Sunday, October 14, 2007

 

HLIT



I've been holding a very small stock position in HLIT, which I might add to. It looks like it's broken above resistance around the 11 area.

There was an article about this in IBD, which could bring it some visibility.

There was this question ..

IBD: Would you consider being acquired?
Harshman: Our strategy right now is one of independence. That's not to say we wouldn't take any outside offer seriously.


..which made me look at the OBV. It seems to be in an uptrend. "Smart" money accumulating this stock? Time will tell.

Disclosure: Yes, I own this stock.

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