Registered: Sep 2011
01-08-13 06:24 AM
RECV is still on the launch pad, waiting for drill results or the price of Crude to go up.
Here is CALI flashing the sign. I haven't started reading up on it yet, but at first glance it appears to be a Chinese luxury car dealership / distributor of some sort, with a current P/E of 1.88 (!).
I doubt you can trust that number and The Market appears to be skeptical, but some volume came in recently and checked the down trend. Now we have that signature, low & flat double bottom with tight BB width that makes my spidey senses tingle.
As always, I'm watching The Market for any signs of weakness, which would prevent me from taking any long stock positions.
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