just your thoughts on Hutchinson (3G Mobile), where do you think the stock could be heading towards....?
my techincal analysis is showing, a long bearish candle, with small shadows, but due to the amount of volume traded, HTA broke resistance (which is not 100% confirmed, if this is sustantable), but also has managed to open higher than previous close, with quite a considerable gap, (the gap formation, could seeming prove to be a new line of support)
the company is highly leverage... but due to its new 3G mobile, and heavy advertising, and cheap call rates... and video messaging, the company is in a league of its own, in this market niche...
also following today... some strong buys, at volumes of 100,000 units, consistenly, but also some big share holders are holding on to the stock, with 1 million plus units.... and seem to be controlling/dominating the stock value as it trades up....
does this stock look like a winner? or hold for the long term growth?