From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #3449 Reply-To: canslim Sender: owner-canslim-digest@lists.xmission.com Errors-To: owner-canslim-digest@lists.xmission.com Precedence: bulk Content-Transfer-Encoding: quoted-printable X-No-Archive: yes canslim-digest Sunday, July 27 2003 Volume 02 : Number 3449 In this issue: [CANSLIM]EELN Re: [CANSLIM] Another mystery plunge Re: [CANSLIM] Another mystery plunge Re: [CANSLIM] Extrapolation Re: [CANSLIM]EELN RE: [CANSLIM]EELN Re: [CANSLIM]EELN Re: [CANSLIM] Extrapolation [CANSLIM] HITK Re: [CANSLIM] Extrapolation Re: [CANSLIM] HITK [CANSLIM] Big Gain vs Many little gains? ---------------------------------------------------------------------- Date: Fri, 25 Jul 2003 23:49:16 -0400 From: "Lung Yien The" Subject: [CANSLIM]EELN This is a multi-part message in MIME format. - ------=_NextPart_000_0010_01C35307.5B989A70 Content-Type: text/plain; charset="us-ascii" Content-Transfer-Encoding: 7bit Hi, I am new the CANSLIM methodology. I am trying to branch away from my old way of thinking (value investing) because it was simply not working out for me. I would like to know what is your take on E-Loans (EELN). This stock has been making explosive earnings for the past 7 quarters but yet fell for two consecutive days on high volume. Thanks Yien - ------=_NextPart_000_0010_01C35307.5B989A70 Content-Type: text/html; charset="us-ascii" Content-Transfer-Encoding: quoted-printable Message
Hi,
 
I am = new the CANSLIM=20 methodology. I am trying to branch away from my old way of thinking = (value=20 investing) because it was simply not working out for me. =
 
I = would like to know=20 what is your take on E-Loans (EELN). This stock has been making = explosive=20 earnings for the past 7 quarters but yet fell for two consecutive days = on high=20 volume.
 
