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BIOLASE, Inc. Message Board

  • archieroo3 archieroo3 Mar 4, 2013 4:27 PM Flag

    Follow the volume on Biol

    volume + price increase together
    volume + price decrease together

    That shows that demand supply i.e., the bulls are in charge here.

    With expectations for faster growth comes a higher P/E and PEG. Risk is low around this earnings report because bulls aren't expecting a big earnings # from BIOL this Q. They are expecting a bullish outlook and I expect we will get one. Continue to watch the volume-price relationship. As long as they remain positively correlated, it will pay to be long!

    Those who short see a different chart than I do.

    Sentiment: Strong Buy

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