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  1. #1
    Join Date
    Dec 2004
    Posts
    333

    Default ZVUE (nasdaq) - more upside possible?

    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.

  2. #2
    Join Date
    Nov 2003
    Location
    SacTown
    Posts
    14,938

    Default

    Quote Originally Posted by mystiky View Post
    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.
    Who needs it???

    ZVUE's ZP3, the new definition of boringDAP http://wireless.engadget.com/2006/11...-of-boringdap/
    "Trade What Is Happening...Not What You Think Is Gonna Happen"

    Find Tomorrow's Winners At SharpTraders.com

    Follow Me On Twitter

  3. #3
    Join Date
    Sep 2003
    Posts
    4,975

    Thumbs down

    Quote Originally Posted by IIC View Post
    Who needs it???

    ZVUE's ZP3, the new definition of boringDAP http://wireless.engadget.com/2006/11...-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.

  4. #4
    Join Date
    Dec 2004
    Posts
    333

    Default Zvue

    Quote Originally Posted by jiesen View Post
    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

  5. #5
    Join Date
    Apr 2004
    Location
    Monroe, WI
    Posts
    6,091

    Thumbs up

    Quote Originally Posted by mystiky View Post
    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.
    The chart is bullish, bullish, bullish! The chart doesn't lie. That bullflag signals a climb to $19+. Buy the chart, sell the rest.

  6. #6
    Join Date
    Nov 2003
    Location
    SacTown
    Posts
    14,938

    Default

    Doesn't help much that Cramer bashed this company FWIW
    "Trade What Is Happening...Not What You Think Is Gonna Happen"

    Find Tomorrow's Winners At SharpTraders.com

    Follow Me On Twitter

  7. #7
    Join Date
    Dec 2004
    Posts
    333

    Default

    Quote Originally Posted by IIC View Post
    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.

  8. #8
    Join Date
    Nov 2003
    Location
    SacTown
    Posts
    14,938

    Default

    Quote Originally Posted by mystiky View Post
    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
    "Trade What Is Happening...Not What You Think Is Gonna Happen"

    Find Tomorrow's Winners At SharpTraders.com

    Follow Me On Twitter

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