15 replies to this topic

[hiker]

vs. AH price

50 to 52.50 minor support zone

http://stockcharts.c...llery.html?ntri

there was some size selling near 54 tonight

Edited by hiker, 24 July 2007 - 04:19 PM.

[tommyt]

that had the triple MACD bear divergence...ugly...wish I would have seen that setup

http://stockcharts.c...2269&r=3901.png

[hiker]

it may make a last stand near 52.50 buyers absence right now could easily change, but I am betting that likely to not occur till tomorrow at earliest if it does

Edited by hiker, 24 July 2007 - 04:28 PM.

[ogm]

it may make a last stand near 52.50

buyers absence right now could easily change, but I am betting that likely to not occur till tomorrow at earliest if it does

I can't find any horrible news. They are still growing like weed and at 54 the stock seems reasonably cheap, compared to growth. I'm thinking of picking some up. I think the market is overreacting here.

Edited by ogm, 24 July 2007 - 05:08 PM.

[hiker]

ogm...the CC and Q&A was worth a listen...explains some things

[ogm]

ogm...the CC and Q&A was worth a listen...explains some things

Can you describe in a couple words ? Why are they projecting shortfall ?

is the news that bad ?

They are trading at very reasonable multiples here at 54. And they still grew at 70-%. LEts say growth rate will be half that, 35%, its still trading at 14 p/e, 2.5 times sales with 35% growth. Screw it, lets say 20% growth.
still reasonable.


Unless..... they will be shrinking from now on.

There is still a tonn of obesse people in this country who want to lose weight...lol

But.. This is kind of discretionary spending, so its suspect. Now McDonnalds, is cheap.. aside from the fact that its crap So if cost matters to consumer vs health.. they'll flood MCD.

Edited by ogm, 24 July 2007 - 05:19 PM.

[hiker]

many stated items are relevant..at least 4 items...I am trading right now...why not subscribe to briefing.com that posts info as CC's progress if you do not want to listen? The Active Trader service is worth the money if you are willing to pay more than 30 per mo for the platinum..back to trading.

[ogm]

many stated items are relevant..at least 4 items...I am trading right now...why not subscribe to briefing.com that posts info as CC's progress if you do not want to listen? The Active Trader service is worth the money if you are willing to pay more than 30 per mo for the platinum..back to trading.

I have enough subscriptions.

[hiker]

ogm...you have no idea the value as a technician and trader that you are missing...I have no affiliation with them..just giving you experience from a fellow trader ...they have 12 chart technicians that post ideas and setups, etc.

[ogm]

ogm...you have no idea the value as a technician and trader that you are missing...I have no affiliation with them..just giving you experience from a fellow trader ...they have 12 chart technicians that post ideas and setups, etc.

Thanks. I'll check it out.