LOL
Ain't that the truth!
This may interest you?
"SELECTIONS
As a change of pace from the higher-cap, more volatile technology stocks
we usually feature, we are selecting a couple of lower priced small-cap
stocks for your consideration. We are hoping to duplicate the type of
success we had in BEAM with these two.
1. Grey Wolf, Inc. (GW, $5.31, up .31) BUY
2. PSS World Medical, Inc. (PSSI, $8.94, up .5) BUY
DISCUSSION
1. Grey Wolf, Inc. (GW, $5.31, up .31) is a small cap play in the Oil
Services Sector, one of the stronger performing sectors this year. We
hear talk on the Street they are about to land a significant contract that
should provide additional momentum to the stock price. Although the
financials aren't particularly inspiring, Grey Wolf set a new 52-week high
on Thursday and should continue its upward momentum. Grey Wolf is engaged
in the business of providing onshore contract drilling services to the oil
and gas industry. They provide contract land drilling services primarily
in Alabama, Arkansas, Louisiana, Mississippi and Texas through a domestic
fleet of 120 rigs. Technically, GW closed above its upper Bollinger Band
located at $5.25 and this level should provide some support.
Additionally, the chart shows a MACD Crossover, a bullish sign. We look
for the stock to trend at least 20% higher.
ACTION: We are going to aggressively BUY GW with a limit of $5.75. Our
target is $8.00 with an initial protective stop at $4.75.
For the CHART:
bull-market.com |
