Friday, October 28, 2011 3:23:51 PM
CHDO Weekly Blue Sky Breakout Confirmation:
http://tinypic.com/r/2m5civq/5
P+F Chart Ascending Triple Top Breakout October 24th 2011: BULLISH PRICE OBJECTIVE: $$$ .11 USING 25% PARAMETER!!!
http://tinypic.com/r/10p81o6/5
As in the pictures' notes above: "THIS IS A GROUND FLOOR OPPORTUNITY!"
MORE DD:
CHDO Holders...
http://tinypic.com/r/30w4kqo/5
Insider Buying...
http://tinypic.com/r/dwfe4g/5
DEFINITION(S) OF A BLUE SKY BREAKOUT:
We've all seen charts of stocks that traded in a range for a time, and then bust through resistance to shoot effortlessly higher. Why does this happen? Recall that the more times a stock hits a support or resistance level, the "stronger" that level apparently becomes. Being astute traders we just "know" that a stock's price is unlikely to exceed a strong resistance level. The more of us that recognize that fact, the more short sellers there are likely to be lining up to short the stock. And the more short sellers there are the more buy stops there will be set at that "unlikely" level.
But, let's say the stock receives a strong recommendation from three analysts who feel the stock is a "strong buy." The result? Demand for the stock goes up, short sellers are "squeezed" out as they are stopped out and are forced to buy the stock to cover their short positions, creating what we affectionately term a "short squeeze." Everyone who thought they knew where the ceiling (resistance) was, no longer holds a position in that stock. What once was the ceiling becomes the new floor, or support level.
Once a stock breaks out above strong resistance, it takes some time to create and recognize the new ceiling. Short sellers become less likely to step in because they can no longer anticipate where the stock is likely to "bounce back down." RightLine readers are familiar with the term "blue-sky territory" or "blue-sky breakout." We use the term blue-sky to indicate when a stock breaks above all previous resistance points.
AND FINALLY, NOW THAT THEY HAVE POSTED THE FINANCIALS AND YAHOO HAS IT ON FILE AND UPDATED...AS WELL AS ETRADE...SHOWING POSITIVE EPS AND A HEALTHY P/E...
http://finance.yahoo.com/q/is?s=CHDO.OB
Management has done a great job, and is continuing to do so...IT IS OUR JOB TO SPREAD THE WORD TO FELLOW INVESTORS AND GET THE REST OF THE FLOAT INTO OUR TIGHT HANDS! WE ARE AT THE BEGINNING OF A MASSIVE MOVE NORTH IN PPS...DO NOT GET FOOLED BY THE MARKET MAKER GAMES. THIS IS OUR OPPORTUNITY, BECAUSE MOST OF YOU WERE HERE FIRST...I ONLY GOT LUCKY THAT I NOTICED CHDO WHEN I DID! CONGRATS TO THE STRONG LONGS, AND CONGRATS TO THE MANAGEMENT, WHO HAS IN TURN BEEN WORKING HARD TO BUILD A COMPANY THAT IS NOW MUCHO PROFITABLE AND IS LOOKING FOR MAJOR EXPANSION, QUOTES FROM TRANSCRIPT:
"We have always contended that posting solid revenue and income performance will impact trading volumes and ultimately our stock values. Over the past few weeks, as we have begun to unfold our 2011 success story, solid activity is very evident. Factor in our year end expectations and there is no reason to believe this support will not continue. As much as we would all hope to see our stock value grow more quickly I for one and as the single largest shareholder am encouraged and I anticipate continued progress. In fact, I have continued to accumulate CHDT stock this past year, as have other directors."
"Our corporate strategies are working. Two key points to consider; our products are received well by consumers and our retail customers are recognizing our innovations and in turn our company as a serious competitor in the marketplace. These two points, in conjunction with solid management performance, are why we are posting record results during such challenging economic times. No magic…just solid performance."
"I have had counsel from many on this point and there is simply not one answer, however, a lot of speculation as to why and how to fix it. I am very skeptical of IR and consulting companies that will guarantee investor reach and / or bid support for stock consideration. Our research indicates companies that go down that road often have short-term success and many investors are left behind. We are becoming known…over 20 m shares traded over the past few weeks and new market makers are trading."
"We have, in fact, been contacted by companies interested in Capstone and CHDT for that matter. The best value would come from a strategic buyer, opposed to a financial buyer, but this is not a priority at this time. Capstone is a great business and I expect suitors to surface."
" We are not interested in growing 4, 5, or 6 million dollars a year, any longer. Our plans are much more ambitious than that. We had a lot of work to do to get CHDT to be recognized as a stable company with skilled management that would attract other businesses. We have accomplished the stability portion of the equation and now have to address the stock value portion. As our stock value increases, we can more easily utilize the stock as currency. I don’t foresee purchasing businesses on a cash only basis, therefore, our stock value is a key component to our acquisition strategy."
