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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: Songwrks who wrote (20131)3/14/2000 11:44:00 AM
From: James Strauss  Read Replies (3) of 54805
 
IFLO... Multi Year Breakout...
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When a stock breaks to a new high you like to see large volume on the breakout... IFLO had 20 times its average volume on the breakout... You like to see growing institutional interest... Louis Navellier bought 250,000 shares last Qtr... Stephen Watson Bought 275,000 shares...

Strong technicals include positive MoneyFlow and rising On Balance Volume... One moving average after another is making a higher crossover... And, if that's not enough, IFLO has outstanding fundamentals and a P/E less than 7... If It was selling at an industry multiple it would be between 25.00 to 30.00 right now...

Rarely do you find a stock with the technicals and fundamentals moving the same way while the stock is still undervalued... IFLO is one of them...

Jim
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