
ZYXI

I sold the last couple of trading days with the rsi starting to approach 80. I feel FV right now is in the $4.00-4.50. And I got to Sell in the upper 3's today. Given eps of say .10 this quarter coming (Nol's will be used by q2 or earlier), hence I would say earnings are about .30 adjusted going foward, given it's warts I think the stock fv is a 13-15 pe, hence where my $4-4.50 FV target is. It has been a nice run I think in the mid to upper 3's where I have been selling there is not much upside compared to the risk at this point, in the upper 1's and low 2's where I bought my position in my opinion it felt like a no brainer to me, but now it is just slightly undervalued, and very overbought. so I decided to sell. 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.---
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