RACK, bullish for 1 day

Discussion in 'Stocks' started by qll, Jul 28, 2006.

  1. I bet he is all over TIE as well.
     
    #11     Jul 28, 2006
  2. Anyone biting on this? Technical picture isn't getting any prettier, but it does seem awfully oversold for such a fundamentally strong company (16% growth, 0 debt, $7.5/sh cash).
     
    #12     Aug 1, 2006
  3. it might...but u should have noticed a pattern on this earnings season; every high beta/high p/e stock that misses only by a penny will be dumped with both hands, no matter what, and the punishment can go on for ages...with this crap gappin' down 20-40% u gotta be surgical in your timin' or have deep pocket and patience to make it work. this stuff is a beauty to sell short on the day after report: rack has been one of my best trades this yr.
     
    #13     Aug 2, 2006