Here are a couple of charts that were requested by Ryan. COGT has broken down since the last time I posted about it. (The joy of earnings reports!) It looks ready for another leg down.
Chart Request: Armor Holdings (AH) and Cogent (COGT)
2 Comments
Essential Reading
This work is licensed under a Creative Commons Attribution - Noncommercial - No Derivative Works 3.0 License.
- Even if you don't have perfect credit, you may be eligible for a $500 payday loan. Apply today and receive cash advance by the next day, all via the Internet
hey mike,
the analysis is great. AH always puzzled me because the fundamentals look quite good, and my theory is that the big mid-Februrary drop was due to some heavy selling by institutional holders. I see where you're going, but I think that it'll be a good medium term hold--almost everything about the company itself looks good.
COGT is a different beast. I bought it when it was relatively high in Mid Februrary as well and thought, from a look at the chart and other factors, that it was going to go up further. Then after the earnings announcement, it dropped about 15%, and has hovered around that level since then. i can't for the life of me figure out why, though.
interesting blog, great analysis. I recommend your site to all my friends here who are also in columbia; as students of the market, sites like yours are hard to come by!
Regarding your Watchlist.
Since your looking for a long in Nvidia, have you checked ATI Tech. chart? (ATYT - NASDAQ)
Its looks better for longs in the short term while Nvidia is still maybe a little overbought.
Great blog you've got here!