3SOF

Actually, it's not quite to either the 50ma nor the 50ema.  BRLC did match yesterday's low of 8.80 so we have a potential tweezer bottom coming in.  For a more secure trade, I would wait for some upward movement before buying.  That selloff was so severe that it BRLC may not recover as easily as we hope.

Not much time for updates this morning...

BRLC found support at the 50ma once again and reacted nicely with a high volume spinning top which could indicate a change in direction.  Better to buy on a strong break above yesterday's high to confirm trend change.

A lot of blood in the streets today.... 

Ugly, ugly day.

Looks like it's ready for it's next move up.

Great company. I was able to pick 1000 shares up at 8.87 this morning. Thanks for point it out!!

How far up do you think it will go? I'm thinking maybe 10.50? (Though fundamentally it looks very undervalued).

Lots of resistance in the 9.75 area.  I bought 1000 @ 8.87 and 1000 @ 9.52 today.

Sold all shares at  $9.77 for about 6% gain. Thanks for BRLC. It may still go up but I think I will watch for now.

This company has a bright future and should do well tomorrow...up 8% after hrs.  Market must have drove it down today...strange?

(10:23 AM ET) SAN FRANCISCO (MarketWatch) -- Syntax-Brillian Corp. (BRLC : 
BRLC6.99, -1.01, -12.6%) shares tumbled 15% to $8 in Thursday morning trade after the Tempe, Ariz.-based maker of HDTVs and digital entertainment products reported fiscal second-quarter net earnings of $14.8 million, or 25 cents a share. In the same quarter last year, the company posted a net loss of $1.23 million, or 4 cents a share. Revenue rose to $242.5 million from $60.2 million. Analysts polled by Thomson Financial had forecast a per-share profit of 24 cents on revenue of $241.8 million. For the fiscal third-quarter, Syntax-Brillian expects revenue of $160 million to $170 million, and for fiscal 2007, the company expects revenue of $650 million to $700 million.

Hi,

bearish or bullish ?
we will see. You can see a triangle formation on chart.

For those who play "TRENDS", here is a bearish strategy :
buy at 6.32
stop-loss at 7.12
target at 5.00

Good trades

Brillian Corp (NASDAQ: BRLC) 
The threads on this pick in the Previous 3SOF Picks Board,
Have been merged.......

BRLC peaked early in the year and has been dogging it since.
It was looking good right up until their last earnings report in May, but it has come back.
It is sitting right on a 7 month down trend line and closing above 6.75 should convincingly break it.

The pullbacks are an organized MM activity, JMHO, due to the heavy short interest. Using them to add as we seem to be basing and holding at key support levels. Earnings are just around the corner and I anticipate some upward movement when the date is announced.

52wk Range: 3.33 - 11.70
Volume: 2,481,531
Avg Vol (3m): 3,692,820
Market Cap: 408.04M
P/E (ttm): 22.97
EPS (ttm): 0.28

Technicals
Last Price Quote is:
2.52%above 13-day MA
4.29%above 50-day MA
RS Rating: 94 

Fundamentals
Earnings Expected on Aug 31

Key Data:
Market Cap (M): $555.77 
P/E Ratio: 29.03 
PEG Ratio: 0.44863 
Next Earnings: 09/11/2007
Last Analyst Rating: Hold

I will leave you with Friday's closing chart while I'm in this thread.......

Changed Ticker Symbol
'BRLC' is no longer valid. It has changed to BRLCQ.PK