Quote:
Originally Posted by StaxBundlez
Stock Market pick for June 15th 2009
STEC, inc. (STEC)
Semi conductor manufacturer that makes ram, and flash memory for defence aero space, and computer networking companies.
Q1-09 EPS: =143%, Sales +25%
Average daily volume: 1.3mil
Market cap: $907million
good luck
&
happy trading
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I'll wait for it to fall even more. The MACD and stochastics for this stock just started to go negative direction. Price for the last week is decrementing as well. Insider trading is just selling off since March. The 5 day Candlestick just hit a tombstone. Finally, the valuation analysis for this stock is below $7.00.
HOWEVER, institutional $$ has been going into this money
. Since the summer is coming up, some of the big money will move away from this stock for a bit causing a dip before some of these fund managers get back from their vacations. hmmm...