OVTI, CKCM, CVH, TASR

From: "Ahunawar Chhapgar" Date: Tue Jan 10, 2006 9:34 am Subject: OVTI, CKCM, TASR, CVH

Where is the joy I need to see on this board with OVTI on 24 :)
My suggestion would be to sell OVTi before earnings if it reached 27 - 30
(based on market index etc factors). That is a good return on where we
invested (12 to 15 bucks). It has excellent momentum and can easily hit 30
if market doesn't fall back. It should really be valued at around 40 in my
opinion. Again, if they guide higher next quarter it is a different story
all together.

TASR is the other stock that has a lot of suspense. I wrote about it last
week and it has seen some 33% up since. If you got in then this piece is for
you. Unfortunately there is no affirmation in terms of earnings but more in
terms of court cases being dismissed and just the huge potential these guys
have. TASR makes the Taser guns that cops use. For those who don't know,
TASR is the single most phenomenal growth story in a year in 2003 - 2004.
Well actually it was the single most manipulated, overpriced stock then that
just flew on short covering (1000% up). The stock is purely moving on
momentum now and a lot of day trading volume (or of course on news that is
not out yet). The options which is all I trade these days are surprisingly
priced without a premium which is a drawback on this stock. There has also
been a huge closing of the 7.5 calls for Jan yesterday, another possible
negative (need not be). The options trading volume yesterday for 7.5 Jan was
at 7500 though the open interest went down by 3000. Aha! New interest in the
stock for sure and since it is trading without a premium, people might
prefer exercising the option and holding it (another potentail reason of Jan
option interest going down). One thing I can tell you is that do not
underestimate the momentum of this stock simply because it is the one that
attracts maximum day traders. This stock showed up on several BUY trading
alerts screen based on the fact that it broke through all moving averages
resistance over the last few days. Trade this one with stop markets though.
Momentum traders will dump if if they have sure proof of it's reversal. If
you are the long term investor kind of guy then hold on to it as it really
does have potential.

CKCM: Still very underpriced in my opinion.
You must think that I seem to be only covering some 5 stocks of late. I have
dozens of stocks that I am looking at for short and long plays and these did
seem the best ones. I haven't researched other stocks in as much detail if
it fails some of my criteria but I do cover another say 150 stocks and then
the stocks that show up on my screens on a day to day basis.

CVH: Is a short to 50 bucks easily but you can wait for a good time to
short.