Friday, July 10, 2015 12:55 PM EDT
I was thumbing through one of my more obscure watch lists last night while holed up on a rainy Manhattan evening, and I noticed some of the ideas I’ve offered up in months past have really been taking nice tumbles. Such as….Allot Communications (ALLT) which I predicted would go down…….ummm…….."a lot". Heh.
AudioCodes (AUDC) whose shares I could never find to borrow:
And very volatile Harvest Natural Resources (HNR):
The "shape" of so many charts are toppy. These ripping rallies lately have been scary, but the big picture seems to suggest that big stocks (like AAPL) and obscure stocks (like those above) are really starting to succumb to the forces of gravity.
This blog is not, and have never been, investment advice. It is a place that allows me to express my own views on the market and specific securities – as well as make whatever cultural ...
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This blog is not, and have never been, investment advice. It is a place that allows me to express my own views on the market and specific securities – as well as make whatever cultural observations or other odds and ends strike me as worth writing about. So I take absolutely no responsibility for the losses – or any credit for the gains – you may or may not make from reading this forum. Whether you lose your life savings or make a fortune is entirely up to you and your own skills/luck/fate.
Please note I am the principal of Tim Knight Organization, LLC, a California-registered investment adviser. The content of the postings and investment strategies and discussions provided herein do not necessarily reflect the views, opinions or policies of Tim Knight Organization, LLC and Tim Knight Organization, LLC makes no warranties regarding the accuracy of their content or their completeness.
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