3SOF

good action today

time for another nice big white candle 

Stock is up 12% today!!!  

Do you think this may break $2 (and stay above 2) by the end of the month?

Good luck to all longs!
Jeff

would be nice to see a volume of +4milion like the previous two whites had...

It really looked like MSPD was going to break the $1.81 resistance level when it was up 14%, but unfortunately by the end of the session a wave of selling hit the general market and took MSPD with it.

I'm going to take a small loss in MSPD today. The stock failed again, volume is weaker at each long white candle, so less people (or less money) believes in the break of the resistance level.

Also I've turned bearish on the general market, so I'm willing to unload a good chunk of the 3 Stocks on Fire Portfolio today.

are you out yet?

I know you don't pay attention to much to intraday action, but it looks like MSPD is getting some support at 1,81 at this moment.. so it doesn't look that bad yet..

out:
http://www.3stocksonfire.org/closed_trades.php

Quote from: la-onda on August 25, 2005, 10:01:17 AM
out:
http://www.3stocksonfire.org/closed_trades.php

ok;) .. i was watching the order book and thought; damn randolph is probably out at 1,85 (high) and we're going down..

but untill now MSPD is having some good support around 1,81 / 1,82  .. but also some heavy resistance at 1,84 .. im still in now.. but watching the action to decide what to do.....

still looking good to me - i'm staying in for 2+

Up to 1.96 a couple of minutes ago- will it continue?

im out at 1,91  (was in at 1,67)... volume is to low for me

out at 1.92. i dont like how the volume drops in the afternoon. if i see more volume i might get back in.

Quote from: ncham on August 25, 2005, 02:18:33 PM
out at 1.92. i dont like how the volume drops in the afternoon. if i see more volume i might get back in.

with the volume hardly getting above average, the RSI going into oversold territory and the 200MA coming in (1,98 today) I don't think this will go further up without a consolidation period..

I'll wait for the stock to come down towards 1,63 - 1,65 .. if it does so on lowering volume.. i might pick it back up..

I am still holding this stock from $1.52 (about 6 weeks ago), and I see that it had a print of $2.00 on Friday!  I wish we had more volume, though.  Do any of you think this stock has potential upside into the mid 2's over the next couple weeks, or is it time to sell and get something else?

Thanks,
Jeff

 
Mindspeed(R) Raises Fiscal 2005 Fourth Quarter Outlook
Tuesday September 13, 8:30 am ET 
Company Now Expects to Achieve 8-12 Percent Sequential Revenue Growth


NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Sept. 13, 2005--Mindspeed Technologies Inc. (NASDAQ:MSPD - News), a leading supplier of semiconductor solutions for network infrastructure applications, today announced that it now expects to achieve a sequential revenue increase of 8-12 percent for its fourth quarter of fiscal 2005, ending Sept. 30, compared to the 5-10 percent increase that it previously anticipated when the company released its third quarter financial results on July 25, 2005. Mindspeed reported revenues of $27.7 million for the third quarter of fiscal 2005.
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"The pick-up in demand we experienced during our third fiscal quarter continued through July and August across the majority of our product families and we believe conditions are continuing to improve worldwide for the end markets we serve," said Raouf Halim, Mindspeed's chief executive officer. "At this point in the fourth quarter, we are on track to exceed $30 million in revenue."

Mindspeed will announce its fiscal fourth quarter results on Oct. 24, 2005.

This was on 3StocksOnFire with a resistance of $1.81, currently at $2.13.  It looks like a stock which has bottomed and is gaining momentum on the upside.  The outlook has improved.

I researched the Income Statement, Balance Sheet and Statement of Cash Flows and everything looks pretty healthy.  Key note is that R&D is huge and without the R&D they would be very profitable.

Also, recent BOD election of a Time Warner Cable exec. looks very interesting.  Time Warner Cable is among other things a large content provider. 

Looks at where the 200 DMA is in relation to the current price.

Press Release:

Mindspeed Raises Fourth-Quarter Outlook
Tuesday September 13, 9:30 am ET 
Mindspeed Substantially Hikes Fourth-Quarter Sales Guidance on Increasing Demand


NEWPORT BEACH, Calif. (AP) -- Semiconductor maker Mindspeed Technologies Inc. hiked its quarterly sales outlook on Tuesday, saying sales will increase as much as 12 percent from the third quarter because of continuing high demand.

The company's shares jumped 12.6 percent to $2.15 in premarket trading on the report.

For the fiscal fourth quarter ending Sept. 30, Mindspeed predicted sales growth of 8 percent to 12 percent over the third quarter -- significantly above the 5 percent to 10 percent increase the company forecast in July.

Mindspeed posted sales of $27.7 million in the third quarter, putting the new forecast at $29.9 million to $31 million. Analysts surveyed by Thomson Financial are looking for revenue of $29.8 million.

"The pickup in demand we experienced during our third fiscal quarter continued through July and August across the majority of our product families and we believe conditions are continuing to improve worldwide for the end markets we serve," Chief Executive Raouf Halim said in a statement. "At this point in the fourth quarter, we are on track to exceed $30 million in revenue."

Last week, fellow chipmaker Texas Instruments raised its outlook for the quarter and Intel narrowed its guidance around the same revenue midpoint.


http://biz.yahoo.com/ap/050913/mindspeed_outlook.html?.v=2