Thursday, January 18, 2007

SCICOM revisited



Volatility again increase, a rise with high volume is a positive signal. This stock now demand high attention form the traders. As i have recommended before, this price is so-called relatively undervalued judging from an unadjusted PE ratio. However, penny stock, particularly MESDAQ stocks, are prone to failure technically or fundamentally. As for those that have followed my previous recommendation, you should consider taking profit in the near term, particularly if the price continue to spike upward due to greed or hope (which i am expecting). Nevertheless, predicting stock prices is ultimately an art more than a science. Traders should make their own decision according to their style of investing.

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