View Full Version : ZVUE (nasdaq) - more upside possible?
mystiky
11-30-2006, 12:37 AM
ZVUE has certainly had great couple of weeks. I was watching it runup from $2 to $7.50. By the time I tried shorting some (around $7), there were no more shares. I really thought that this would be a 3-5 day wonder and would slowly "crawl back" to the $2-$3 levels.
Well, now it looks to me like ZVUE wants "higher" and quite possibly revisit the $7.50+ level, if not higher. I also noticed that ZVUE is now almost impossible to borrow and it has landed itself on the Nasdaq "Naked Shorting" reg SHO list. The float here is around 6 million shares on ZVUE. Volume has been higher on the upside.
I have always been afraid of the "buy high and sell higher" theory, but lately I have learned that there is nothing wrong with that.
Here is a compilation chart of whats going on. I think that there is strong support around $5.
http://stockcharts.com/charts/gallery.html?zvue
As always, would love to hear opinions from others on my ZVUE thoughts. :eek:
ZVUE has certainly had great couple of weeks. I was watching it runup from $2 to $7.50. By the time I tried shorting some (around $7), there were no more shares. I really thought that this would be a 3-5 day wonder and would slowly "crawl back" to the $2-$3 levels.
Well, now it looks to me like ZVUE wants "higher" and quite possibly revisit the $7.50+ level, if not higher. I also noticed that ZVUE is now almost impossible to borrow and it has landed itself on the Nasdaq "Naked Shorting" reg SHO list. The float here is around 6 million shares on ZVUE. Volume has been higher on the upside.
I have always been afraid of the "buy high and sell higher" theory, but lately I have learned that there is nothing wrong with that.
Here is a compilation chart of whats going on. I think that there is strong support around $5.
http://stockcharts.com/charts/gallery.html?zvue
As always, would love to hear opinions from others on my ZVUE thoughts. :eek:
Who needs it???
ZVUE's ZP3, the new definition of boringDAP http://wireless.engadget.com/2006/11/08/zvues-zp3-the-new-definition-of-boringdap/
jiesen
11-30-2006, 05:06 AM
Who needs it???
ZVUE's ZP3, the new definition of boringDAP http://wireless.engadget.com/2006/11/08/zvues-zp3-the-new-definition-of-boringdap/
true. these things are becoming so cheap there's really no money left to be made. I just bought 3 MP3 players (2GB capacity) for around $20 each off the shelf in Osaka.
mystiky
11-30-2006, 09:26 AM
true. these things are becoming so cheap there's really no money left to be made. I just bought 3 MP3 players (2GB capacity) for around $20 each off the shelf in Osaka.
Since does a chartist care about what the company does? I was only asking about the chart. :)
Also, if you read the news releases, you will find out that ZVUE also boughts dorks.com, which is like youtube / break.com
New-born baby
11-30-2006, 09:47 AM
ZVUE has certainly had great couple of weeks. I was watching it runup from $2 to $7.50. By the time I tried shorting some (around $7), there were no more shares. I really thought that this would be a 3-5 day wonder and would slowly "crawl back" to the $2-$3 levels.
Well, now it looks to me like ZVUE wants "higher" and quite possibly revisit the $7.50+ level, if not higher. I also noticed that ZVUE is now almost impossible to borrow and it has landed itself on the Nasdaq "Naked Shorting" reg SHO list. The float here is around 6 million shares on ZVUE. Volume has been higher on the upside.
I have always been afraid of the "buy high and sell higher" theory, but lately I have learned that there is nothing wrong with that.
Here is a compilation chart of whats going on. I think that there is strong support around $5.
http://stockcharts.com/charts/gallery.html?zvue
As always, would love to hear opinions from others on my ZVUE thoughts. :eek:
The chart is bullish, bullish, bullish! The chart doesn't lie. That bullflag signals a climb to $19+. Buy the chart, sell the rest.
Doesn't help much that Cramer bashed this company FWIW
mystiky
11-30-2006, 01:52 PM
Doesn't help much that Cramer bashed this company FWIW
When did he bash it? Cramer is not allowed or never talks about stocks which have a marketcap of under 100 million. You have probably mistake his rage about the ZUNE (Microsoft player).
ZVUE marketcap is only 42 million.
When did he bash it? Cramer is not allowed or never talks about stocks which have a marketcap of under 100 million. You have probably mistake his rage about the ZUNE (Microsoft player).
ZVUE marketcap is only 42 million.
Actually I didn't hear it...But some guy posted that on another forum...Maybe he was mistaken???...Doug
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