Thanks
Yien
- ------=_NextPart_000_0010_01C35307.5B989A70-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Fri, 25 Jul 2003 23:54:35 -0400 From: Hong Hsu Subject: Re: [CANSLIM] Another mystery plunge DMC, Thank you very much for taking your time to comment OSTE. After read your message twice, I am not so sure I am convinced. Here are the reasons: "It was making fairly short, squat candlestick forms in the last run up to $16.30 as volume was tailing off." Are you refer price up run on 7/11? If it is correct, then do you suggest that there will be selloff after price run up for 19% in 4 days? Take an example, in May RRI run up 9 days out of 12 days for 31% without volume support. There was no selloff. " ...$14-15.50 area. This indicates possible support at this level, but also a lot of shares changing hands. Profit taking." You are right every time a stock went to new high, it will be profit taking. However profit taking doesn't explain today's selloff. Selloff is totally different from profit because after that in most case the stock will not recovery in months. "RSI was clearly tiring last month and forming a big negative divergence with the price action; bearish." I am not sure the parameters you are using. I use 6-3. "the overall market is incredibly topsy here," Do you imply that selloff was caused by today's market? I saw KYPH up 24% today in same medical equip group. others like NSIT up 31%, THER 28%, SMMX 19% and PCLN 26%. If today is 9/11, then your point holds truth. As I mentioned, it probably has similar reason as AKSY today. Thanks again and good night, - -Hong - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Sat, 26 Jul 2003 00:08:43 -0400 From: Hong Hsu Subject: Re: [CANSLIM] Another mystery plunge Karen White wrote: > And what about BSTE... their results looked great to me and I cant > find the downside. Not only that but I am enamored with medical > products... any insite before I do a no-no and buy more on a down > draft that I dont underestand? Thanks, Karen > At 12:12 PM 7/25/2003 -0400, Hong Hsu wrote: > BSTE daily chart tells a lot of problems: 7/8 exhausition gap on the top of previous exhausition gap. 7/14 inverted hammer 7/22 doji If a stock has one of above, you may consider to sell. Now it has all of three! I own BSTE twice. first period was in last December. Second time was middle of March. - -Hong - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Fri, 25 Jul 2003 23:31:26 -0700 From: "DMC197807" Subject: Re: [CANSLIM] Extrapolation Hong, I think my meaning was pretty clear, and not meant for extrapolation or further suggestions. When the stock started failing to continue higher on a consistent path and began to break its own trendlines, it would have been prudent to take profits or to set tighter stops. I don't try to explain selloffs, I try to stay out of their way. I also don't try to predict tops or bottoms, it's a useless errand. I simply look for hints as to whether or not the trend in the stock can continue. When I say the market is incredibly topsy, I'm referring to the indicators I mentioned before (VIX, etc.), not trying to explain why a certain stock got/gets/will get hammered on a certain day. It is simply a very difficult environment to maintain any long positions, it is the M of CANSLIM. As for RRI in May, I'm happy enough to have bought and sold at the following levels: (purchases around 11/5/02, sales 1/21/03) purch./ sale 1.73 4.31 1.81 4.40 1.85 4.42 2.41 4.47 (purchases around 1/30~2/5/03, sales 7/1/03): 3.80 6.25 3.73 6.23 4.07 6.19 I can't go through the exact thoughts at the time, and I could have timed the sales better (been more nimble) but it was the basic idea that the stock at the time was showing that it was unable to continue rising. If I had paid more attention I would have exited a few days earlier in January and a week earlier than July 1. If I had owned OSTE for the past few weeks I think I might have had similar thoughts, but I might have been a day late as well. Each of us is free to apply indicators and wisdom as he/she wishes. DMC - ----- Original Message ----- From: "Hong Hsu" To: Sent: Friday, July 25, 2003 8:54 PM Subject: Re: [CANSLIM] Another mystery plunge > DMC, > > Thank you very much for taking your time to comment OSTE. After > read your message twice, I am not so sure I am convinced. Here are the > reasons: > > "It was making fairly short, squat candlestick forms in the last run up to $16.30 as volume was tailing off." > > Are you refer price up run on 7/11? If it is correct, then do you > suggest that there will be selloff after price run up for 19% in 4 days? > Take an example, in May RRI run up 9 days out of 12 days for 31% > without volume support. There was no selloff. > > " ...$14-15.50 area. This indicates possible support at this level, but also a lot of shares changing hands. Profit taking." > > You are right every time a stock went to new high, it will be profit > taking. However profit taking doesn't explain today's selloff. Selloff > is totally different from profit because after that in most case the > stock will not recovery in months. > > > "RSI was clearly tiring last month and forming a big negative divergence with the price action; bearish." > > I am not sure the parameters you are using. I use 6-3. > > > "the overall market is incredibly topsy here," > > > Do you imply that selloff was caused by today's market? I saw KYPH up > 24% today in same medical equip group. others like NSIT up 31%, THER > 28%, SMMX 19% and PCLN 26%. If today is 9/11, then your point holds > truth. > As I mentioned, it probably has similar reason as AKSY today. > > Thanks again and good night, > -Hong > > > > > - > -To subscribe/unsubscribe, email "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your email. - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Sat, 26 Jul 2003 21:46:57 +0900 From: Simon MacMahon Subject: Re: [CANSLIM]EELN - --Apple-Mail-4--687960889 Content-Transfer-Encoding: quoted-printable Content-Type: text/plain; charset=ISO-8859-1; format=flowed > One of the things I noticed when I was looking at EELN myself is the=20= > relatively high debt to equity ratio. Perhaps this is normal for a=20 > lending company. I wasn`t sure and this kept me out. The other=20 > fundamentals do look good. I don`t know why it fell so sharply over=20= > the past couple of days. > Hi, > =A0 > I am new the CANSLIM methodology. I am trying to branch away from my=20= > old way of thinking (value investing) because it was simply not=20 > working out for me. > =A0 > I would like to know what is your take on E-Loans (EELN). This stock=20= > has been making explosive earnings for the past 7 quarters but yet=20 > fell for two consecutive days on high volume. > =A0 > Thanks > Yien - --Apple-Mail-4--687960889 Content-Transfer-Encoding: quoted-printable Content-Type: text/enriched; charset=ISO-8859-1 ArialOne of the things I noticed when I was looking at EELN myself is the relatively high debt to equity ratio. Perhaps this is normal for a lending company. I wasn`t sure and this kept me out. The other fundamentals do look good. I don`t know why it fell so sharply over the past couple of days. = ArialHi, =A0 ArialI am new the CANSLIM methodology. I am trying to branch away from my old way of thinking (value investing) because it was simply not working out for = me. =A0 ArialI would like to know what is your take on E-Loans (EELN). This stock has been making explosive earnings for the past 7 quarters but yet fell for two consecutive days on high volume. =A0 ArialThanks ArialYien = - --Apple-Mail-4--687960889-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Sat, 26 Jul 2003 09:50:49 -0500 From: "Ron Brown" Subject: RE: [CANSLIM]EELN This is a multi-part message in MIME format. - ------=_NextPart_000_007D_01C3535B.64FC6DE0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: 7bit MessageHi Yien, As mortgage interest rates began to creep up, stocks in the mortgage refinancing business sold off hard. EELN belongs to this group and sector as does LEND, NTBK and several others. The perception is that the mortgage refinancing business will slow, and therefore, profits will fall for these businesses. EELN sold off hard for two days in a row, first on the uptick in mortgage rates, and then because of an underperform by an investment banking analyst. Fundamentally, EELN is a great stock, but technically it is a broken stock, at least for now. Management did lift guidance for the year, so we shall see if magagment has a better feel for their own business than an analyst for an investment banking firm. I my be a cynic, but the analyst probably had his clients dump their stock before he issued the warning, and then bought back in after EELN collapsed 50% from its high. EELN has a float of 32 millon shares, and around 20 million of those shares traded during the past two days. It is possible that most of the sellers are now out of it, and if so, it should begin to rebase here. Ron -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of Lung Yien The Sent: Friday, July 25, 2003 10:49 PM To: CANSLIM@lists.xmission.com Subject: [CANSLIM]EELN Hi, I am new the CANSLIM methodology. I am trying to branch away from my old way of thinking (value investing) because it was simply not working out for me. I would like to know what is your take on E-Loans (EELN). This stock has been making explosive earnings for the past 7 quarters but yet fell for two consecutive days on high volume. Thanks Yien - ------=_NextPart_000_007D_01C3535B.64FC6DE0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Message
Hi=20 Yien,
 
