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Click Commerce, Inc. (CKCM) Message Board

  • blue_devil_ninetynine blue_devil_ninetynine Dec 1, 2005 2:46 PM Flag

    We're duplicating the trend after Q1 CC

    Look at what this stock did around and after the Q1 CC, and you will see that it is behaving very similarly now. Strong gains followed by dips (sometimes quite deep) due to profit-taking, but an overall positive trend. The only difference is that the starting point this time around was roughly $4 or 40% higher, which is quite reasonable as it is a larger company now than it was in Q1.

    If you believe that trend is being repeated (which I do), you can either be conservative and say that it will go to $32 ($28 + $4), or be aggressive and say that it will go to $39 ($28 + 40%). Both these outcomes are quite reasonable from a fundamentals valuation perspective. Either way it's a pretty good outcome.

    Or you can believe ashaholos and wait for it to go back to single digits. Personally I think that will be financial suicide, as it could only happen if the company completely misrepresented its situation in their recent CC. JMHO. Do your own DD.

    Good luck to all longs.

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