Sell signal confirmed today! 100% BEARISH and 100% DOWNSIDE potential per stockconsultant! Definitely, OVERVALUED AND OVERBOUGHT! The company is still losing money! It should go single digit (fair value).
If you subscribed to MarketEdge Daily, you'd know that, as of the close of trading yesterday, CRNT's:
Moving Average Convergence/Divergence (MACD) indicates a Bullish Trend.
Relative Strength is Bullish.
The 50 day Moving Average is rising which is Bullish.
The 200 day Moving Average is rising which is Bullish.
Price is above Resistance of 14.52 which is Bullish.
Stock broke DOUBLE TOP (Bullish) Point & Figure Chart Formation.
You might want to check it out 'cuz StockConsultant doesn't seem to be doing you much good.
At this moment, MarketEdge rates CRNT "Long," Barchart has it at 96% buy, and Bollinger gives it it's (rarely awarded) double-green highest rating. I've named my sources while you've just run your silly mouth. Simply put, sir, you are a liar, a fool, or, just possibly, both. Consider yourself slapped across the face with a glove and defend yourself if you can.
Sell signal confirmed today! Check it out!
100% BEARISH and 100% DOWNSIDE potential per stockconsultant! Definitely, OVERVALUED AND OVERBOUGHT! The company is still losing money! It should go single digit (fair value).
From the very website you posted as evidence, AmericanBulls.com, their last 5 Buy recommendations have been at higher prices than the previous Sell recommendations. Doesn't give me much faith that they'll be right this time.
The below data is copied and pasted directly from their site. You'd have cut your earnings in half and gone broke from commissions if you followed their advice. Thanks for the tip, almlk, but I think I'll hold.
07.10.07 13.200 Sell
06.18.07 10.840 Buy
06.12.07 9.650 Sell
05.10.07 7.780 Buy
05.08.07 7.640 Sell
04.30.07 6.420 Buy
04.23.07 6.000 Sell
04.17.07 5.990 Buy
04.12.07 5.980 Sell
03.14.07 5.320 Buy
03.05.07 5.310 Sell
Once it starts to go downhill, the floor is the only limit. I started my posts after this POS hit teens (OVERVALUE region). You might have confused me with other posters. I am the ONE and the ONLY ONE Almlk. Check my short records in my recent short winners: FTEK, SNCR, SCSC, HOKU, LOCM, PENX. It is just a matter of time that CRNT will go back to single digit!