As=20 mortgage interest rates began to creep up, stocks in the mortgage=20 refinancing business sold off hard.  EELN belongs to this group and = sector=20 as does LEND, NTBK and several others. 
 
The=20 perception is that the mortgage refinancing business will slow, and = therefore,=20 profits will fall for these businesses.  EELN sold off hard for two = days in=20 a row, first on the uptick in mortgage rates, and then because of an=20 underperform by an investment banking analyst.
 
Fundamentally, EELN is a great stock, but technically it is a = broken=20 stock, at least for now.  Management did lift guidance for the = year,=20 so we shall see if magagment has a better feel for their own business = than an=20 analyst for an investment banking firm.
 
I my=20 be a cynic, but the analyst probably had his clients dump their stock = before he=20 issued the warning, and then bought back in after EELN collapsed 50% = from its=20 high.  EELN has a float of 32 millon shares, and around 20 million = of those=20 shares traded during the past two days.  It is possible that most = of the=20 sellers are now out of it, and if so, it should begin to rebase=20 here.
 
Ron
 
 -----Original=20 Message-----
From: owner-canslim@lists.xmission.com=20 [mailto:owner-canslim@lists.xmission.com]On Behalf Of Lung Yien=20 The
Sent: Friday, July 25, 2003 10:49 PM
To:=20 CANSLIM@lists.xmission.com
Subject:=20 [CANSLIM]EELN

Hi,
 
I am = new the=20 CANSLIM methodology. I am trying to branch away from my old way of = thinking=20 (value investing) because it was simply not working out for me.=20
 
I = would like to=20 know what is your take on E-Loans (EELN). This stock has been making = explosive=20 earnings for the past 7 quarters but yet fell for two consecutive days = on high=20 volume.
 
