Thread:
F1's finest Fundamentally:
Hello everyone, we certainly had a quiet week, last wee there were only 6 new 13's, this week there are 2. It can't bottom out much more than that, the dow looks like it's going to go sideways for a while, anyway, do you own legwork on the companies I like. This current list below is added to a cumulative list of past 13's which I feel have the strongest fundamentals and which, in time continue to show impressive reactions to news stories. Anyway:
Off of the list:
None, a few are getting close though
Downward movement:
CADE 7.2 (-.2) On 6/5/98: It was reported that the gross profit margin of CADE decreased by at least 10%.
On 6/5/98: CADE crossed below its 50-day moving average. If the stock continues to drop relative to its average price of the past 10 weeks, it would generally be considered a bearish sign.
Upward change for the current list:
None
New additions to the list:
None
And the complete list:
RECY 9.3 Completion of 2 acquisitions this week:
investor.msn.com N,1998/06/01,LAM074bc%2DCO%2DRCG%2DAcq%2DFerex
investor.msn.com N,1998/06/01,LAM074bc%2DCO%2DRCG%2DAcq%2DFerex
June 2, 1998 09:51 AM
NEW YORK, June 2 (Reuters) - Jefferies & Co. Inc. analyst Ravi Kamath said on Tuesday he started coverage on shares of Recycling Industries Inc. with a buy rating and a 12-month price target of $12 per share. -- Company is one of key consolidators in highly fragmented metals recycling industry. -- Since entering the business in May 1994, Recycling has become one of largest players in the industry through the acquisition of 17 companies.
On 6/3/98: RECY crossed above its 50-day moving average. If the stock continues to rise relative to its average price of the past 10 weeks, it would generally be considered a bullish sign.
AILP 8.5 investor.msn.com N,1998/06/03,LAW008bc%2DUT%2DALPNET%2DBrazil
investor.msn.com
GTIS 8.0 On 6/4/98: GTIS crossed below its 200-day moving average. Technical analysts generally consider this to be a bearish sign because it means the stock has broken below its price support level and is now falling relative to its average price of the past 40 weeks.
TTN 7.6 investor.msn.com ,1998/06/03,LAW019bc%2DCA%2DTitan%2DCorporation
Since 6/5/98: The price-earnings (P/E) ratio for TTN has been less than its average next year's projected earnings growth rate. For small and mid-cap stocks in particular, this is generally considered as a sign that a company may be undervalued.
HANS 7.6 investor.msn.com
VCR 7.6
ROSS 7.6 company is a news train but not a price train: investor.msn.com N,1998/06/05,ATF009bc%2DGA%2DRoss%2DAgreements
investor.msn.com N,1998/06/04,ATTH009bc%2DGA%2DRoss%2DAgreements
investor.msn.com N,1998/06/01,ATM021bc%2DGA%2DRoss%2DSystems%2DSalehttp://ww w3.techstocks.com/~wsapi/investor/reply-4739342
PSIX 7.5
PUMA 7.5 Contradictory news, something good may be brewing here, there may just be a good reason for the PE to be so high, price is moving up in a sideways market:
Since 6/3/98: The price-earnings (P/E) ratio for PUMA has been greater than two times its average next year's projected earnings growth rate. For small and mid-cap stocks in particular, this is generally considered as a sign that a company may be overvalued.
On 6/2/98: PUMA crossed above its 50-day moving average. If the stock continues to rise relative to its average price of the past 10 weeks, it would generally be considered a bullish sign.
On 6/2/98: PUMA crossed above its 200-day moving average. Technical analysts generally consider this to be a bullish sign because it means the stock is now rising relative to its average price of the past 40 weeks.
NVAL 7.5 Since 6/5/98: The three-month relative price strength rating of 77.00 for NVAL has been at least 20 percentage points above its 12-month relative strength.
GRH 7.5 On 6/3/98: GRH reached a new 52-week high.
investor.msn.com
SOFT 7.4
CCUR 7.4
AKLM 7.4 On 6/4/98: AKLM crossed below its 200-day moving average. Technical analysts generally consider this to be a bearish sign because it means the stock has broken below its price support level and is now falling relative to its average price of the past 40 weeks.
HDL 7.4 On 6/3/98: It was reported that HDL beat average analyst earnings estimates.
investor.msn.com
IFCI 7.3 investor.msn.com, 1998/06/02,BW0027
CADE 7.2
BPRX 7.2
IHCC 7.2
QUST 7.2
LECE 7.1On 6/1/98: It was reported that the net profit margin of LECE increased by at least 10%
BUS 7.0 investor.msn.com N,1998/06/04,DATH020bc%2DTX%2DGreyhound%2Dterminal
TMI 7.0 On no news:
On 6/4/98: TMI reached a new 52-week high.
On 6/4/98: Trading volume for TMI was triple its 13-week average, and its price was up by at least 5%. A jump in price on big volume is generally considered a bullish indicator because it suggests that the stock is under accumulation.
investor.msn.com
IsaacF1 |
