CalAmp

CAMP

Company. CalAmp, formerly known as California Amplifier, is a "communications technology and equipment provider that delivers a diverse range of communications access and content delivery products, services and solutions... CalAmp is a recognized leader in satellite DBS technology, WLAN 802.11 networks, software application development, embedded computing and enterprise mobility. We specialize in markets such as digital media, entertainment, public safety, retail, gaming and healthcare." (company website)

Buy. I sold an earlier lot of CAMP at the beginning of December for a loss. I'm hoping to do better this time.

Yesterday CAMP bounced back with decent volume after touching up with the moving averages last week. The stock has been over-sold (StochRSI) for over a week. The momentum loss (PPO) has slowed and appears to be on the brink of reversing itself.

I only hope I haven't been premature in jumping back in. Trend strength (black ADX line) has not yet made a clear reversal, although the other signs look promising.

Sell

14-Feb-05. It was premature (see above). CAMP got a good bounce when it fell back below the 50-day moving average, but that was it. From there it has been steadily downward.

Let that be a lesson not to try to recoup prior losses on a stock.