Replies to post #6376 on Marketgems Earnings Trader- Trading Strong or Weak (MKTGEMS)

[jenna]

RLRN/CECO Today CECO was featured in New America Page of Investor's Business Daily and quite a nice report which influenced the stock favorably. RLRN expected to have 13% growth with a p/e of only 19 times earnings and undervalued at a PEG of .76. this has no guarantees, but has the potential for taking out 20 and possibly the gap near 21. Remember its just and only EARNINGS that will catagorize stocks on the SHORT or LONG side. In the case of RLRN, we have to wait to see if their is any increase in volume/price BEFORE the report.

[jenna]

well first let's look at HELE, I neglected NAUT because I just didn't trust it which was a mistake, so I'll at least mention HELE which could be bought within 5 minutes if it beats the street, I missed NAUT by focusing too much on my short portfolio this week.

[jenna]

Both ESIO and ADTN are overpriced still but look at WBSN, I woulod just watch to short this rally in ADTN.. and ESIO looks potentially bad, but it would need to be really a "focus" to know. Usually I have a whole computer screen dedicated to 2 stocks and follow them in 5/15 60 and daily charts linked with news, fundamentals. Multiply this with 6 screens and I watch probably 90% less stocks than others do and its hard to add too many new ones to that list and really have confidence like I have with my "old faithfuls"..

I even feel that IBM has more downside but I'm floating along and have not added to my August puts just yet.