Be careful on CRDC!!!
(2007-09-12 10:57:47)
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I don't think CRDC can go much higher from from here. ( I could be wrong if someone crazy. I can not measure the emotion behind it.)
The products C-port and Alex-A system have some potential for wider adaption. But it is too early to say that. It is very early stage. It needs time to improve. The company has FDA approval since April, but port-C shipment does not increase dramatically. After all, it is only a parts in my view. Not complete system. The near term profit is limited. Do your own research, you will know that.
Similar and better devices and systems already been used. So better stratigy is sell on news.
I actually largely agree with the analyst who downgrade the stock after done some dd on CRDC.
I just don't know why this time the analyst tell the "True" and pretty "in time". Normally analysts do not tell the whole true and most of time are pretty late in the game.
Is it a set up for some big guys playing short term upside and get ride of this stock? I have no idea. Just be careful. Don't chase the high. It will be short lifed anyhow.
Anyone think $50 or $15 is withful thinking and lack of fundmental support