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Replies to #13555 on Tasty Booshers

MSGI

06/20/05 12:38 AM

#13558 RE: kipp440 #13555

Kipp, I wanted to buy IPII back in the $8 area (I had it before the reverse split and sold)but never pulled the trigger because stockcharts price objective was $7.
http://stockcharts.com/def/servlet/SC.pnf?chart=ipii,PLTADANRBO[PA][D20050619][F1!3!!!2!20]&pref...
I have been limiting my buys to stocks that have 2 to 3 times the price objective as the existing price of the stock. Likewise, your MVCO has a bearish price objective of 1.00, so I have to pass on that one too.
http://stockcharts.com/def/servlet/SC.pnf?chart=mvco,PLTADANRBO[PA][D20050619][F1!3!!!2!20]&pref...
Some people don't believe in P & F charts and that is fine with me, but I have found that they work great for me.