MFLX ==> The Exelauno Day Winner

[skiracer]

TA traders have the attention span and patience of a flea.

Ernie,
That's a big generalization an I can't believe that you actually said that. Do you really believe that?

[mrmarket]

Ernie,
That's a big generalization an I can't believe that you actually said that. Do you really believe that?

No...I was trying to be funny.

[skiracer]

No...I was trying to be funny.

You're such a prankster. You had me there for a minute.

[sisterwin2]

No...I was trying to be funny.

I giggled. As folks here say, jejejejejeej

[New-born baby]

Ouch

Was watching MFLX resist very hard at $30 today, and then it broke. Lookout.

[Rob]

There's a fine line between a stock being oversold and a falling blade ... in fact, in this case a multi fine line. Uh oh, Mildred.

So where does the bloodletting end?

[Lyehopper]

There's a fine line between a stock being oversold and a falling blade ... in fact, in this case a multi fine line. Uh oh, Mildred.

So where does the bloodletting end?

Well there's a nice little gap @ 12.85 that needs fillin'.....

[Rob]

I wonder if the concept of gap-filling existed in the Mayan culture. It seems this would be an important piece of information when it comes to making investment decisions.

[Lyehopper]

I wonder if the concept of gap-filling existed in the Mayan culture. It seems this would be an important piece of information when it comes to making investment decisions.

I dated this old gal with a fibonacci gap between her teeth once.... Could spit Redman and kill a horsefly....

[Rob]

Was she that one who was so skinny she had to run around in the shower to get wet?

[New-born baby]

Too late to pray about it

There's a fine line between a stock being oversold and a falling blade ... in fact, in this case a multi fine line. Uh oh, Mildred.

So where does the bloodletting end?

This--what shall we call it?--"stock"--had a triple bottom breakdown here today. Mildred, that ain't good. There's a lot of support around $20, and it ought to bounce around there for awhile, anyway. But Dow Theory says old MFLX could even see $5. Brutal. Just brutal. I've seen fireworks lose the momo, but none has ever lost it quicker and more fully than Mildred's favorite, MFLX.

[mrmarket]

Let's wait and see what happens to its earnings...then I'll comment.

[Runner]

I decided to look into MFLX’s numbers and here is what I have come up with.

I first wanted to look at annual sales and notice sales have decreased from 2005 from 139.7 to 123.8. First red flag and one might question why the decrease.

Based on projected 2006 earnings I see fair value for this stock at 37.00. For 2007 I see possible fair value price per share at 43.50. It had some very quick growth that was not sustainable and I think it just needed to cool off a little. The company has not enough history to really get a feel for. Is this a buy from current levels? IMO I now would need to see it set up using TA. It does appear to have just completed leg 3 and now is putting leg 4 in.

[mrmarket]

Actually Runner it was its consecutive quarterly sales that dipped, not its annual sales. If you look back, MFLX Q1 2005 sales also dropped from its Q4 2004 sales (from $84.4 MM to $77.4 MM) so this move is not unprecedented, indicating seasonality in its sales.

Furthermore, MFLX, and its stock price, recovered significantly from this dip with some subsequent astronomical sales growth.

I like my long position here very much.

[New-born baby]

Inverted

Looking at the daily chart MFLX could be***could be working on a possible*** inverted head and shoulders patern. That would signal a bull move of $7.50 or more coming soon. Weekly chart says the same thing.