Replies to post #49155 on Savvy Trades and Investments

[researcher59]

FORD +.05 to 1.64, evidently it was a crowded trade with profit takers eager to sell into any strength.

I did not expect a rally and did not take a position.

[hweb2]

Well the FORD CEO stupidly killed the run today when he said there was no doubt they will continue to face challenges in the diabetic sector of their business. Too bad. This low floater was easily headed to $2 if he hadn't thrown cold water on it.

This was the first in a series of big revenue comps for FORD. Q1 didn't even include a full quarter of IPS. I think this one will be a fun trader, but hardly a low P/E.

Market seems to be very buoyant lately. I thought TAIT would tank after running up from the $1.30's at the beginning of this month to $1.80 last week ahead of their 10Q. Ugly comp. And the stock is back to the $1.70's today? Weird.