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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:

IIC
11-30-2006, 12:56 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:

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.

IIC
11-30-2006, 11:19 AM
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.

IIC
11-30-2006, 06:58 PM
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