this stock is not going to go up in a straight
line from here. Last week's carnage is going to take
care of that. There is no longer a pending earnings
announcement or the end of a QP around the corner. Today's
move was great but don't get discouraged if the stock
pulls back a little tomorrow before moving up again.
The market is due for some profit taking and RDWR
will be hit along with other highly valued stocks. IMO
trading this stock is the best way to go until things
calm down. One thing to remember is that this is an
Israeli company. They could have the best technology in
the world but if no one knows about it they won't be
the next Cisco. They need to get a very strong US
presence and get direct sales people on the street to make
it big. JMO
I got excited when my RDWR made the last run. I
would be excited again if RDWR hit 100 or more. The LU
news seems to create a new mometum. If RDWR can
sustain the gain today and the PPI number looks good
tomorrow, It will move even higher.... So 80 or even 100
could be possible.
internal breath momentum indicator has not even
crossed the zero line on the decisionpoint.com site of
charts technical indicators, which means this market
rally is for real, and shorts will get clobbered!
upper band is at 75, ironically if you look at
the chart of rdwr with the bollinger band you will
see that the day that rdwr hit 87 it was way above
the upper band which was the reason for the sell off!
Oh well. It was an honest mistake... still
settled at 61-- bullish, for what its worth.
expect a small gap in the AM, after that we'll see if
there are anymore folks who feel that this train is
worth boarding or if some feel the ride from 48 to the
low 60's in two days is far enough for them!
I'm a Marylander-- equal distance from Baltimore
and Washington D.C.
On my "real" job I work
nightshift, so on my "days" off (like today) I'm accustomed
to being awake in the wee hours of da
I was actually doing some more DD on a company I'm
already in, and am very high on... PC-Tel
IPO with a low float, high sequential revs., leader
in its field, and profitable! QP ends soon-- trading
at 33, up 3 yesterday on fairly low
No weak hands in PCTI--EVERYONE IN THIS STOCK KNOWS
EXACTLY WHAT THEY HAVE!!!
Give it a look see...
you just might like it!
opinion of JNIC...bought a ton of it today and it
rocked. I feel it goes huge over the next few weeks.
Compare to BRCD cap and look at end of quiet period in a
few weeks and BAMM! Respect your opinion man.