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Old 09-23-2009, 02:56 PM   Nav to Top  #1
Longshot
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Default DDRX - Diedrich Coffee

Not putting a strong buy on this because it's thinly traded and purely a TA pick.



See here as well

DDRX

DDRX had a small increase in value yesterday after a three tops at 25 followed by a dump.

Bouncing off it's resistance of 20 while channeling upward, this looks to be a quick money making opportunity.

I'm long at 20.30.

This is a speculative pick so please do your own DD, but this looks good.

Also from the news on Sept 21st, which seems a little puzzling (stock nosedived on news of increased earnings and soaring sales?), but further pushed my logic of playing against the herd.

Coffee roaster Diedrich Coffee (Nasdaq: DDRX - News) reported fiscal Q4 net income of $3.0 million, or 40 cents per share, versus a net loss of -$10.2 million, or -$1.86 per share, a year earlier. Adjusted EPS came in at 29 cents. Sales soared 57% to $20.1 million. Looking forward, the company guided for full-year 2010 EPS of 90 cents to $1.00. The stock nosedived -18.1%.

I'm in at 20.30, let's go bulls!
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Old 09-24-2009, 10:48 AM   Nav to Top  #2
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Oofah broke out the wrong direction!
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Old 10-01-2009, 01:07 PM   Nav to Top  #3
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Originally Posted by Longshot View Post
Oofah broke out the wrong direction!
Back up to 23!
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