News Focus
News Focus
icon url

Zeev Hed

04/17/04 2:12 PM

#232434 RE: calzone #232433

There is an old open gap from around $22 to just above $23, on the launch from the October 2002, that is how far we need to go to look for a support structure here, so beware. I took my loss. I am going to continue and play it for swings, since once the mood turns on that one, it is so undervalued relative to its peer (a PE of around 20, for a class act), that it could take off, but I have no idea if that happens from $28, $26 or even $22. It is indeed broken. The fact that three of the five Q are now broken stocks is a major negative I have in the market now.