Thanks
Yien
- ------=_NextPart_000_007D_01C3535B.64FC6DE0-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Sat, 26 Jul 2003 17:15:13 -0500 From: "Gene Ricci" Subject: Re: [CANSLIM]EELN This is a multi-part message in MIME format. - ------=_NextPart_000_0471_01C35399.79E21FF0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable MessageHi Yien, check out Ron Brown's (HGSI) report for his thoughts on = EELN: http://www.highgrowthstock.com/WeeklyReports/rpt/20030726.pdf Gene -----Original Message----- From: owner-canslim@lists.xmission.com = [mailto:owner-canslim@lists.xmission.com]On Behalf Of Lung Yien The Sent: Friday, July 25, 2003 10:49 PM To: CANSLIM@lists.xmission.com Subject: [CANSLIM]EELN Hi, I am new the CANSLIM methodology. I am trying to branch away from my = old way of thinking (value investing) because it was simply not working = out for me.=20 I would like to know what is your take on E-Loans (EELN). This stock = has been making explosive earnings for the past 7 quarters but yet fell = for two consecutive days on high volume.=20 Thanks Yien - ------=_NextPart_000_0471_01C35399.79E21FF0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Message
Hi Yien, check out Ron Brown's = (HGSI) report=20 for his thoughts on EELN:

http://www.highgrowthstock.com/WeeklyReports/rpt/20030726.pdf
 
Gene
 
 
 
 -----Original = Message-----
From:=20 owner-canslim@lists.xmission.com = [mailto:owner-canslim@lists.xmission.com]On=20 Behalf Of Lung Yien The
Sent: Friday, July 25, 2003 10:49=20 PM
To: CANSLIM@lists.xmission.com
Subject:=20 [CANSLIM]EELN

Hi,
 
I = am new the=20 CANSLIM methodology. I am trying to branch away from my old way of = thinking=20 (value investing) because it was simply not working out for me.=20
 
I = would like to=20 know what is your take on E-Loans (EELN). This stock has been making = explosive earnings for the past 7 quarters but yet fell for two = consecutive=20 days on high volume.
 
Thanks
Yien
= - ------=_NextPart_000_0471_01C35399.79E21FF0-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Sat, 26 Jul 2003 21:30:18 -0400 From: Hong Hsu Subject: Re: [CANSLIM] Extrapolation DMC, Thanks for detailed explanation. I am new to the group and thought this group is for CANSLIM approach discussion. Now I know at least certain percentage people do not apply the CANSLIM. Just a couple of question. When you bought RRI around 2/1/2003, what convince you to hold 6 weeks without its breakout as it was VERY long time with my view? Secondly when RRI plunged 23.75% on 3/26, did you think it was noise? If not, what let you decided to hold it? Thanks again, - -Hong - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Sat, 26 Jul 2003 20:30:06 -0500 From: "Gene Ricci" Subject: [CANSLIM] HITK This is a multi-part message in MIME format. - ------=_NextPart_000_06F8_01C353B4.B31F56A0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable MessageIf you still own HITK there may be a light in the tunnel. Change = Wave (Tobin Smith) sent an alert to his 300,000 (?) subscribers to buy = HITK on 7/25. Looking at the chart shows that the price dropped down and = stabilized at its 200-day moving average at $23.14 before bouncing = higher. It closed at $24.88 on 7/25. Other than a possible shortfall = because of seasonal cough medicine sales I couldn't find any other bad = news. Anyone know of any other issues? Thanks, Gene I was forwarded the following; A price under $25 is a great entry point for this dual generic/diabetes play -- forget the noise from the momentum buyers-turned-sellers. They were cleaned out with the huge volume sales, so now it's time to build or add to your positions to get to a $25 cost basis. I still think we can hold on for a $50 value at the end of 2004 on $2 per share earnings in 2004. Let's lower the buy under for HITK to $25. - ------=_NextPart_000_06F8_01C353B4.B31F56A0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Message
If=20 you still own HITK there may be a light in the tunnel. Change Wave = (Tobin Smith)=20 sent an alert to his 300,000 (?) subscribers to buy HITK on = 7/25.=20 Looking at the chart shows that = the=20 price dropped down and stabilized at its 200-day moving average at = $23.14=20 before bouncing higher. It closed at $24.88 on 7/25. Other than a = possible=20 shortfall  because of seasonal cough medicine sales I couldn't find = any=20 other bad news. Anyone know of any other=20 issues?
 
