posted
OK Amd shares soared after hours yesterday and did not continue this morning. I am still holding at this point and I think the uptrend will continue. My entry was absolutely terrible on this one, bad timing. It seemed to me that the news was of enough stature to start it up and keep going. Guess not. In any case it should rebound back on the uptrend if not tomorrow then by tuesday next week at latest.
CBH was another story. Gapped up and went up pretty much all day long. They are supposed to report earning before market opens on FEB.10. I am sure the earnings will be significantly higher than expected due mainly to huge money from hurricane recovery and FEMA contracts. However I think the runup will be before the earnings are released due to the fact that a competetitor today released earnings that were well above analyst projections. That news from the competitor no doubt had a role in CHBs rise today as well as a good entry point on the technical side as I stated last night.
2,000 mobile homes some of which are much, much more than regular mobile homes from my understanding for a whopping 80,800,000. Wonder what that will look like on the bottom line!!
Looks like I typoed CHB for CBH. It should be CHB. Champion enterprises.
Posts: 539 | From: BIG D | Registered: Apr 2005
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posted
This is what I thought AMD would look like today. Similar results from earning with the exception that AMD was already in an uptrend with a pullback.
Does the market already have the financials factored in for CHB? I personally do not think so. Reporting on Feb. 10, I will hold my shares and we shall see!!! See matrix number 9 in this link.
2,000 mobile homes some of which are much, much more than regular mobile homes from my understanding for a whopping 80,800,000. Wonder what that will look like on the bottom line!!
Posts: 539 | From: BIG D | Registered: Apr 2005
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