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Trident Microsystems, Inc. Message Board

  • investing_rules investing_rules Apr 12, 2011 11:58 PM Flag

    Interesting Look at the Charts for TRID

    If you go back and look at TRID's chart:

    > 06/93 broke below $2 rose above $5 in 03/95 (21 months duration)
    > 06/98 broke below $2 rose above $5 in 02/00 (20 months duration)
    > 11/00 broke below $2 rose above $5 in 10/03 (35 months duration)
    > 10/08 broke below $2 rose above $5 in ????? (30 months duration thus far)

    I would note that the longer base from 2000 - 2003 allowed for the highest rise in PPS to over $30 in 3/06.

    How much longer before we push higher and how much higher??
    Not much longer in my opinion.
    Time is on the longs side now.
    Just think about that return to above $5 - thats worth waiting on even if it takes another year - which it shouldn't.

    Time will tell.

    gl

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