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deadjim

02/19/11 3:11 PM

#3267 RE: The Night Stalker #3266

my guess is that with the earnings, this will run into next Q earnings on anticipation of growth from this company. next Q will really set this one in motion if this is the start of a 3year correction
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mkt_predictor

02/19/11 3:55 PM

#3270 RE: The Night Stalker #3266

This is definitely a buy and hold type stock IMO, however they really need to get this selling wrapped up as CHDN has been in complete control of the upwards momentum here. However, I will say this, whoever is selling appears to be doing it in a controlled fashion, letting the price increase slowly but still there to cap any buying pressure which would create a spike. I see either a continued bullish pattern here or perhaps a spike if we get some good news, but I would advise selling the spike and setting buy orders back down at the trend line unless CHDN is completely gone from the ask when the spike occurs.