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Blonder Tongue Laboratories Inc. Message Board

  • FIFO_kid2 FIFO_kid2 Aug 17, 2001 4:05 PM Flag

    cable

    My strong buy is based on my 2-3 year long term projection within the prescribed guidelines of Yahoo sentiment disclosure assuming the fundamentals and sentiment come through which I believe the chances are high.

    What I am telling you BDR has the catalysts to become a 10 bagger long term.

    Mark my word most tech stocks will never exhibit such potential as the days of the tech bubble two years ago and will never come to pass again with such magnitude.

    As for chasing any stock after it has risen 40% in a few days I don't condone it. You buy companies after a 1/3 to 3/8 retracement of the short term gains. However, since this stock hasn't had very high peak volume yet the stock's retracement could be smaller.

    As for my not trading this stock based on the news I have too many shares to effectively sell at this juncture and the repurchase of my stake again would prove difficult again as the volume here will probably dwindle which is totally normal for an illiquid stock.

    How many large block sales have you seen here?
    None. All the large block sizes are on the bid which implies they want to accumulate inventory. The only major large block opportunity you are going to get is probably Lutsch's sale later this quarter.

 
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