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S&P 500: 1,340.35 Change: -0.84%
Burtman
P&P Score: 0.64 | Points: -217.81 | Accuracy: 72.33 | Average Pick Score: -0.18   Annual Return: N/A  
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SELL: CLICKSOFTWARE TECHNOLOGIES LTD. (CKSW) Rating: 5
Start Price: $7.36
Points: +13.03
Created: 12/29/2009
Nice run but I can't see it going much higher. Someone will be caught holding the bag around this price. My target is $3-4.

9 Comment(s):

Author Burtman     Date 2009-12-29 09:41:19
I am probably early on this one but I don't have time to sit and watch it on the SIM. I hope I get a decent entry tomorrow but who knows with this game.
Author JoeJustJoe     Date 2009-12-29 15:44:09
Based on the "trendy" at 5.45 it "shoulda" got no higher than appx 7.10. Keep in mind that the 52 week high is a nonconfirmt however. Taint no biggie ifn it runs to thur since the 5.45 trendlow means it'll hit sub $4 dolahs sometime in 2010. *-) 3J
Author CrownJ     Date 2009-12-29 22:47:06
What's wrong with CKSW? It just announced record high revenue for 4Q and they are expending.
Author CrownJ     Date 2009-12-29 23:08:01
CKSW is now rated as a BUY
Author Burtman     Date 2009-12-30 07:54:48
Crown,

BUY means it already has been bought. I'm a TA guy. The charts are turnin a little ugly here. The weekly chart looks topped out and the monthly has another month or so of possible ugliness. The correction in CKSW started @ 9. You should have sold there and played the dips like Sport is doing. I can't see this stock going above 9 anytime soon. Bottom line I think risk is higher than reward here.
Author JoeJustJoe     Date 2009-12-31 12:09:10
Burtski, I'm wreckin you noticed the "slight" rampage in RTK that I sed would happen. We had 3 seperate trendlows over the past 5 daze....one down to 1.23...one at 1.21...the rampola to a nonconfirmed high at 1.35...and then this moanin on the opening pullback a "sneaky" little one was put in at a higher low >>> 1.24. In order fer RTK to ramp it twill now need to trade back belowst 1.21....the lowest o'the trendies. So fer it only matched it but it is now at 1.23 and I'm wreckin it'll take it out before the day is thru. I am "probly" gonna throw a few sssheckles at it meself. Just wanted to give ya the heads up *-) 3J
Author Burtman     Date 2010-01-02 16:53:32
Thanks for the heads up 3J!

Hope you and yours had a great holiday. Goog Luck in 2010! Burt
Author Burtman     Date 2010-02-03 11:18:06
CROWN!!! I DON'T KNOW IF YOU ARE OUT THERE BUT.... DON'T BUY THE DIP ON THIS POS!!!!! LOL!
Author Burtman     Date 2010-04-05 13:54:20
There may be some more pain short term on this one but I think the turn is coming so I'll bank this and re-chort later. I don't see this pullback going higher than 7.75. Target low is $4-$5ish.
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