a company, oriental based, engaged in the transitor radio market...any thoughts ?
seems better than sand (slca), but sand keeps moving along. Have NCT also....wish I could explain why it is doing so well, some kind of real estate/mortgage servicing..yada yada...I just don't quite get it.
not that I recommend stocks. I own this one at 18. It does have earnings coming up soon. An interesting part to me is the short interest. Seems there are a couple theories on why so high. I don't think their business prospects are why.
If I may join your discussion. I think WFM is an interesting short play. It plays in the Risk/Reward category. If it beats, it goes to $98, but should start to leak downward from there after earnings. It is a play on the pressure on the consumer where the 2% pay tax increase as well as higher taxes on the upper income bracket. Here in CA gasoline is already over $4 buck for premium. AND don't forget the debt ceiling debate is coming up. ONE indicator of the upcoming sequester and the debt ceiling debate going to stop this market is...the aircraft carrier USS Truman planned deployment to the Middle East has been cancelled. Leon Pannetta is really upset saying the sequester could lead to 800,000 dod personnel on furlough! Not to mention competition in this area is heating up. Trader Joe's for one is growing.