Zeev's Turnips Patch-No Politics (ZEEV)

[Zeev Hed]

Belgie, I think that 4% is a lot for a single orphaned value stock, you never know if and when it is going to be revalued with market's norms. I also don't want anyone to think that HOOK is a "grand" play by any means. I mentioned it on 8/22 as an "orphaned value stock" with about six other ones (of which two are no longer in my folio, VTSS and PDII). HOOK was then trading around $2 per share, I think it got down as low as $1.80 or so since then. I mentioned it Friday since it seems it did a break out from a long basing on what is a relatively strong volume, and since earnings are supposed to be announced this week, I thought it may continue if positive earnings are reported. For it be really (technically "really") good, it is not sufficient to have the breakout here, but it must hold above about $3.5. So if you are planning to play it, be ready to withdraw fast, since if last week's mini fireworks stop, it could become "dead money" (going nowhere for another quarter or so), as it has been for me for the least six months or so. It all depends on positive earnings and of course, whether the street will pay attention at all.

Zeev