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Rofin-Sinar Technologies Inc. Message Board

  • long_ways_to_go long_ways_to_go Dec 16, 2005 12:46 PM Flag

    starting to ignore good news

    stocks tend to bottom out when they ignore bad news. Vice-versa also holds.

    I think most of the news has been discounted in current price run-up. Red-Herring article was good for recognition but didn't help stock price yet - maybe will have a longer term impact.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Yeh, CPHD is much riskier than RSTI. small hopefully emerging cap <$100M sales.

      It just seems like they are in the right place at the right time. they appear to have the technology to survive. Riding the stock is probably going to be like being on a bucking bronco. probabkly went from the frying pan into the fire after selling RSTI in early Dec then buying this recently. But I have a lot less on the table in $$$ right now so I feel more comfortable.

      I think Jan will be a very tough month for the market.

    • this is not good news

      this is already known news

      nothing here

      watch the narrow trading range the last two weeks.

      the next two weeks will tell you the story

      forget about all news media crap

      • 1 Reply to smk_01_2002
      • Gee, you have a couple days left from your "the next two weeks will tell you the story" posted on 12/17/05 (see your attached note). Never understood that post - maybe you could explain it as now we're almost two (2) wks past. Could be RSTI will jump to 50 by end of yr (next couple days) which maybe is what you were expecting but I doubt it. Low volume on upside doesn't help here.

        Actually, 1st 4 trading days in Dec usually are it for that month with maybe a blimp up last day or two. That along with 25% runup since earnings release was basically why I departed with my 50% profit to wait and see.

        I'm starting to wonder if the "January effect" has already been discounted in mid/late nov and 1st wk of Dec. There still must be lots of new IRA money rolling into market in Jan though. Everyone discounts a bad Oct in aug/sept so why not discount Jan effect in Nov/dec?

        One good thing about RSTI from TA is it is now back within Bollinger bands last 2 - 3 wks after being above them for previous 5 wks straight. Question is which EMA line will provide support?

        Question your comment about stochastics being oversold. It along with RSI and MACD appear to be rolling over from high in the overbought region and have a long ways to go (excuse the intended pun) before it gets anywhere near being oversold.

        ====================================

        Oh - here's your last words of wisdom from 12/17/05 in response to my "starting to ignore good news" post.

        ====================================

        "this is not good news

        this is already known news

        nothing here

        watch the narrow trading range the last two weeks.

        the next two weeks will tell you the story

        forget about all news media crap "

 
RSTI
21.41+0.46(+2.20%)Oct 21 4:00 PMEDT

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