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Strategies & Market Trends : Wade Cook /Rolling Stocks

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To: gunslinger who wrote (1623)2/6/2000 2:15:00 AM
From: MIKFREE   of 1647
 
LZ: Wouldn't really classify it as a roller, but it should roll on back to the high 30's at least from here. Company announced earnings on Thursday which brought PE down to 13 from 22. To have a PE of 22 now, stock should be at 55. Nice value play, imo, poised for a run next week. Also ACRU, more of a rolling stock, but with a kick! Check out the consistent increase in price and volume over past three days. Indicators just turning positive, very nice. Got that pick from WSI's board from Friday, saw it today. Looks good to high 50's low 60's at least.
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