Go to Jeff Salisbury LWGate Home Page.From: "DMC197807" <dmc197807@comcast.net>
Subject: Re: [CANSLIM] HITK
Date: Sat, 26 Jul 2003 20:35:38 -0700
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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 <!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> <HTML><HEAD><TITLE>Message</TITLE> <META http-equiv=3DContent-Type content=3D"text/html; = charset=3Diso-8859-1"> <META content=3D"MSHTML 6.00.2719.2200" name=3DGENERATOR> <STYLE></STYLE> </HEAD> <BODY bgColor=3D#ffffff> <DIV><FONT face=3DArial size=3D2>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?</FONT></DIV> <DIV><FONT face=3DArial size=3D2></FONT> </DIV> <DIV><FONT face=3DArial size=3D2>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.</FONT></DIV> <DIV><FONT face=3DArial size=3D2></FONT> </DIV> <DIV><FONT face=3DArial size=3D2>JMHO, </FONT></DIV> <DIV><FONT face=3DArial size=3D2></FONT> </DIV> <DIV><FONT face=3DArial size=3D2>DMC</FONT></DIV> <DIV><FONT face=3DArial size=3D2></FONT> </DIV> <DIV><FONT face=3DArial size=3D2></FONT> </DIV> <DIV><FONT face=3DArial size=3D2></FONT> </DIV> <BLOCKQUOTE dir=3Dltr=20 style=3D"PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; = BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px"> <DIV style=3D"FONT: 10pt arial">----- Original Message ----- </DIV> <DIV=20 style=3D"BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: = black"><B>From:</B>=20 <A title=3Dgenr@swbell.net href=3D"mailto:genr@swbell.net">Gene = Ricci</A> </DIV> <DIV style=3D"FONT: 10pt arial"><B>To:</B> <A = title=3Dcanslim@lists.xmission.com=20 = href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>= </DIV> <DIV style=3D"FONT: 10pt arial"><B>Sent:</B> Saturday, July 26, 2003 = 6:30=20 PM</DIV> <DIV style=3D"FONT: 10pt arial"><B>Subject:</B> [CANSLIM] HITK</DIV> <DIV><BR></DIV> <DIV><SPAN class=3D670474503-26072003><FONT face=3D"Comic Sans = MS"><FONT size=3D4>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. <SPAN class=3D670474503-26072003>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?</SPAN></FONT></FONT></SPAN></DIV> <DIV><SPAN class=3D670474503-26072003><SPAN = class=3D670474503-26072003><FONT=20 face=3D"Comic Sans MS" size=3D4></FONT></SPAN></SPAN> </DIV> <DIV><SPAN class=3D670474503-26072003><SPAN = class=3D670474503-26072003><FONT=20 face=3D"Comic Sans MS" size=3D4>Thanks,</FONT></SPAN></SPAN></DIV> <DIV><SPAN class=3D670474503-26072003><SPAN = class=3D670474503-26072003><FONT=20 face=3D"Comic Sans MS" size=3D4>Gene</FONT></SPAN></DIV> <DIV><SPAN class=3D670474503-26072003><FONT face=3D"Comic Sans MS"=20 size=3D4></FONT></SPAN> </DIV> <DIV><FONT face=3D"Comic Sans MS" size=3D4>I was forwarded the=20 following;</FONT></SPAN></DIV> <DIV><SPAN class=3D670474503-26072003><FONT face=3DArial=20 size=3D2></FONT></SPAN> </DIV> <DIV><SPAN class=3D670474503-26072003><EM>A price under $25 is a great = entry=20 point for this dual<BR>generic/diabetes play -- forget the noise from = the=20 momentum<BR>buyers-turned-sellers. They were cleaned out with the huge = volume<BR>sales, so now it's time to build or add to your positions to = get=20 to<BR>a $25 cost basis. I still think we can hold on for a $50 value = at<BR>the=20 end of 2004 on $2 per share earnings in 2004.<BR></EM><BR><EM>Let's = lower the=20 buy under for HITK to $25.</EM></SPAN></DIV> <DIV><SPAN class=3D670474503-26072003><FONT face=3DArial=20 size=3D2></FONT></SPAN> </DIV> <DIV><SPAN class=3D670474503-26072003><FONT face=3DArial=20 size=3D2></FONT></SPAN> </DIV></BLOCKQUOTE></BODY></HTML> - ------=_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.
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