Go to Jeff Salisbury LWGate Home Page.From: "Gene Ricci" <genr@swbell.net>
Subject: Re: [CANSLIM] HITK
Date: Mon, 28 Jul 2003 09:35:08 -0500
Next Article (by Author): [CANSLIM] Industry Strength "Gene Ricci"
Previous Article (by Author): Re: [CANSLIM] Big Gain vs Many little gains? "Gene Ricci"
Articles sorted by: [Date]
[Author]
[Subject]
This is a multi-part message in MIME format.
- ------=_NextPart_000_034C_01C354EB.88A1F8F0
Content-Type: text/plain;
charset="iso-8859-1"
Content-Transfer-Encoding: quoted-printable
MessageThe power of the newsletter assumes control... up 6% and 1/3 of =
the daily volume already.
Gene
----- Original Message -----=20
From: DMC197807=20
To: canslim@lists.xmission.com=20
Sent: Saturday, July 26, 2003 10:35 PM
Subject: Re: [CANSLIM] HITK
Technically 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_034C_01C354EB.88A1F8F0
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 6.00.2800.1106" name=3DGENERATOR>
<STYLE></STYLE>
</HEAD>
<BODY bgColor=3D#ffffff>
<DIV><FONT face=3D"Comic Sans MS">The power of the newsletter assumes =
control...=20
up 6% and 1/3 of the daily volume already.</FONT></DIV>
<DIV><FONT face=3D"Comic Sans MS"></FONT> </DIV>
<DIV><FONT face=3D"Comic Sans MS">Gene</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=3Ddmc197807@comcast.net=20
href=3D"mailto:dmc197807@comcast.net">DMC197807</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 =
10:35=20
PM</DIV>
<DIV style=3D"FONT: 10pt arial"><B>Subject:</B> Re: [CANSLIM] =
HITK</DIV>
<DIV><BR></DIV>
<DIV><FONT face=3DArial size=3D2>Technically your risk/reward on this =
name would=20
be skewed toward risk at this point. The chart shows no stopping =
yet,=20
volume is still high and the daily patterns are bearish. The =
price=20
dropped right through the 200 day EMA (25.85), is below any support on =
the=20
daily (there looks like some support at $20 on the weekly). If =
$20=20
holds, who's interested in buying for a quick off the bat 20%=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>=
=20
</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=20
size=3D4>If you still own HITK there may be a light in the tunnel. =
Change Wave=20
(Tobin Smith) sent an alert to his 300,000 (?) subscribers =
to buy=20
HITK on 7/25. <SPAN class=3D670474503-26072003>Looking at the =
chart shows=20
that the price dropped down and stabilized at its 200-day =
moving=20
average at $23.14 before bouncing higher. It closed at =
$24.88 on 7/25.=20
Other than a possible shortfall because of seasonal cough =
medicine=20
sales I couldn't 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=20
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 end of 2004 on $2 per share earnings in=20
2004.<BR></EM><BR><EM>Let's lower the buy under for HITK to=20
$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></BLOCKQUOTE></BODY></HTM=
L>
- ------=_NextPart_000_034C_01C354EB.88A1F8F0--
- -
- -To subscribe/unsubscribe, email "majordomo@xmission.com"
- -In the email body, write "subscribe canslim" or
- -"unsubscribe canslim". Do not use quotes in your email.
Next Article (by Author): [CANSLIM] Industry Strength "Gene Ricci"
Previous Article (by Author): Re: [CANSLIM] Big Gain vs Many little gains? "Gene Ricci"
Articles sorted by: [Date]
[Author]
[Subject]