CC: worth a look

CC:

Holiday Season upon us again.... Plenty of excitement in the gaming and electronic industry. Not my favorite area to follow but an attractive extreme always catches my attention. Here is CC, looking oversold and even down 2% following my am observation. But, chart is attractive and many have plenty of fundamental data points.

While stocks remains beaten up at these levels worth taking a shot. Looking at an exit for near-term traders at $23.40 upside potential closer to $26.

I do acknowledge reading the following : Circuit City has been holding meetings with the Street recently in which it is warning that average selling prices for flat-panel televisions are falling faster than the company had expected.

Despite those facts or presumed facts – I like the risk/reward. Closer to risk at current levels than reward – for those that see my point.

Nature of trade: Low conviction relative to gold’s/ metals, semi’s and other tech.

Next quest: Sustainable Media company.