ICOC

[David Randolph]

I'll keep letting the profits run on ICOC.

[David Randolph]

ICOC's current consolidation phase is healthy, probably it won't take much longer for another white marubozu to unfold, given the attractiveness of the fundamentals. Keep letting the profits run.

[David Randolph]

ICOC positively surprised the market by 42.9% in its fiscal 2nd quarter 2007 earnings:



Yet analysts still didn't raise their EPS estimates for the full year (well, there's only one analyst covering the stock and probably he's got bigger fishes to fry).

The company made $0.2 EPS from continuing operations in calendar Q1 2007 ($0.26 EPS if we count with discontinued operations) and said the strong momentum it saw in international markets (which account for 68% of the company's sales) will probably continue throughout the year. So, I guess we're looking for at least $0.8 EPS for the full year 2007. ICOC's industry trades at 19.75 times earnings, so, if ICOC trades at its industry average valuation, it will then be a $15.8 stock.

This is without considering potential growth from the last quarter's numbers.

I'll keep holding ICOC.

[yukiii]

Taking profits todays in ICOC, bought some more IEAM

[David Randolph]

ICOC closed above $10 for the first time since 1990. The way is clear for further appreciation. I'll continue holding ICOC.

[Garoh]

ICOC closed above $10 for the first time since 1990. The way is clear for further appreciation. I'll continue holding ICOC.

David this is the best stock of your main portfolio ...
Everything is great with this one . Chart looks one of the best busllish charts I ever seen . I sold SILC yestreday at the open and bought more ICOC at 9.99  .. that's because I think it's going to $16 as far as it can 
acually I sold Silc for a loss but I'm happy I'm still alive 

Would SGTL it looks extremely nice for at least 50% profits ..

[David Randolph]

Thanks for your comments on ICOC Garoh

The stock suffered from the "I got take a profit where I have it to compensate for losses elsewhere" syndrome. Technically the stock hit an ascending support yesterday, and fundamentally nothing changes. A couple of weeks from now ICOC will be back above $10 or possibly more.

[David Randolph]

I thought yesterday's sell off was quite stupid, but didn't think the stock would recover so quickly

Up 6.73% today, to a new 17 year closing high.

I'll keep holding ICOC.

[Garoh]

ICOC closed above $10 for the first time since 1990. The way is clear for further appreciation. I'll continue holding ICOC.

David this is the best stock of your main portfolio ...
Everything is great with this one . Chart looks one of the best busllish charts I ever seen . I sold SILC yestreday at the open and bought more ICOC at 9.99  .. that's because I think it's going to $16 as far as it can 
acually I sold Silc for a loss but I'm happy I'm still alive 

Would SGTL it looks extremely nice for at least 50% profits ..

David as I said yesterday it's one of the best stocks you have on your main and yestreday's action was shaking weak hands ....
I added more at 9.45 yesterday 

david look at this stock SGTL it's very nice for a 50% quick profit ...

[BigSully1]

Upsidestocks (Richard Moroney) upgraded to Best Buy  Tuesday.

[BigSully1]

Upsidestocks (Richard Moroney) upgraded to Best Buy  Tuesday.

I guess i should add that he also put JAKK on the buy list 

[David Randolph]

Upsidestocks (Richard Moroney) upgraded to Best Buy  Tuesday.

I guess i should add that he also put JAKK on the buy list 

Hehe, he just subscribed to 3 Stocks Premium

[BigSully1]

ICOC closed above $10 for the first time since 1990. The way is clear for further appreciation. I'll continue holding ICOC.

David this is the best stock of your main portfolio ...
Everything is great with this one . Chart looks one of the best busllish charts I ever seen . I sold SILC yestreday at the open and bought more ICOC at 9.99  .. that's because I think it's going to $16 as far as it can 
acually I sold Silc for a loss but I'm happy I'm still alive 

Would SGTL it looks extremely nice for at least 50% profits ..

David as I said yesterday it's one of the best stocks you have on your main and yestreday's action was shaking weak hands ....
I added more at 9.45 yesterday 

david look at this stock SGTL it's very nice for a 50% quick profit ...

What is it you see in SGTL that I don't see at all?

[Garoh]

ICOC closed above $10 for the first time since 1990. The way is clear for further appreciation. I'll continue holding ICOC.

David this is the best stock of your main portfolio ...
Everything is great with this one . Chart looks one of the best busllish charts I ever seen . I sold SILC yestreday at the open and bought more ICOC at 9.99  .. that's because I think it's going to $16 as far as it can 
acually I sold Silc for a loss but I'm happy I'm still alive 

Would SGTL it looks extremely nice for at least 50% profits ..

David as I said yesterday it's one of the best stocks you have on your main and yestreday's action was shaking weak hands ....
I added more at 9.45 yesterday 

david look at this stock SGTL it's very nice for a 50% quick profit ...

What is it you see in SGTL that I don't see at all?

Good question BigSully1   

Well If you don't see anything others can ..
First , take a look at the weekly chart for 3 years and see how the stock is doing ..
second, take a look at the daily chart for 4 months and see what the chart tells you about reaching a bottom ..
This stock can shoot 50% easily ... But if it make a new low below 2.87 and close below 2.90 then it'll be so bad ..

I'm waiting for a long white candle could happen soon 

[David Randolph]

SGTL's chart is very bearish Garoh. Moreover once somebody sent me a very comprehensive article defending the company will probably face bankruptcy. Since then I always had this idea that I should avoid that stock. But I didn't made any deep study on it ...

But if it make a new low below 2.87 and close below 2.90 then it'll be so bad ..

Well, it closed at $2.73 on Tuesday, so that pretty much ends the question.

As for ICOC, the stock is trading at roughly 13.5 times 2007 estimated EPS (extrapolating the $0.20 it earned in Q1 2007 for the full year, there's no seasonality). It should be trading at 20 times earnings instead, that is, about $16 a share.

I'll continue holding ICOC.