Stenzrob's specials

[bec1nj]

Congrats

Stenzrob-Just wanted to congratulate you from a reformed and humble admirer.
Bruce

[stenzrob]

Thanks Dr. Bruce.

[bec1nj]

Prft

I am rooting for you, Stenzrob, as the company is run it looks like by some young, really smart professionals. Nice research and continued best of success.
Dr. B (Bruce)

[stenzrob]

PRFT just came back onto my screen. After being dropped from the screen due to the price advance making the price/sales above 3.0, it has returned to the list. Rapidly growing revenues with good margins, increased average trading volume on 6 month relative strength of 99. It hasn't looked like a momentum stock for the last several weeks, but a longer time frame shows a different picture.

Chart looks like a "flag" to me - see http://stockcharts.com/education/Cha...agPennant.html

A cooperative market turn (having suffered enough downtime in January), combined with a good earnings report on 2 Feb, could send PRFT flying past $10 in a hurry.

[bec1nj]

Prft

Good luck on the February 2 earnings report and conference call, stenzrob.

[stenzrob]

Good luck on the February 2 earnings report and conference call, stenzrob.

Thanks Bruce. I need PRFT to really cook to make up for the SWIR fiasco.

[Thomrich]

Greetings Stenzrob,
I feel for ya with SWIR,Spike save me on that.It looks like PRFT may balance it out for you.I checked short data on SWIR,and it increased substantially Dec.-Jan,while the price dropped,its looks suspicious to me.Class action suits on the way?

BTW did you see CRIO got bought out at 2.82 per share by IBM.Spike liked the chart back in Nov at 1.50,I should have listened.

cordially Tom

[stenzrob]

Greetings Stenzrob,
I feel for ya with SWIR,Spike save me on that.It looks like PRFT may balance it out for you.I checked short data on SWIR,and it increased substantially Dec.-Jan,while the price dropped,its looks suspicious to me.Class action suits on the way?

BTW did you see CRIO got bought out at 2.82 per share by IBM.Spike liked the chart back in Nov at 1.50,I should have listened.

cordially Tom

Hey tom, Nice to hear from you.

I did notice about the CRIO buyout. I played that one from June through October 2003, first buying at $1.60 and last selling at $3. I missed the later run to $4.50, but also missed the fall to just over $1. The buyout price is still less than where I sold out of it.

If there's a class action suit on SWIR, I'll sign up. The guidance for the next quarter was so totally out of line with previous statements, and strong selling preceding the announcement, somebody should pay me back! Mea culpa, though, for not taking the loss earlier on the technical weakness.

I bought SWIR for just under $20 in November, sold it after hours yesterday for $9.85. Better than where it is now, and much better than where it's going. Sometimes it's best to just admit the mistake, take the loss, and move on. No point in wishin' and hopin'.

regards ... stenz

[stenzrob]

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[ChrisZXWJ]

hmm...got quiet here. how come?

[jiesen]

everyone's still trying to catch their breath... wow, what a roller coaster ride this week has been!

[stenzrob]

I've been quiet for two reasons - out of town a few times on business, and I haven't been trading. I've run my screen a few times, haven't seen anything new that really gets me juiced, although I am watching SYXI and NTGR. Meanwhile, I continue to hold a very large position in PRFT. PRFT is currently 137% of my cash account and 48% of my IRA. To heck with diversification - I can't find anything not to like and have placed my bet. I will lighten up on it if and when they make a mistake.

[stenzrob]

I've been quiet for two reasons - out of town a few times on business, and I haven't been trading. I've run my screen a few times, haven't seen anything new that really gets me juiced, although I am watching SYXI and NTGR. Meanwhile, I continue to hold a very large position in PRFT. PRFT is currently 137% of my cash account and 48% of my IRA. To heck with diversification - I can't find anything not to like and have placed my bet. I will lighten up on it if and when they make a mistake.

OK, so I lied. Just to play around, I sold 20% of my PRFT position today at $7.94, since it looked like it wasn't breaking through the $8 barrier this week. I have an order in to get those shares back at $7.30, which is a guess at where the lower trendline will be as this gem circles around for another assault on the gates.

[bec1nj]

Update

Glad to hear all is going well in Cherry Hill, stenzrob, and I am rooting for your PRFT!

Dr. Bruce

[ParkTwain]

I'm liking the PRFT chart also for a specific reason. Take a look at this 6-month chart that also shows the Wilder DMI plots.

http://stockcharts.com/def/servlet/SC.web?c=PRFT,uu[h,a]daolyyay[dc][pb50!b200][vc60][iUb14!Ll14]&pref=G

Notice that the -DI line (red) is never moving above 20 level. This is very bullish sign. There are no sellers of this stock, so the price is being supported and it jumps up every time the buyers show up. The sellers are IN CHARGE of this stock!

I saw this pattern also with RIV over the last 4 to 5 months.