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Upside
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Been recommending CLRK for a while now. It was stuck in a beautiful trading range between 18.00 and 20.00. They're one of the few companies on the forefront of LED lighting technology. They jus recently announced a licensing agreement with Ford. The stock jusmped to 21 on the news and has pulled back slightly to 20.60 or so. I'm looking for the 30's by mid to late summer with ample trading opportunities on the way.
Posts: 5729 | From: Wisconsin | Registered: Sep 2003  |  IP: Logged | Report this post to a Moderator
fourseven
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Fundamentally, this one makes sense. LEDs are going to be everywhere in the future. Corny as that sounds [Smile]

Looking at the chart, I see strong support around 17.25, another congestion zone around 19.30, and immediate resistance around 21.75 ..

As for course of action.. I'd wait to see whether it dips back down (it would be good to buy near the bottom of the trading range) or challenges the resistance succesfully. A break through 22.90 on strong volume would be a bullish thing.

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the market is not your mother

Posts: 1282 | From: Montreal | Registered: Mar 2006  |  IP: Logged | Report this post to a Moderator
fourseven
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Oh.. and another one like it is PANL

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the market is not your mother

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Free Muney
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panl had a good day today...

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Contrarian views always appreciated.... :p

Posts: 361 | From: Portland, Oregon | Registered: Jun 2006  |  IP: Logged | Report this post to a Moderator
Upside
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CLRK having a nice little run today. Can't find any news to attribute it to.
Posts: 5729 | From: Wisconsin | Registered: Sep 2003  |  IP: Logged | Report this post to a Moderator
Upside
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Another good day today with no news. Wish I knew what was up.
Posts: 5729 | From: Wisconsin | Registered: Sep 2003  |  IP: Logged | Report this post to a Moderator
glassman
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maybe the details of this are slowly leaking out?


Color Kinetics licenses auto lighting patents to Ford Motor
By Eamon Beltran
Last Update: 8:38 AM ET Apr 4, 2007

Financial terms of the global agreement weren't disclosed.
Color Kinetics, Boston, said Wednesday Ford may use Color Kinetics' color-controllable lighting in any of the automaker's branded or affiliate vehicles.


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Don't envy the happiness of those who live in a fool's paradise.

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Upside
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Could be Glass. If a slow leak is causing this reaction, then I want to see the spigot turned wide open! [Big Grin]
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Upside
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Being bought out by Philips Electronics for 34.00 per share cash. Don't know if I'm all that happy about it. It'll be a nice payday but I beleived that the stock would go much higher over time. Plus it was a great "stair-step" trading stock.
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Bazooka
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good call on this one upside.. glad it worked out for you.
Posts: 166 | From: RI | Registered: Dec 2003  |  IP: Logged | Report this post to a Moderator
   

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