anyone interested ? LH, at $ 2 1/2 or so, on nyse, does hundreds of millions $ in sales yearly, going through rough period, but very recently may be making "PSYCLE sm" "exhaustion bottom" on high, cathartic volume....with a stop below recent low, in diversified portfolios only, where suitable, may be worth a shot, for a bounce towards resistance around $ 3 3/4 to 4 1/8....when/if can get over
$ 4., much higher, but let's take one step at a time...low 1996,
was also around the $ 2 1/2 area twice before, so does have some decent historical support there....
co. seems to be possibly coming out of rough period, still among the largest in it's field...after acquisitions, etc. I may be wrong, but
I think they have continued to make small profits every year, so not hemmoraging....
was $ 9. last year, and $ 14. in 1995, so upside exists...
I specialize in buying truly depressed, hated stocks of companies with at least survivability down near lows...with close stops, diversifying also to lower risk...best wishes to all, |
