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Strategies & Market Trends : Charts on Near Term Uotrends

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To: Jibacoa who wrote (1356)6/16/2010 1:22:52 PM
From: Jibacoa  Read Replies (1) of 1404
 
AMKR is down 1% today, but hasn't yet closed the last UG.<g>

bigcharts.marketwatch.com

It received an "upgrade" yesterday to buy.<g>
AMKR plans to redeem $587M of its 8.75% notes maturing through 2013 with $525M in new debt and about $99M of cash on hand.

AMKR also has 2Qs of better revenues and earnings and the EE for 2010 are around $1.11 vs.$0.54 in 2009

The ACTAY is $8.75
It seems that with further good news, the stock could get to test the $10 or lower teen levels.<g>

bigcharts.marketwatch.com

Bernard
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