Thanks,
Gene
 
I was forwarded the=20 following;
 
A price under $25 is a great = entry point=20 for this dual
generic/diabetes play -- forget the noise from the=20 momentum
buyers-turned-sellers. They were cleaned out with the huge=20 volume
sales, so now it's time to build or add to your positions to = get=20 to
a $25 cost basis. I still think we can hold on for a $50 value = at
the=20 end of 2004 on $2 per share earnings in 2004.

Let's = lower the=20 buy under for HITK to $25.
 
 
- ------=_NextPart_000_06F8_01C353B4.B31F56A0-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Sat, 26 Jul 2003 20:25:43 -0700 From: "DMC197807" Subject: Re: [CANSLIM] Extrapolation Hong, 1. On Topic. I wonder as I look at CANSLIM, whether or not some people think one or two of the elements are inapplicable. To me, in particular, the no. of outstanding shares (the S of MILSCAN) may or may not be very valuable. I agree, you should screen out the companies which have so many shares outstanding (the CSCOs, ORCLs, MSFTs of the world) that it would take a huge move to move their stocks, but I'd rather have an investment/speculation in a stock with 200 million shares outstanding than one with 10 million shares. Also, the I, the institutional sponsorship. You want some but not too many? I don't know how you screen for that, or whether it's all that important. It would seem to be the chart will tell you. Anyone else think this acronym could be shortened? OT-- Off Topic Yes, I'm looking into CANSLIM as a further development of TA generally, but mostly as an interesting way to scan for investment candidates. RRI was not a CANSLIM (I call them MILSCAN) play, but a technical play based on a belief that the risk/reward ratio was incredibly skewed toward those who were willing to take the risk of an RRI bankruptcy. I thought (and still think) that the stock will be a $15 stock one day (my FA minded colleagues tell me that). Back in March, just as RRI faced another refinancing deadline as I recall FERC issued a nasty report and whacked the stock. It was too late to dump so I just held (I should have added--this ain't canslim, after all). http://www.ferc.gov/news/pressreleases/report3-26x.pdf Also, we had quite a discussion going on RRI over at SI around this time, you can read about 50 messages or so beginning about here if you're interested. http://www.siliconinvestor.com/stocktalk/msg.gsp?msgid=18756489 In this case I didn't have stop loss orders in and the stock moved too quickly. DMC - ----- Original Message ----- From: "Hong Hsu" To: Sent: Saturday, July 26, 2003 6:30 PM Subject: Re: [CANSLIM] Extrapolation > DMC, > > Thanks for detailed explanation. I am new to the group and thought > this group is for CANSLIM approach discussion. Now I know at least > certain percentage people do not apply the CANSLIM. > > Just a couple of question. When you bought RRI around 2/1/2003, what > convince you to hold 6 weeks without its breakout as it was VERY long > time with my view? Secondly when RRI plunged 23.75% on 3/26, did you > think it was noise? If not, what let you decided to hold it? > > Thanks again, > -Hong > > > > > > - > -To subscribe/unsubscribe, email "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your email. - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Sat, 26 Jul 2003 20:35:38 -0700 From: "DMC197807" Subject: Re: [CANSLIM] HITK This is a multi-part message in MIME format. - ------=_NextPart_000_0042_01C353B5.7987E140 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable MessageTechnically your risk/reward on this name would be skewed toward = risk at this point. The chart shows no stopping yet, volume is still = high and the daily patterns are bearish. The price dropped right = through the 200 day EMA (25.85), is below any support on the daily = (there looks like some support at $20 on the weekly). If $20 holds, = who's interested in buying for a quick off the bat 20% loss? I don't actually see why $20 should hold for more than a pause, anyway. = To me there's no sense in looking for "bad news," it's all in the chart = right now. JMHO,=20 DMC ----- Original Message -----=20 From: Gene Ricci=20 To: canslim@lists.xmission.com=20 Sent: Saturday, July 26, 2003 6:30 PM Subject: [CANSLIM] HITK If you still own HITK there may be a light in the tunnel. Change Wave = (Tobin Smith) sent an alert to his 300,000 (?) subscribers to buy HITK = on 7/25. Looking at the chart shows that the price dropped down and = stabilized at its 200-day moving average at $23.14 before bouncing = higher. It closed at $24.88 on 7/25. Other than a possible shortfall = because of seasonal cough medicine sales I couldn't find any other bad = news. Anyone know of any other issues? Thanks, Gene I was forwarded the following; A price under $25 is a great entry point for this dual generic/diabetes play -- forget the noise from the momentum buyers-turned-sellers. They were cleaned out with the huge volume sales, so now it's time to build or add to your positions to get to a $25 cost basis. I still think we can hold on for a $50 value at the end of 2004 on $2 per share earnings in 2004. Let's lower the buy under for HITK to $25. - ------=_NextPart_000_0042_01C353B5.7987E140 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Message
Technically your risk/reward on this = name would be=20 skewed toward risk at this point.  The chart shows no stopping yet, = volume=20 is still high and the daily patterns are bearish.  The price = dropped right=20 through the 200 day EMA (25.85), is below any support on the daily = (there looks=20 like some support at $20 on the weekly).  If $20 holds, who's = interested in=20 buying for a quick off the bat 20% loss?
 
