Hlit bounce yesterday was a great time to exit. PE 23.67 price to sales 1.56 nose bleed territory
Valuations and profits and growth count RAD $ 2.99 just voted great American turn around story. PE 11 price to sales .10. RAD has strung together very strong results doubling street expectations each time. RAD is still 1/10 valued to it's peers. Most of the 14 analyst following RAD have a price target of $ 5.50 Dec 2013.
This is a big difference from January of just 8 Sell analyst. RAD normally ranks in the top 10 volume leaders.
poor volume can surely make for a trap this is a going concern of mine in hlit.