SUMMARY:
CHDO STRONG BUY UNDER .02
LOW PPS TARGET: .06
MEDIAN PPS TARGET: .11
HIGH PPS TARGET: .20
http://tinypic.com/r/2m5civq/5
P+F Chart Ascending Triple Top Breakout October 24th 2011: BULLISH PRICE OBJECTIVE: $$$ .11 USING 25% PARAMETER!!!
http://tinypic.com/r/10p81o6/5
As in the pictures' notes above: "THIS IS A GROUND FLOOR OPPORTUNITY!"
MORE DD:
CHDO Holders...
http://tinypic.com/r/30w4kqo/5
Insider Buying...
http://tinypic.com/r/dwfe4g/5
DEFINITION(S) OF A BLUE SKY BREAKOUT:
We've all seen charts of stocks that traded in a range for a time, and then bust through resistance to shoot effortlessly higher. Why does this happen? Recall that the more times a stock hits a support or resistance level, the "stronger" that level apparently becomes. Being astute traders we just "know" that a stock's price is unlikely to exceed a strong resistance level. The more of us that recognize that fact, the more short sellers there are likely to be lining up to short the stock. And the more short sellers there are the more buy stops there will be set at that "unlikely" level.
But, let's say the stock receives a strong recommendation from three analysts who feel the stock is a "strong buy." The result? Demand for the stock goes up, short sellers are "squeezed" out as they are stopped out and are forced to buy the stock to cover their short positions, creating what we affectionately term a "short squeeze." Everyone who thought they knew where the ceiling (resistance) was, no longer holds a position in that stock. What once was the ceiling becomes the new floor, or support level.
Once a stock breaks out above strong resistance, it takes some time to create and recognize the new ceiling. Short sellers become less likely to step in because they can no longer anticipate where the stock is likely to "bounce back down." RightLine readers are familiar with the term "blue-sky territory" or "blue-sky breakout." We use the term blue-sky to indicate when a stock breaks above all previous resistance points.
AND FINALLY, NOW THAT THEY HAVE POSTED THE FINANCIALS AND YAHOO HAS IT ON FILE AND UPDATED...AS WELL AS ETRADE...SHOWING POSITIVE EPS AND A HEALTHY P/E...
http://finance.yahoo.com/q/is?s=CHDO.OB
Management has done a great job, and is continuing to do so...IT IS OUR JOB TO SPREAD THE WORD TO FELLOW INVESTORS AND GET THE REST OF THE FLOAT INTO OUR TIGHT HANDS! WE ARE AT THE BEGINNING OF A MASSIVE MOVE NORTH IN PPS...DO NOT GET FOOLED BY THE MARKET MAKER GAMES. THIS IS OUR OPPORTUNITY, BECAUSE MOST OF YOU WERE HERE FIRST...I ONLY GOT LUCKY THAT I NOTICED CHDO WHEN I DID! CONGRATS TO THE STRONG LONGS, AND CONGRATS TO THE MANAGEMENT, WHO HAS IN TURN BEEN WORKING HARD TO BUILD A COMPANY THAT IS NOW MUCHO PROFITABLE AND IS LOOKING FOR MAJOR EXPANSION, QUOTES FROM TRANSCRIPT:
"We have always contended that posting solid revenue and income performance will impact trading volumes and ultimately our stock values. Over the past few weeks, as we have begun to unfold our 2011 success story, solid activity is very evident. Factor in our year end expectations and there is no reason to believe this support will not continue. As much as we would all hope to see our stock value grow more quickly I for one and as the single largest shareholder am encouraged and I anticipate continued progress. In fact, I have continued to accumulate CHDT stock this past year, as have other directors."
"Our corporate strategies are working. Two key points to consider; our products are received well by consumers and our retail customers are recognizing our innovations and in turn our company as a serious competitor in the marketplace. These two points, in conjunction with solid management performance, are why we are posting record results during such challenging economic times. No magic…just solid performance."
"I have had counsel from many on this point and there is simply not one answer, however, a lot of speculation as to why and how to fix it. I am very skeptical of IR and consulting companies that will guarantee investor reach and / or bid support for stock consideration. Our research indicates companies that go down that road often have short-term success and many investors are left behind. We are becoming known…over 20 m shares traded over the past few weeks and new market makers are trading."
"We have, in fact, been contacted by companies interested in Capstone and CHDT for that matter. The best value would come from a strategic buyer, opposed to a financial buyer, but this is not a priority at this time. Capstone is a great business and I expect suitors to surface."
" We are not interested in growing 4, 5, or 6 million dollars a year, any longer. Our plans are much more ambitious than that. We had a lot of work to do to get CHDT to be recognized as a stable company with skilled management that would attract other businesses. We have accomplished the stability portion of the equation and now have to address the stock value portion. As our stock value increases, we can more easily utilize the stock as currency. I don’t foresee purchasing businesses on a cash only basis, therefore, our stock value is a key component to our acquisition strategy."
SUMMARY:
CHDO STRONG BUY UNDER .02
LOW PPS TARGET: .06
MEDIAN PPS TARGET: .11
HIGH PPS TARGET: .20
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