I don't actually see why $20 should = hold for more=20 than a pause, anyway.  To me there's no sense in looking for "bad = news,"=20 it's all in the chart right now.
 
JMHO,
 
DMC
 
 
 
----- Original Message -----
From:=20 Gene = Ricci
Sent: Saturday, July 26, 2003 = 6:30=20 PM
Subject: [CANSLIM] HITK

If=20 you still own HITK there may be a light in the tunnel. Change Wave = (Tobin=20 Smith) sent an alert to his 300,000 (?) subscribers to buy = HITK on=20 7/25. Looking at the chart shows = that the=20 price dropped down and stabilized at its 200-day moving average = at $23.14=20 before bouncing higher. It closed at $24.88 on 7/25. Other than a = possible shortfall  because of seasonal cough medicine sales I = couldn't=20 find any other bad news. Anyone know of any other=20 issues?
 
Thanks,
Gene
 
I was forwarded the=20 following;
 
A price under $25 is a great = entry=20 point for this dual
generic/diabetes play -- forget the noise from = the=20 momentum
buyers-turned-sellers. They were cleaned out with the huge = volume
sales, so now it's time to build or add to your positions to = get=20 to
a $25 cost basis. I still think we can hold on for a $50 value = at
the=20 end of 2004 on $2 per share earnings in 2004.

Let's = lower the=20 buy under for HITK to $25.
 
 
- ------=_NextPart_000_0042_01C353B5.7987E140-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Sun, 27 Jul 2003 11:47:51 -0400 From: "Pete" Subject: [CANSLIM] Big Gain vs Many little gains? This is a multi-part message in MIME format. - ------=_NextPart_000_0006_01C35434.E8B11DA0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable MessageI'm constantly struggling with the issue of holding on hoping I = have the next CSCO/MSFT/AMZN vs taking a lot of gains in the 20%-50% = area. I had a broker that made me a lot of money taking 20% gains in = 2000 vs holding on. My post analysis showed that only one or two stocks = would have done better but holding on got me into new opportunities = instead of waiting for a loss or a slightly better gain. I'd like to = hear some other experiences. I get the impression IBD will sell these = stocks at the top and buy them back if they breakout again. Peter - ------=_NextPart_000_0006_01C35434.E8B11DA0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Message
I'm constantly struggling with the = issue of holding=20 on hoping I have the next CSCO/MSFT/AMZN vs taking a lot of gains in the = 20%-50%=20 area.  I had a broker that made me a lot of money taking 20% gains = in 2000=20 vs holding on.  My post analysis showed that only one or two stocks = would=20 have done better but holding on got me into new opportunities instead of = waiting=20 for a loss or a slightly better gain.  I'd like to hear some other=20 experiences.   I get the impression IBD will sell these stocks = at the=20 top and buy them back if they breakout again.
Peter
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