Charts on Near Term Uotrends Message Board

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Strategies & Market Trends : Charts on Near Term Uotrends

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To: Jibacoa who wrote (1382)	7/14/2010 3:40:26 PM
From: Jibacoa	of 1404

IGTE is making another nine years H, trading above its June 22 H of $15.20 and its July 2000 of $14.75 <g> The stock is still up 14.26% on volume about 3x its ADV bigcharts.marketwatch.com It reported today its 2ndQ results, which showed a 43% better revenues and 82% better earning compared to 2009 and $0.03 above the 'analysts' expected earnings for the Q.<g> IGTE has reported 3 consecutive Qs of better revenues and earnings compared to prior years and also on a sequential basis. The EE for 2010 & 2011 are $0.77 & $0.88 vs.$0.51 in 2009 IGTE has NLTD, +CF and the insiders hold > 50% of the stock and the short ratio had increased 44% to about 5x its ADV. The stock is trading today above the ACTAY of $15.92 But with some further good news it still has room to run.<g> bigcharts.marketwatch.com Bernard P.S. Well, there were som late upticks and the DOW was able to come back into positive territory at the close.<g>

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