Steckler's Star Studded Stock Picks

ATI a short?

A symmetrical triangle that can't get back above its 50DMA and retraced just under 38.2% of the decline since 5/11. Very low ADX (under 15) and stochastics rolling over from above 80 suggests the next move is lower. The trigger could be when it starts trading below the 20-day EMA (64.35).

Shorting TIE?

Couldn't get back through the 20-day EMA and trading lower today.

CBK worth watching

Symmetrical triangle and extremely low volume today.

Argn

Broke out of a falling flag albeit on light volume.

[IIC]

Med

Now...aren't you glad we missed it???

Stocklemon Reports on Medifast

http://www.stocklemon.com/06_22_06.html

Dang Dave...I sold XING in the contest because of you...But I still have my shares

News came out at 9:50, Doug.

[IIC]

Dang Dave...I sold XING in the contest because of you...But I still have my shares

INTC stalls again

That 50DMA is a bitch to get through.

Don't get your hopes up. The bias is lower and I expect the gap to be closed.

News out that changes my mind on closing the gap:

'COSUN'-Brand Mobile Phone Sales Revenue in 2006 Compared With 2005PR Newswire - June 22, 2006 09:45
-- XING expects a 35% increase in sales revenue for the Group's mobile phone business segment for 2006 compared with 2005 --


HUIZHOU, Guandong, China, June 22, 2006 /Xinhua-PRNewswire via COMTEX/ -- Qiao Xing Universal Telephone, Inc. (Nasdaq: XING) today announced that its subsidiary, Huizhou Qiao Xing Communication Industry, Ltd. (HZQXCI), had recently received from the National Development and Reform Commission of China a manufacturing license for mobile communication terminal products. The last impediment to XING's dual brand mobile phone strategy is now cleared.

Mr. Wu Zhi Zhong, CEO of HZQXCI, said, ''With this license, unrelated to that held by CEC Telecom Co., Ltd. (CECT), another of XING's subsidiaries, comes freedom of action in the development of HZQXCI's mobile phone business. We plan to announce in the upcoming press conference in China the launch of 20 new models of 'COSUN'-brand mobile phone handsets through our well-established distribution network in the China market. We expect revenue from the sale of 'COSUN'-brand handsets for 2006 to double that for 2005.''

Mr. Wu Rui Lin, Chairman of XING, said, ''The overall arrangement for our Group's mobile phone handset business is this: CECT focuses on R&D, production and sales of higher-end products, while HZQXCI develops and sells lower-end and middle-end products. HZQXCI also exports through overseas telecommunication operators and telecommunication terminal retailers such as Wal-Mart. We are currently shipping the USD35 million's worth of orders that we received some time ago from overseas mobile phone operators. The Group's production of mobile phone handsets is located at Huizhou in the Province of Guangdong. Huizhou is one of the most important sites in China for the manufacturing of consumer electronics products. It benefits from the presence of a large number of suppliers, a large pool of skilled and productive workforce, and a regulatory environment favourable to business that the local government provides.

''Both CECT and HZQXCI will continue to emphasize on R&D, from which marketable product innovations flow. CECT has already developed its own 3G mobile phone products and HZQXCI is now cooperating with a major player in the field to develop chips for its 3G mobile phone products.

''XING has been making steady progress towards our medium-term goal of becoming one of the leading local players in the mobile phone handset market in China. We anticipate significant growth in sales revenue of above 35% for the mobile phone handset business in our Group for 2006 compared with 2005

Don't get your hopes up. The bias is lower and I expect the gap to be closed.

[IIC]

So far today. Most likely this is short covering.

(*^$%&(...I knew I shoulda bot more in the 9.70's

XING inside day

So far today. Most likely this is short covering.

any thoughts on ICOC medium term (30-90 days)?...TIA

The chart looks nice, once it gets through the 50DMA. It triple bottomed around 4.15, which happened to be a 50% retracement of the rise between 11/16 and 4/25. One thing that's worrisome is the move the last week was on very light volume.

PSR is only 0.4, which makes it attractive to value buyers. A definite negative is that profitability metrics, valuation ratios, and menagement effectiveness ratios all significantly lag their industry and sector averages.

[Websman]

i guess u 2 are stumped like me
personally i think the market will be down tomorrow but i just flipped a coin lol

I'm being real conservative in my trading...

[ninner]

i guess u 2 are stumped like me
personally i think the market will be down tomorrow but i just flipped a coin lol