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| Discussions for Ceragon Networks Ltd. | View all discussions |
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| Why the recent sell-off? | ||
| All 3 messages in discussion - | ||
From: ystra...@gmail.com
Date: Tue, 5 Aug 2008 10:16:46 -0700 (PDT)
Local: Tues, Aug 5 2008 1:16 pm
Subject: Why the recent sell-off?
Does any body have any idea what is driving this latest sell off?
Good earnings, good currency hedge against the weak U.S. dollar... You must Sign in before you can post messages.
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From: vbkris77 <vbkri...@gmail.com>
Date: Tue, 5 Aug 2008 11:42:18 -0700 (PDT)
Local: Tues, Aug 5 2008 2:42 pm
Subject: Re: Why the recent sell-off?
It just looks insane.. This has gone down from almost 9.0 to back to
7.2. Such a good company with only 10 P/E ratio. You must Sign in before you can post messages.
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From: tpetdoc...@gmail.com
Date: Tue, 5 Aug 2008 14:35:31 -0700 (PDT)
Local: Tues, Aug 5 2008 5:35 pm
Subject: Re: Why the recent sell-off?
I think it's because the stock is still thinly traded. I bought at
6.50 and 7 and then missed my selling point because I was too greedy and thought it would get up to around 9.50 - 10. I have no doubt that it will revisit that territory sometime within the next two months anyway. Of course there is just as good of a chance of it going down to the 6.50 level. Expect both and play it that way. This is one volitale stock you can make a lot of money on both ways. Long term I'm very bullish on the stock. It's just a messed up market and this stock is thinly traded and relatively few trades have the power to push it up or down. You must Sign in before you can post messages.
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